Category Archives: Syndicated
Actively Managed Funds Have Time on Their Side: Lubos Pastor
Bloomberg – In 2011, about 79 percent of large-cap mutual fund managers trailed the Standard & Poor’s 500 Index (SPX), according to Morningstar Inc. The average equity mutual fund lost almost 3 percent last year, compared with a 2 percent gain […]
European distressed hedge funds thwarted by LTRO
Reuters – Hedge funds stalking distressed assets in Europe may be left with slim pickings after a trillion-euro cash injection from the European Central Bank (ECB) eased the pressure on banks to dump some of their weaker holdings. Many fund […]
Hedge-fund favorites
Seattle Times – The smart money loves Apple. As consumers covet the latest iPad model, hedge funds are holding on tight to their Apple stock. Hedge-fund managers count the wealthiest and most sophisticated investors, including pension funds and endowments, among […]
Hedge fund performance beats expectations with impressive start to 2012
Hedge Fund Review Magazine – All strategies bar short bias have begun 2012 with impressive positive returns, according to data from Hedge Fund Research. Regionally, Russia and Eastern Europe is the highest performer, up 12.67%. Hedge funds have started 2012 […]
Hedge Funds See Tax Break in Republican Bill
Bloomberg – A Republican proposal to give small businesses an extra 20 percent tax deduction may yield cuts for some multibillion-dollar hedge funds, law firms and other enterprises that create significant profits with few employees. Republicans hope to release details of […]
Hedge funds mull risky debt battle
Sydney Morning Herald – Some hedge funds are refusing to join Greece’s bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country’s debt. Greece’s private creditors have […]
Stanford Found Guilty Of $7B Ponzi Scheme
Texas financier R. Allen Stanford was convicted on Tuesday on 13 of 14 counts of fraud in connection with a $7 billion Ponzi scheme. Three years had elapsed between Stanford’s being accused of the hedge fund fraud—which involved 30,000 investors […]
Hedge funds mum about ETF use
Hedge fund managers are the third-biggest institutional users of exchange-traded funds and exchange-traded products, but they’re reluctant to talk about it. That’s because pension fund, endowment and foundation clients won’t be happy if the hedge fund managers they are hiring […]
Transfers at Clear Channel in Dispute
(Wall Street Journal) A hedge fund is accusing a subsidiary of Clear Channel Communications Inc. of improperly moving $656 million to its debt-laden parent, which is owned by private-equity giants Bain Capital Partners and Thomas H. Lee Capital Partners. The […]
Bold hedge funds mull risky Greek debt battle
(Reuters) – Some hedge funds are refusing to join Greece’s bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country’s debt. Greece’s private creditors have until Thursday […]
Stewart Said to Leave JPMorgan to Start Hedge Fund in London
Bloomberg – Mike Stewart, who JPMorgan (JPM) Chase & Co. picked last year to oversee a unit of traders being moved out of its investment bank, has left to start a hedge fund, according to two people with knowledge of the matter. […]