Hedge Fund News: John Paulson, Marc Faber & Warren Buffett

Page 1 of 2

Hedge Funds Dodge Brunt of Selloff as Dalio to Paulson Gain (BusinessWeek)
Hedge funds held up better than global stocks last month, falling an average of 0.1 percent as equities slumped amid a selloff in emerging-market currencies and signs of weakness in China. Ray Dalio’s Bridgewater Associates LP rose 1.1 percent as of Jan. 28 at its Pure Alpha II fund, and John Paulson posted gains in all his main funds in the month, according to people familiar with the matter. Global stocks declined 4 percent for the full month, including reinvested dividends.

best gold ETF

Baupost Returns 15% (Finalternatives)
The Baupost Group enjoyed its best year in four in 2013. The Boston-based hedge fund returned 15% last year, Alpha magazine reports. The return easily topped the average hedge fund, which rose in the mid- to high-single digits, but was only half of the return posted by the Standard & Poor’s 500 Index. One reason for the lag is that Baupost kept about 40% of its assets in cash last year, leaving it on the sidelines even as stocks soared. The $26 billion firm wasn’t thrilled with the opportunity set in the current market, and returned $4 billion to investors in December.

Eighth SAC employee convicted of insider trading (WestFairOnline)
An eighth SAC Capital hedge fund employee was found guilty of insider trading by a federal jury in Manhattan Thursday. The jury convicted Mathew Martoma, a former SAC portfolio manager, of illegally trading on confidential information with regards to a clinic trial for an Alzheimer’s drug. The deal earned SAC $275 million. With two counts of securities fraud and one count of conspiracy, a prison sentence of seven to 10 years is expected for Martoma, according to the New York Times.

Two Sigma Suspends Surveys of Stock Analysts (WSJ)
Hedge-fund firm Two Sigma Investments LLC has suspended a survey program intended to garner information about companies from stock analysts, following a similar move by asset manager BlackRock, Inc. (NYSE:BLK) last month under a settlement with New York. The New York-based Two Sigma decided to suspend its survey program in mid-January, shortly after BlackRock’s agreement with New York Attorney General Eric Schneiderman was announced. The attorney general’s office had issued a subpoena to Two Sigma last year, the firm said, as the state was taking a broader look at such surveys.

Hedge funds protect the downside in January (PIOnline)
Critics of the industry who cite increasing correlations between hedge fund returns and overall equity markets during the recent bull market will be upset to see they actually appear to be what their name implies – hedged. In January eVestment’s aggregate hedge fund performance measure was down 0.56% for the month. Market neutral equity strategies were up 0.22% and long/short strategies were down 0.28%. The S&P 500 returned -3.46%, while the MSCI ACWI ex-U.S. was down more than 4.5%.

Buffett Leads Money Manager Protege in 10-Year Market Wager (MoneyNews)
Berkshire Hathaway Inc. (NYSE:BRK.A) CEO Warren Buffett leads New York money manager Protege Partners six years into their 10-year, $1.27 million financial market bet. Buffett wagered that Vanguard 500 Admiral fund, which tracks the Standard & Poor’s 500 Index, would beat the average returns of five hedge funds of funds chosen by Protege, Fortune reports. The Vanguard fund rose 43.8 percent in the six years ended Dec. 31, compared with an estimated 12.5 percent for the five Protege funds, according to the magazine.

Hedge funds & the Japanese trade (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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

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!