Category Archives: Syndicated
Thin hedge-fund bonuses expected in wake of weak returns
NY Post – Warning to all Mercedes dealers: hedge fund bonuses could be tight this year. Many money managers are looking at lower pay — in the form of performance fees — as tepid returns for 2012 fail to make up […]
Focus on industry M&A: fund of hedge funds under pressure to merge
Investment Europe – Pressure for consolidation in the $600bn fund of hedge funds industry is mounting, leaving managers who run less than about $3bn to face a struggle for survival amid shrinking assets and rising costs. At a time when […]
Hedge Fund Pivot Joins BTG to Defy Bacon’s Investment Desert
Bloomberg – Carl George’s $1.7 billion hedge fund at Pivot Capital Management Ltd. rose 17 percent in 2011 after he predicted a surprise interest rate cut in Brazil. He gained another 6 percent in the first eight months of this year […]
Hedge fund Mason Capital says Telus voting shareholders need compensation
Canadian Business – A U.S. hedge fund called Telus’s plan for a single class of common shares one of Canada’s “worst” share collapse deals in years, saying there must be compensation for voting shareholders. Mason Capital Management and Telus are […]
Hedge Funds Bullish on Silver as Hoard Nears Record
BusinessWeek – Hedge funds are the most bullish on silver in seven months and investors’ holdings are expanding toward a record on speculation the metal will outperform gold as central banks seek to boost growth. Wagers on rising prices jumped […]
Deutsche Bank’s Lehr Quits for Hedge Fund With Associates
Bloomberg – Hal Lehr, a managing director and global head for cross-commodity trading at Deutsche Bank (DBK) AG, resigned to form a hedge fund in New York with three of his former associates. Lehr, who previously worked at Soros Fund […]
A Hedge Fund Manager Is Building An Ultra-Lavish Mansion For His Chickens
Business Insider – London-based hedge fund manger Crispin Odey, the founder of Odey Asset Management, is planning to build a 775 square-foot Palladian-style chicken coop, the Telegraph’s Harriet Dennys reports. Here’s how the Telegraph describes it… The temple’s roof – adorned with an Anthemia statuette […]
Hedge Funds Bullish on Silver as Hoard Nears Record: Commodities
Bloomberg – Hedge funds are the most bullish on silver in seven months and investors’ holdings are expanding toward a record on speculation the metal will outperform gold as central banks seek to boost growth. Wagers on rising prices jumped […]
Hedge Fund Pivot Joins BTG to Defy Bacon’s Investment Desert
Bloomberg – Carl George’s $1.7 billion hedge fund at Pivot Capital Management Ltd. rose 17 percent in 2011 after he predicted a surprise interest rate cut in Brazil. He gained another 6 percent in the first eight months of this […]
Lehman to Pay Creditors Another $10.5 Billion
Reuters – Lehman Brothers Holdings Inc. on Tuesday [Sept. 25] said it will pay about $10.5 billion to creditors starting early next month, the second leg of a plan to eventually pay out more than $65 billion. Lehman will distribute […]
Goldman Sachs sets up hedge fund platform
FierceFinance – Funds of hedge funds have disappointed plenty of limited partners as of late. In some ways, this segment of the industry has performed the worst since the financial crisis in terms of inflows. Criticism has been rampant, which has […]
A Hedge Fund’s Complex Scheme May Cost It Millions
DealBook – Hedge funds are supposed to be the smart money, but sometimes even they can be outsmarted. Take the case of Mason Capital Management and the Telus Corporation, a large Canadian telecommunications company. Mason Capital, a New York and London […]