Here Are The Investing Giants That Built The Hedge Fund World As We Know It
The government has clamped down on Wall Street banks, but that doesn't mean money goes to sleep. In a shift decades in the making, the hedge fund world has exploded in size, filling the void banks have...
View ArticleThe SEC Is Reportedly Looking Into Mutual Funds That Look Like Hedge Funds
(Reuters) - The Securities and Exchange Commission has launched a broad examination of alternative mutual funds, the Wall Street Journal reported, citing people familiar with the matter.The so-called...
View ArticleGet Ready To Buy Bill Ackman
Bill Ackman is takin a piece of his hedge fund, Pershing Square, public, Bloomberg reports.In a letter to investors, published at Valuewalk, the billionaire wrote that he sees one of his fund's going...
View ArticleCheck Out This Crazy Argentine Propaganda Poster With An American Judge's...
Political theater in Argentina is reaching a fever pitch, and you need only check out this picture of American Judge Thomas Griesa's head on the body of a vulture to get a sense of how intense things...
View ArticleThe Argentina Rescue Mission Has Failed
It seemed like Argentina's best hope for getting out of default — a group of banks willing to buy over $1.3 billion of sovereign debt from the hedge fund creditors that sued The Republic for a decade...
View ArticleThe SEC Is Looking Into Bill Ackman's Big Allergan Deal
The SEC is investigating Bill Ackman and Canadian pharmaceutical company Valeant for their hostile pursuit of Allergan , another pharmaceutical company, according to a report by Dow Jones.Allergan has...
View ArticleChase Coleman's Tiger Global Picked Up A Stake In Netflix, Dumped Kate Spade
Chase Coleman's Tiger Global Management sold off its entire stakes in Kate Spade and Soda Stream and picked up a new stake in Netflix.The fund also upped its stakes in Zillow and 3D Systems, according...
View ArticlePaul Singer's Next Trick Could Make The Argentine Government Way Angrier Than...
In October of 2012 hedge fund manager Paul Singer pulled off a stunning trick. As collateral for a decade-long, billion dollar debt, he convinced a Ghanaian Court to impound an Argentine military...
View ArticleHedge Funds Are Trying To Get In Fiat-Chrysler CEO Sergio Marchionne's Head
Hedge funds are shorting Fiat's stock, as doubts emerge that a full merger with Chrysler will happen on schedule."Hedge funds Marshall Wace LLP, Odey Asset Management LLP and Adage Capital Partners GP...
View ArticleGeorge Soros Sometimes Changes Market Positions When His Back Hurts
It’s something that the pastor don’t preachIt’s something that a teacher can’t teach- Kanye West, ‘No Church in the Wild’ I met with a money manager earlier this year who walked my colleagues and I...
View ArticleCHANOS: 'Corporate America Is Not Growing'
Add Jim Chanos' to the number of voices worried that American companies are running out of gas and in need of real consumer demand to create revenue.In an interview with Bloomberg's Masters in...
View ArticleArgentina Is Going Rogue
Muted headlines about bond swaps aren't doing justice to the announcement made Tuesday night by Argentina's president.With her attempt to pass a law nullifying a U.S. Court's ruling that the country...
View ArticleHere Are 50 Stocks That Big Hedge Funds Love Most (AAPL, ACT, IEP, AGN, MSFT,...
FactSet is out with its quarterly report on which 50 stocks are most widely held by the 50 largest hedge funds.According to their research, FactSet found that these funds increased their equity...
View ArticleCarl Icahn Just Disclosed A Huge Stake In Hertz (HTZ)
Billionaire investor Carl Icahn has just disclosed a huge stake in car rental company Hertz. According to the 13-D regulatory filing, Icahn owns 38,800,000 shares of Hertz (including underlying call...
View ArticleHedge Fund Bonuses Got Whacked In London
Remember that time you thought you might want to move to a fund in London?Maybe reconsider.Bloomberg reports that bonuses for hedge fund employees have dropped 94% since 2012, according to data...
View ArticleThe 50 Stocks Hedge Funds Are Shorting Like Crazy
Goldman Sachs' 'Hedge Fund Trend Monitor' report is out, and as usual it includes a list of the 50 stocks most shorted by hedge funds.The stocks listed are "not based on 13-F holdings", nor is this a...
View ArticleThe Judge In The Argentina Vs. Hedge Funds Case Just Exposed A Big Weakness
When Judge Thomas Griesa called Argentina and its lawyers into a special hearing today, the word was that he would likely find the country in contempt of Court.But he didn't, and it's not hard to...
View ArticleBill Ackman Just Made Another $161 Million On Burger King
Hedge fund manager Bill Ackman, who runs Pershing Square Capital, is having a big day. He made more than $161 million on his Burger King stake Monday morning.The news ahead of the rise was that U.S....
View ArticleCarl Icahn's Joke Tweet About The Ice Bucket Challenge Caused Herbalife To Spike
Shares of Herbalife surged after a Carl Icahn Tweet dissing an "Ice Bucket Challenge" request from Jefferies' CEO. To Rich Handler, will get back to you shortly on #ALSChallenge, but right now too busy...
View ArticleMeet The 16-Year-Old US Open Tennis Phenom Backed By Bill Ackman
Hedge fund titan Bill Ackman, the CEO of $14 billion Pershing Square Capital, is sponsoring 16-year-old tennis phenom Francis Tiafoe.Tiafoe, a top-ranked junior, won his first Grand Slam main-draw...
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