Hedge Fund Highlights: Paul Singer, Ray Dalio & Perry Capital

Page 1 of 2

Elliott Associates Hedge Fund Gained 4.6% in First Half (Wall Street Journal)
Paul Singer, the hedge-fund manager entangled in a public fight with Argentina over the country’s defaulted bonds, gained 4.6% in the first half of the year in his Elliott Associates L.P. fund, investor documents show. Elliott has historically specialized in distressed investments, and the average such fund returned 6.7% in the first half.

Paul Singer ELLIOTT MANAGEMENT

Dalio’s Bridgewater Said to Rise in June as Funds Advance (Bloomberg)
The $2.7 trillion hedge-fund industry posted gains of 1.1 percent in June, the biggest monthly advance in almost a year, after the European Central Bank added stimulus and the U.S. economy strengthened. Ray Dalio’s Bridgewater Associates LP, Solus Alternative Asset Management LPPaulson & Co. and Balyasny Asset Management LP were among firms with positive returns as managers across the investing spectrum benefited from gains in multiple markets, according to people with knowledge of the results, who asked not to be named because the information is private. “Asset prices rallied in June across equities, bonds, credit and most commodities,” Anthony Lawler, money manager at $120 billion Swiss asset manager GAM, wrote in a report issued on July 3.

Hedge fund liquidation in gas ‘largely complete’ (Agrimoney.com)
Hedge funds’ liquidation of bullish bets on agricultural commodities “looks to have largely run its course”, Australia & New Zealand Bank said, after data showed a further selldown, with positioning on soybeans the most downbeat since 2011. Managed money, a proxy for speculators, cut its net long position in futures and options in the top 13 US-traded agricultural commodities, from cocoa to lean hogs, by more than 50,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator.

Apollo Formalizes Stock Pay Plan (FINalternatives)
Apollo Global Management LLC (NYSE:APO) has clarified its plan to pay top partners and executives some of their bonuses in stock instead of cash, a policy that has led to grumbling among those affected, as well as a number of departures. The private-equity giant said in a Thursday regulatory filing that partners and other top managers would receive at least some of their share of the profits, rather than cash. The shares would vest over three years.

Foreign investors put pressure on Samsung (MarketWatch)
A number of prominent U.S. investors have taken large stakes in Samsung Electronics Co. in recent months, putting pressure on the technology giant’s management to return more of its $60 billion cash pile to shareholders. Some of these investors, which include New York hedge fund Perry Capital LLC and mutual fund managers Yacktman Asset Management and Artisan Partners LP, have been pushing Samsung executives to increase dividends and restart share buybacks in private meetings, they said in interviews with The Wall Street Journal.

Underwhelming year for hedge funds? (CNBC.com)

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 9 Most Dangerous Countries for Tourists to Visit

Reign of Terror: The 10 Most Ruthless Politicians in History

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!