Category Archives: Syndicated
Hedge Fund Leaders To Speak At Annual Bloomberg Summit
Bloomberg – As hedge fund managers look back on a year filled with black swan events and face uncertainty heading into 2012, Bloomberg LINK will convene the brightest minds in finance to share their perspectives on the year ahead at […]
Big funds bought News Corp as scandal rumbled
Financial Post – Several major hedge funds and institutional investors piled in on stock of News Corp even as the company was reeling from a phone hacking scandal which hurt the stock in the third quarter. UK fund Children’s Investment […]
Paulson Said to Cut Risk in Main Funds Amid Europe Crisis
Bloomberg – John Paulson, the billionaire hedge- fund manager having his worst year, is cutting risk in his hedge funds further as the European sovereign-debt crisis roils markets, according to two people briefed on the matter. Paulson & Co., which […]
Hedge Funds Sold Citigroup as Shares Fell in Third Quarter
Bloomberg – Paulson & Co., Lansdowne Partners LP and Lone Pine Capital LLC were among investment firms that cut stakes in Citigroup Inc. (C) as shares of the bank slid 38 percent in the third quarter. Paulson & Co., founded by billionaire John […]
Italian police raid ex-hedge fund manager Micalizzi
Reuters – Italian police have raided two properties and launched a fraud investigation into ex-fund manager Alberto Micalizzi, whose hedge fund collapsed during the credit crisis losing investors hundreds of millions of dollars. Milan public prosecutor Alfredo Robledo told Reuters […]
Investor Demand for Hedge Funds Rebounds Following Terrible Third Quarter
Advanced Trading – Although the near-term outlook for the hedge fund industry remains murky in light of the European debt crisis and ongoing weak U.S. economic growth, the picture is brighter for the sector over the long haul. Even as […]
Hedge Funds Raise Oil Bets to Highest Since May
Bloomberg – Hedge funds raised bullish bets on oil to the most since May as speculation that Europe’s leaders will resolve the sovereign debt crisis helped drive crude to a three-month high. The funds and other large speculators increased wagers […]
Dymon Hires Ex-Brevan Howard’s Raman as Fund Hits $1.9 Billion
San Francisco Chronicle – Dymon Asia Capital, the fastest- growing hedge fund in Singapore, hired a former Brevan Howard Asset Management LLP portfolio manager as assets rose to about $1.9 billion last month. Rajesh Raman, who previously managed an Asian […]
Hedge funds outperform equities
Business Report – The Blue Ink Composite (BIC), which tracks the performance of around 100 Hedge Funds in South Africa, reported a steady increase of 0.9% for the third quarter of 2011. The BIC outperformed the JSE All Share Total […]
SEC charges San Diego-based investment adviser and president with fraud
Hedge Week: The Securities and Exchange Commission has charged a San Diego-based investment advisory firm and its president with fraud for failing to disclose a conflict of interest to clients and materially misrepresenting the liquidity of a hedge fund they […]
Hedge Fund Linked To Olympus Accounting Scandal
Finalternatives – Japanese camera maker Olympus Corp. may have used investments with a well-known Bermuda hedge fund to hide more than US$1 billion in investment losses. A former Paine Webber banker told Reuters that his former firm helped craft so-called […]
Hedge Funds Ejected Citigroup as Shares Slid in Third Quarter
(Bloomberg) – Paulson & Co., Lansdowne Partners LP, and Lone Pine Capital LLC were among investment firms that cut stakes in Citigroup Inc. as shares of the bank slid 38 percent in the third quarter. Paulson & Co., founded by […]