Hedge Fund News: Stanley Druckenmiller, John Paulson & Starboard Value LP

Page 1 of 2

Some Top Money Managers Push for Fed to Start Raising Interest Rates (NYTimes)
The Fed is out of step with Wall Street, say some of the country’s wealthiest investors. If there was one thing that hedge fund managers kept coming back to time and time again at the CNBC Delivering Alpha conference on Wednesday, it was that the Federal Reserve should start thinking about raising rates. That was the message from the financier Stanley F. Druckenmiller, who said the time had passed for the Fed to keep interest rates near record low levels to revive the economy…

DUQUESNE CAPITAL

EddieLampert.com Salesman Offering Ackman-Related Websites (Finalternatives)
Bill Ackman may have given Jeff Klaips a moment of his time—but he’s not giving him any money for Klaips’ two Ackman-related internet domain names. Klaips bought BillAckman.com and WilliamAckman.com in 2007. Two years later, he was offering them for $10,000 each. Now, he’ll take just $4,900 for both of them, according to Absolute Return—but Ackman isn’t biting. Klaips, who runs a suburban Chicago construction clean-up company, worked the trick earlier this year, selling EddieLampert.com to the hedge fund manager’s ESL Investments for $4,200. Klaips had bought the domain 10 years ago.

Hedge fund manager Cooperman says market gains will slow (Reuters)
Hedge fund manager Leon Cooperman, who has forecast that the Standard & Poor’s 500 stock index will hit 2000 this year, cautioned on Wednesday that gains will be slower as the market is more fairly valued now. “The markets finally found a fair level,” Cooperman, who runs the $10.5 billion Omega Advisers, said at the CNBC Institutional Investor Delivering Alpha Conference. “I expect the rate of appreciation to slow.” he said. The S&P 500 traded at 1,977, up 0.2 percent on Wednesday.

John Paulson Sounds Confident That Valeant Will Win Its Takeover Bid Of Allergan (BusinessInsider)
Closely-followed hedge fund manager John Paulson sounded confident in a Valeant/Allergan deal at CNBC’s Delivering Alpha. Paulson, who has been running his fund for 20 years, said it’s a “very exciting time” to be involved in merger arbitrage right now. He added that his fund tries to identify who is going to be acquired. He recently disclosed a stake in Allergan, Inc. (NYSE:AGN), the maker of Botox. Pharma company Valeant is attempting to make a hostile bid for Allergan in stock and cash. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) has teamed up with hedge fund manager Bill Ackman, who runs Pershing Square, to pursue the takeover.

Investors Pour Almost $100B Into Hedge Funds In H1 (Finalternatives)
Hedge funds took in more money in H1 2014—$99.7 billion—than in all of 2013, according to new data from eVestment. In fact, investors poured more money ($65.3 billion) into equity strategies in H1 2014 than they put into all hedge funds in 2013 ($61.7 billion). Equity strategies now manage an estimated $997 billion. Hedge fund assets under management reached $3.032 trillion in June, as investors added $6.1 billion for the month—below the previous four-month average of $22 billion.

Long-only hedge funds hold key to emerging markets (Risk)
Since the 2008 financial crisis, investors have flocked to emerging markets (EMs) for return generation as developed markets (DMs) have faced low interest rates and slowing growth. A common institutional investor approach to EMs is to combine a long-only allocation with a long/short, hedged allocation. Much has been written about hedged investing, but less about approaches to implementing the long-only EM allocation.

Highlights from Delivering Alpha (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 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

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!