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Category Archives: Syndicated

Robot Hedge Fund Traders Fight Back

(Wall Street Journal) Computer-driven hedge funds have had a torrid time of late. But this month, at least, they are making a comeback. So-called CTAs (commodity trading advisors), which use complex algorithms to try and profit from trends in financial […]

China Freezes US Fund Citadel’s Account In War Stock Speculation

(Reuters) China’s markets regulator has frozen a trading account linked to Citadel Securities, a unit of the U.S. group that also owns hedge fund Citadel LLC, as Beijing battles against speculators to prop up China’s ailing stock markets. The regulator, […]

Hedge Fund Magnate Gives $11.1M To Cruz Campaign

(New York Post) Long Island hedge-fund magnate Robert Mercer dumped $11.1 million into Texas Sen. Ted Cruz’s campaign coffers, according to federal filings released Friday. A former computer programmer at IBM, Mercer earned his wealth designing algorithms to outsmart the […]

New Jersey Shifts $1bn In Hedge Fund Redemptions and Allocations

(Hedgefund Intelligence) New Jersey’s $79.2 billion pension fund is redeeming more than $600 million in investments from Wellington Management and Arden Asset Management, part of a series of moves that will see more than $1 billion in hedge fund assets […]

Hillary Clinton Aim Is to Thwart Quick Buck on Wall Street

(New York Times) While Washington and the media were worked up about Hillary Rodham Clinton’s emails last Friday, most of the nation seemingly missed — or at least largely ignored — what may have been her most important comments yet […]

Former Heavy Hitting Broker Banned From Securities Industry

(New York Post) A former powerhouse investment broker, who managed $1.3 billion for Merrill Lynch before he was fired, has been permanently banned from the securities industry for charging his customers excessive fees and making unauthorized trades, the industry’s regulator […]

U.S. Must Wait For EU Hedge Fund Passports

(Reuters) The European Union faces a regulatory spat with the United States after the bloc’s securities watchdog said it could not give U.S. hedge funds a “passport” to operate across the EU. The European Securities and Markets Authority (ESMA) advised […]

Drugmakers Strike Back: Kyle Bass Blasted Over Patient Challenges

(Bloomberg) Drugmakers with patents being challenged by Kyle Bass are striking back, accusing the hedge-fund manager of abusing a government review process designed to weed out useless patents and demanding his petitions be tossed. To read this article:

Meet Patrick Walsh, The Do-It-Yourself Hedge Fund Activist You’ve Never Heard Of

(Forbes) In the increasingly crowded world of flashy activist hedge fund managers, Patrick Walsh, 39, plays against type. The founder of the $150 million PW Partners in Chicago wasn’t schooled at Wharton and has no Ivy League pedigree or M.B.A. […]

Hedge Fund Billionaires Bet On London As Revival Gathers Pace

(Bloomberg) London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action.Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where […]

Einhorn Punished By Gold as Greenlight Drops 16% in 2015

(Bloomberg) David Einhorn is being punished for making the wrong call in the gold market. The main hedge fund at his Greenlight Capital has slumped this year, and the reinsurer that counts on Einhorn’s investing approach has dropped 16 percent […]

Viewing Liquid Alternatives Through A Hedge Fund Lens

(Daily Alts) Liquid alternative investments, also known as “alternative mutual funds” and “liquid alts,” have experienced a rapid growth in popularity, with the number of funds offered and their assets under management soaring over the past two years. Despite this, […]

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