Category Archives: Syndicated
College Kid Who Wants To Start A Hedge Fund Before Graduation Says He Once Made $120K On A Trade
Business Insider – In a sign that hedge funds might be going pop culture now, a successful young college student wants to start a hedge fund before he graduates. This is worrisome. In an interview with a Singapore paper, TodayOnline, […]
F&C rejects ‘bully’ tag in hedge fund court case
Reuters – F&C Asset Management has rejected accusations of bullying made by a hedge fund manager on Monday in a high court battle over a hedge fund joint venture laid low during the credit crisis. F&C has gone to court […]
Goldman Sachs, Morgan Stanley Have $20 Billion in Fund Stakes
Bloomberg – Goldman Sachs Group Inc. and Morgan Stanley have invested almost $20 billion of their own money in private-equity, private-debt, real-estate and hedge funds, meaning they may each have to cut those stakes by more than 60 percent to […]
Italy Hedge Fund Stars, Chefs Lured by Malta Climate
Bloomberg – When money manager Simone Chelini left his Milan job last year to seek a hedge fund-friendly country, he rejected some obvious locations. “Luxembourg? Grey, flights are expensive. Ireland? Always rains.” Instead, Chelini and his colleague Pietropaolo Rinaldi followed […]
Next Frontier Of ETF Investing: Long/Short Trades
ETF DB – There is no denying that the ETF boom is in full swing, as billions of dollars continue to flow into the industry every month despite a difficult economic environment. As individual investors and advisors alike become more […]
Icahn Wagered $1 Billion on Energy Stocks During BP Oil Spill
Bloomberg – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]
Hedge-fund investors settle for smaller gains
The Province – Hedge-fund investors scarred by global credit-crisis losses are setting their expectations lower and beginning to content themselves with smaller gains that they would have balked at two years ago. Widespread expectations before the crisis, fostered by over-optimistic […]
Volcker impact sends shivers through banks
Reuters – Speculation continues to grow as to which Wall Street bank will be looking to get out of proprietary trading or the private equity business in order to comply with new financial regulatory reform legislation. But despite recent moves […]
Falcone Seeking Wireless Investors
New York Times – Philip A. Falcone has hired UBS to line up investors to finance building a high-speed wireless network, The New York Post reported Saturday. Mr. Falcone’s hedge fund, Harbinger Capital Partners, is pledging billions of dollars in […]
Icahn Wagered $1 Billion on Energy Stocks During BP Oil Spill
Bloomberg – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]
New York Hedge Fund Tax Proposal Dies In Albany
WSJ – A move to raise taxes on hedge fund managers who work in New York but live elsewhere has died after it raised the ire of top politicians in the state. The New York state Senate on Tuesday passed […]
Key Paulson funds gain but gold fund drops in July
Reuters – Investors in many of John Paulson’s hedge fund were treated to gains in July as markets recovered some ground, but his gold fund suffered big losses, people familiar with the numbers said on Thursday. The flagship Advantage fund […]