Tag Archives: wall-street-journal

Hedge Fund Manager’s Bearish Bet on Yuan Finally Pays Off

New York (HedgeCo.net) – Patience is a virtue, or at least that is how the old saying goes, but in the case of Ray Bakhramov, patience is has been very profitable lately. Bakhramov and his Forum Global Opportunities Fund have […]

American Express up Over 8% After Stake Announced by Activist Fund

New York (HedgeCo.net) – When it was announced on Friday that activist hedge fund ValueAct Capital Management had secured a $1 billion stake in American Express (NYSE: AXP), it was natural to expect a bounce in the stock and bounce […]

Ackman Calls Out Wall Street Journal

New York (HedgeCo.net) – It is no secret that Bill Ackman and his hedge fund Pershing Square Capital are big investors in government sponsored enterprises Fannie Mae and Freddie Mac. Ackman has been touting the two stocks for a year […]

Warren Buffett just crushed Bill Ackman’s dream deal

(Yahoo Finance) – Warren Buffett — billionaire investor, philanthropist, Bill Ackman dream-crusher. Last week The Wall Street Journal reported that Ackman’s hedge fund, Pershing Square, had taken a $5.5 billion stake in Mondelez, the snack company behind Oreos and Ritz […]

Discovery Capital Management Enjoys Big July

New York (HedgeCo.net) – After getting caught on the wrong side of the selloff in China, Robert Citrone’s Discovery Capital Management bounced back with gain of 5.88% on July and that moved the fund in to positive territory on the […]

Citadel Considering IPO in 2016

New York (HedgeCo.net) – Seven years ago, Ken Griffin saw his hedge fund empire on the verge of a collapse, but Citadel has rebounded like the market and he is now considering taking the firm public. The idea has been […]

Investigation of Seized Hedge Fund Highlights Risks

(Wall Street Journal) – GIBRALTAR—On this tiny Mediterranean peninsula, a hedge fund run by a polo player has been seized by regulators, as part of a global probe into offshore funds, highlighting the risks lurking in this lightly regulated, multibillion-dollar […]

Harvard seeks to manage more money internally: report

Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]

Investors Begin Opening Their Wallets to Hedge Funds Again

Wall Street Journal Blogs – Are hedge-fund managers making a comeback with investors?  The great recession hammered the hedge-fund industry in 2008. Returns tumbled, redemptions soared and investors began questioning the very underpinnings of the industry. Active managers promise to […]

Volkswagen Again a Focus for Hedge-Fund Short Sellers, WSJ Says

Bloomberg – Volkswagen AG has seen a doubling of short interest in its stock by hedge funds since the middle of last month, with 2 percent of the company’s shares, and almost a third of the common stock available for […]

Cuomo likely to file suit against Schwab: report

Reuters – New York Attorney General Andrew Cuomo, probing illegal marketing and sales of auction rate securities (ARS), is likely to file a lawsuit on Monday against Charles Schwab Corp (SCHW.O) for civil fraud, the Wall Street Journal said, citing […]

Report: Pequot Capital Management, founder Samberg receive SEC Wells notices

News1130.com – The Securities and Exchange Commission is continuing its investigation of possible insider trading involving hedge fund Pequot Capital Management and its founder Arthur Samberg, according to a letter to investors obtained by The Wall Street Journal. The SEC […]