Category Archives: Syndicated

Hedge funds may be allowed direct access to China markets

Money Control – A proposed plan by China’s regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia’s biggest capital markets to the USD 2 trillion industry. China […]

Robin Hood Foundation Looks at Returning Veterans

eVestment – The usually reclusive Steven Cohen appeared at an event Monday that looked at the problems facing military veterans returning to civilian life. The head of hedge fund SAC Capital Advisors spoke at the Robin Hood Foundation’s Veterans Summit, […]

D.E. Shaw to Start Fund to Buy Europe Bank Loans, Mortgages

Bloomberg – D.E. Shaw & Co., the $26 billion New York-based hedge fund that uses computer models to pick trades, plans a fund whose investments will include European loans. The Alkali Fund, which will start in July, will invest in […]

Merger-Arbitrage Hedge Funds Declined In April Despite M&A

Dow Jones – April was the most active month for U.S. mergers and acquisitions since October, but hedge fund managers failed to take advantage of the increase in deal activity. Managers who trade on deal news, and other corporate developments […]

Billion-Dollar Traders Quit Wall Street for Hedge Fund Cash Pay

Bloomberg – In the five years that John Silvetz made about $700 million for Deutsche Bank AG by trading corporate bonds and credit derivatives, the amount of his annual bonus paid in cash dropped to 20 percent from almost 70 […]

Hedge funds called ‘guardian angels’ of distressed companies

Vancouver Sun – So-called vulture investors do more good than harm to financially distressed companies, new research from the University of British Columbia suggests. Sauder School of Business finance professor Kai Li determined that when a hedge fund invests in […]

Third Point Demands Yahoo Fire CEO Today

Reuters – Activist hedge fund investor Third Point demanded that internet company Yahoo Inc. fire its chief executive, Scott Thompson, by Monday [May 7] for padding his resume. The hedge fund’s CEO, Daniel Loeb, who has been waging a public battle to place […]

Institutions keen on activist hedges

IN – Activist hedge funds have pulled in at least $2 billion in new assets from institutional investors over the past two years, with a marked acceleration in pace in the second half of 2011 and so far in 2012. […]

François Hollande wins French election, Greeks vote no to austerity

Guardian – After Nicolas Sarkozy was voted out of power Sunday night, his opposition party is now looking to turn the page and win legislative elections on the very thing that may have toppled Mr. Sarkozy: the ongoing euro-zone debt […]

Greek market rocked by election

Guardian- The eurozone’s weakest link just got weaker. Although it should be no surprise that Greeks are spurning the Troika’s bitter medicine, the violence of the rejection is a shock. A Greek Eurozone exit is now firmly on the cards […]

Hedge Funds Bet Wrong Before Biggest Slump in 2012: Commodities

Bloomberg – Hedge funds raised bets on higher commodity prices for the first time in six weeks, just before the biggest three-day slump since October as U.S. jobs data fell short of expectations and European manufacturing contracted. Money managers increased […]

In Soros mold, ex-Enron gas trade whiz Arnold turns giver

Reuters – To the list of unexpected windfalls created by the boom in shale gas production, add one more: The full-time philanthropy of billionaire trader John Arnold. Tired of struggling to eke out gains in a natural gas market that […]