Category Archives: Syndicated
Global Macro Hedge Funds Are Weathering the Storm
Seeking Alpha – If someone was asked to name a fund in the global macro game, undoubtedly Tudor Investment Corp or Moore Capital Management would be among the most frequent responses. The global macro strategy has fared well in the […]
NY gov. seeks tax hike on hedge funds, luxury goods
Reuters – U.S. Treasury debt prices jumped on Tuesday, pushing the benchmark note’s yield down to fresh five-decade lows, after the Federal Reserve slashed interest rates near zero and vowed to extend its quantitative easing measures. In an unprecedented move, […]
Madoff tries to stay out of jail as probe widens
Sify – Bernard Madoff, the long time Wall Street executive accused of cheating investors worldwide out of $50 billion, scrambled to find relatives or friends to guarantee his bond on Tuesday and keep him of jail. Bernard L. Madoff and […]
Bush says auto bailout not ready
Reuters – President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry’s fate clouded in uncertainty for a little longer. "We’re not quite ready to announce that yet," Bush told […]
Hedge Fund Dalton to Start $550 Million Distressed Asset Fund
Bloomberg – Dalton Investments LLC, the Los Angeles-based hedge fund with 70 percent of its assets in Japan, is starting a 50 billion yen ($550 million) fund that will invest in U.S. distressed assets, taking advantage of low prices. The […]
Collapsing hedge funds add to temporary stock selling
Detroit Free Press – In our view, incessant selling is coming from the liquidation of hedge funds, and it is the new element in the securities markets that no one has experienced before. This new source of selling has added […]
Mutual Funds: Saner Markets Ahead
Forbes – In the December issue of Dan Wiener’s newsletter, "The Independent Adviser for Vanguard Investors," Wiener interviews James Barrow, lead manager for $31 billion Vanguard Windsor II, and learns that the venerated value manager believes that hedge fund liquidations […]
Blocked exits can be costly at hedge funds-paper
guardian.co.uk – Hedge fund investors may face an expensive tug-of-war with managers, according to a new research paper that suggests they could lose as much as 15 percent of their initial investments should they be unable to exit when they […]
Citadel to cover operating expenses
Chicago Tribune – Citadel Investment Group is covering "a substantial portion" of its operating expenses this year, a break from passing those costs on to clients, Katie Spring, a spokeswoman for the Chicago-based hedge fund, said Thursday. "We felt it […]
Is Marc Dreier a gang member? Prison officials want to know
New York Daily News – Is Park Ave. lawyer Marc Dreier a Blood? Or maybe a Crip? Federal prison officials are refusing to remove the accused hedge fund swindler from 24-hour lockdown until they determine whether he’s a gang member, attorney Gerald Shargel told […]
Blocked exits can be costly at hedge funds
Reuters UK – Hedge fund investors may face an expensive tug-of-war with managers, according to a new research paper that suggests they could lose as much as 15 percent of their initial investments should they be unable to exit when […]