Category Archives: Syndicated
Hedge Funders Say It’s ‘A Badge Of Honor’ To Be Targeted By ‘Thuggish’ Teachers Unions
Business Insider – The American Federation of Teachers, a labor union that represents teachers, is going after a bunch of hedge funders who support education reform. Last week, the AFT released a “watch list” of hedge funds they think are […]
Hedge fund billionaire pledges $4 million for Colorado highway
Denver Post – A project to expand State Highway 9, which runs north through Grand and Summit counties, received a $4 million matching grant from the owner of Blue Valley Ranch. The announcement came during Tuesday’s meeting of the Grand […]
Hedge fund’s pursuit of Drydocks offers test case for Dubai
TheNational – Decree 57 was a piece of Dubai legislation that was never really intended to be used. When the decree was issued in 2010 as part of the process of restructuring the US$25 billion debts of Dubai World, it […]
Hedge Funds Heavy Hitters Pitch at Yankee Stadium
Some of the hedge fund industry’s biggest names made their sale pitch to prospective clients at Yankee Stadium on Tuesday. The 54 hedge funds presenting are all clients of Goldman Sachs’s prime brokerage business, which services the $2.2 trillion hedge […]
Paamco Seeks Asian Institutional Money for Hedge-Fund Strategies
Bloomberg – Pacific Alternative Asset Management Co., an $8.6 billion U.S. fund-of-hedge-funds, is seeking to raise money from pensions and sovereign wealth funds in Asia to diversify its investor base. U.S. investors account for 85 percent of its clients, mostly […]
Physicist hedge fund guru posts lukewarm returns
(MoneyWatch) Having recently read James Weatherall’s book “The Physics of Wall Street” I was interested in the article “Against the Current,” about Andrew Tsai, a physicist turned hedge fund manager which appears in the April 2013 issue of Institutional Investor. […]
UBP picks Guggenheim Fund Solutions to power hedge fund platform
Swiss bank UBP (Union Bancaire Privée) has picked Guggenheim Fund Solutions (GFS) as a partner in a new hedge fund platform which aims to meet investors’ increasingly stringent demands regarding transparency, liquidity, risk management and governance. Following its acquisition and […]
Heavy hitters swing for the ‘hedges’
NYP – Hedge-fund mogul Stevie Cohen will be pitching at Yankee Stadium tomorrow. No, the 56-year-old billionaire is not suiting up for the Bronx Bombers — but he will be hoping the magic of the House that Ruth Built will […]
Hedge Fund Gold Wagers Defy Worst Slump in 33 Years: Commodities
BusinessWeek – Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound. Fund managers and other speculators increased net-long positions in gold by 9.8 percent to […]
Hedge-Fund Billionaire Leads Donors in Pushing Obama on Keystone
Bloomberg – President Barack Obama faces growing pressure from Democratic donors to reject the Keystone XL pipeline amid signs that the project is headed for approval. Donors and party activists are seeking to influence Obama through personal pleas and by pumping money […]
Former Israeli Intelligence Operatives Now Working For Hedge Funds
Forbes – A company staffed with former operatives of Israel’s top intelligence agencies and founded with the help of the former head of the Mossad is being used by hedge funds looking for an edge in the financial markets. Kela Israeli […]
Hedge funds find new Swiss rules good for business
Reuters – At least ten new hedge funds are set to launch in Switzerland this year, after none in 2012, in a boost to the country’s $24 billion industry, sources familiar with the plans said. Fund managers had feared tighter […]