Hedge Fund News: Dan Loeb, Carl Icahn & BP Capital

Macquarie Alumnus Plans Global Hedge Fund (Finalternatives)
Gerald Kok, a former fund manager at Macquarie Group, is readying his own hedge fund. GSK Global Fund will invest in U.S. and Asia-Pacfic firms going through corporate events like mergers or divestments and with share prices running at a significant discount to fair value, Kok told Bloomberg. Kok runs Singapore-based G&S Asset Management with Susan Xiao who will also launch a fund this year. Together, the two funds will manage $10 million.

Soy, sugar drive hedge fund sell-off in ags (AgriMoney)
Hedge funds came close to their first net short position in soybeans since 2011, but proved surprisingly reluctant to sell down corn, as they drove their bullish bets on agricultural commodities to the lowest in five months. Managed money, a proxy for speculators, cut its net long position in futures and options in the top 13 US-traded agricultural commodities, from cotton to live cattle, by more than 86,000 contracts in the week to last Tuesday, according to data from the Commodity Futures Trading Commission regulator.

Boone Pickens’ OSU donations vs. price paid for each NFL team (TulsaWorld)
It’d be a gross understatement to say that business magnate and financier T. Boone Pickens has been generous toward the athletic program at his alma mater of Oklahoma State. Of the reported $500 million that Pickens has donated to OSU, half has gone toward Cowboys athletics. That $250 million is more than all but 10 NFL teams sold for. Even Pickens’ good friend, Jerry Jones, paid $100 million less for the Dallas Cowboys when he bought “America’s Team” in 1989.

Jim Rogers reveals his Singapore investment strategy (Yahoo)
Author and famed investor Jim Rogers picked what he sure knows a lot about when asked to choose the one investment he would make in Singapore now. “Well, it would be my little girls. They are very important to me,” the 71-year-old American told Yahoo Singapore last week in a phone interview in which he shared some investing tips. The author of five investment books, the latest one titled Street Smarts, Rogers started a family late in life. He was 60 when he had the first of his two daughters with wife, Paige Parker…

Activist investor lowers stake in PHH Corp. after sale (BizJournals)
Activist investor Orange Capital has drastically cut its stake in PHH Corporation (NYSE:PHH) less than a week after PHH sold its auto fleet leasing business, PHH Arval, for roughly $1.4 billion to Canadian equipment finance company Element Financial Corp, according to an SEC filing. The filing says that hedge fund now holds 1.65 million shares in Mount Laurel-based PHH, a major drop from the 4.11 million shares it previously held. Orange Capital led a group of activist investors last fall that sought to have PHH split or sell its two main business lines, auto fleet and mortgage…

Recommended Reading:

Amici Capital Increases Holding Of Norcraft Companies Inc (NCFT)

John Paulson Reduces Exposure To CNO Financial Group Inc (CNO)

Ken Griffin And Citadel Further Increase Stake In PHH Corporation (PHH)

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

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!