Category Archives: Syndicated
Tim Hortons in crosshairs of second U.S. hedge fund
The Globe & Mail – Pressure is likely to mount on Tim Hortons Inc. now that it’s in the crosshairs of a second American hedge fund. Scout Capital Management says in a regulatory filing that it has boosted its Tim […]
Karvy eyes Rs 100 crore with maiden hedge fund
Business Standard – Hyderabad-based Karvy group has launched its first hedge fund, and aims to collect Rs 100 crore from a mix of high networth individuals and institutions, in its maiden foray into an industry which at its peak has managed trillions of dollars globally. […]
Hedge Fund Managers Seek to Mine DC Market
OWS – Advisors may soon see lower fees for liquid alternative asset funds – hedge fund mutual funds – thanks to the push by hedge fund managers to market these plans more aggressively into the defined contribution space, according to […]
Stan Druckenmiller Gave A Startlingly Blunt Reason For Why Hedge Fund Managers Don’t Like Bernanke
Business Insider – It’s no secret that a lot of hedge fund managers on Wall Street have no love for Ben Bernanke or his monetary policy. Journalists, economists and pundits have mused on the reason why more times that anyone […]
Corgentum Consulting to Lead Panel at Family Office & Private Wealth Management Forum
Jason Scharfman, Managing Partner of Corgentum Consulting, will be moderating at panel at Opal Financial Group’s Family Office & Private Wealth Management Forum on July 23, 2013. The forum is part of the Private Wealth Series, bringing together family offices, […]
Hedge Funds Cut Gold Bets as Paulson’s Loss Widens: Commodities
Bloomberg – Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus and as this year’s slump in bullion spurred losses for billionaire John Paulson. The funds and […]
Now’s Best Time to Buy Art, Hedge Fund Founder Rachofsky Says
Business Week – Now is a good time to buy contemporary art, even though prices have never been higher, the Dallas-based collector Howard Rachofsky says as he digests his bratwurst. The former hedge fund manager and his wife Cindy are […]
Hedge Fund Flows a Shade Weaker
Barrons – Hedge-fund investors took their collective foot off the gas in April, according to the latest data from BarclayHedge and TrimTabs Investment Research. They handed over a net $430 million to hedge funds during April, which was only about half the March […]
How hedge funds can help Detroit avoid bankruptcy
Quartz – The city of Detroit owes its creditors $15 billion. Today it offered them a pretty raw deal. Kevyn Orr, the lawyer tasked by the Michigan state government with sorting out the mess, said it would default on some of that debt and offer […]
Female Hedge-Fund Manager Says Lean In, It Makes You Money
WSJ – To this year’s debate on women and work-life balance, add the voice of Karen Finerman, a New York hedge-fund manager, CNBC regular and the mother of two sets of twins. Her brassy new book, Finerman’s Rules: Secrets I’d Only […]
Lampert Clients Exit Fund With $393 Million of AutoNation
Bloomberg – Edward Lampert used $393 million of shares in AutoNation Inc. (AN) to meet client redemptions from his main hedge fund, whose investment in Sears Holdings Corp. (SHLD) has led to volatile returns. Lampert’s ESL Partners LP on June […]
Hedge-Fund Firm Distributed AutoNation Shares to Investors
Wall Street Journal – Hedge-fund manager Edward Lampert is facing some unhappy investors. His firm, ESL Investments Inc. distributed 9.1 million shares of AutoNation Inc. to investors to meet their requests to withdraw money from his hedge fund, according to […]