Category Archives: Syndicated

Hedge funds toast a year of solid returns

Sydney Morning Herald – After two years of client withdrawals and pressure from regulators, hedge funds performed strongly this year, fuelled by successful bets on metals and emerging markets. The hedge fund industry, heavily criticised for gambling on the collapse […]

Sussman top donor in Maine politics

Portland Press – S. Donald Sussman, the billionaire hedge fund manager engaged to Democratic U.S. Rep. Chellie Pingree of Maine, was the top individual donor to Maine political causes in 2010, according to state campaign finance reports. Sussman contributed about […]

Wall Street Warms to China Story

WSJ – China has been important to global economic growth for years, of course. The country likely emerged as the world’s second-largest economy in 2010. It is expected to show close to 10% growth in both 2010 and 2011. Until […]

John Paulson stages a dramatic last-minute rally

FierceFinance – Earlier this year, there was plenty of reason to think hedge fund honcho John Paulson’s funds would take a beating for all of 2010. Most of his funds were lagging, with the exception of his gold fund. But now […]

Hedge fund manager gives up rat race to follow vineyard dream

Telegraph – “I know it will be a lot of hard work,” he said. “It’s a total life change. I know nothing about wine. I’ve just drunk a lot of it. But I have an opportunity to do something totally […]

Hedge fund boss John Paulson to collect £800million

The Daily Mail – Multi-billionaire US hedge fund manager John Paulson, who pulled off one of the biggest coups in Wall Street history when he made £2.3bn by betting against the sub-prime housing market, is showing the Midas touch again […]

Hedge Funds Extend Gains, but Insider Probe Swirls

WSJ – Hedge funds notched another run of gains in 2010. But as the year closed, a wide-ranging insider-trading investigation spooked the industry and cast a cloud that will loom in the months ahead. In 2010, hedge funds on average […]

BNP Paribas Says Two Funds Were Frozen for Technical Reasons

Bloomberg – BNP Paribas SA, the world’s biggest bank by assets, said two funds with a value of 236 million euros ($312 million) were frozen for technical reasons as part of their transfer to a new manager. The vehicles, which […]

Porsche wins $2 billion U.S. hedge fund suit’s dismissal

Reuters – A U.S. federal judge dismissed a lawsuit by 10 hedge fund groups accusing German automaker Porsche SE of cornering the market in shares of Volkswagen AG, resulting in more than $2 billion of damages. U.S. District Judge Harold […]

Taking The “Fun” Out Of Hedge Funds

Benzinga – On the precipice of another new year, the hedge fund industry is fighting to overcome its troubles of the last 12 months. The New York Post reports that in 2010, the average hedge fund closed up a mere […]

More companies meeting with hedge funds and sovereign wealth funds

CPI Financial – 93 per cent of surveyed firms meet with hedge funds, 47 per cent meet with SWFs. Nearly a quarter considering secondary stock listing in emerging markets, according to BNY Mellon Investor Relations Survey. Nearly a quarter (22 […]

Defendant in ‘Expert Network’ Insider Case Jailed After Failing to Post Bail

WSJ – A California woman, accused of providing inside information on publicly traded companies to hedge funds, was ordered jailed until Monday after failing to meeting conditions for bail. Winifred Jiau, 43, was required by a federal judge in San […]