Tag Archives: bias
Anglo-Saxon hedge funds shorting on Madrid falls
Telegraph.co.uk – EU data shows that Philip Falcone, the US hedge fund baron who led the assault on HBOS, has sold short €138m (£108m) of Banco Popular’s shares, or 1.65pc of the total float, through his fund Harbinger Capital. He […]
Tyser, Horseman Show Investors Not All Hedge Funds Are Losers
Bloomberg – Harry Tyser, manager of the $100 million New Star Firefly Hedge Fund in London, was still trading while being wheeled into the operating room for kidney- stone surgery. “It’s life and death out there right now,” said Tyser, […]
Tantallon Closes Its Smaller Companies Hedge Fund
Bloomberg – Tantallon Capital, founded by Merrill Lynch & Co. former head of sales Nicholas Harbinson, closed one of its hedge funds after bad bets on Asian stocks, three people familiar with the matter said. The Singapore-based firm shut its […]
Hedge Funds Score a Victory in Short-Selling Rules
New York Times Blogs – Turns out hedge funds will not have to publicly disclose their secret strategies after all, at least not any time soon. The reprieve for the industry came late Wednesday. The Securities and Exchange Commission quietly […]
Icahn Biotech Stakes Rise on Drugmaker Demand as Markets Gyrate
Bloomberg – Carl Icahn, the investor angling to sell a 13 percent stake in Imclone Systems Inc. for more than $800 million, is piling up bets in the biotechnology industry. Icahn and hedge funds he manages have accumulated stakes in […]
Seven hedge funds bet millions on Irish banks falling
Irish Times – Seven international hedge funds have bet hundreds of millions of euro that Irish bank stocks will continue to fall. Although it is normal stock market practice, since last Friday short-selling of the four Irish publicly quoted banks […]
SEC Pushes Hedge Fund Oath in Manipulation Probe
Bloomberg – The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms. Investors with “significant” […]
Lloyds TSB Group: Financials soar after FSA bans short selling
Proactive Investors UK – The top thirty gainers for the London Stock Exchange (‘LSE’) read out like a roll call for the British and Irish financial industry, after the Financial Services Authority (‘FSA’) announced late last night that it was […]
Hedge Funds Raise Cash To Repay, Not Reinvest
Seeking Alpha – Some analysts say a big-picture trend presently unfolding involves hedge funds and other players unwinding bets on commodities/foreign currencies and plowing the proceeds into U.S. financial and other stocks. They are doing this for valuation reasons and […]
Getting Harder To Hedge
New York Post – Despite headlines about hedge funds that got decimated after making complicated bets on mortgages or energy, the most basic investment strategy of picking which stocks will rise and which will fall – known as long-short equity […]
Hedge funds get a new cop
Wealth Bulletin – The UK’s financial regulator has hired Australian Andrew Crain to head up the team that oversees the roughly 40 largest hedge fund managers that operate in the UK. Crain, a former regulator in his home country, assumes […]
