Hedge Fund News: Warren Buffett, John Paulson & Jeffrey Ubben

Page 1 of 2

Schroders seeks Paulson-like ‘opportunities’ (Financial News)
Assets under management have hit a record high at Schroders and the firm has hedge funds in its sights, recently raising funds for veteran investor John Paulson. The news comes as the UK asset manager is looking to further expand its alternative investment GAIA – Global Alternatives Investor Access – platform. This week, Schroders announced that it was launching Schroder GAIA Paulson Merger Arbitrage fund, which will be externally managed by Paulson, the man best-known for making huge gains from the collapse of the sub-prime mortgage market.

PAULSON & CO

Warren Buffet is still the master (Market Intelligence Center)
This Saturday, May 3, the hottest show in the country, and the hardest for which to score a ticket, will be Berkshire Hathaway Inc. (NYSE:BRK.A)’s Annual Shareholder Meeting, held in Omaha, Nebraska. Everyone will be there for the same reason: to bask in the presence of the master investor, Warren Buffett, who’s patient investment strategy is enjoying a recent surge in credibility, thanks to a market that now seems determined to burn the wings off of every high-flying Icarus stock. It always feels a bit odd to defend Buffet; his record calls for celebration, not defense. Nevertheless, Buffet is very successful and very high-profile, so if a shot can be taken at him, it always is.

Hedge honcho: Activists killing ‘golden goose’ (CNBC.com)
Jeffrey Ubben, founder of $14 billion activist hedge fund firm ValueAct Capital, believes that some of his fellow corporate agitators are doing undue harm to companies. “We better be careful we don’t kill the golden goose. I think the media has to call out some of this stuff and not just celebrate the quote unquote victories of activist investors,” Ubben said Tuesday on an activist investment panel at the Milken Institute Global Conference in Los Angeles. “Companies might want to push back more because there is some bad behavior going on.” Ubben cited Keith Meister‘s recent investment via Corvex in security company ADT Corp (NYSE:ADT) as an example of destructive activism.

MHR Fund Management Increased its Stake in Titan International Inc (TWI) (Insider Monkey)
For the fourth time in the past three months, Mark Rachesky‘s MHR Fund Management reveals an increased stake in Titan International Inc (NYSE:TWI). A recent filing with the Securities and Exchange Commission shows that the fund’s current position amounts to 7.00 million shares – 13.10% of the company’s common stock, up from the previously held 6.17 million. In 2012, Titan Tire Corporation acquired Goodyear’s Latin American farm tire business in Sao Paulo, Brazil. The next year, Titan International, in partnership with the Russian Direct Investment Fund and One Equity Partners, the company closed a $94.00 million acquisition of 85.00% interest in Voltyre-Prom, a Russian producer of agricultural and industrial tires.

Hedge-Fund Startups Adapt to New Singapore Rules: Southeast Asia (Bloomberg)
When Gaurav Bansal’s lawyers told him about Singapore’s tightened hedge-fund rules introduced in August 2012, he faced the prospect of spiraling costs to meet the demands for starting his own fund. The solution was to sign up with Swiss-Asia Financial Services Pte, which provides infrastructure, office space and services to meet compliance requirements and is licensed by the Monetary Authority of Singapore. “The regulatory change threw a spanner in the works,” said Bansal, 40, who started his Salmon Global Fund with $4 million of assets in March under the Swiss-Asia Financial umbrella. “They really came to my rescue.”

David Einhorn’s Greenlight Capital up 4.3 percent in April: sources (Reuters)
David Einhorn‘s Greenlight Capital Inc. posted returns of 4.3 percent in April, owing to his short bets against high-flying momentum stocks and its holdings of Apple Inc. (NASDAQ:AAPL) and Micron Technology, Inc. (NASDAQ:MU), according to sources familiar with the hedge fund on Thursday. The April gains brought the $10 billion hedge fund’s gains to 3.1 percent for this year to date. Greenlight, which was down 1.5 percent in the first quarter, said in a letter last week that the hedge fund had started shorting a group of momentum stocks that the firm did not identify.

Have central bank meetings become non events? (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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

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

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

The 10 Biggest Tax Havens in the World to Stash Your Money

The 15 Most Murderous Countries in the World

10 Largest Colleges in the World: Bigger Isn’t Always Better

Comedians in Cars Getting Coffee: The 6 Comedians Seinfeld Needs to Interview

Easy Money: The 10 Most Successful Investors in the World Today

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!