Hedge Fund News: Warren Buffett, Paul Singer, Herbalife Ltd (HLF)

Page 1 of 2

BERKSHIRE HATHAWAYHedge Fund Founder Warren Buffett On Women In Investing (HedgeCo)
Hedge fund founder and investor extraordinaire Warren Buffett had a few words to say about women in investing over at UK newspaper The Telegraph. “As fears grow that the United States is preparing to plunge over the “fiscal cliff”, the octogenarian philanthropist said he expected a deal to be reached to avoid automatic austerity measures kicking in. But over the longer term he said he was particularly optimistic about prospects for the US because the country was finally beginning to harness the full potential of women…. He said affording women the same prospects to succeed as men was key to a bright economic future. “[It is] one of the things that make me so optimistic about the future.” The Telegraph reports.

Man’s FRM Capital Advisors launches strategic relationship with Japan focused hedge fund (Opalesque)
FRM Capital Advisors (FCA), the seeding division of FRM, Man Group plc‘s (Man) fund of hedge fund division, has entered into a strategic relationship with a Japan focused hedge fund. FCA will make a significant investment in a fund launched by Arena Capital Management Limited (“Arena”), a Hong Kong based investment advisor. Arena, established in May 2012 by Toby Bartlett (CIO), manages a Japanese Long-Short Equity strategy focusing on domestic demand sectors, constructed with a factor neutral pair trading book. Joining Mr Bartlett at Arena are Greg McLaughlin (COO), Ayumu Kuroda (Head of Trading and Risk Systems) and Yukimi Oda (Research Analyst).

Hedge fund managers say investors are constantly faced with information overload (Opalesque)
Investors are faced with the constant problem of information overload and bombarded with incessant inflow of short term information that influences their long term perspective, declared Mark Levas, the Founder and Senior Managing Principal of the Olympian Group of Investment Management Companies. Levas made the statement at the latest Opalesque Florida Roundtable sponsored by Wells Fargo & Company (NYSE:WFC) and Eurex. The Roundtable was attended by major hedge fund managers and took place on December 2012 at Wells Fargo’s Miami office.

Hedge funder smack (NYPost)
Big-bucks Manhattan hedge-fund chief Jay Goldman gave his unlicensed son the keys to the family Land Rover, and the kid promptly crashed it into a tree — leaving a pal paralyzed after a post-Hurricane Sandy joyride, a lawsuit claims. Alejandro Bocija Nova, 15, of Spain, sustained “severe and permanent personal injuries, including quadriplegia,” when pal Asher Cole Goldman, 16, who did not have a driver’s license, took the SUV onto the darkened, rain-slicked streets of East Williston, LI, on Oct. 31 at about 3 a.m., the Manhattan Supreme Court suit alleges.

Fixed income most popular Ucits hedge fund strategy in 2012, says Alix Capital (HedgeWeek)
More than half the inflows into Ucits hedge funds (EUR13.2bn) were allocated to fixed income strategies during 2012, followed by macro strategies (EUR5.8bn), according to data released by Alix Capital. The latest quarterly research by the Geneva-based provider of the Ucits Alternatives Index also found that Ucits hedge funds assets under management (AUM) increased by 20 per cent in 2012 reaching a new high of EUR140bn.

FSA bans fund manager and two traders for market abuse (MoneyMarketing)
The FSA has banned a Swiss fund manager and two traders for market abuse and hit them with fines totalling more than £1.5m. Stefan Chaligné, a Swiss-based hedge-fund manager, has been fined £900,000 plus £308,005 of extra financial benefit he gained. Patrick Sejean, a former senior salesman on Cantor Fitzgerald Europe’s London-based French desk, has been fined £650,000. Both individuals have also been banned.

2nd Circ. Doubtful Of Hedge Fund Suit Against Anglo Irish (Law360)
A Second Circuit panel suggested Wednesday that it would not likely revive a hedge fund’s suit over the nationalization of Anglo Irish Bank Corp., expressing doubt about the whether the law permits the court to override Irish sovereignty. The older than 60-year-old Treaty of Friendship, Commerce and Navigation between Ireland and the U.S., in which Ireland said it would not challenge lawsuits in U.S. courts, will likely not override U.S. law preventing suits against foreign sovereigns, a judge said at oral arguments. Fir Tree Capital Opportunity…

Women are making gains in finance (TheRepublic)
After covering women in finance for almost two decades, I smell a revolution in the works. — Two new surveys show women are kicking the behinds of the financial industry’s male-dominated hierarchy. A report released earlier this month by the financial-services firm Rothstein Kass reveals that female hedge-fund managers leveraged an average 8.9 percent return in the third quarter of 2012. A separate report from Hedge Fund Research showed that, globally, hedge funds averaged a mere 2.69 percent return during the same period.

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

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

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways 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

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

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!