Category Archives: Syndicated
Hedge fund commods bets up in banner week for gas, gold
Reuters – The net long money held by hedge funds and other big speculators in U.S. commodity markets rose in the week to Tuesday after strong buying in gold and natural gas, trade data showed on Friday. The rise – […]
The hedge fund industry’s man in North Carolina
MarketWatch – Rep. Patrick McHenry (R-N.C.) is a vocal supporter of a proposal to sweep away restrictions on hedge-fund advertising No one might have expected it, but one of the most controversial proposals in the recent Jumpstart Our Business Startups […]
Hedge Funds Trail Stock Rally With 0.6% September Return
Reuters – Hedge funds rose 0.6 percent last month, trailing a global stock rally after the European Central Bank announced specifics of its bond-buying plan and the U.S. Federal Reserve said it would buy mortgage-backed securities. Multistrategy, global macro (BBHFMCRO) […]
Hedge funds climb in 3rd qtr but still lag stock market
Reuters – Hedge funds climbed 2.6 percent in the third quarter, buoyed by rallying global stock markets, and some of the industry’s most famous investors saw their portfolios leap into double-digit return territory. Hedge funds, on average, gained 0.8 percent […]
Paulson Funds Said to Further Cut 2012 Losses Last Month
Bloomberg – John Paulson, the billionaire hedge- fund manager coming off record losses in 2011, further pared declines in his Gold and Advantage funds last month, according to two people familiar with the matter. Paulson’s Gold Fund, which can buy […]
Sebi allows 2 Alternative Investment Funds to run in India
MoneyControl – Two more entities have received market regulator Sebi’s approval to set-up Alternative Investment Funds (AIFs), a newly created class of pooled-in investment vehicles for real estate, private equity and hedge funds. The approval has been given to two […]
Hedge-fund lenders eye Nine Entertainment bid
MarketWatch – U.S. hedge funds owning more than 1 billion Australian dollars (US$1.02 billion) worth of Nine Entertainment Co.’s senior debt are considering a lender bid for the company as it gears up for an auction, the Australian Financial Review […]
How to Run Your Hedge Fund From a Prison Cell
Bloomberg – As if America’s hedge-fund elite didn’t have enough crises to worry about — riots in Spain, the fiscal cliff, Lindsay Lohan’s hotel brawl — the parade of underlings copping pleas to insider-trading crimes just keeps growing. Every week […]
SEC ad rule would favor hedge funds over mutuals
MarketWatch – Imagine a law that required bicyclists to wear helmets but allowed motorcycle riders to zip around with the wind blowing in their hair. That could be the outcome of an effort to overturn long-standing rules banning hedge funds […]
Despite 12% Rally Hedge Funds Turn From Stocks
BusinessWeek – For the first time this year, hedge funds are turning away from a rally in the global stock market. The ratio of bullish to bearish bets among professional speculators fell last week and is below historical averages, according […]
Record $104 Million Reward Boosts Whistleblowing on U.S. Tax Cheats
Reuters – Whistleblower Bradley Birkenfeld, whose $104 million reward from the U.S. Internal Revenue Service set a record three weeks ago, has helped set off a rush of would-be imitators hoping to cash in on a government program to catch tax […]
Romney takes debate to Obama over economy, health care
CNN – A forceful Mitt Romney went toe-to-toe with President Barack Obama on the dominant issues for voters, challenging the Democrat’s policies on the economy, taxes and health care in the first of three debates ahead of the November election. […]