June 27, 2017

Baupost Group Founder Between a Rock and Hard Place

A proposed limestone quarry in Ontario, like this one in Virginia, puts the Baupost Group founder between a rock and a hard place with local residents.

Seth Klarman runs the 11th-largest hedge fund with $24 billion under management. He’s not being conservative with that tidy sum under his care. Klarman wants to transform 2,300 acres of Canadian farmland into a limestone mine writes Scott Cendrowski in Fortune. The people of Melancthon, Ontario, however, raise environmental, health, and aesthetic concerns. They say […]

For Women Hedge Fund Managers, Luck Be a Lady

Lady Liberty on a 20th century gold coin

According to James Brown, it’s a man’s man’s man’s world. He certainly was right regarding the management of hedge funds. Much like the financial industry in general, it can feel like an all-boys club. Lisa Du at businessinsider.com sheds some light on women who are making waves – and doing better than their male competition. […]

3 Reasons to Avoid Gold Like the Plague

The hedge fund manager of Tiberius Group gave 3 reasons to avoid gold like the plague. Despite gold’s surge, Christoph Eibl, manager of the Swiss commodities hedge fund, says the metal should plunge when fundamentals catch up to it, reports Frank Tang at Reuters. Tiberius manages $2 billion in commodities futures, bets on the future […]

Gold Helps Hedge Funds During August Turmoil In Equities

Gold helps hedge funds during global turmoil in equities

Bloomberg reports that record gold prices propped up hedge funds during August’s rout in global equities. Hedge funds run by Orix Investment Corp., Superfund and Four Elements Capital Management Pte benefited from the surge in gold last month, weathering the U.S. sovereign downgrade and Europe‚Äôs deepening debt crisis. The Orix Commodities Fund, which uses computer […]