Monthly Archives: February 2018

Elliott Turns to Snail Mail In NXP Mom-and-Pop Investor Campaign

(Reuters) Activist hedge fund Elliott Management Corp launched a campaign on Thursday to convince NXP Semiconductor NV (NXPI.O) mom-and-pop investors to shoot down a $38 billion deal to sell the semiconductor company to larger peer Qualcomm Inc (QCOM.O). The campaign […]

Einhorn’s Main Hedge Fund Posts Worst Monthly Loss Since ’08

(Bloomberg) David Einhorn’s Greenlight Capital hit a wall in January as its main hedge fund fell 6.6 percent, its worst monthly performance since October 2008. In a note to clients, the firm attributed most of its poor performance to losses […]

‘The machines took over’: Inside the biggest Dow Jones drop of all time

(Business Insider) Blame the robots. That was the common explanation among Wall Streeters on Monday after the biggest selloff ever in the Dow Jones Industrial Average. Machine-based traders were commonly blamed for the drop, which included a ramp up in […]

Billionaire Paul Tudor Jones told Wall Street investors to bet on a spike in volatility right before markets went haywire

(The Business Insider) The hedge fund legend Paul Tudor Jones spoke at a private investor conference last week, and he told a group of Wall Street investors he was betting on a spike in volatility.One person who attended summarized Jones’ […]

Loeb, Laffont Hedge Funds Start Year With Big January Gains

(Bloomberg) Hedge fund managers Dan Loeb and Philippe Laffont are picking up this year where they left off in 2017: making lots of money. Loeb’s Third Point Ultra fund returned 5.5 percent in January and his Third Point Offshore fund […]

Hedge funds are making an unprecedented bet that’s signaling more stock market pain

(The Business Insider) Some of the market’s most influential investors are making an unprecedented bet that near-term bond yields will climb — and that could continue heaping pressure upon stock traders. Hedge funds and other large speculators are holding a […]

PAAMCO Gives Pensions New Vehicle to Bet on Hedge Funds

(Reuters) Asset management powerhouse Pacific Alternative Asset Management Company LLC (PAAMCO) is giving institutional investors like pension funds a new way to bet on stocks with big hedge fund managers. The firm plans on Thursday to roll out PAAMCO Select, […]

Hedge Fund Surges 119% on Bullish Valeant Bet

(Bloomberg) A bullish bet on Valeant Pharmaceuticals International Inc., the drugmaker that spurred losses for Bill Ackman’s investment firm, helped a San Francisco-based hedge fund to a 119 percent gain last year, according to a person familiar with the matter. […]

Active managers offer institutional funds to reduce fees, says Broadridge

(HedgeWeek) Institutionally priced funds gathered over USD600 billion of net new fund flows in 2017, according to data released today by Broadridge Financial Solutions. To read this article:

David Einhorn’s Hedge Fund Is Getting Crushed Because Of Ill-timed Bets Against Amazon, Tesla

(CNBC) David Einhorn’s Greenlight Capital missed out on the best January for stock investors in two decades. Greenlight Capital Offshore declined 6 percent in January, while the Greenlight Capital LP fund dropped 6.6 percent…. To read this article:

Greg Coffey, Is Prepping One Of The Largest Hedge Fund Launches Of 2018

(The Business Insider) Greg Coffey’s new fund, called Kirkoswald Capital Partners, is planning to launch within the next two months with $1 billion, according to an investor familiar with the plans. The fund aims to hard close at $2 billion, […]

Stocks May Tumble 10%, But Hang In There, $141bn Fund Says

(Bloomberg) Equity investors are in for a further stomach-churning down-draft, but it will pay off to stay the course, according to AMP Capital Investors Ltd. “It’s likely the pullback has further to go as investors adjust to more Fed tightening […]