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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

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!