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Category Archives: Syndicated

Hedge Funds Hunting Clues in Treasury Tax-Inversion Limit

Bloomberg – Tax lawyer Robert Wellen’s telephone keeps ringing with calls from hedge-fund executives he’s never met. They’re desperate for clues about the Treasury Department’s planned crackdown on corporate inversions, overseas mergers that cut companies’ U.S. tax payments. The barrage […]

Why you should avoid the hottest hedge fund hands

CNBC  - Investors who don’t have money with Pershing Square Capital Management are likely salivating at the hedge fund’s industry-leading 26 percent return from January through July. But investing with Bill Ackman and other top-performing managers after a great run […]

PwC must face $1 billion lawsuit over MF Global advice

Reuters – A federal judge on Wednesday [Aug. 27] ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd., a brokerage run […]

Merck to Comply With Hedge Fund’s Subpoena

New Jersey Law Journal – Merck must hand over internal documents related to its valuation of an osteoporosis drug it developed, thanks to a New Jersey federal judge’s decision. In Biotechnology Value Fund v. Celera, U.S. Magistrate Judge Douglas Arpert […]

Banks’ pressure stalls opening of U.S. derivatives trading platform

Reuters – The first interdealer trading platform aimed at opening up credit derivatives markets to new competition has hit roadblocks due to resistance from some banks that dominate such trading, according to several people familiar with the situation. Derivatives markets […]

Goldman Sachs’ 50 Stocks That Matter Most to Hedge Funds

The Street – Recently, Goldman Sachs released their quarterly Hedge Fund Trend Monitor report. To compile the report, Goldman analyzed 775 hedge funds with $1.9 trillion of gross equity positions ($1.4 trillion long and $666 billion short) at the start […]

Brazil Candidate Neves Wants Hedge Fund Manager as His Finance Minister

Telesur - Conservative Brazilian presidential candidate Aecio Neves announced on Wednesday that he would tap a former hedge fund manager as his finance minister should he win the country’s upcoming election. Neves said during Wednesday night’s televised presidential debate with President […]

Hedge funds investing in India turn top performers

Singapore: Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third- largest economy. The funds investing in the South Asian nation have returned 26% this year […]

Illinois Teachers maps out 2015 real estate, hedge fund deployments

P&I – Illinois Teachers’ Retirement System, Springfield, plans to deploy a total of at least $1 billion with real estate and hedge fund managers in the fiscal year ending June 30, 2015. Trustees of the $45.3 billion pension fund approved […]

Star trader Rokos slugs it out with hedge fund he co-founded

Reuters – Former Brevan Howard star trader Chris Rokos has stepped up his legal challenge to a partnership agreement imposing a five-year ban on him setting up in competition against the hedge fund firm he co-founded. The contractual dispute offers […]

CME says trading halt linked to software reconfigurations

Reuters – CME Group Inc., the world’s largest futures exchange operator, said it halted trading on its electronic platform for four hours on Monday [Aug. 25] because of a technical issue resulting from planned software reconfigurations. CME, which owns the […]

India Hedge Funds Perform Best Globally on ‘Modi, the Hero’

Bloomberg – Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. The funds investing in the South Asian nation have returned 26 percent this […]

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