Monthly Archives: February 2015
SEC Proposes Rules for Hedging Disclosure
New York (HedgeCo.Net) – The Securities and Exchange Commission has approved proposed rules that would enhance corporate disclosure of company hedging policies for directors and employees, The SEC announced. The changes are mandated by the Dodd-Frank Wall Street Reform and […]
Hedge fund fight! UK riled up over rich investor taxes
CNBC – Hedge funds and the amount of taxes they pay are center stage in U.K. politics right now. The liberal Labour Party has slammed its conservative Tory rivals for being “bankrolled” by wealthy hedge fund managers, which they say […]
Hedge Fund Glenview Capital Takes Small Stake in McDonald’s
WSJ – Larry Robbins of Glenview Capital Management LLC has built a “small position” in McDonald’s Corp. and suggested ways the hamburger chain’s new chief executive could boost its underperforming stock price. At an investor conference Thursday, Mr. Robbins raised […]
Steve Eisman Rejoins Parents at Neuberger Berman Post Hedge Fund
Bloomberg – Steve Eisman, who rose to fame after betting against subprime mortgages in 2007 and then ran his own hedge fund, is back working with his parents. Eisman, 52, joined the Eisman Group within Neuberger Berman Group as a […]
Top China Hedge Fund Says Best Trade of 2014 Is Back On
Bloomberg – The top-performing China hedge fund is piling back into property shares, reviving a trade that propelled it to a 46 percent gain in the second half of 2014. Marco Polo Pure Asset Management has been buying developers, including […]
Ex-Tory treasurer Lord Fink admits using Swiss trusts to avoid taxes
Irish Times – The Labour Party was jubilant last night after the Conservative Party’s former treasurer and a leading party donor admitted he had set up family trusts in Switzerland to avoid British taxes. The admission by hedge fund boss […]
Tepper Joins Activism on GM; Not Worried About Greece
ValueWalk – David Tepper, founder and hedge fund manager of Appaloosa Management joined the activism on General Motors Company (NYSE:GM). His firm supports the shareholder proposals of Harry Wilson to the automaker. Wilson is a retired hedge fund investor and a […]
GM faces investor demand for slice of $25 billion cash hoard
Reuters – An investor group demand that General Motors Co give back more of its $25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders. Barra and GM’s […]
Hennessee: Hedge Funds Outperform in January
New York (HedgeCo.Net) – The Hennessee Hedge Fund Index gained +0.30% in January (+0.30% YTD), while the S&P 500 lost -3.10% (-3.10% YTD), the Dow Jones Industrial Average lost -3.69% (-3.69% YTD), and the NASDAQ Composite Index sunk -2.13% (-2.13% […]
The queen of hedge funds is killing it
Business Insider – Hedge fund manager Leda Braga took the reins of BlueCrest Capital’s spinoff computer-driven firm, Systematica Investments, last month and she’s already killing it. Braga, who, when she was president of BlueCrest, held the title of lady hedge fund […]
S.F. pension system votes to invest 5% in hedge funds
SF Gate – The board of the San Francisco Employees’ Retirement voted 6-1 Wednesday to sink 5 percent of its $20 billion portfolio in hedge funds, a much smaller investment than its staff recommended last year. In June, the staff […]
Hedge Funds Focused on Currencies Get Big Payoff
WSJ – Currency markets are finally giving hedge funds some bang for their buck. Thanks to a consistently soaring dollar—and plunging euro—investment funds focused on currencies had the best month in years in January. Read Complete Article