Category Archives: Syndicated
Billionaire Hedge Fund Manager Ray Dalio Is Back, All Weather Fund Up 11%
Forbes – Billionaire hedge fund manager Ray Dalio is the king of the rich hedge fund industry. He runs the biggest hedge fund outfit in the world, Bridgewater Associates, a firm with $150 billion under management that Dalio founded in […]
City Diary: Hedge fund joins the dots between Blinkx and Gowex attacks
Telegraph – Diary spots an interesting link between the short-selling attacks on Blinkx, sparked by a report by Harvard professor Ben Edelman, and Let’s Gowex, sparked by a report by Gotham City Research. A unifying thread running through the two […]
‘Activist’ hedge funds agitate their way to gains
America’s Markets – Hedge funds whose M.O., or modus operandi, is to use their deep pockets and financial acumen to agitate for change at underperforming companies are at the top of the hedge fund performance charts this year. So-called “activist” […]
Smart Biotech Hedge Fund Worth Watching Had Therapeutics MD Before Pop
Forbes – Biotech stock Therapeutics MD (TXMD) was up 32.5% on Tuesday, lifted by brokerage house FBR Capital initiating coverage with an incredible $34 price target. Based on TXMD’s Tuesday closing price of $5.47, the FBR price target would mean […]
Notable Cases on Insider Trading in Hedge Fund Industry
NYT – The office of Preet Bharara, the United States attorney in Manhattan, has secured 85 convictions and guilty pleas from traders, analysts, industry consultants. Below are some of the key cases. See Interactive Here
NYSE, Citadel, other asset managers call for lowering ‘access’ fees
Reuters – The New York Stock Exchange and two prominent asset managers will call for reforms on Tuesday [July 8] to lower the cap on fees exchanges can charge brokers to enter the market, according to prepared testimony reviewed by […]
Wife of hedge-fund boss in £1bn divorce claims she made him a philanthropist
Telegraph – The former wife of a leading philanthropist suggested that she had influenced him to give so much of his wealth to good causes. Jamie Cooper-Hohn said during what could be Britain’s first billion pound divorce case that when […]
Soros Fund sued by former portfolio manager
Reuters – A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees. Aaron Cowen was […]
U.S. companies adopt bylaws that could quash some investor lawsuits
Reuters – A handful of mostly tiny U.S. companies have become the first to adopt controversial bylaws that would shift legal fees to investors who sue and lose, which legal experts said could upend the economics of shareholder litigation. The […]
After Nailing “Big Short,” Eisman Closing Hedge Fund
ValueWalk – Fund manager who bet against subprime mortgages while at Morgan Stanley fund couldn’t raise significant assets even as he identified next big short. Professional money manager Steve Eisman found the ultimate big short, selling against the subprime mortgage […]
Ackman’s Hedge Fund Offers Slate of Directors for Botox Maker Allergan
DealBook – Pershing Square Capital Management unveiled a proposed slate of directors on Monday that it hopes to elect to the Allergan board. Pershing Square, which is working with Valeant Pharmaceuticals on a $53 billion hostile bid for the Botox […]
Cyber Security Executive Got A Little Carried Away With His Hedge-Fund Hacking Attack ‘Illustrative Scenario’
Dealbreaker – Last month, BAE Systems’ Paul Henninger breathlessly reported that a “major” U.S. hedge fund had fallen victim to a spear phishing cyberattack after an apparently dull employee clicked on link he or she shouldn’t have. This was very […]