Category Archives: Syndicated
Hedge Funds Cut Bullish Gasoline Bets by Most Since 2006
Bloomberg – Hedge funds cut bullish bets on gasoline by the most in almost four years as petroleum stockpiles surpassed the highest level since 1990 and the U.S. vacation season drew to an end. Hedge funds and other large speculators […]
SEB’s fund of hedge funds arm to launch first Newcits offering
CityWire – London based fund of hedge funds firm Key Asset Management is launching its first Newcits fund in response to growing demand from its high net worth clients, according to HFMWeek. With a provisional October launch date, the fund, […]
Korea’s KNOC makes £1.87bn hostile bid for UK oil explorer Dana Petroleum
Telegraph – The Korea National Oil Corporation announced the £18-a-share cash offer on Friday, taking it straight to shareholders after Dana’s board rejected an approach at this level last week. KNOC said it had the support of investors which an […]
A hedge fund pioneer looks at 30
CNN Money – The most consistent hedge fund managers in this game are very matter of fact and common sense people. They have their own repeatable risk management process. They are as competitive as a professional athlete in executing it. […]
Emerging-Market Hedge Funds Saw $1.5B In 2Q Outflows
WSJ – Hedge funds that invest in emerging markets recorded net outflows of $1.5 billion during the second quarter of this year, marking the seventh quarter of net redemptions the group has seen in the last eight quarters, an industry […]
Hedge Funds Love GLD
Forbes – The demand for commodity ETFs continues to sizzle as the WSJ reported today that John Paulson and George Soros and a slew of other hedge fund giants are using GLD , or SPDR Gold Shares as its proxy […]
HSBC Should Reveal Reports on Madoff Risk, Judge Says
Bloomberg – HSBC Holdings Plc, Europe’s biggest bank, should turn over internal reviews of potential fraud and other operational risks at Bernard Madoff’s business from 2006 and 2008, a New York judge ruled. U.S. Bankruptcy Judge Burton Lifland agreed on […]
States Will Be Hedge-Fund Police
WSJ – Thousands of midsize and smaller hedge funds are about to fall under the sway of state overseers, and it isn’t clear the states are ready. The new Dodd-Frank financial law seeks to tighten the leash on hedge-fund advisers, […]
Madoff Feeder Fund Firm Faces Narrowed Lawsuit
ABC News – – A federal judge refused to dismiss an investor lawsuit against Fairfield Greenwich Group, a hedge fund firm accused of funneling money to the now-imprisoned Bernard Madoff for his massive Ponzi scheme. In a 201-page ruling, District […]
Consumer finance a tough buy for private funds
Reuters – Private equity firms and hedge funds are eyeing U.S. consumer finance assets, but despite a recent Fortress Investment Group LLC deal, they are likely to find it hard to do many more. Banks such as HSBC Holdings Plc […]
Two Retail Stocks Swarmed by Hedge Funds
The Street – Economic pessimism is hurting retail stocks as they head into the critical back-to-school shopping season. Most investors are wary of these stocks, but some money managers are scooping up shares. John Paulson of Paulson & Co. and […]
Brevan Howard Takes Top Spot as Hedge Funds Boost Holdings
WSJ – A return of investor enthusiasm has helped Europe’s largest hedge funds lift their assets by more than a fifth over the past year, according to Financial News’s annual review of the industry, but a preference for big firms […]