Tag Archives: bets


RAB Gold hedge fund down 18 percent

September 24, 2009 : Permalink

Reuters – A hedge fund run by RAB Capital that invests in gold has fallen about 17.5 percent since the start of June, the group said, missing a large rise in the gold price because of bad bets. The $35 […]

Stock rally is “dash for trash”: hedge manager Bullman

August 23, 2009 : Permalink

Reuters – Nick Bullman, who told Reuters he has this week placed bets on falling share prices, is concerned that government stimulus packages have not revived bank lending as much as hoped and that conditions remain as tough for companies […]

Case will throw light on funds before Bear Stearns collapsed

August 21, 2009 : Permalink

Daily Telegraph – The funds collapsed as billions of dollars of bets made on mortgage-backed bonds and collateralised debt obligations (CDOs) unravelled, and when the time came to try to sell some of the funds’ sub-prime mortgages, no one wanted […]

Hedge funds build up short bets on VW again

August 19, 2009 : Permalink

Reuters UK – Hedge funds have increased their bets on a fall in voting shares in Europe’s biggest carmaker Volkswagen, according to data on Tuesday, despite the heavy losses suffered by such funds last year. Hedge funds shorting VW were […]

BofA shares jump after exec, hedge fund buy shares

August 14, 2009 : Permalink

The Associated Press – Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares. […]

Gendell’s New Tontine Hedge Fund Off To Strong Start

August 12, 2009 : Permalink

Wall Street Journal – Jeffrey Gendell’s new hedge fund returned more than 25% during its first quarter, as bets on energy and a steady economic recovery paid off, according to a letter the manager sent recently to investors. Gendell, who […]

Ex-Ospraie Traders Start Falckon Hedge Fund to Bet on Energy –

August 5, 2009 : Permalink

Bloomberg – Erik Verhaar, a former energy trader at Ospraie Management LLC and Deutsche Bank AG, started a hedge fund this week in the Netherlands as investors are returning to commodities. His new Falckon Capital BV bets on U.K. natural […]

Brazil’s Top Hedge Fund Says Real Rally Almost Over

July 30, 2009 : Permalink

Bloomberg – Most of the gains in Brazil’s currency and interest-rate futures markets this year are over, said Beny Parnes, chief strategist at BBM Gestao de Recursos Ltda., manager of Brazil’s top-performing hedge fund. BBM pared back leveraged bets that […]

Brazil’s Polo Hedge Fund Boosts Bets on Homebuilders

July 29, 2009 : Permalink

Bloomberg – Marcos Duarte, co-founder of the $1 billion hedge fund Polo Capital Gestao de Fundos Ltda., is buying more Brazilian homebuilder shares even after the stocks more than doubled this year. Duarte said the Rio de Janeiro-based firm is […]

Darwin Japan Hedge Fund Returns 31% Since January on Small Caps

July 10, 2009 : Permalink

Bloomberg – Darwin Capital Premier LS1 Fund, a hedge fund investing in Japanese stocks, has returned 31 percent since opening to investors in January as bets on companies including JP-Holdings Inc. and Daiken Medical Co. paid off. The fund, advised […]

Madoff Trustee Says Vizcaya Hedge Fund Ignored Suit Against It

July 8, 2009 : Permalink

Bloomberg – Michael McCarty, former chief equity and options strategist at Meridian Equity Partners Inc. in New York, plans to start a hedge fund next month that will make bets on price discrepancies between similar exchange-traded funds. McCarty, 49, said […]

Lone Pine Reveals Smithfield Foods Holdings

June 23, 2009 : Permalink

Seeking Alpha – In a 13G filing made with the SEC due to activity on June 9th, 2009, Lone Pine Capital has disclosed a 7.7% ownership stake in Smithfield Foods (SFD). This is a brand new position for Stephen Mandel’s […]