Category Archives: Syndicated
State PUC has questions for Harbinger hedge fund
OregonLive.com – A hedge fund that recently snapped up more than 7 percent of Portland General Electric’s newly issued stock appears to be on a collision course with Oregon regulators, who are demanding that the investor explain why it has […]
The Triumphs, and Obsession, of New Hedge Fund Managers
New York Times – SIZE matters in hedge funds. But bigger is not always better. New fund managers tend to knock the cover off the ball during their first two years, accounting for much of the outperformance that has made […]
Hedge fund invests in drugs
International Herald Tribune – TPG-Axon Capital Management, a $5.8 billion hedge fund run by Dinakar Singh, is teaming up with a partner to invest in drugs during their final stage of testing. TPG-Axon and Quintiles Transnational will make investments when […]
Hedge fund sells stakes in 5 firms
Chicago Tribune – Citadel Investment Group LLC, the $12 billion hedge fund firm founded by Ken Griffin, sold all its shares of Merrill Lynch & Co., ConocoPhillips and Oracle Corp. in the first quarter, according to a regulatory filing. The […]
On watch for the next LTCM
Marketwatch -It’s nearly eight years since the Long-Term Capital Management hedge fund cratered. At that time, the Federal Reserve engineered an extraordinary bailout on the (highly debatable) theory that the financial markets would otherwise be fatally disrupted. What would happen […]
The Triumphs, and Obsession, of New Hedge Fund Managers
New York Times – SIZE matters in hedge funds. But bigger is not always better. New fund managers tend to knock the cover off the ball during their first two years, accounting for much of the outperformance that has made […]
Hedge fund demands sale of California Coastal’s land
Reuters – A hedge fund group holding 11 percent of developer California Coastal Communities Inc. (CALC.O: Quote, Profile, Research) on Thursday told thecompany to sell a key asset and give the money to shareholders. The fund, Mellon HBV Alternative Strategies, […]
Heard on the Street: Tuning in institutional holders
Pittsburgh Post-Gazette – Gary Parsons, chairman of XM Satellite Radio Holdings Inc., was gratified in 2004 when blue-chip mutual funds began taking or increasing their stakes in his company. Thebets made by investors like TCW Asset Management, Fidelity Investments and […]
Hedge Funds for Everyone
Motley Fool – Do you have a net worth of $1 million? Own a hedge fund? If the answer to one of those questions is “yes,” then chances are that you know John Mauldin — president of Millennium Wave Advisors, […]
Investing: Don’t hedge your bets after all
FORTUNE Magazine – When it comes to investing, diversification is the closest thing to a free lunch. Simply by spreading money around unrelated investments – municipal bonds that zig when Wal-Mart and Microsoft shares zag – investors can reduce risk […]
Algoma boss lauds hedge funds
Hamilton Spectator – Canada’s struggling steel industry is recovering, thanks to the relentless demands of hedge fund managers for profits and return on their investment. Algoma president Denis Turcotte told a conference here yesterday that funds like Tricap Management Ltd. […]
Vision Investment plans to seed hedge funds
Vision Investment Management is establishing the Vision Angel Fund, which will provide seed capital for new hedge funds. The job of constructing the new fund has been given to Julius Wang, who has joined Vision as a managing director and […]