Monthly Archives: January 2011
Jobs’s health to overshadow Apple sales
Reuters – The health of Apple Inc Chief Executive Steve Jobs will overshadow quarterly results Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers. Apple shares, up 62 percent in the last 12 months, were down […]
Hedge Funds Short China
Business Insider – China is going through a property boom. The master of short selling, Jim Chanos, questioned China’s real estate investments and said he is now shorting China. Al Jazeera’s Melissa Chan reported from Ordos Shi in Inner Mongolia, a town of one […]
Posner to Start Hedge-Fund Business at Golub Capital, FT Says
Bloomberg – Daniel Posner, who formerly headed the distressed investment unit of hedge fund firm D.E. Shaw & Co., has joined Golub Capital BDC Inc., where he will start a hedge-fund business, the Financial Times reported. Read Complete Article
Hedge Fund Manager Turns Himself In For $3.5 Million Fraud
New York (HedgeCo.net) – Hedge fund manager James Brandolino turned himself in to the FBI, confessing to $3.5 million fraud, Courthouse News Services reported today. “Brandolino, 42, of Joliet and formerly of Chicago, obtained about $4.7 million from 48 high net […]
For survival, Asian hedge funds hunt for treasures overseas
Economic Times – Asian hedge funds, starved for capital since the financial crisis in 2008, are beginning to make a tactical sojourn to markets abroad, directly chasing clients in the United States and Europe to gather the elusive assets. The […]
Apple news impacts hedge funds, heavy investors
Reuters – Few CEOs have been linked as closely to their companies as Steve Jobs is with Apple Inc and few U.S. companies are as popular with investors as Apple is with hedge fund managers. Analysts have called Apple the […]
Barton Biggs’s Hedge-Fund Heroes Pile Up Zeroes in Cautionary Fable: Books
Bloomberg – Meet Mickey Cohen, a hedge-fund hero in January 2007. He’s got the Gulfstream V, the New York penthouse, two exes and Vanessa, a 25-year-old girlfriend who works at Sotheby’s. He even has started dabbling in Old Masters. “I figure […]
Top Hedge Fund Said To Have Taken Short Position In Barclays
Here Is The City – The Telegraph reports that DE Shaw, one of the world’s largest hedge funds, has taken an almost $159m short position in Barclays Bank, emphasising growing concerns that UK banks are facing headwinds operating in a […]
Hedge-Fund Bets on Feeder-Cattle Gain Reach Highest Since 2006
Bloomberg – Hedge funds are the most bullish on feeder-cattle futures since at least 2006, a sign that speculators may expect tight supplies of the animals to boost prices that already have surged to a record in Chicago. The funds […]
Institutional investors look to increase hedge fund exposure
Professional Pensions – Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds. The survey by SEI found more than half (54%) of respondents said they planned […]
Institutional investors look to increase hedge fund exposure
Professional Pensions – Institutional investors are set to increase investments in hedge funds in 2011 but demand greater transparency and risk management from the industry, a study finds. The survey by SEI found more than half (54%) of respondents said they planned […]
RBC Hedge Fund Index Returns 2.25% In December
New York (HedgeCo.net) – For the month of December 2010 the RBC Hedge 250 Index had a net return of 2.25 per cent, bringing the year-to-date return of the Index to 6.42 per cent. These returns are estimated and will be finalized […]