Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund News: Nelson Peltz, Boaz Weinstein & Tiger Global Management LLC

Break up Du Pont: Trian Fund (GantDaily)
In a letter sent to DuPont’s Board of Directors, Trian Fund Management LP urged that DuPont be split up in order to be more competitive. The hedge fund established by billionaire Nelson Peltz, lauded the recent efforts of the company to shed non-core businesses, but said more needs to be done. This is but another sample of an activist investor stirring things up in order to bring change to help in driving up the value of the shares owned…


Adidas shares jump on report of hedge fund activism (Reuters)
Shares in sportswear maker adidas AG (ADR) (OTCMKTS:ADDYY) jumped on Wednesday on a report that a group of hedge funds is seeking to buy a stake to pressure management to make sweeping changes, although one of the funds dismissed this. Germany’s manager magazin said hedge funds including Knight Vinke, Third Point and TCI were considering buying stake in the world’s second-largest sportswear company, driving a 4 percent jump in its shares.

Emerging hedge fund managers lead industry gains (Opalesque)
Emerging hedge fund managers have led industry performance over the past year, as equity markets have extended gains, investor risk tolerance has escalated and total hedge fund capital has increased to a record level. Emerging hedge fund managers with a track record of less than two years have posted an average gain of +11.3 percent in the trailing 12 months ending 2Q14, topping the gain of +9.1 percent for the HFRI Fund Weighted Composite, as reported in the latest HFR® Market Microstructure Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Saba Fund Drops as Weinstein Heads for Third Losing Year (BusinessWeek)
Hedge-fund manager Boaz Weinstein posted declines for a seventh straight month in August as his firm heads for a third year of losses. His Saba Capital Management LP fell 1.6 percent last month in its credit fund, according to an investor letter obtained by Bloomberg News. The fund climbed 0.6 percent this month through Sept. 12, curbing its annual decline to 4.5 percent, according to a separate client update. Weinstein, the former co-head of Deutsche Bank AG (USA) (NYSE:DB)’s credit business, started Saba in 2009 to exploit swings in market prices.

Capita Buys Hedge Fund Services Specialist Throgmorton (Finalternatives)
Capita Asset Services has acquired hedge fund service provider Throgmorton for an undisclosed amount. Throgmorton is one of the leading specialist accountancy and back office service providers to the financial services industry, with a particular focus on the alternative asset management sector. Its clients include more than 300 hedge fund managers, private equity firms and corporate finance boutiques both in the UK and the U.S. It was established in 1999 to provide outsourced company secretarial services and now also offers accounting, tax, HR, payroll and health & safety services.

Nightly Business Report: Public pensions & hedge funds (YouTube)

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
This is a FREE report from Insider Monkey. Credit Card is NOT required.