Category Archives: Syndicated

Hedge-fund firm criticizes Greek bailout, looks for ‘sticky’ investors

MarketWatch – Moore Capital, a leading global macro hedge-fund firm run by Louis Moore Bacon, warned of a “potential breakdown” of the European Monetary Union and criticized plans to bail out Greece, according to a recent investor letter obtained by […]

Ex-Millennium’s Ee Plans Macro Hedge Fund in ‘Uncertain’ Market

BusinessWeek – Albert Ee, a former managing director of Millennium Management LLC’s Asian business, said he plans to start in May a hedge fund that will profit from bets on broad economic trends in Asia. Singapore-based Pilgrim Partners Asia Pte […]

Cable & Wireless moves towards hedge funds

HFM Week – The $3.23bn Cable & Wireless Superannuation Fund is looking to increase hedge fund allocations as it moves to diversify away from traditional equities allocations, HFMWeek can exclusively reveal. The pension scheme, which has nearly 25,000 members, currently […]

JPMorgan Sued by Fund Manager for $31 Million Over Spinout Pact

BusinessWeek – A JPMorgan Chase & Co. subsidiary was sued by a former employee who said the bank fired him without cause and breached a spinout agreement that allowed him to leave with the private equity team and platform he […]

John Paulson defends hedge fund’s investment deal with Goldman Sachs

WSJ – John Paulson hasn’t been accused of any wrongdoing. But the hedge-fund billionaire and president of Paulson & Co, has gone on the offensive to reassure investors that his huge firm will emerge unscathed from a case that has […]

IMF proposes 2 new taxes on banks, hedge funds

USA Today – The International Monetary Fund is proposing two new taxes on banks, hedge funds, insurers and other financial institution to pay the cost of future failures and rescues, the BBC is reporting. The levies would extend to profits […]

Greece Hedgies Chase Final Yield Spurt as IMF Looms

Barrons – As the European Central Bank today warned its members that Greece’s financial needs were becoming more dire, Greek paper Banking News was reporting that hedge funds are playing a “waiting game” with Greek debt, on the expectation Greece […]

IMF says European debt crisis a boon for emerging markets

AFP – Europe’s debt crisis is sending investors flocking to the emerging markets of Brazil, China and India, the IMF said, as analysts asked if the crisis is changing the world economic order. In a report on the state of […]

GLG hires Tisbury founder Gerard Griffin and partner Gerald Lucaussy

Telegraph – American-born Mr Griffin, who built Tisbury into a $2.7bn powerhouse, has dropped plans to rebuild the hedge fund following the heavy losses it sustained in the financial crisis. He and Gerald Lucaussy, a partner at Tisbury, are up-rooting […]

Wealth Manager-Merger arbitrage a good deal for investors

Reuters – Advisers looking to diversify client portfolios and provide reasonable returns may want to consider an investment strategy long favored by hedge funds — merger arbitrage. Tim Knepp, chief investment officer at Genworth Financial Asset Management, in a recent […]

Time to start betting on hedge funds again?

Globe And Mail – Do hedge funds need a new name? Hedging is a way of reducing risk, but many hedge funds proved to be hyper-risky after the experience of 2008. We use the term hedge fund all the time […]

Lehman subpoenas hedge funds Greenlight, SAC

Reuters – Lehman Brothers Holdings Inc wants to investigate David Einhorn’s Greenlight Capital, Steven Cohen’s SAC Capital Advisors and other hedge funds over whether they took improper actions that damaged Lehman’s business ahead of its collapse, court documents show. On […]