Category Archives: Syndicated
Herbalife Unleashes Volley at Fund
WSJ – Herbalife Ltd. trotted out slides, videos and a business-school professor Thursday as it sought to counter a hedge-fund manager’s assertion that the company is a pyramid scheme. Two hedge-fund rivals are squaring off over Herbalife, with one saying […]
TrimTabs and BarclayHedge Report Hedge Funds Take in $4.7 billion in November 2012
BarclayHedge and TrimTabs Investment Research reported that the hedge fund industry took in a net $4.7 billion (0.3% of assets) in November, reversing a $10.3 billion outflow in October. The results are based on data from 2,935 funds. The latest […]
Hedge Funds Finish the Year with Gains and Outperform the S&P 500 in Q4
The Hennessee Hedge Fund Index advanced +1.45% in December (+6.99% YTD), while the S&P 500 increased +0.71% (+13.40% YTD), the Dow Jones Industrial Average gained +0.60% (+7.26% YTD), and the NASDAQ Composite Index advanced +0.31% (+15.92% YTD). Bonds were down, […]
SAC Capital said to raise hedge fund bonuses amid insider probe
Stamford Advocate – SAC Capital Advisors is raising bonuses for its portfolio managers by 3 percentage points to help retain employees as the U.S. government’s insider-trading probe moves closer to Steven A. Cohen’s $14 billion hedge fund, according to a […]
Asian Hedge Funds Lag in Insurance Protection, Citigroup Says
Bloomberg – Asian hedge fund managers’ insurance protection against legal claims for professional wrongdoings lags peers in the U.S. and Europe, according to Citigroup Inc. (C) Sixty-four percent of 47 managers that run Asia-focused funds in Hong Kong, Shanghai,Singapore, Australia and the U.S. own policies including […]
Just Business: 2 Hedge Fund Rivals Clash Over Herbalife
NYT – They are two of the richest and most prominent hedge fund managers in Manhattan. About the same age and athletic build, they favor brash, headline-grabbing investments. They make the rounds in New York charity circles. They live blocks apart in […]
Hall Sets Up Commodities Hedge Fund Five Months After Duet
Bloomberg – Tony Hall has set up Hall Commodities LLP with former colleague Arno Pilz five months after the pair left hedge fund Duet Commodities Fund Ltd. Hall Commodities, based in London’s West End, the center of the capital’s hedge-fund industry, […]
Returns at Hedge Funds Run by Women Beat the Industry, Report Says
NYT – Last year was fairly dismal for the hedge fund industry, almost any way you slice it. But according to a new report, one sector did remarkably well: hedge funds managed by women. An index from the professional services firm Rothstein […]
US banks agree $18.5bn settlements in effort to clean up mortgage crisis
Guardian – Ten US banks announced two huge settlements worth a total of $18.5bn on Monday, in the latest moves to clear up claims relating to the mortgage crisis that foreshadowed the meltdown of the American economy. Bank of America […]
Hedge Funds Are Buying These 4 BRIC Stocks
Seeking Alpha – Interested in emerging markets? If so, here are some ideas to get you started. We ran a screen on US-traded stocks from the BRIC countries (Brazil, Russia, India and China) for those seeing the most significant net […]
Hedge Funds Squeezed With Shorts Beating S&P 500
Bloomberg – Speculators are abandoning money- losing bets that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market. The 20 stocks with […]
U.S. Hedge Fund Davidson Kempner Said to Build Up Stake in F&N
Bloomberg – Davidson Kempner Capital Management LLC, a $19 billion U.S. hedge fund manager, has been building up a stake in Fraser & Neave Ltd. (FNN), the Singapore property and soft drinks company at the center of rival takeover bids, said a person with […]