Category Archives: Uncategorized
Einhorn Says Europe Letting Greece Collapse To Stop Populism
(Bloomberg) David Einhorn, founder of Greenlight Capital, said Europe’s leaders are prepared to let Greece fail to discourage other countries from electing populists. “Europe is unwilling to allow Syriza a face-saving compromise, even if that means Greece collapses and the […]
Puerto Rico Journalists Sue Government To Reveal Hedge Fund Names
(Reuters) Journalists in Puerto Rico, a U.S. territory negotiating with bondholders to restructure up to $72 billion of debt, are suing the government to release the names of hedge funds that hold bonds issued by the Caribbean island. “The information […]
Hedge Fund Outflows Hit Six-Month High
(Reuters) Investors cut their bets on hedge funds at the fastest pace for six months in July, data showed on Tuesday, as the Greek debt crisis, concerns over Chinese economic growth and U.S. interest rate uncertainty made for volatile global […]
New Style of Hedge Fund Gaining in Popularity
New York (HedgeCo.Net) One of the hottest trends in the hedge fund industry is what is called a co-investment fund. Ironically, they are attributed to the hedge fund industry, but there isn’t anything about them that is hedged. A co-investment […]
Are Investors Too Prepared For a Market Correction?
New York (HedgeCo.Net) A recent Bank of America Merrill Lynch survey of the company’s money management clients indicates that fund managers are optimistic, but they are also the most cautious they have been in years. • 31% of those surveyed […]
Panic Sets In Among Hedge Fund Investors Remaining in Greece
(New York Times) For investors around the world looking at Greece, there was but one question Sunday: What is going to happen when the markets open? On Sunday night, the prime minister, Alexis Tsipras, said in a televised address that […]
Why A Hedge Fund Manager Is Betting Big On Fannie Mae And Freddie Mac
(Motley Fool) Over the past year and a half, famed activist investor Bill Ackman has built a massive long position in two of the most derided companies in the U.S.: Fannie Mae and Freddie Mac . These two government-sponsored entities […]
Elliot Continues Criticism of Cheil Industries Samsung Deal
(Reuters) U.S. activist hedge fund Elliott continued its public campaign against the proposed $8 billion merger of two Samsung Group companies on Friday, questioning the basis for the projected financial performance of the combined entity. To See this Article: www.reuters.com
Hedge Funds Seek Meeting With Puerto Rico Over Oil Tax Bond Deal
(Bloomberg) A group of hedge funds headed by Fir Tree Partners is seeking a meeting with Puerto Rico Governor Alejandro Garcia Padilla and senior officials at the Government Development Bank for Puerto Rico to discuss the potential sale of $2.9 […]
Hedge Funds Score Big Gains
(Wall Street Journal) Some of Wall Street’s biggest investors are outrunning markets for the first time in years, riding gains from bets on instability in Europe and a wave of mergers. To Read this article: www.wsj.com
Advisors, Brokers Plan To Maintain Allocations To Alternatives
New York (hedgeCo.Net) The alternative investment industry seems to be in good standing with broker-dealer representatives and registered investment advisors, at least based on a recent survey from Pershing and Beacon Strategies, LLC. The survey polled 1,200 advisors about alternative […]
US Hedge Fund Steps Up Campaign To Block $8-Billion Samsung Asset Shake-Up
(Reuters) U.S. hedge fund Elliott ramped up a campaign to block a proposed $8 billion merger of two Samsung Group firms on Thursday, laying out its case online a day before a court hearing on a deal seen key to […]