Hedge Fund News: Daniel Loeb, Crispin Odey & Julian Robertson

Page 1 of 2

Loeb’s hedge fund outperforms peers with returns 25.2% returns in 2013 (Venture Capital Post)
Daniel Loeb, the activist investor and hedge fund manager, led rivals in 2013 as his flagship fund gained 25.2%, Reuters reported. With bets made on Greek bonds, blue-chip US stocks and the economic recovery in Japan, Loeb’s $14 billion firm Third Point has been one of the top performers in the industry for past few years now. Citing a client who got a performance update from Loeb on Thursday, the report said the Third Point Offshore fund posted a 2.3% gain in December. The Third Point Ultra fund gained much higher at 3.4% in the same period and ended the year up 37.9%. The Ultra fund is a smaller fund that utilizes borrowed money to increase returns.

what is a hedge fund

Hedge fund chief cashes in with £13.5m ‘bet’ on United’s share price crash under Moyes (Daily Mail)
When the final whistle blew at Old Trafford on New Year’s Day, one guru of high finance would have been cheering Tottenham Hotspur’s victory just as wildly as the travelling support. Multi-millionaire Crispin Odey owns a hedge fund, a type of investment vehicle that seeks out opportunities to make a quick return for clients. And in December, his firm Odey Asset Management made a £13.5million bet that Manchester United’s poor performance would prove more than just a blip. Odey took out a ‘short position’ on Manchester United PLC (NYSE:MANU)’s shares on the New York Stock Exchange, effectively a huge bet on the champions’ decline.

Tiger Seeding Fund Returns 22% (FINalternatives)
Julian Robertson‘s unerring eye for investing talent paid big dividends for investors last year. Tiger Management’s $450 million Accelerator Fund, a two-year-old seeding fund that invests alongside Robertson, was up 22.6% last year through the middle of December. The fund invests in six hedge fund managers. Many of the hedge fund world’s luminaries got their start under Robertson at Tiger, and launched their own funds with his help. Robertson, who closed his hedge fund in 2000, has seeded about 40 so-called “Tiger cubs.”

What Hedge Funds Think About AT&T Inc. (NYSE:T) (WallStreetPR)
It is always important for everyday investors to know what their institutional counterparts think about the stocks they are holding. Over the past 12 months AT&T Inc. (NYSE:T) witnessed interesting hedge fund trading. AQR Capital Management, managed by Cliff Asness, was also long in the stock, holding $144.2 million stake, thus constituting 0.5 percent of its stock portfolio. It is important to note that fund managers Adam Weiss and D. E. Shaw through their investment vehicles Scout Capital Management and D E Shaw respectively, are also long in AT&T Inc.

NexPoint Credit Strategies Fund Announces the Regular Monthly Dividend (MarketWatch)
Nexpoint Credit Strategies Fund (NYSE:NHF) (“NHF” or the “Fund”) today announced its regular monthly dividend on its common stock. A dividend of $.050 per share will be payable on the last business day of January to shareholders of record at the close of business January 24, 2014. As of December 31, 2013, the Trust had estimated undistributed net investment income of approximately $8.0 million (unaudited). The Fund is a closed-end fund managed by NexPoint Advisors, L.P. (the “Manager”), an affiliated adviser of Highland Capital Management, L.P. The Fund invests primarily in below investment grade debt and equity and has the ability to hedge risk. The Manager attempts to deliver consistent returns in excess of the Credit Suisse Hedge Fund and the HFRX Global Hedge Fund indices in a transparent, registered fund format with consistent monthly dividends.

Hedge funds’ 2014 playbooks (CNBC.com)

Page 1 of 2
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

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools 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!