Monthly Archives: February 2014
Mandel Tops Best-Earning Hedge Funds for Clients in 2013
Business Week – Stephen Mandel of Lone Pine Capital LLC made hedge-fund investors the most money for the second straight year in 2013. O. Andreas Halvorsen, who runs Viking Global Investors LP, and Appaloosa Management LP’s David Tepper ranked second and […]
Rengan Rajaratnam Wants Dismissal Of Hedge Fund Fraud Charges
New York (HedgeCo.Net) – The District Court in New York has filed a motion to dismiss insider trading charges against Rengan Rajaratnam, the younger brother of the now imprisoned hedge fund billionaire Raj Rajaratnam The New Yorker was charged with conspiracy to […]
Hedge funds boost diesel bets with supply at decade low
FuelFix – Hedge funds are the most bullish on diesel in almost five months as the coldest January in 20 years boosted demand and cut U.S. supply to the lowest in a decade. Money managers increased net-long positions, or wagers […]
Brazil heat fears turn hedge funds positive on ags
AgriMoney – The hot and dry weather in Brazil, concerns over which fuelled the biggest bullish turn by hedge funds on agricultural commodities in 18 months, may be poised to end, although not before delivering further elevated temperatures. Centre-east Brazil, […]
Hedge Funds Clash Over Argentina Debt
WSJ – As Argentina struggles to stave off a second debt default in 13 years, two U.S. hedge funds are playing central but opposing roles in the country’s efforts to untangle itself from the previous crisis. The two firms, Gramercy […]
New trial begins in hedge funds vs. Porsche SE legal battle over ‘short squeeze’ losses
DW – The state court began hearing evidence on Monday in a case brought by 24 international hedge funds, led by New York-based Glenhill Capital, against Porsche SE. According to the court, the funds were seeking damages to tune of […]
Joe Torre to Present manager of Marathon Asset Management with “Award for Caring”
New York (HedgeCo.Net) – Former New York Yankees Manager, Chairman of The Joe Torre Safe At Home Foundation, and prior recipient of the Hedge Funds Care/Help For Children (HFC) award, Joe Torre, will present Marathon Asset Management’s Bruce Richards with the […]
CNBC’s Jim Cramer To Speak To NJCU Students
New York (HedgeCo.Net) – Retired hedge fund manager Jim Cramer, the host of CNBC’s Mad Money is hosting a broadcast event sponsored by the New Jersey City University (NJCU). A magna cum laude graduate of Harvard College, Cramer earned his […]
George Soros reclaims top hedge fund title
The Age – George Soros’s Quantum Endowment fund has reclaimed the top spot as the world’s most successful hedge fund of all time, adding $US5.5 billion to the US billionaire investor’s fortune. Mr Soros is best known for triggering the […]
The Hedge Fund Wizard Betting Big on Big Data Research
Inside Philanthropy – Jaffray Woodriff knows a thing or two about data. The investment whiz based in Charlottesville, Virginia, used his homegrown predictive models of investment data to build a $4 billion-plus managed futures firm. Paying tribute to his golden […]
Two Sigma Suspends Surveys of Stock Analysts — Update
WSJ – Hedge-fund firm Two Sigma Investments LLC has suspended a survey program intended to garner information about companies from stock analysts, following a similar move by asset manager BlackRock Inc. last month under a settlement with New York. The […]