Category Archives: Syndicated
Cablevision Says Tribune And Hedge Fund Owners Should Stop Anti-consumer Demands
RTTNews – Cablevision Systems Corp. issued a statement regarding the blackout of WPIX and other Tribune Company-owned stations on Cablevision. In the statement, Cablevision Systems said that Tribune and their hedge fund owners are demanding tens of millions in new fees […]
Hedge fund to move to Stamford, create more jobs
CBS – Connecticut will be giving up to $115 million in state aid to support a hedge fund’s plans to build a new corporate headquarters in Stamford and create up to 1,000 jobs within 10 years, Gov. Dannel P. Malloy […]
Hedge funds bet on Obamacare
CNN – Hedge fund manager Dan Loeb, once a supporter of President Obama, is now a critic. But he appears to think the president’s health care plan will be a boon for health insurers. And he’s not alone. Loeb and […]
Hedge fund titan goes big on Brazil ETF
Nasdaq – Prominent hedge fund manager Ray Dalio runs Bridgewater Associates, a $120 billion hedge fund. Close attention is paid to his buys and sells, and Dalio’s most recent SEC filing revealed an acute interest in the Brazil ETF. Dalio […]
Connecticut Aids Bridgewater Hedge Fund To Build New HQ
Bloomberg – Bridgewater Associates, the world’s biggest hedge fund, agreed to build a $750 million headquarters in Stamford, Connecticut, financed in part with tax breaks from the state. The company, founded by Raymond Dalio, operates out of five buildings in […]
US Treasury appoints two directors to Ally Financial board
Business Recorder – The US Treasury Department on Wednesday named two directors to the board of Ally Financial Inc, the auto lender which is still 74-percent owned by the US government after a series of bailouts during the financial crisis. […]
Brevan Howard Raising Money in U.S. for Currency Hedge Fund
Bloomberg – Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, is looking to the U.S. to raise money for a three-year-old investment pool focused on currencies. London-based Brevan Howard filed an Aug. 9 private- placement notice with the U.S. Securities and […]
Man overrides machine to tackle low bond yield risk
Reuters – Man is overriding machine in the computer hedge fund industry, with some managers no longer ready to accept “black box” trading strategies blindly as government bond yields in the likes of the United States and Germany hit ultra […]
Top hedge funds reduce exposure to big banks
FN – Some well-known money managers reported significantly reduced stakes in big banks, including JP Morgan Chase and Goldman Sachs as well as food companies such as Kraft Foods in the second quarter. Billionaire investor George Soros’s Soros Fund Management […]
Brevan Howard Looks To U.S. To Raise Money For Currency Fund
Bloomberg – Alan Howard’s Brevan Howard Asset Management LLP, Europe’s second-largest hedge fund, is looking to the U.S. to raise money for a three-year-old investment pool focused on currencies. London-based Brevan Howard filed an Aug. 9 private- placement notice with the U.S. Securities […]
U.S. hedge fund managers looked to banks in 2nd quarter
Reuters – The flavor of the second quarter for big U.S. money managers was banks, including Citigroup Inc and Genworth Financial Inc, and healthcare stocks such as Aetna Inc, Cigna Corp and HCA Holdings Inc. Hedge funds Eton Park Capital, Kynikos […]
George Soros, Coleman among hedge fund fans of Facebook
Economic Times – As dozens of top hedge funds disclosed their second-quarter stock holdings on Tuesday, few reported owning shares in slouching social network FacebookInc. George Soros, Steve Cohen’s SAC Capital Advisors and John Thaler’s JAT Capital Management were among the few that disclosed owning Facebook stakes […]