Category Archives: Syndicated
Einhorn’s Greenlight Shorts Daily Mail, FSA Filing Shows
Bloomberg – David Einhorn’s $7.7 billion hedge fund Greenlight Capital Inc. disclosed a short position of 4.4 percent in the shares of Daily Mail and General Trust Plc, which publishes the U.K.’s second-biggest selling daily newspaper. Greenlight’s bearish bet on […]
Permian Hedge Fund, ‘Linked’ To Warren Buffet, Returns 16.2%
ValueWalk – The principle mover of the last quarter’s economic environment was the monetary policy announced by the central banks of US and Europe. Both entities created a transient environment in which equities rallied and the stock market experienced a good turn, while currencies […]
Hedge fund legend Robertson seeds Tiger Pacific Capital
Reuters – Billionaire hedge fund manager Julian Robertson, who has trained and seeded some of the hedge fund industry’s biggest stars, is making an investment in Tiger Pacific Capital, a hedge fund focused on Asia. Tiger Capital was founded by […]
Hedge Funds Pump Millions Into Sandy Relief
TheStreet – As the temperature in the Northeast drops, hedge funds and private equity titans are dialing up on their efforts to provide relief to areas still reeling from the impact Hurricane Sandy nearly a week after the storm devastated […]
HSBC sets aside further £500m for US money laundering fines
Guardian – HSBC will set aside an extra £500m to cover fines for alleged money laundering by its US arm when the bank releases its third-quarter results on Monday. The provision is more than double the £445m allocated by the bank […]
Harbinger Group Said to Agree to Buy Exco Gas Stake
Bloomberg – Philip Falcone’s Harbinger Group (HRG) Inc. agreed to buy a stake in U.S. natural-gas fields from Exco Resources Inc. (XCO) for $373 million in a bet on a rebound for the fuel, said a person with knowledge of […]
Unauthorized Apple buy bites Wall Street firm
NYP – One overambitious Wall Street trader has put the future of his firm in peril after making an unauthorized purchase of Apple shares — just as they started a 17 percent decline, according to one report. Rochdale Securities, a […]
Hedge Funds Reduce Bullish Bets Most in Five Months: Commodities
BusinessWeek – Hedge funds cut bullish wagers on commodities by the most since June as prices retreated to a three-month low on mounting concern that Europe’s debt crisis will worsen and U.S. growth slow. Money managers reduced combined net-long positions […]
A hedge fund manager with the right friends
Decan Herald – Raj Rajaratnam, a billionaire investor, once ran the Galleon group, which became one of the world’s largest hedge funds. On May 11, 2011, he was found guilty of fraud and conspiracy, becoming the most prominent figure convicted […]
Top Dutch pension fund takes the shears to hedge funds
CityWire – The Dutch pension system has particularly stringent regulation when it comes to coverage ratios. Fall below the 105% mark and the resulting fallout means a pension fund must review its risk policy and find other ways to boost […]
End of the affair for hedge funds and oil? John Kemp
Reuters – Hedge funds’ enthusiasm for U.S. crude has cooled off, at least for now, as the relentless rise in domestic shale output and the prospect of extended refinery maintenance in the Midwest extinguishes any hope of a rebound in […]
Hedge fund Edoma Partners to shutter
Reuters – Pierre Henri-Flamand, a former head of proprietary trading at Goldman Sachs, is to shut his hedge fund Edoma Partners just two years after its vaunted launch. Flamand cited “unprecedented market conditions” for the closure of his London-based fund, […]