Category Archives: Syndicated
Summers Offers Big-Picture Advice to Hedge Fund
Wall Street Journal – In 2006, Lawrence Summers resigned as president of Harvard University and took a position as a part-time managing director with D.E. Shaw Group, a New York hedge fund with a reputation as one of the most […]
Mutual Funds That Hedge Top Ratings List
TheStreet.com – "Desperate times call for temperate measures" might be a (corrupted) saying that describes a prudent approach to the maelstrom of the stock market. Mass redemptions resulting from turmoil in the hedge fund industry are a major factor in […]
Duff Puts Plans on Hold as Hedge Funds Suffer
New York Times Blogs – Duff Capital Advisors has recently laid off dozens of its employees and is holding off on its plans to raise as much as $1.5 billion just eight months after the hedge fund firm began business, […]
HEDGIE HORRIFIED
New York Post – Fed up with misbehavior in the hedge-fund industry, respected hedge-fund investor Sandra Manzke is fighting back. A pioneer in hedge-fund investing and best known for founding Tremont Capital Management, Manzke sent an angry missive to hundreds […]
Bear market swipes at more than just stocks
USA Today – Technically, a bear market is when stocks fall 20% or more from their highs. But there’s a saying that a bear’s true signature is making a fool out of everyone. Based on that, we’re all laughingstocks, because […]
FACTBOX-Red flags at hedge funds that worry experts
Reuters – Forensic accountants, former prosecutors and private investigators list some potential red flags at hedge funds that might indicate irregularities and should make investors take notice and probe further. *Returns that seem too good to be true. If a […]
Deadline nears for investors to redeem hedge fund shares
USA Today – It is last call for investors to ask for their money back from poorly performing hedge funds. Whether that is a bullish or bearish sign for battered stocks is anyone’s guess. Wall Street hopes the passing of […]
Hedge funds talk regulation
Idaho State Journal – Several prominent hedge fund managers told Congress Thursday they support a new central exchange to open the murky world of some complex investments partly blamed for the global financial crisis, but stopped short of endorsing stricter […]
Citigroup eyes options, including merger
Reuters – Citigroup Inc lost more than one-quarter of its market value on growing worries over whether it has enough capital to withstand billions of dollars of potential losses and despite new support from its largest individual investor. The second-largest […]
Hedge Fund Tracking: Lee Ainslie’s Maverick Capital, Q3 2008
Seeking Alpha – This is the Third Quarter 2008 edition of our ongoing hedge fund tracking series. We’ve already covered Whitney Tilson’s T2 Partners, Peter Thiel’s Clarium Capital, Bill Ackman’s Pershing Square, and Stephen Mandel’s Lone Pine Capital. Next up, […]
Ritchie Funds Sued by Barclays Over Hidden Petters Group Stake
Bloomberg – Ritchie Capital Management and Thane Ritchie, the hedge fund manager’s principal, were sued by Barclays Bank Plc over accusations they concealed more than $150 million in investments made in the collapsed Petters Group Worldwide LLC and affiliates. Now […]
JO Hambro Shuts Hedge Fund After VW-Porsche Trade
Bloomberg – JO Hambro Capital Management Ltd., which oversees about $3.5 billion of assets, will close one of its two hedge funds partly because a bet against Volkswagen AG shares backfired, people familiar with the situation said. The $240 million […]