Monthly Archives: February 2015
Hedge fund Elliott: government policies paved way for risky bets
Reuters – Hedge fund titan Paul Singer blamed government policies for encouraging traders to make concentrated bets in “overpriced” securities and markets and said it is “nutty” to hold bonds at their current high levels. Singer, who founded the $25 […]
Hedge Fund Guide to China Bull Markets Shows Rally Just Starting
Bloomberg – It’s easy to see why doubters of China’s world-beating equity rally are growing louder. Manufacturing contracted last month for the first time in two years, industrial profits are falling at the fastest pace since at least 2011 and […]
Barclays: Institutional Investors Expect “Hedge Funds Revival”
ValueWalk – Hedge Funds have a generally high correlation to the stock market, a new study of hedge fund trends from Barclays PLC points out, but investors appear to be betting this is “the year of the hedge fund revival.” […]
Warren Buffett adds to his lead in $1 million hedge-fund bet
Fortune – Seven years into a 10-year performance wager, the Berkshire Hathaway CEO is winning easily. Results are in for the seventh year of what’s sometimes called The Million-Dollar Bet—Warren Buffett’s 10-year wager that the S&P 500 would outperform a […]
Hedge fund billionaire Steve Cohen is recruiting at colleges
Reuters – Billionaire Steven A. Cohen, who oversees only his personal fortune after decades of running one of the world’s biggest hedge funds, wants to recruit newly minted college graduates into his army of hundreds of investment professionals. Less than […]
Little Consensus From Hedge Fund Top Picks
At the famous Breakers conference presented by Morgan Stanley, six hedge fund managers gave their top long idea and their top short idea for 2015. The event is a private event, but CNBC.com reportedly got the recommendations from someone in […]
GDP Miss Creates Volatile Market
Volatility has been increasing for several months now, but that has mostly been on a day to day basis, not an hour by hour basis. S&P futures were down as much as 20 points from Thursday’s close in early trading […]
AIMA Parliamentary Reception discusses how hedge funds can help to close the ‘pensions gap’
User Contributed News – Speaking at the reception were the Labour MP Dame Anne Begg, Chair of the Commons Work and Pensions Select Committee; the Labour MP Chris Evans, Parliamentary Private Secretary to Chris Leslie MP, Shadow Chief Secretary to […]
Conneticut Hedge Fund Adviser Sentenced To 13 Years Behind Bars
New York (HedgeCp.Net) – Venezuelan-American Francisco “Pancho” Illarramendi has been sentenced in Bridgeport, Conneticut to 156 months of imprisonment, followed by three years of supervised release, ABC reports. Illarramendi was convicted of orchestrating a Ponzi scheme that defrauded investors and […]
RadioShack, Hedge Fund Hashing Out Auction Process
WSJ – Hedge fund Standard General LP is in talks to serve as the lead bidder at a bankruptcy auction for struggling consumer-electronics retailer RadioShack Corp. , according to people familiar with the matter. RadioShack, which is running out of […]
Secret hedge fund shorts revealed
CNBC – Six hedge fund managers gave their best investment ideas at an exclusive—and private—conference, including new bets against companies. The investors were part of a session to present one long and one short idea each at Morgan Stanley’s “Breakers” […]
Hedge Fund Brevan Howard’s Fortunes Blighted by Billions in Outflows and Management Row
WSJ – For more than a decade, Brevan Howard traced a smooth upward path to become one of the most powerful hedge funds in Europe. In recent months, its fortunes have waned. Its commodities fund was closed following a run […]