Yearly Archives: 2010

The Province – Hedge-fund investors scarred by global credit-crisis losses are setting their expectations lower and beginning to content themselves with smaller gains that they would have balked at two years ago. Widespread expectations before the crisis, fostered by over-optimistic […]

Reuters – Speculation continues to grow as to which Wall Street bank will be looking to get out of proprietary trading or the private equity business in order to comply with new financial regulatory reform legislation. But despite recent moves […]

New York Times – Philip A. Falcone has hired UBS to line up investors to finance building a high-speed wireless network, The New York Post reported Saturday. Mr. Falcone’s hedge fund, Harbinger Capital Partners, is pledging billions of dollars in […]

Bloomberg – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]

WSJ – A move to raise taxes on hedge fund managers who work in New York but live elsewhere has died after it raised the ire of top politicians in the state. The New York state Senate on Tuesday passed […]

Reuters – Investors in many of John Paulson’s hedge fund were treated to gains in July as markets recovered some ground, but his gold fund suffered big losses, people familiar with the numbers said on Thursday. The flagship Advantage fund […]

Reuters – As banks spin off their proprietary trading groups into hedge funds to comply with a new law, traders will find themselves in a tougher environment. Independent hedge funds face higher funding costs and often have less capacity to […]

Bloomberg – Citigroup Inc.’s private bank will triple the number of hedge funds such as Paulson & Co. that its wealthy clients can invest in, under a push to increase money- management revenue. The private bank will expand its HedgeForum […]

Reuters – Hedge fund investors scarred by global credit crisis losses are setting their expectations lower and beginning to content themselves with smaller gains they would have balked at two years ago. Widespread expectations before the credit crisis, fostered both […]

NYT – Winning hedge fund managers expect the American and European economies to slow, according to BusinessWeek. With some saying they plan to bet against industries that do poorly when the economy loses steam and others betting against consumer-related stocks, […]

Bloomberg -John Hussman runs a $6.3 billion mutual fund with the flexibility to bet on rising and falling stock prices. His fees are a fraction of those charged by so-called long-short hedge funds that do the same thing, and he’s […]