Tag Archives: portfolio-manager
High waves in market sink even legendary hedge funds
Tacoma News Tribune – Year after year, the hedge fund industry dazzled Wall Street by delivering “absolute returns” – outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with […]
Pellegrini quits Paulson & Co to start fund
Interactive Investor – Paolo Pellegrini, who played a crucial role in helping to implement bets against subprime mortgages that netted Paulson & Co about $15 billion in 2007, resigned from the hedge-fund firm on Dec. 31, the Wall Street Journal […]
Toronto Hedge Fund Takes Big Stake In ‘Sun-Times’ Parent
Editor & Publisher – Polar Securities, a Toronto-based hedge fund, disclosed Tuesday that it has purchased a big stake in troubled Sun-Times Media Group (STMG). In two filings with the U.S. Securities and Exchange Commission (SEC), Polar said it has […]
