Category Archives: Syndicated
NYC Pension Chief Seeks $500,000 Managers Not Wall Street
Bloomberg – New York City’s $140 billion retirement system pays Wall Street money managers about $360 million a year, the only one of the 11 biggest U.S. public-worker pensions that refuses to manage any assets internally. Larry Schloss, the city’s […]
Two Things You Should Know If You Want To Be Real About Hedge Funds
Hedge funds are known for being high powered, high performing financial firms that employ the smartest people and command the top of top dollar for their services. So it’s important to keep up with what they’re doing. This morning, two […]
Funds of hedge funds resurgent, says Optima founder Dixon Boardman
HedgeWeek – The fund of hedge fund business is strong and is regaining momentum and America is leading the way, says Dixon Boardman, founder of Optima Fund Management. Boardman cites figures from Hedge Fund Intelligence noting that in 2012 North […]
Risk Aversion Puts Hedge Funds Behind S&P 500
Bloomberg – Hedge funds are paying a price for being too hesitant to buy stocks in the midst of a four-year bull market, according to Barry Ritholtz, FusionIQ’s chief executive officer. As the CHART OF THE DAY shows, Hedge Fund […]
Here is What Hedge Funds Think About The Hershey Company (HSY)
Insider Monkey – Is The Hershey Company (NYSE:HSY) the right pick for your portfolio? Hedge funds are taking a pessimistic view. The number of long hedge fund positions were trimmed by 2 in recent months. If you’d ask most stock […]
HSBC Asia Prime-Finance Team Seeks to Double Hedge-Fund Assets
HSBC Holdings Plc (HSBA), the largest European bank by assets, plans to double its Asia-Pacific prime finance team’s cut of hedge-fund assets in the coming year, said Melvyn Ford, regional head of the business. It is part of a target […]
Hedge funds losing love for Fifth Third stock
Biz Journals – Hedge funds might be falling out of love with Fifth Third Bancorp’s stock just as it’s hitting a peak. A report from Insider Monkey, an oddly named website that tracks trading by insiders and hedge funds in […]
Tourre Seeks to Keep SEC From Arguing CDO Added to Crisis
Bloomberg – Former Goldman Sachs Group Inc. (GS) executive Fabrice Tourre asked a judge to block the U.S. Securities and Exchange Commission from arguing at his fraud trial set for July that he contributed to the financial crisis. Tourre, who […]
High Court Refuses Appeal In Hedge Fund Price-Fixing Suit
Law360 – The U.S. Supreme Court refused Tuesday to review a ruling that found 21 hedge funds did not violate antitrust laws by allegedly conspiring to force credit provider Atlanticus Holdings Corp. to redeem its bonds ahead of schedule. The […]
Kier Group shares targeted by short selling hedge funds
Hedge funds have taken a substantial punt against the fortunes of FTSE 250 construction business Kier Group by betting the company’s shares will fall, a practice known as short selling. More than 12 per cent of Kier’s stock is currently […]
US Hedge Funds Target Value in TSR Special Situations & Spinoffs
Fort Mill Times – Major fund CIO’s are looking for a better set of playing cards. 2013’s developed markets have surged to all-time highs, e.g. the FTSE100, S&P500, etc.; as such, future benchmark outperforming growth opportunities in equities are undoubtedly […]
Takeover pressure mounts between hedge fund and Health Management
The pressure is mounting for Health Management Associates Inc., which has adopted a poison pill in order to fend off the prospect of a takeover by hedge-fund operator Glenview Capital Management. Shares of Health Management, an operator of acute-care facilities, […]