Monthly Archives: May 2016

(Reuters) Activist investor TCI has upped the pressure on loss-making German carmaker Volkswagen (VW), demanding it overhaul its “excessive” executive pay scheme as part of a plan to boost profits and end years of “mismanagement.” Beset by a diesel emissions […]

(Yahoo Finance) There’s going to be a “washout in hedge funds.” There’s a “lack of talent.” And those fees that they charge are “unbelievable”! All of these statements are fair for the most part.That said, it’s really not fair to […]

(Bloomberg) Donald Trump said “hedge fund guys are getting away with murder” when he called for ending a lucrative tax advantage for investment managers, but his published tax plan would give them an even bigger break. Trump, the presumptive Republican […]

(Forbes) Today we want to talk about another speaker at Sohn, Jeff Smith, of the $4 billion activist hedge fund Starboard Value. Smith is a Wharton grad and a former managing director at Ramius, a multi-billion hedge fund. You might […]

(Harvest) The due diligence of hedge funds is often first rate, but the due diligence on manager skill is still mainly focused on only three factors, past performance, pedigree, and references. Given the tight performance across managers, the wide range […]

(New York Post) Herbalife shares jumped as much as 15 percent in after-hours trading Thursday after the nutrition company reported that a two-year investigation by Washington regulators into claims that it was a pyramid scheme could be settled soon for […]

(The Business Insider) When most investors look at Goldman Sachs, they see it as a fixed income, currencies, and commodities (FICC) trading business — but they may be missing the bigger picture. That’s according to UBS’ Brennan Hawken, who wrote […]

(Reuters) Hedge fund manager David Einhorn has built a reputation on his ability to crater a company’s stock. His prescient short calls such as Allied Capital and Lehman Brothers had been announced in previous years at the annual Sohn Investment […]

(Bloomberg) Goldman Sachs Asset Management is seeking to profit from the relative value of the world’s major currencies after trimming bets the dollar would climb versus the euro and yen. While the Federal Reserve will probably increase interest rates by […]

(The Business Insider) Depomed, a specialty pharmaceutical company that makes painkillers and other drugs, was Smith’s first idea. Smith said that Depomed has not scaled the business to an appropriate size, leading to a misallocation of capital on drugs that […]

(Reuters) Hedge fund investor HSBC Alternative Investments Ltd named William Benjamin as global head of hedge funds, based in London.Benjamin will report to Henry Lee, global head of alternatives at HSBC Private Bank. Previously, Benjamin was with Goldman Sachs alternative […]

(Reuters) Hedge funds increased their net long positions in Brent and WTI derivatives by 7 million barrels to a record 663 million barrels in the week ending April 26. Even though oil prices have already risen by roughly $20 per […]