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Category Archives: Syndicated

Obama Says Rich Hedge Fund Managers Should Pay Fair Share Of Taxes

ValueWalk – President Obama has been keeping the media spotlight on the plight of the poor in the U.S. over the last few weeks, and he again focused on the theme of income inequality at a panel discussion on poverty […]

Hedge Fund Manager’s Reputation (For Backyard Sex Parties) Precedes Him

DealBreaker – Marc Leder: the fun-loving Sun Capital Partners honcho also known as the “Hugh Hefner of the Hamptons” — has already scared some Sagaponack neighbors over the parties he’s planning at a massive, new, 8,000-square-foot mansion this summer. Hamptons […]

Obama targets hedge funds in personal remarks on poverty, race

Reuters – President Barack Obama addressed U.S. struggles with class and race in personal terms on Tuesday and renewed his call to close tax loopholes enjoyed by wealthy hedge fund managers as a way to reduce poverty among Americans. “The […]

Hedge fund net inflows rise at fastest pace for 12 months

Reuters – Investors raised their bets on hedge funds at the fastest pace in a year in May, data showed on Tuesday. The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions, rose 0.92 percent in […]

Hedge fund launches first ETF for Canadian heavy crude oil

Reuters – The first exchange-traded fund tracking the price of Canadian heavy crude launched on Tuesday, enabling investors to gain exposure to the country’s physical crude market and potentially boosting liquidity. The Canadian Crude Oil Index ETF, issued by Calgary-based […]

Obama Attacks Carried Interest Again to Shrugs in Congress

Bloomberg – One of the Democratic Party’s favorite applause lines is getting another turn in the spotlight: hit hedge-fund millionaires with the same taxes as the working class. It still works on the stump even though it has fallen short […]

Paul Singer’s Billion Dollar Hedge Fund Is Going to War Over $58,000

Bloomberg – When it comes to hedge-fund manager Paul Singer’s defaulted-debt claims against Argentina, the billionaire has the law on his side. Actually getting paid, however, is a different matter. Read Complete Article

Argentine Bonds Fall After Hedge Fund Asks to Block Payment

Bloomberg – Argentine bonds issued under local law, which have continued to get paid after the country’s July default, declined after hedge fund Aurelius Capital Management said it’s seeking to block the payments. The nation’s 2024 bonds reversed earlier gains […]

Ex-Goldman trader Lim’s hedge fund assets hit $500 million – sources

Reuters – Guard Capital, a macro hedge fund led by two former top traders at Goldman Sachs and Noble Group will stop taking money from new investors from July 1 after a more than ten-fold increase in assets since its […]

Greece and Germany hold talks before crunch eurogroup meeting – live updates

Guardian – The Eurogroup will gather in Brussels this afternoon to discuss Greece’s reform plans, as Athens faces another IMF repayment on Tuesday. Follow the live updates here

Hedge Fund H Partners Wins Mattress Company Fight

Forbes – Hedge fund H Partners scored a victory on Friday in its bid to unseat directors from the board of mattress giant Tempur Sealy International, indicating widespread investor dissatisfaction with the company’s financial results and management. The win, however, […]

Why Hedge Funds Love To Go Offshore

Forbes – Hedge fund titan George Soros reportedly amassed $13.3 billion in deferred hedge fund fees and investment gains on those fees by moving his assets to Ireland and then to the Cayman Islands. Hedge funds love to set up […]

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