Category Archives: Syndicated
Hedge funds cut bullish Gold bets on Fed stimulus outlook
BusinessDay – Hedge funds cut bullish gold bets, adding the most short contracts in four weeks, as U.S. economic growth fuels speculation the Federal Reserve will trim stimulus. Holdings across commodities dropped the most since April. The net position in […]
SAC Manager’s Jury Pool Runs From Hedge Fund to Occupy Movement
Bloomberg – SAC Capital Advisors LP fund manager Michael Steinberg’s insider-trading trial began with a Manhattan federal judge questioning more than 50 people out of a pool of about 100 potential jurors about their views on Wall Street, fund managers and financial fraud. […]
U.S. Bancorp to acquire Irish hedge fund administrator Quintillion
Journal Sentinel – Milwaukee’s U.S. Bancorp Fund Services LLC, which handles back-office and administrative tasks for mutual funds and other financial industry businesses, said Wednesday it plans to acquire a hedge fund administrator in Ireland. Financial terms of the acquisition of […]
Meet The 24-Year-Old Professional Tennis Player Running A $115 Million Hedge Fund
Business Insider – Sam Barnett is the 24-year-old founder and CEO of SBB Research Group — a Chicago-area quantitative hedge fund that currently has $115 million under management. He started his fund while studying applied mathematics at California Institute of […]
Pine River hedge fund says will gain from Wall Street’s stricter rules
Economic Times – Colin Teichholtz, co-head of fixed income trading at $14 billion Pine River Capital Management, said the hedge fund firm will benefit from new Wall Street regulations as investment banks pull out of markets it likes to trade […]
Hedge funds bet on J.C. Penney turnaround
CNNMoney – J.C. Penney has attracted the attention of some top hedge funds as the retailer struggles to turn itself around. Shares of the troubled retailer have risen 35% over the past month, bouncing off their lowest levels in 33 […]
Eton Park Partners Corré and Astrof Set to Depart Hedge Fund
WSJ – Two partners at Eton Park Capital Management LP, a $10 billion hedge-fund firm set up by former Goldman Sachs Group Inc. star trader Eric Mindich, are leaving the firm, according to people familiar with the situation, adding to several departures in […]
EY to stage hedge fund event
The Royal Gazette – A top industry expert is to announce the key findings of a major survey on hedge funds at a meeting in Bermuda on Thursday. Michael Lee, who has just been appointed global asset management leader at […]
Large Investors Find Asian Hedge-Fund Options Limited
WSJ – Large overseas investors can’t get enough of big-name Asian hedge funds. Too bad there aren’t more of them. Deep-pocketed pension and endowment funds—many from the U.S.—are coming to Asia in droves, ready to put cash in the region’s […]
Hedge Funds Grab Greek Assets
The Street – Hedge funds have repeatedly come to Greece, in expectation of outsized profits in the long run. During Greece’s six year long recession, the troubled economy has twice sought help from bailout programs. While there is nothing rosy […]
If Wall Street Loves Technology Stocks, Why Are Hedge Funds Selling Them?
24/7 Wall St – For much of the past two years, technology has dominated both long/short exposure and long/short performance in the hedge fund world. This has changed over the past quarter with technology dropping from overweight to simply in-line. The […]
Hedge fund Shale Community BanFund looking at Ohio banks in Utica shale region
BizJournals – Investment banking firm Boenning & Scattergood Inc. has witnessed shale development transform community banking throughout much of Pennsylvania. So it’s without pause the Philadelphia-area firm sets sights on the Marcellus and less-developed Utica shale play with a new spinoff of […]