NY Mag – Imagine: You’re a baseball player. You have the highest salary on your team, but your batting average is below .200, and you’ve struck out swinging in 90 of your last 100 at-bats. And yet, day in and […]

Reuters – Hedge funds have found success in the last two decades in corporate bankruptcies, but now they have set their sights on struggling municipalities, “and no place beckons like Detroit,” according to a report in Reuters called “Analysis: Hedge […]

CNN – In less than five years, mortgages have gone from toxic to tonic. It’s the same life span as the annual hedge fund conference SALT, where many of the top professional managers met last week to talk investments, hear […]

Crain’s – Peak6 Investments LP’s asset management unit has raised $1 billion for a new hedge fund, one of only two managed by the Chicago firm. It’s also the first hedge fund created at Peak6 under former O’Connor & Associates […]

DealBook – The SALT hedge fund conference, held over four days at the Bellagio resort, is a lot of things – it’s an ideas conference, a Wall Street bacchanal, a power-networking event. It is also, with its vaunted lineup of […]

Risk.net – Top hedge fund managers at the Salt conference in Las Vegas are brimming with enthusiasm for Japanese equities as Abeconomics helps weaken the yen and boost economic growth. For macro-oriented investors, the trade du jour is undoubtedly Japan […]

Pensions & Investments – The sensitivity of mortgage and other credit investments to an anticipated rise in interest rates can be mitigated, a credit hedge fund manager told attendees at the SkyBridge Alternatives Conference in Las Vegas Wednesday. Clayton DeGiacinto, […]

Reuters – Britain’s top fraud prosecutor is likely to face serious criticism over its handling of an investigation into the $600 million collapse of one of London’s oldest hedge funds, a judge said on Tuesday. Already smarting from a 300 […]

CNN – Hedge fund managers might like Chipotle’s burritos, but some are betting against the company’s stock. Last October, Greenlight Capital’s David Einhorn revealed a bet against Chipotle Mexican Grill  (CMG). On Wednesday, bond fund manager Jeffrey Gundlach joined him in […]

CNBC – Days after reporting some of the industry’s deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference audience that he had made billions in the past. People […]

As Bill Ackman took the stage on Wednesday at the Ira Sohn Conference in New York, the audience erupted in applause expecting to hear one of the day’s best ideas.  Instead, they spent their time checking emails as the chief […]