Monthly Archives: February 2013
Aussie Lifts, Hedge Funds Eye the Pound
CNBC – Japanese ministers played down talk of foreign bond buying by the Bank of Japan, and the yen rose against the dollar. German expectations for economic growth are near a three-year high, a new survey showed, and the euro […]
Private equity, hedge funds must be understood to be regulated effectively
The Conversation – In the aftermath of the global financial crisis, much ill-feeling remains towards Wall Street, the investment banks and those individuals who profit from short-term movements in the financial markets. As the crisis has dragged on, more questions […]
CFTC 60-second rule will force rejections, say futures commission merchants
Hedge Funds Review – Futures commission merchants will have a minute to accept or reject trades for clearing under a CFTC rule. Buy-side firms need to be aware of limits they are given and be able to work within them. As […]
Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires
Bloomberg – Last year, about $450 million belonging to top executives at billionaire hedge fund manager John Paulson’s New York firm took a quick round trip to Bermuda. In April, the executives sent the money to a reinsurance company that they’d […]
Will hedge funds short U.K. pound as Mark Carney prepares for Bank of England post?
The Globe & Mail – Fresh off having made a killing on the yen, major hedge funds believe the British pound will be the next currency to weaken substantially when Mark Carney takes over as governor of the Bank of […]
US hedge funds sour on Apple, favouring dollar stores instead
Reuters – Hedge fund heavyweights from Leon Cooperman’s Omega Advisors to Barry Rosenstein’s Jana Partners threw in the towel on Apple in the fourth quarter, while other managers found discount retailers Dollar General and Dollar Tree attractive, regulatory filings have […]
Danish pension fund overhauls hedge unit
Financial Times – Just weeks after closing its internal hedge fund arm, ATP, Denmark’s largest pension fund, says it will now integrate its hedge fund investment platform – or what it calls its “alpha” strategies – into its main investment […]
Hedge Funds Cut ICE Brent Crude Net-Longs From Two-Year High
Bloomberg – Hedge funds and other money managers reduced bullish bets on Brent crude from their highest level in more than two years, the first cut in a month, according to data from ICE Futures Europe. Speculative bets that prices […]
Man Group Combines Hedge Fund Units, Names Ellis as President
Bloomberg – Man Group Plc, the biggest publicly traded hedge fund manager, combined two computer-driven hedge fund units and made management changes in recent weeks before Emmanuel Roman takes over as chief executive officer next week. Luke Ellis, who has […]
Pressure exposes hedge fund within Hess
Financial Times – A campaign to break up the Hess oil group has exposed for the first time one of the world’s least known – and until recently, most successful – energy trading outfits to outside scrutiny. Hetco, as the […]
Hedge Funds Move From GLD To Other ETFs and Safety Of Allocated Gold?
GoldSeek – Prominent hedge fund manager John Paulson continued to hold significant gold investments in the fourth quarter of 2012, even as other investors reduced their SPDR gold ETF (GLD) positions. Paulson & Co owned 21.8 million shares in the […]
Chase Coleman’s Tiger Global Management Generated $1 Billion From Its Facebook Trade
Forbes – In the last three or so years, Facebook has captured the attention of the investment world like few other companies. Even before its shares were publicly traded, investors like Goldman Sachs maneuvered to buy the stock of the social networking […]