Hedge Fund News: Jeffrey Altman, Chris Hohn & Jim Chanos

Page 1 of 2

Altman Leads Hedge-Fund Managers Betting Stock Rally to Continue (SFGate)
Jeff Altman and John Paulson, two of last year’s best-performing hedge-fund managers, are predicting that stocks will continue their rally in 2014 even as the bull market approaches its sixth year. They’re among a number of top money managers betting markets are robust enough to weather a gradual reduction in the pace of the Federal Reserve’s asset purchases as the central bank signaled it will keep interest rates at their current low for the foreseeable future, according to interviews with more than half a dozen investors…

Jeffrey Altman

Global Hedge Fund Giant Sells UK’s TDX (HedgeCo)
The $10.5 billion global hedge fund investor, Investcorp, is selling the UK’s largest debt placement services and debt management platform company, TDX, to Equifax Inc. (NYSE:EFX), a global information solutions provider, for £200 million ($327 million). Through its technology fund, Investcorp Technology Partners III, Investcorp acquired a substantial minority stake in TDX in 2008, becoming the largest and only institutional shareholder alongside TDX’s three founders. “With our support, TDX has been able to realise its potential and has evolved from being a UK-focused operation to one with a growing international footprint.

Goldman Sachs Alumni Said to Open Japan Hedge Fund by March (SFGate)
Golvis Investment Pte, founded by three former Goldman Sachs Group, Inc. (NYSE:GS) managing directors, plans to open its Japan-focused multistrategy hedge fund to investors this quarter, said two people with knowledge of the matter. Golvis Asia Opportunities Fund returned almost 2 percent in the first two weeks of January, said the people, who asked not to be identified as the information is private. It started trading early this month with money from the Singapore-based company’s founding partners and employees. Ryan Collins, Golvis’s head of business development, declined to comment on the fund as it is private.

Shorts set to pounce as U.S. stocks seen pricey (TheGlobeAndMail)
After years of hiding under their desks, short sellers are re-emerging – slowly. Investors who make a living betting that stock prices will fall are happy to forget 2013: The S&P 500 gained nearly 30 per cent while Credit Suisse Group AG (NYSE:CS)’s index of hedge funds with a dedicated short bias lost 25 per cent. …Jim Chanos, president and founder of Kynikos Associates and one of the most prominent short sellers, said the market is primed for people like him and as a result he has gone out to raise capital. “Now I think is not a bad time to be raising capital for what we do. When we got a rough going in the mid-90s, that was exactly the time to raise capital,” Chanos said, adding it was better to do this when critics viewed him as “like the village idiot and not an evil genius.”

Hedge fund flow forecast to hit pre-crisis peak (AsianInvestor)
Institutional investor flows into hedge funds globally are set to hit highs not seen since before the global financial crisis, according to a survey of asset owners. It comes as the survey from Barclays Capital Solutions Group found that among regional institutions, Asian pensions led the pack when it came to hedge fund allocations in 2013, investing $108 billion throughout the year. Private banks followed at $105 billion. Looking ahead, hedge funds are forecast to receive institutional flows of $80 billion in 2014, the highest level since 2007, marking a rebound for an industry that has been “under a bit of a cloud” since Lehman Brothers filed for bankruptcy in September 2008, the survey finds.

UniCredit hands off risk to US fund Mariner Investment Group (FT)
A New York hedge fund group has persuaded US pension funds to take on some of the risk of lending to Italian infrastructure projects, in what it says could be a model for bringing new capital into the European economy. UniCredit, Italy’s largest bank by assets, will announce on Wednesday that it has done a deal with Mariner Investment Group to offload some of the default risk on a €910m portfolio of lending to energy and transport projects. The deal frees up capital that the bank would otherwise have to hold against the loans.

Regulation: Firms are closing funds (CNBC)

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 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

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

Top 6 Cities For The Ultra Rich to Live in Comfort

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

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!