Hedge Fund News: Larry Robbins, Ken Griffin & Winton Capital Management

Page 1 of 2

Hedge fund manager Winton Capital making headway with long-only strategy (PIOnline)
North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder’s goal of becoming a $100 billion company. …Winton Capital managed $25.5 billion as of June 30. The vast majority of the assets are in lucrative managed futures hedge funds for investors that include the $130 billion Teacher Retirement System of Texas, Austin; the £15.6 billion ($26.7 billion) Pension Protection Fund, London; the A$96.6 billion (U.S. $90.9 billion) Australian Future Fund, Melbourne; and the $23 billion Texas County & District Retirement System, Austin.

David Harding

Hedge funds used ‘dubious’ means to bypass tax rules, senators say (TheGuardian)
More than a dozen hedge funds, with assistance of Barclays and Deutsche Bank AG (USA) (NYSE:DB), used “dubious” financial products to claim billions in unjustified tax savings and circumvent rules meant to limit risky bets, a Senate subcommittee investigation has found. The Senate permanent subcommittee on investigations (PSI) released a report on its investigations on Monday, before a hearing on Tuesday. The PSI has been investigating a series of tax avoidance schemes by companies including Apple Inc. (NASDAQ:AAPL) and Caterpillar Inc. (NYSE:CAT).

Griffin ‘Can’t See’ Political Run As Ex-Titan Exec. Seeks Nashville Mayoralty (Finalternatives)
Hedge-fund heavyweight Kenneth Griffin has no political ambitions, but another industry veteran is hoping to lead his hometown. The Citadel Investment Group founder has played an outsized role in this year’s gubernatorial campaign in Illinois, donating more than $3.5 million to Republican challenger Bruce Rauner. The contributions include the state’s single-largest ever, a $2.5 million check cut last month. But Griffin said he expects that giving—and giving generously—is as far as he’ll go in politics.

Napier Park nears independence as Citigroup withdraws capital (FT)
Citigroup Inc (NYSE:C)’s $6bn hedge fund spin-off Napier Park took a further step towards independence on Tuesday as the US bank removed the last remnants of proprietary capital invested in its funds. Citi started its $2.4bn redemption schedule in March last year as the bank sought to comply with the Volcker rule, which bans proprietary trading as well as sponsoring or retaining ownership interest in a hedge fund or private equity fund. “It’s a major milestone for us,” Jim O’Brien, senior managing partner of Napier Park told the Financial Times. “It confirms the viability of the business.”

Cash Crops With Dividends: Financiers Transforming Strawberries Into Securities (NYTimes)
His boots were caked with mud when Thomas S. T. Gimbel, a longtime hedge fund executive, slipped in a strawberry patch. It was the plumpness of a strawberry that had distracted him. Mr. Gimbel, who once headed the hedge fund division of Credit Suisse Group AG (NYSE:CS), now spends more time discussing crop yields than stock or bond yields. He is the man on the ground for a group of investors — including New York’s biggest real estate dynasty, two Florida sugar barons and the founder of a multibillion-dollar investment firm — who have been buying up farms across the United States through a real estate investment trust called the American Farmland Company.

Senate scrutinizes hedge 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

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

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

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!