Category Archives: Syndicated
Third Point Starting Greek-Focused Hedge Fund on Recovery Bet
Bloomberg – Daniel Loeb’s Third Point LLC is starting a hedge fund focused on buying Greek assets after a wager that European officials would rescue the indebted nation from financial collapse helped drive gains last year for his $10.1 billion investment firm. […]
Risk management central to hedge fund capital raising, says survey
Risk – As more institutional investors opt for hedge funds, robust risk management is being seen as a central function needed in order to raise capital, according to a survey by Prmia and SunGard APT Over 80% of hedge funds […]
Third Point Plans Greek-Focused Hedge Fund on Recovery Bet
Bloomberg – Daniel Loeb’s Third Point LLC is starting a hedge fund focused on buying Greek assets after a wager that European officials would rescue the indebted nation from financial collapse helped drive gains last year for his $11.7 billion investment firm. […]
Hedge Funds Drop Campaign Against T-Mobile’s Bid for MetroPCS
NYT – The most outspoken opponents of T-Mobile USA’s bid for MetroPCS are backing off following an improvement in the takeover offer’s terms. Both Paulson & Company and P. Schoenfeld Asset Management indicated on Thursday that they would support the revised proposal by […]
Herbalife trading halted after auditor KPMG reveals alleged insider trading
Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday. Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company disclosed […]
Letter to Shareholders in Altin AG and Interested Parties from Metage Capital Limited
PRNewswire – Re: Proposal for Election of Directors at the AGM of Altin AG on 22 nd April, 2013. We would like to introduce Metage Capital Limited as an investment manager managing various client funds which are shareholders in Altin (the “Company”). As […]
MIK Fund Solutions & PortfolioScience Collaborate: High-Performance Risk Analysis via MIK
MIK Fund solutions, a leading provider of data aggregation and reporting software for asset managers and PortfolioScience, a provider of on-demand risk management systems for hedge funds and hedge fund service providers, today announced the integration of PortfolioScience’s RiskAPI platform […]
William Lyon Homes Files Plans for $200 Million IPO
Dow Jones – A group of noteholders, including affiliates of New York hedge fund Luxor Capital Group, agreed to buy any shares that go unsold in the offering. William Lyon s Homes’ senior secured lenders, led by an affiliate of real-estate finance […]
Commentary: Hedge funds are often overhyped and underperforming
MarketWatch – If you’re the sort of investor who chases hedge funds, marking your calendar for the next disclosure of holdings from David Einhorn or John Paulson, you can quit reading. Almost nothing that follows is going to get through […]
Hedge Fund Redemptions Rise on Cyprus Crisis
CNBC – Investors took more cash out of hedge funds than they put in over the past month, when a banking crisis in Cyprus caused wobbles in financial markets. Hedge fund administrator SS&C GlobeOp’s Capital Movement Index, which tracks monthly […]
Herbalife trading halted after auditor KPMG reveals alleged insider trading
Guardian – A partner at top accountancy firm KPMG has been sacked after giving insider tips to an undisclosed investor, it emerged Tuesday. Shares in Herbalife, the controversial nutrition company, were halted minutes after US stock markets opened Tuesday as the company […]
California bill: No tax breaks if your group is against gay, transgender or atheist members
AP – California lawmakers are considering taking some tax exemptions away from youth groups that do not accept gay, transgender or atheist members — a move intended to pressure the Boy Scouts of America to lift its ban on gay […]