Tag Archives: bias
Indea Hedge Fund Plans to Buy, Not ‘Panic,’ on Polls
Bloomberg – Indea Capital Pte, an India-focused hedge fund that manages about $300 million, plans to buy shares even if India’s election results disappoint investors, said Chief Investment Officer Raj Mishra. The ruling Congress party-led coalition and the main opposition-led […]
China wants IMF to be tougher with rich states
Reuters – China, setting out its stall for the next global financial summit, wants the International Monetary Fund to get tougher with developed countries that let their economies run off the rails. In a position paper prepared for the April […]
Investor starting long-short fund
Seattle Times – Bill Fleckenstein, a well-known Seattle investor who bets exclusively on falling stocks, is shutting his 12-year-old fund and starting a new one that will buy equities, too. Fleckenstein said he doesn’t think the worse is over in […]
UPDATE 2-Thomas H. Lee mulls shrinking 2 funds
Reuters – Private equity investor Thomas H. Lee may shrink or shut down two funds that had $1.5 billion in assets after suffering losses of about 40 percent this year, the Wall Street Journal reported on Thursday, citing people familiar […]
Augustus macro hedge fund doubles assets
Hemscott – UK-based fund firm Augustus Asset Managers said on Tuesday assets under management in its fixed income and currency macro hedge fund have bucked market trends and doubled in the year to end-October. Augustus, formed from the management buyout […]
Rivals bet against Morgan Stanley in September
Forbes – Major Wall Street firms placed large bets against Morgan Stanley using credit-default swaps, two days after Lehman Brothers Holdings Inc sought bankruptcy protection, the Wall Street Journal said, citing trading records. The firms included Merrill Lynch & Co, […]
John Paulson Buys Mortgage Bonds as Hedge Fund Losses Widen
Bloomberg – Money manager John Paulson has started buying beaten-up mortgage bonds as hedge funds stumbled for a fifth straight month. Paulson, 52, is purchasing debt backed by home loans after generating sixfold returns last year with help from bets […]
Malaysia eyes Islamic hedge funds
Reuters – Malaysia is working on a plan to allow the creation of Islamic hedge funds. "It is now in the developmental stage,” Goh Ching Yin, an executive director at the Securities Commission, was quoted as saying by Business Times […]
Hedge funds using technicals tipped for 2009-2010
Reuters – Hedge funds using technical indicators are likely to fare better in the next two years than those purely basing their strategy on economic fundamentals, a survey of around 200 investors showed on Wednesday. The survey of asset managers, […]
Hedge fund managers to testify in Washington
International Herald Tribune – Hedge fund managers usually shun the spotlight. But five of them, billionaires all, are about to come under the glare on Capitol Hill. The money managers — Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George […]
VW squeeze may hit hedge funds frozen by Lehman
Reuters – Several hedge funds with assets frozen at Lehman Brothers may have been hit by wrong-way bets on Volkswagen, industry executives said, possibly hurting funds on trades they cannot close. While no money has yet been demanded by the […]
The Risks and Rewards of Investing in a Bear Market
Time – Benjamin Graham was well prepared for the Crash of 1929. The now legendary investor had hedged his bets: he would buy preferred stock in a company and sell short common stock in the same company. When stocks crashed […]
