Author Archives: Editor
Will GM Give Into This $8 Billion Hedge Fund Cash Grab?
Motley Fool – Will a quick-profit scheme by a group of hedge funds end up costing General Motors $8 billion? It could end up costing more than that. The hedge funds’ effort to force GM to spend $8 billion of […]
Shearman & Sterling promotes two hedge fund partners
Opalesque – Shearman & Sterling congratulates John Adams on his election to the partnership and John Reiss on his promotion to counsel. “We look forward to continuing to serve our investment funds clients.” John Adams practices in the Investment Funds […]
Tax avoiders and hedge funds. The Tories invited them to the party
Guardian – Gazing across the Great Room of the Grosvenor House hotel on Park Lane, where Monday night’s Tory winter ball was held, some were struck by the peculiar behaviour of one of the fundraising event’s guests. Head down, Subaskaran […]
European hedge funds close at record pace as higher costs, poor returns bite
Reuters – Hedge funds in Europe are shutting down at the fastest-ever pace as rising costs, weak performance and a slowdown in the pace of new investment leads some embattled founders to bail out. Four in every 10 funds which […]
SEC Proposes Rules for Hedging Disclosure
New York (HedgeCo.Net) – The Securities and Exchange Commission has approved proposed rules that would enhance corporate disclosure of company hedging policies for directors and employees, The SEC announced. The changes are mandated by the Dodd-Frank Wall Street Reform and […]
Hedge fund fight! UK riled up over rich investor taxes
CNBC – Hedge funds and the amount of taxes they pay are center stage in U.K. politics right now. The liberal Labour Party has slammed its conservative Tory rivals for being “bankrolled” by wealthy hedge fund managers, which they say […]
Hedge Fund Glenview Capital Takes Small Stake in McDonald’s
WSJ – Larry Robbins of Glenview Capital Management LLC has built a “small position” in McDonald’s Corp. and suggested ways the hamburger chain’s new chief executive could boost its underperforming stock price. At an investor conference Thursday, Mr. Robbins raised […]
Steve Eisman Rejoins Parents at Neuberger Berman Post Hedge Fund
Bloomberg – Steve Eisman, who rose to fame after betting against subprime mortgages in 2007 and then ran his own hedge fund, is back working with his parents. Eisman, 52, joined the Eisman Group within Neuberger Berman Group as a […]
Top China Hedge Fund Says Best Trade of 2014 Is Back On
Bloomberg – The top-performing China hedge fund is piling back into property shares, reviving a trade that propelled it to a 46 percent gain in the second half of 2014. Marco Polo Pure Asset Management has been buying developers, including […]
Ex-Tory treasurer Lord Fink admits using Swiss trusts to avoid taxes
Irish Times – The Labour Party was jubilant last night after the Conservative Party’s former treasurer and a leading party donor admitted he had set up family trusts in Switzerland to avoid British taxes. The admission by hedge fund boss […]
Tepper Joins Activism on GM; Not Worried About Greece
ValueWalk – David Tepper, founder and hedge fund manager of Appaloosa Management joined the activism on General Motors Company (NYSE:GM). His firm supports the shareholder proposals of Harry Wilson to the automaker. Wilson is a retired hedge fund investor and a […]
GM faces investor demand for slice of $25 billion cash hoard
Reuters – An investor group demand that General Motors Co give back more of its $25 billion cash hoard confronts Chief Executive Mary Barra with a challenge to her plans for building the company and rewarding shareholders. Barra and GM’s […]