Category Archives: Syndicated
Battle lines drawn as hedge funds eye bank businesses
Risk.Net – Hedge funds first rode into town as the rebellious upstarts of the financial markets. They wore leather jackets, rode big motorcycles and caused all sorts of trouble with their antics. But things changed once institutional investors got hold […]
Jana Partners wins Walgreen board seats
Reuters – U.S. drugstore chain operator Walgreen Co. said it had appointed Barry Rosenstein of hedge fund Jana Partners to its board as the company moves to complete its takeover of drugstore chain Alliance Boots. Rosenstein, Jana’s founder and managing […]
BlueBay, Hedge Funds Take On Asset Managers for UCITS
Bloomberg – Hedge-fund firms such as BlueBay Asset Management LLP and Brevan Howard Asset Management LLP are jumping on demand for liquid alternative investments, offering funds usually reserved for traditional money managers. A Deutsche Bank AG survey of 86 hedge-fund […]
Meet Howard Leedham, the British commando who became a Dubai hedge fund manager
The National – Discipline. Managing risk. Avoiding losses. These are the skills and attributes of the hedge fund manager. They are also arguably the characteristics of a military commander, which is why Howard Leedham, the chief executive of the Dubai-based […]
Hedge Fund Merchant Advances 16% as Oil Drops With Iron Ore
Bloomberg – The Merchant Commodity Fund gained 16 percent in the first eight months as bets on declines in crude oil, iron ore and sugar helped to boost returns, according to Chief Investment Officer Doug King. The fund, run by […]
Corn appeal ends hedge fund’s bearish spree on ags
AgriMoney – Hedge funds took a break from extending bearish bets on farm commodities for the first time since June, reflecting improved sentiment on soft commodities and livestock – but also on corn, which they appear to be spreading against […]
Walgreen adds activist hedge fund founder to board
Seattle PI – Walgreen has named Jana Partners founder Barry Rosenstein to its board, and the activist investor will get a say in choosing at least one additional director for the nation’s largest drugstore chain. Walgreen Co. is feeling shareholder […]
Hedge Fund Profit on Brocade Deal Spurs Insider Trial
Bloomberg – A former Foundry Networks Inc. executive is set to face a federal jury over accusations that he passed inside information about the company’s $3 billion acquisition by Brocade Communications Systems Inc. (BRCD) that helped California hedge funds make […]
Retail hedge funds to raise $49 bln in next 12 months -survey
Reuters – Investors are expected to pump $49 billion into funds that mimic hedge fund strategies over the next year, to make so-called “liquid alternatives” the fastest growing part of the asset management industry, a survey said. That would mark […]
Fortress Main Hedge Fund Said to Fall 2.3% in Last Month
Bloomberg – Fortress Investment Group LLC (FIG)’s main macro hedge fund lost 2.3 percent last month as its wagers on the economy faltered, according to a person familiar with the matter. The August decline brings losses this year in Fortress […]
Hedge Fund Blames High-Frequency Trading for Shutdown
WSJ – A hedge-fund manager says an unusual culprit contributed to his firm’s demise: high-frequency traders. Rinehart Capital Partners LLC, which had been backed by hedge-fund veteran Lee Ainslie and specialized in emerging-markets stock-picking, is closing, according to a letter […]
Hedge Fund Blames HFT For Demise; ETFs To Play The ECB’s Rate Cut
Barron’s – Hedge fund Rinehart Capital Partners is blaming its demise on high-frequency traders. Rob Copeland, The Wall Street Journal. David Tepper, founder of the Appaloosa Mangement hedge fund, thinks the bond rally is coming to an end with the […]