Category Archives: Syndicated
Paulson’s Hedge Fund Now Holds 15.5% Stake in American Capital
Seeking Alpha – Due to activity on April 19th, 2010, John Paulson’s hedge fund firm Paulson & Co has filed a 13G with the SEC regarding shares of American Capital (ACAS). John Paulson’s fund has disclosed a 15.5% ownership stake […]
New funds seek to ease investors’ fears on inflation, crash
AP – Stocks are up sharply, yet the mutual fund industry is still bracing for a worst-case scenario. A driving force behind many of this year’s fund launches is fear — and how investors can face up to it. More […]
Northwest Doubles Assets Since Gaining Independence From RAB
Bloomberg – Northwest Investment Management Ltd. has doubled its assets since the Hong Kong-based hedge-fund manager was sold last year by RAB Capital Plc, which lost money in 2008 on a Northern Rock Plc bet. Northwest’s assets under management have […]
Short Selling Profits Disappear as Bets Against Banks Backfire
BusinessWeek – The biggest U.S. equity rally in seven decades is wiping out profits for stock-market bears who have yet to capitulate on bets against banks, retailers and casinos. Hedge funds that profit from falling shares have seen 34 percent […]
Fund-of-funds firms do consultants’ job
Pensions & Investments – When it comes to hedge fund investing the line has never been more blurred between consultants and fund-of-funds managers. Institutional investors like the Nashville and Davidson County pension fund, Maryland State Retirement System and Illinois Teachers’ […]
Hedge funds take over Philly newspapers
UPI – An unnamed coalition led by hedge fund Angelo, Gordon & Co. from New York has outbid a local group for control of three Philadelphia news outlets. The hedge fund group offered $105 million in cash to take the […]
Hedge Funds Seek $2 Billion in Damages From Porsche SE
ABC News – Six more hedge funds joined a lawsuit against Porsche SE over alleged securities fraud and manipulation on Thursday, with the plaintiffs doubling the damages they are seeking to $2 billion. A spokeswoman for the plaintiffs said the […]
Former Goldman Energy Trader Saiz Planning Commodity Hedge Fund
Bloomberg – Gilbert Saiz, the former head of Goldman Sachs Group Inc.’s European fuel-oil desk, plans to start an energy hedge fund. The Vector Commodity Fund will be based in London and trade crude oil and refined products, John Thompson, […]
Hedge fund guru sees bargains in Europe debt woes
Reuters – Southern Europe’s debt crisis is creating excellent buying opportunities in certain beaten- down stocks such as Spanish and Italian banks, hedge fund veteran Philippe Jabre told Reuters on Thursday. The controversial former manger of GLG — one of […]
RAB Capital held back by client outflows
Reuters – RAB Capital said assets under management have been static this year as flows of money into its funds failed to keep pace with rivals in a hedge fund industry recovering from its worst crisis on record. Assets under […]
Hedge Fund Settles Metals-Market Manipulation Case
WSJ – Moore Capital Management, the veteran hedge-fund firm ensnared earlier this year in a U.K. insider-trading probe, agreed to pay $25 million to settle a regulatory investigation over allegedly manipulative commodity-futures trading two years ago. The U.S. Commodity Futures […]
HK hedge fund DragonBack sees assets cut by 85 pct
Reuters – Hong Kong-based hedge fund manager DragonBack Capital has seen a dramatic reversal in its fortunes over the last 12 months, with its assets plunging 85 percent to around $45 million amid continued redemptions from fund of hedge funds. […]