Category Archives: Syndicated

More Hedge Funds Getting Slammed By Silver’s Nosedive

Business Insider – Silver was above $50 just a couple of days ago. Not anymore. iShares Silver Trust (SLV) lost nearly $8 per share during the last couple of days. Business Insider listed Charles Davidson’s Wexford Capital as one of the […]

Rajaratnam absent from court as jurors deliberate

MSNBC – Hedge fund founder Raj Rajaratnam did not appear in court on Monday on the sixth day of jury deliberations in his insider trading trial after undergoing emergency foot surgery, his lawyer said. “Mr Rajaratnam had developed a bacterial […]

Greenlight Capital Q1 Letter

Guru Focus – Greenlight Capital, L.P., Greenlight Capital Qualified, L.P. and Greenlight Capital Offshore (collectively, the “Partnerships”) returned (2.5)%, (2.9)% and (3.2)%1 net of fees and expenses, respectively, in the first quarter of 2011. Much like Charlie Sheen, who seems […]

Proxy firms back Fisher against hedge fund’s challenge

The Seattle Times – After weeks of back-and-forth accusations between Fisher Communications and the hedge fund seeking to gain control of its board, two neutral observers have weighed in with verdicts favoring management. Proxy advisory firms ISS and Glass Lewis […]

‘Abu Dhabi, big hedge funds, banks to back Glencore IPO’

Gulf Times – An Abu Dhabi vehicle, big hedge fund managers and Swiss private banks are set to serve as “cornerstone” investors backing commodity trader Glencore’s $12bn flotation, a person familiar with the matter said. Qatar said in March it […]

Yahoo shares jump as hedge fund buys position

MarketWatch – In an investor letter, Greenlight, a hedge fund run by investor David Einhorn, said it “established a new position” in Yahoo YHOO +2.49% at a price of $16.93 a share. It highlighted Yahoo’s major stake in Alibaba Group, […]

Markets get boost from bin Laden death

AP – The death of al-Qaida leader Osama bin Laden has helped lift the mood in the markets all around the world Monday at the start of an extremely busy week of economic news. President Barack Obama’s announcement that the […]

Traders betting on Rajaratnam guilty verdict

Reuters – Traders are betting there is a 90 percent chance that hedge fund manager Raj Rajaratnam will be found guilty of insider trading when the jury returns its verdict in the high-profile Wall Street trial. Intrade, which allows traders […]

Hedge Fund Gas Bets Climb to Three-Month High in Futures: Energy Markets

Bloomberg – Hedge funds increased bullish bets on natural gas to the highest level in three months on smaller- than-expected stockpile gains and speculation that reduced nuclear output will spur demand for the power-plant fuel. The funds and other large […]

Hedge funds set to gain from new SA pension scheme laws

The East African – The hedge fund industry in South Africa is anticipating a boost in the near future following a revision of laws that has paved the way for allocation of a bigger proportion of the investment by investors. […]

The Warren Buffett-hedge fund bet tightens

CNN Money – We’re three years into Warren Buffett’s 10-year bet with the hedge fund community, and the race has narrowed. For the second year in a row, Buffett’s horse in the contest — an S&P 500 index fund — […]

Hedge funds increase bets dollar will decline

Telegraph – Hedge funds increased their bets against the dollar to a massive $28.6bn (£17.1bn) in advance of Ben Bernanke’s historic first press conference as chairman of the Federal Reserve last week. The sum held in short positions against the […]