Category Archives: Syndicated
Asking Hedge Funds to Turn Themselves In
Dealbook – Hedge funds had long operated under the regulatory radar, with few reporting obligations and a well-deserved reputation for secrecy. Now, the government is weighing whether to require them to report any suspicious transactions, like insider information or manipulation […]
Hedge Funds Are Buying Arena Pharmaceuticals, Should You?
(Seeking Alpha) The biotechnology industry can be a difficult space to consistently pick winners. With so many companies claiming to have found the next best medical treatment, investors must look closely at the science and the underlying fundamentals of the […]
Hedge funds to see brighter opportunities in 2013
(Pension and Investments) The new year is expected to be one of changes that will provide hedge fund managers with opportunity for better performance and new inflows from fresh sources. But lower revenues might result as institutional investors successfully push […]
Crispin Odey Bets on Banks as Hedge Fund Yields 24%
(Bloomberg) Crispin Odey is fumbling around a storage room in a Georgian town house in London’s Mayfair district, home to Odey Asset Management LLP, his $7 billion hedge-fund firm. Clattering through old computers, boxes of books and forgotten oil paintings […]
Weavering Founder Appears in Court Over Hedge Funds Collapse
(Bloomberg) Weavering Capital (UK) Ltd. founding director Magnus Peterson appeared in a London court today facing six charges of fraud, forgery, fraudulent trading and false accounting over the collapse of the hedge fund in 2009. Judge Michael Snow ordered Peterson, […]
Hedge Funds Feel the Squeeze as Shorts Beat S&P 500
(Business Week) 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 […]
Ex-Citigroup Prop Trader Joel Salomon to Start Hedge Fund
Bloomberg – Joel Salomon, a former director at Citigroup Inc. (C), plans to start long-short equity hedge fund SaLaurMor Capital LP this month. Salomon, 48, left Citigroup in January 2012, where he ran a financial-stock portfolio valued at $700 million […]
The latest appointments within hedge funds and funds of hedge funds as well as related service industries.
Hedge Funds Review – Crispin Henderson is to become vice-chairman of global asset management for Ameriprise Financial, the parent company of Threadneedle Investments. Campbell Fleming will take over Henderson’s existing role as CEO of Threadneedle. Both Henderson and Fleming will report to Ted Truscott, CEO of […]
Hedge fund manager Cooperman optimistic toward stocks – CNBC
Reuters – Leon Cooperman, the chief executive officer of hedge fund Omega Advisors, said on Wednesday he is optimistic toward stock markets this year, while bonds are poised for a sell-off. Cooperman, whose hedge fund had $7 billion in assets […]
The Big Fiscal Cliff Deal Winners: Hedge Fund And Private Equity Moguls
Forbes – In 2010 Steve Schwarzman, who runs the private equity and hedge fund behemoth the Blackstone Group, compared efforts to raise taxes on private equity and hedge fund managers with Hitler’s invasion of Poland. Schwarzman ended up apologizing for […]
Titan Advisors Withdraws Funds From SAC Capital
Reuters – Titan Advisors LLC has decided to withdraw all of its money from the hedge fund firm SAC Capital Advisors LP, the Wall Street Journal reported on Friday [Dec. 21], as SAC faces scrutiny because of several employees linked […]
Australian Litigation Funder Launches CDO Suit Against ABN, S&P in Europe
Hedge World – Litigation funder IMF Australia said it will back lawsuits in Europe related to billions of dollars worth of toxic derivatives created by ABN AMRO Bank N.V. and rated Triple-A by Standard & Poor’s after winning a similar case […]