Uncategorized

Monkeys are Better at Picking Hedge Funds Than Fund of Hedge Funds

Cross-sectional distribution of mean returns of real and simulated FoHFs (1/1995-8/2009)

Hedge funds are a mystery to many people. They can be confusing and investors are wise to seek the advice before investing. MarketWatch posed the question......(read more)

October 28 - Hedge Funds, Uncategorized - Comments

The Realities of Prosecuting Rajat Gupta – No Proof, No Profit

Rajat Gupta surrendered to the FBI over insider trading charges Wednesday morning. A grand jury charged Gupta with five counts of securities fraud and......(read more)

October 28 - Insider Trading, Uncategorized - Comments

Hedge Fund Profit on Defaults, UBS Denies Report, Hedge Fund M&A

Hedge Funds Profit on Defaults (TheAustralian) WHILE I was at work on a book about the 2008 financial disaster I became interested in a tiny handful of......(read more)

October 28 - Uncategorized - Comments

Hedge Funds Asia, SEC Finra, Goldman Sachs Sued, Fund Exposure

Hedge Funds Shift Focus to Asia (Economist) ERIC WONG, who helps run his Hong Kong family’s money through an investment office, TCG Capital, looks like......(read more)

October 28 - Uncategorized - Comments

Hedge Funds Could Face Double Exposure

Hedge funds could face double exposure reports Bloomberg. “When hedge funds and private-equity funds begin to reveal their inner workings to U.S......(read more)

October 27 - Uncategorized - Comments

Pivovarov Launches Altera Fund, Visium Hires Stockton, MF Global

Altera Capital to Launch Maiden Hedge Fund by Year End (FINAlternatives) A former Old Lane Partners manager has returned home to launch a high-concentrated......(read more)

October 27 - Uncategorized - Comments

Jim Simons’ Renaissance Fund Shifts to Right

Hedge fund management can make all the difference in a fund’s performance but it can also have an effect in the political arena, as in the case......(read more)

October 26 - Hedge Funds, Uncategorized - Comments

David Baran’s Hedge Fund Symphony Financial is the Top Fund in August

David Baran’s hedge fund, Symphony Financial has been outperforming its peers. His fund “rose by more than 14.8% while most hedge funds scrambled......(read more)

October 26 - Hedge Funds, Uncategorized - Comments

Donald Yacktman’s Fund Outperforming 96% of Peers

Donald Yacktman is one of the most successful fund managers in the industry reports Businessweek....(read more)

October 25 - Hedge Funds, Uncategorized - Comments

Hedge Fund News – Bridgewater’s Jensen 3rd in Forbes 40 Under 40, Centarus Capital’s John Arnold Ranks 5th, Smaller Hedge Funds Technology Demand, DMS Opens NY Office, Paul Feeney Joins Old Mutual, Arun Kaul Named Olympian CIO, SA Hedge Funds Outperform ALSI, David Wong Joins Artradis, Bob Morgan to Lead Northern Trust Unit, Martin Shenfield Joins Vulpes, Linedata Named Best Overall Tech Provider, F&C Job Cuts

Bridgewater Associates’ Greg Jensen and Centaurus Capital’s John Arnold Listed in Top 5 of Forbes’ ’40 Under 40′ List (FINAlternatives......(read more)

October 25 - Uncategorized - Comments

Jana Partners Is the Best Activist Hedge Fund To Imitate

Jana Partners is an activist hedge fund. This means that it take positions in its investments that are large enough to afford the firm a voice in the......(read more)

October 24 - Hedge Funds, Uncategorized - Comments

Sprint Moves to Stop AT&T’s Acquisition of T-Mobile

AT&T (T) is being blocked from purchasing T-Mobile from Deutsche Telekom AG reports the Wall Street Journal....(read more)

October 24 - Uncategorized - Comments

Hedge Fund News – Fortress Hires David Dredge, EU Banks Share Risk With Hedge Funds, Blackstone to Co-invest with CIC, Blackstone to Raise $3 Billion Energy Fund, Hedge Funds Face Investor Pruning,Stonehenge Reports Strong Returns, Hedge Funds Eye India Opportunity, EU Fund Managers Brace to US Invasion

Fortress Investment Hires Ex-Artradis Manager David Dredge (Reuters) Fortress Investment Group LLC (FIG) has hired David Dredge as co-chief investment......(read more)

October 24 - Uncategorized - Comments

Perry Capital Cuts Alp Ercil, George Brokaw and Andy Isikoff

Richard Perry‘s Perry Capital announced that it is cutting three partners and roughly 30 managers and analysts, as well as closing its Hong King......(read more)

October 21 - Uncategorized - Comments

Bo K. Brownstein Expected to Plead Guilty Today to Insider Trading

Bo K. Brownstein, the head of Big 5 Asset Management, is expected to plead guilty on insider trading charges today. Brownstein will enter his plea today......(read more)

October 21 - Uncategorized - Comments

Andreas Halvorsen’s Viking Global and Others Up Big At Midday on Seagate Technologies $STX Increase

Several hedge funds made big Friday on Seagate Technologies (STX) after the stock swelled from $12.06 at close yesterday to trade at $14.74 midday. The......(read more)

October 21 - Hedge Funds, Uncategorized - Comments

Raj Rajaratnam, Convicted Insider Trader, to Get Kidney Transplant Paid for by Taxpayers

According to CNN Money, Raj Rajaratnam, the man recently sentenced to 11 years for insider trading, may be receiving a kidney transplant, at the taxpayers......(read more)

October 21 - Uncategorized - Comments

Evening Leaders – Shkreli Proved Wrong on Neoprobe, Conifer Launches Cloud, Hedge Fund Returns Flat So Far for October, SEC Hedge Fund Rule, BlackRock Launches New Fund, Advent Adds Four to Team, EU Short Selling, Henderson Global Soft Closes Two Funds

Martin Shkreli Proved Wrong After FDA Accepts Neoprobe’s Application (TheStreet) Wednesday night, Neoprobe said U.S. regulators accepted the company......(read more)

October 20 - Uncategorized - Comments

Joel Greenblatt Talks About Hedge Fund Resiliency

Joel Greenblatt, Gotham Capital talked to the Wall Street Journal’s Steve Eder yesterday about the resiliency of hedge funds. The video is embedded......(read more)

October 20 - Hedge Funds, Uncategorized - Comments

Phil Falcone’s Harbinger Top Holding $BHP Rumored to Be in Talks With Ferrous

According to Bloomberg, BHP Billiton Ltd (BHP) is in talks to buy Ferrous Resources Ltd, a Brazilian iron-ore producer. The deal is rumored to be worth......(read more)

October 20 - Uncategorized - Comments

Apollo Group $APOL Soars in Early Trading on Earnings Report, Hedge Funds Make Big

Several hedge funds made big after Apollo Group (APOL), the company behind University of Phoenix, reported profits and sales above analyst estimates,......(read more)

October 19 - Hedge Funds, Uncategorized - Comments

Hedge Fund News – Odey Launches, 3 Degrees Closes, Monarch Sues, Bill Ackman Invests, LD Capital Up, Threadneedle Launches, SYZ Appoints Alessia Toricelli Dolfi, BarclayHedge Down 4% for September

Odey Launches Hedge Fund for Tim Bond (CityWire) Odey Asset Management has launched the Odyssey fund for Tim Bond, although the manager has conceded ‘......(read more)

October 19 - Uncategorized - Comments

Top of the Morning – Yahoo Beats Estimates, Abbott Labs Splits, Blackrock Up, UniCredit Barclays Probe, Moody’s Downgrades Spain, $JNJ Sales Up But Profits Down, Intel Up, $AAPL Reports Low, Exxon $BP and Eni SpA to Upgrade Oil Fields, SABMiller Strategic Alliance with Turkish Brewer

Yahoo Tops Expectations (FT) Yahoo’s profits fell 26 per cent in the third quarter of 2011 compared to a year before but still beat analysts low expectations......(read more)

October 19 - Uncategorized - Comments

Bernanke Says Fed Needs to Halt Asset Bubbles

Federal Reserve Chairman Ben Bernanke said Tuesday that the Fed may need to use monetary policy tools to prevent asset bubbles from forming reports CNBC......(read more)

October 18 - Uncategorized - Comments

Hedge Funds Recovered Some of their $BAC Losses Today

Bank of America Corp (BAC) rose over 40 cents a share on news Tuesday that it “posted a profit of $6.2 billion, or 56 cents a share, compared to......(read more)

October 18 - Hedge Funds, Uncategorized - Comments