Category Archives: Syndicated
Offshore secrets revealed: the shadowy side of a booming industry
Guardian – The existence of an extraordinary global network of sham company directors, most of them British, can be revealed. The UK government claims such abuses were stamped out long ago, but a worldwide joint investigation by the Guardian, the BBC’s […]
Central Banks & Hedge Funds – Gold’s Best Friends?
Resource Investor – After falling 0.94% last week, Comex gold futures rebounded 0.52% this week and ended at $1,723.60 on Tuesday. The S&P 500 index and the Euro Stoxx 50 index surged 2.05% and 3.39% this week. Crude oil futures […]
Brevan Howard on Hiring Spree as Hedge Fund Rebuilds in New York
Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-biggest hedge fund, is rebuilding in the U.S. after largely pulling out during the 2008 financial crisis. The $39 billion firm, run by billionaire Alan Howard, is seeking traders for its New York office after […]
Worries on U.S. taxes drive hedge fund exits to near three-year high
Reuters – The demand from investors to pull money out of hedge funds neared a three-year high this month, industry data showed, amid concerns over U.S. taxation of wealthy individuals under President Barack Obama and lackluster hedge fund performance. Hedge […]
Fiat and Petrobras among hedge funds’ top short picks
Reuters – Singapore commodities trader Olam is not the only stock on shortsellers’ radar – higher-profile names such as Italian carmaker Fiat and Brazilian oil group Petrobras are also being targeted. Speaking at a conference, hedge fund managers including Chris […]
News Corp, Porsche among top picks at hedge fund event
Reuters – Top hedge fund managers picked stocks as diverse as News Corp, holding company Porsche, and cosmetics maker L’Oreal on Monday at a hedge fund event seen by investors as revealing the industry’s top stock picks. The Ira Sohn […]
Apple: Still A Hedge Fund Haven, But Top Managers Pared Bets In Q3
Forbes – A number of top hedge fund managers dialed back their Apple holdings in Q3, just in time to avoid a slide that sent the stock tumbling from its all-time high. Looking at recently filed 13-F SEC filings, a new report […]
Hedge fund buys 9.9% stake in Groupon
Chicago Tribune – Shares of Groupon are up in premarket trading after a hedge fund disclosed it bought a 9.9 stake in the online deals company. Tiger Global said in a regulatory filing that it owns 65 million shares of […]
Insider trading trial offers glimpse hedge fund trenches
Fierce Finance – The hedge fund trenches are not a pleasant place to be. That would appear to be the message so far in the trial of Todd Newman, formerly of Diamondback, and Anthony Chiasson, the co-founder of the hedge […]
Hedge Funds Led by Paulson Bet on Nexen Offer: Corporate Canada
Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, and mutual fund firm Franklin Resources Inc. are among foreign investors betting Canada will approve Cnooc Ltd. (883)’s $15.1 billion acquisition of Nexen Inc. (NXY) Paulson & […]
This $14 Billion Hedge Fund Indicator is Flashing ‘Sell’
The DeMark Sequential is a popular indicator amongmarket professionals. It is designed to pinpoint potential tops and bottoms in any market. It is available by subscription to large investors using expensive Bloomberg terminals and other professional trading tools. According to […]
Hedge Funds Cut Bets in Longest Retreat Since 2008: Commodities
Bloomberg – Hedge funds cut bullish commodity bets for a sixth straight week, the longest slump since the depths of the global recession four years ago, on mounting concern that economies are slowing. Money managers lowered combined net-long positions across 18 U.S. futures […]