Category Archives: Syndicated
London Mayor Fights for Hedge Fund Rights
The New York Times – London’s mayor, Boris Johnson, an advocate of protecting the city’s financial sector from over-regulation, will take the fight to protect Britain’s hedge fund and private equity industry to Brussels this Wednesday, The Daily Telegraph reported. […]
Harbinger Capital, SAC Capital and Crestwood Advisors add Industry Veterans
Hedgetracker – In this week’s hedge fund hire report, we look at firms that have recently added industry veterans to their teams. The investment firms covered in this report include: Harbinger Capital, SAC Capital Advisors and Crestwood Advisors. First off […]
Goldman Sachs Wrong on Economic Recovery, Macro Hedge Funds Say
Bloomberg – Paul Tudor Jones, the billionaire hedge-fund manager who outperformed peers last year, is wagering that Goldman Sachs Group Inc. and Morgan Stanley got it wrong in declaring the start of an economic recovery. Jones’s Tudor Investment Corp., Clarium […]
Korea Beral shares rally on Icahn M&A hopes
Reuters – Shares in Korea Beral soared more than 11 percent after a unit controlled by activist investor Carl Icahn raised its stake in the car parts maker, fanning speculation about a possible unsolicited takeover bid. F-M International Ltd, which […]
Barneys eyes restructuring or bankruptcy -report
Forbes – Barneys New York Inc is eyeing a debt restructuring or bankruptcy filing under which its owner, Dubai’s Istithmar World Capital, may lose control of the high-end retailer, Bloomberg reported, citing people familiar with the matter. Hedge fund Perry […]
Sparx Group Opens Hedge Fund With Soros Strategy
Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund firm, will open its first global macro hedge fund to new investors as the company departs from its traditional focus on equities to return to profit. Cayman Island-based Sparx Global Markets Fund […]
Transcript: Hedge Fund Roundtable, Part One
Forbes – Three hedge-fund heads discuss funds’ performance over the last year and debate potential tax code changes. Funds Lost Their Hedge? David Serchuk: OK, everybody, thank you for meeting with us today on the Forbes.com Intelligent Investing Team. It’s […]
Wall Street Stealth Lobby Defends $35 Billion Derivatives Haul
Bloomberg – Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives market that is facing the biggest overhaul since its creation 30 years ago. Five U.S. commercial banks, including […]
India-specific hedge funds among top global performers
The Hindu Business Line – Hedge funds investing in India are now among the top performers globally, after languishing at the bottom of the charts, hit by poor returns and outflows in 2008. Inflows into India specific hedge funds, however, […]
Goldman Sachs’s Hedge Fund Report
Seeking Alpha – Here’s an excellent in-depth read from Goldman Sachs that ties directly into our tracking of hedge fund movements. And we say this because the majority of their data was taken from SEC filings and public disclosures, exactly […]
Ex-UBS Bankers’ New Japan Hedge Fund Gains 14% Since July Start
Bloomberg – Akito Fund, a Japan-focused hedge fund set up by former UBS AG bankers, returned 14 percent since its July start, beating benchmarks on investments in smaller companies including Geo Corp. and Yellow Hat Ltd. Koichiro Yamaguchi and Tetsuya […]
Deals backfire as investors seek $5.5bn from Cerberus
Times Online – Investors in Cerberus are seeking the return of more than $5.5 billion (£3.3 billion) from the fund, which has made a series of poor investments, including the acquisition of GMAC, General Motors’ finance division, and of Chrysler, […]