Hedge Fund News: Whitney Tilson, Daniel Loeb & Ray Dalio

Page 1 of 2

Why Aren’t There More Female Hedge Fund Managers? (BusinessWeek)
Why aren’t there more women running hedge funds? The money’s good, and the lifestyle would seem to lend itself better to balancing family demands than more traditional Wall Street jobs, with less face time and greater emphasis on money-making rather than bonding on the golf-course… Over at DealBook, Whitney Tilson, one of the more thoughtful members of the hedge fund brotherhood, makes an attempt to answer the question of why his field continues to be so male-dominated. ”If women are, in general, better suited to be successful investors, then this is a strange market inefficiency,” Tilson writes. “It would be like discovering that tall people were vastly underrepresented in the NBA. What could possibly explain this?”

T2 PARTNERS

How Meditation Makes Ray Dalio Feel ‘Like A Ninja In A Fight’ (BusinessInsider)
Billionaire Ray Dalio, the founder of hedge fund behemoth Bridgewater Associates, has been practicing Transcendental Meditation (TM) for 42 years. “Meditation, more than any other factor, has been the reason for what success I’ve had.” Dalio spoke at a Transcendental Meditation Town Hall last night at the AXA Equitable Building in Midtown Manhattan along with other leaders and celebrities. Money from the event will go toward teaching at-risk youth and veterans meditation.

FCA Insider Trading Probe Sees Julian Rifat Bailed Until May (IBTimes)
Julian Rifat, a former hedge fund trader who appeared at Southwark Crown Court answering eight counts of insider trading, will return to court in May. Rifat, formerly an execution trader at Moore Capital Management, remains on unconditional bail until the next hearing, when he is expected to enter a plea. He was originally arrested back in 2010 as part of the Financial Conduct Authority’s Operation Tabernula, which is thought to be the UK’s largest investigation into inside trading.

Blackstone Raises $1.4 Billion for Stakes in Hedge-Fund Managers (BusinessWeek)
The Blackstone Group L.P. (NYSE:BX), the world’s biggest manager of alternative assets such as real estate and private-equity funds, raised an initial $1.4 billion to buy stakes in hedge-fund firms, Vice Chairman Tom Hill said. Blackstone is seeking $3 billion for the strategy, which will target firms with $3 billion to $4 billion in assets, Hill said today at Credit Suisse Group AG (NYSE:CS)’s financial-services forum in Boca Raton, Florida. New York-based Blackstone is seeing opportunities to buy stakes at valuations of 4.5 to 5 times cash flow, he said.

Hedge funds enjoy January performance boost -SS&C (Reuters)
Hedge fund returns grew 1.39 percent in January, recovering from December’s four-month low and outperforming many leading developed market stock indexes, the SS&C Hedge Fund Performance Index showed. Funds also saw money trickle back in February, with SS&C’s separate GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions less redemptions, rising 0.94 percent, the financial software firm said in a statement. “Net flows were positive for the month, with subscriptions outpacing redemptions by two to one,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

Asian Hedge Fund Capital Hits Record US$112B (Finalternatives)
Total capital in Asian hedge funds has hit a record US$112.3 billion, according to the latest HFR data. Inflows and performance in late 2013/early 2014 drove total investor capital to surpass the record level set in 2007. Investors allocated US$4.2 billion of new capital to the region’s hedge funds in Q4 2013, the highest quarterly inflows since HFR began tracking in Q108. Full-year 2013 inflows totaled US$10.5 billion, also a calendar year record.

Hedge fund names Cliffs CEO candidate, to nominate new directors (Reuters)
An activist investor squaring off with Cliffs Natural Resources Inc (NYSE:CLF) named its preferred candidate to become chief executive of the hard-hit miner on Wednesday and said it planned to nominate a majority slate of directors for election to the board. Hedge fund Casablanca Capital, which owns about 5.2 percent of Cliffs, said it is backing Lourenco Goncalves, former chief executive of Metals USA, to take the top job at Cliffs.

Blue chip market is still the US: Lee (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

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

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

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!