Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund News – Segantii Returned 29% YTD, Hintze Donates to Cameron

Hedge Fund Manager Barton Biggs Boosts Investment on Improving US Data (Businessweek)

Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in March 2009, boosted bullish bets on equities in his Traxis Global Equity Macro Fund on improving U.S. economic data. The fund’s net long position rose to 65 percent from 40 percent about a month ago, according to Biggs, the founder of Traxis Partners LP, in an interview with Betty Liu on Bloomberg Television’s “In the Loop” program. Biggs said on Sept. 22 that bullish bets at all Traxis funds had fallen to 20 percent.

Bill Ackman

Value Investing Congress Boasts Strong Attendance (Reuters)

Poor performance does not seem to be much of a hindrance when it comes to investors shelling out thousands of dollars to hear famous hedge fund managers share some of their wisdom about picking stocks. Beginning on Monday, some 600 people who have written big checks will attend the 7th annual Value Investing Congress in New York. The two-day event is a chance for investors, lesser-known money managers and financial advisers to rub shoulders with William AckmanDavid Einhorn , Jim Chanos, Leon Cooperman and other titans in the $2 trillion hedge fund industry.

HK Hedge Fund Segantii Returned 29% YTD (Bloomberg)

The Segantii Asia-Pacific Equity Multi-strategy Fund returned 29 percent this year through September, heading for its best year even as peers are bracing for another annual loss. The $292 million fund run by Hong Kong-based Segantii Capital Management Ltd. gained 7.6 percent in July and 5.3 percent in September, rounding up its best ever quarter, according to a newsletter sent to investors. Kurt Ersoy, Segantii’s chief executive officer, declined to comment, citing the private nature of the fund.

Mail Calls Fund Manager Michael Hintze “Sugar Daddy to Cameron and Co” (MailOnline)

A millionaire hedge fund baron who bankrolled former Defence Secretary Liam Fox made a series of personal donations and gifts to a string of senior Cabinet Ministers, including the Prime Minister and Chancellor, it emerged last night. Soldier turned banker Michael Hintze has given at least £1.2million to the Conservative Party and provided a further £2.5million in loans since 2005.

Ray Dalio’s Paper Finds Hedge Funds’ Returns Continue to be Dominated by Beta (Bridgewater)

In the third quarter, hedge funds lost 5.5% and nearly every style index lost money1. On the one hand, you might look at this and think, of course hedge funds lost money; markets were down. On the other hand, if hedge funds were primarily alpha generators you would not expect to see this result. If hedge funds were primarily generating alpha you would expect something closer to a random outcome: an equal chance of a gain or loss in any given quarter, regardless of market direction. When you see significant losses in a down market it tells you that there is probably still a lot of beta in hedge fund returns.

Einhorn Comments Send $GMCR Down Monday (FINAlternatives)

David Einhorn of Greenlight Capital sent shares of Green Mountain Coffee Roasters’ tumbling on Monday when he criticized it for a lack of transparency and for capital spending that has outpaced the growth of its business. Speaking during the Value Investing Congress in New York, Einhorn said the company has a “looming patent issue” on its single-serve K cups, a “litany of accounting questions,” and recent earnings that are “perhaps too good to be true,” reports Bloomberg.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

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 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!