Category Archives: Syndicated

How Have The Hedge Fund ETFs Held Up In The Crisis?

ETF Database – Over the past several weeks, markets have become increasingly choppy as a number of issues are plaguing the global economy. America teeters on the brink of a recession while debt downgrades and slumping investor confidence have rattled […]

Warren Buffett says he made $62.8m last year

Guardian – Warren Buffett has called himself mega-rich, but now he’s revealing how much money he made last year: $62,855,038. The billionaire investor disclosed the figure in a letter he wrote this week to Republican Tim Huelskamp that was obtained […]

Hedge fund exits rose in stormy September

Reuters – Investors pulled out around five times more cash from hedge funds in the month to October 1 than in the prior period, during one of the most turbulent few weeks for stock and bond prices since the 2008 […]

Hedge fund couple split businesses after separation

Reuters – David Murrin and Susan Payne, the UK-based husband and wife hedge fund team accused by one U.S. thinktank of fuelling and exploiting a global commodity crisis, are to split the two businesses they founded together after agreeing to […]

Ex-Goldman Traders’ Hedge Fund Shuts as Macro Strategy Slips

Bloomberg – Global Trading Strategies, a Sydney- based hedge fund founded by three former Goldman Sachs JBWere Pty. traders, has returned investors their money after its strategy of betting on global economic trends faltered. The fund, which peaked at $1.2 […]

JAT Capital Said to Jump 31% This Year on Market-Neutral Bets

Bloomberg – John A. Thaler’s $3 billion global long-short hedge fund, JAT Capital Management LP, jumped 31 percent this year through September as the manager’s market- neutral stance and short positions drove returns, according to four people familiar with the […]

Galleon Sentencing Scorecard: Average Prison Term Almost 3 Years

Bloomberg –  Galleon Group LLC co-founder Raj Rajaratnam is set to be sentenced today for insider trading after being convicted by a jury in Manhattan federal court for directing the biggest insider-trading scheme in a generation. Prosecutors say Rajaratnam, who […]

Fed Says Dealer Easing of Hedge Fund Lending Terms Slows

Bloomberg – The number of Wall Street dealers tightening financing rates offered to hedge funds outnumbered those easing as Europe’s debt crisis escalated, a Federal Reserve survey shows. Almost 10 percent of dealers said they somewhat tightened financing rates and […]

Hedge fund exits rose in stormy September

Reuters – Investors pulled out around five times more cash from hedge funds in the month to October 1 than in the prior period, during one of the most turbulent few weeks for stock and bond prices since the 2008 […]

Paulson braces investors for the worst

Reuters – John Paulson could face a two-pronged problem in the coming weeks as outside investors and possibly even some of his own employees walk in the wake of the hedge fund firm’s worst-ever returns. The firm told investors on […]

Massachusetts goes it alone on hedge funds

Reuters  – Massachusetts, which has long bet big on hedge funds, hired 11 managers on Tuesday as part of the state’s push into direct investments with these types of portfolios. Trustees for the roughly $46 billion state pension fund voted […]

Campaign grows to oust Murdoch

Guardian – The shareholder-led campaign for an overhaul of Rupert Murdoch’s News Corporation is gathering momentum, with a call from the advisers Institutional Shareholder Services for 13 of the company’s 15 directors to be voted off the board. ISS, whose 1,700 clients […]