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Category Archives: Syndicated

Hedge fund riding to rescue of RadioShack

USA Today – RadioShack shares soared Tuesday when it appeared that the electronic retailers may be plugging into a lifeline. The electronics retailer is talking to a shareholder, hedge fund Standard General, about a rescue package that could prevent a […]

Retail investors pay price as hedge funds dominate ETFs

Hedge World – Junk-bond ETFs created for retail investors have been hijacked by hedge funds using them to make broad bets on bond prices, causing roller-coaster distortions in the high-yield market. Funds designed for retail investors have morphed into hedging […]

Ex-prof, alum son plead guilty to hedge fund fraud

MIT Tech – A former associate dean of MIT’s Sloan School of Management and his son have pleaded guilty to securities fraud and obstruction of justice after allegedly losing $140 million of investors’ money in hedge funds. Gabriel Bitran PhD […]

Hedge Funds File U.K. Suit Against BNY Mellon on Argentine Debt

WSJ – A group of hedge funds holding €1.3 billion ($1.71 billion) of Argentine government bonds has filed suit against the U.S. bank charged with overseeing payments to the nation’s bond investors, seeking to gain access to interest payments they […]

Hedge fund Citrine Picks Nickel as Best Base Metal Wager

Bloomberg – Zinc and nickel will probably lead advances in base metals next year as global demand outstrips production, according to Paul Crone, chief investment officer at Citrine Capital Management LLC. Futures climbed. Zinc may rally to $2,500 to $2,700 […]

Bill Ackman’s hedge fund made over $160 million on Burger King’s rally

MarketWatch – Bill Ackman must be a happy man Monday, as his hedge fund’s investment in Burger King Worldwide is now worth about $163 million more than it was on Friday. Ackman’s Pershing Square Capital Management owns 38,387,865 shares of Burger […]

This Massive Hedge Fund Company Sold Warren Buffett’s Company. Should You Buy?

The Motley Fool – We should never blindly copy any investor’s moves, no matter how famous or successful the investor. Still, it can be useful to keep an eye on what smart folks are doing. 13F forms can be great […]

Hedge Fund Crude Bets Tumble Amid Surging Global Supply

Bloomberg – Speculators are the least bullish on U.S. crude oil prices in 16 months as refinery maintenance weakens demand at a time when Libya and Iraq are swelling global supplies. Futures dropped a fifth consecutive week after money managers […]

Citigroup Dealing With “Bad Actor” Restrictions on Hedge Fund Sales

ValueWalk – According to an August 22nd article in the Wall Street Journal, Citigroup Inc (NYSE:C) is facing “bad actor: restrictions relating to its recent settlement with U.S. regulators. The restrictions prevent the bank from selling investments in hedge funds […]

Hedge Funds in Puerto Rico’s power authority accord include Redwood, Knighthead

Reuters – Hedge funds negotiating with Puerto Rico’s public power authority PREPA over a possible restructuring of more than $8 billion in bonds include two involved in Argentina’s protracted bond negotiations, Knighthead Capital Management and Redwood Capital Management, according to […]

Hedge funds gave Mugabe $100M for genocide, got platinum mines in return

Boing Boing – Zimbabwe’s dictator Robert Mugabe unleashed a storm of brutal, genocidal violence after losing the 2008 elections — and now we know that it was funded by western hedge-funds and banks, led by Och-Ziff Capital Management, the largest […]

Hedge Fund Fir Tree Partners Blasts Hertz CEO

Forbes – Fir Tree Partners, the hedge fund firm founded by Jeffrey Tannenbaum, issued a statement on Thursday, saying Hertz CEO Mark Frissora “has completely lost credibility.” Fir Tree said it was making its remarks in response to a statement […]

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