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: Paul Singer, SG Capital Management, Citigroup Inc. (C)

Funds rush to dodge new European rules (Financial Times)
A controversial hedge fund-lite structure looks likely to survive, despite a regulatory clampdown that has claimed its first victim. Cantab Capital Partners, a $5.5bn systematic global macro manager, last week announced the imminent closure of its only onshore Ucits fund as a result of pressure from European regulators. However, fund promoters are restructuring a swath of similar funds, advised by groups such as Winton Capital, Man Group and Aspect Capital, to get around new rules imposed by the European Securities and Markets Authority.

Asia’s Best Analyst: India (Wall Street Journal)
As India’s benchmark Sensex index returned 26% in 2012, Amit Anwani, an analyst at a little-known brokerage firm, doubled investors’ money with a bet on midcap real-estate stocks. Mr. Anwani, who works at Mumbai-based Kantilal Chhaganlal Securities Pvt., said his best calls were on regional real-estate companies Sobha Developers Ltd. – which rose 92% under his buy call last year – and Housing Development & Infrastructure Ltd., which he rated a buy throughout the year as it more than doubled. Mr. Anwani covers midcap companies, with a focus on capital goods, real estate and construction.

Reuters: Detroit’s municipal debt attracting hedge fund ‘vultures’ (
Hedge funds have found success in the last two decades in corporate bankruptcies, but now they have set their sights on struggling municipalities, “and no place beckons like Detroit,” according to a report in Reuters called “Analysis: Hedge funds in search of distress take a look at Detroit.” With Detroit’s billions of dollars in long-term debt, Reuters notes that the city’s bankruptcy would be comparable to some of the largest corporate restructurings, should it go down that route. The size of Detroit’s debt means that the hedge funds could take large chunks of it at time – hundreds of millions of dollars – making it a more attractive investment.

5 Stocks This Growth-Oriented Hedge Fund Is Most Committed To (Seeking Alpha)
Bluefin Investment Management is a value-oriented hedge fund founded and managed by Brian K. Russell. During the first quarter of 2013, they have made important changes in their equity portfolio, which can be approximated thanks to their latest 13F filing with the SEC. The fund’s new lead equity investment is in a biotech player, closely followed by a popular apparel stock. The biggest position in Bluefin’s latest 13F is Sequenom, Inc. (NASDAQ:SQNM), a biotechnology firm. The hedge fund has increased its stake in Sequenom by 20% quarter-over-quarter. The reported value of their investment is approximately $10 million.

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.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.