December 16, 2017

Hedge Funds Need an Oil Change

Future hedge fund manager?

Today’s Wall Street Journal says hedge funds need an oil change. Some of the best and the brightest got caught up in the trade going the wrong way on them. CHRISTIAN BERTHELSEN, JULIET CHUNG and HARRIET AGNEW write: A wrong-way bet on global oil prices has hit some of the crude market’s most high-profile investment […]

Hedge Fund Titans Bill Ackman vs. Daniel Loeb, Round 2

Ingemar Johansson and Floyd Pattersson 1959

Call it Hedge Fund Titans Bill Ackman vs. Daniel Loeb, Round 2. The two managers are squaring off publicly over a stock, Herbalife (HLF). Juliet Chung at The Wall Street Journal explains the feud. Mr. Loeb’s hedge fund disclosed Wednesday it owns an 8.2% stake now valued at $350 million in nutrition-supplements company Herbalife Ltd. […]

At Goldman Sachs, The Real Money May Be in Seeding Hedge Funds

Lloyd Blankfein, Goldman Sachs's CEO and risk management expert, has found seeding hedge funds a safe alternative to internal funds

Goldman Sachs’s approach to hedge funds is changing. Liz Rappaport reports in the The Wall Street Journal that the firm is shifting its focus from its internal Goldman Sachs Asset Management, or GSAM, hedge funds and towards investing in new start-ups. Everyone knows great-performing hedge funds reap tremendous profits for its principals and many investment […]

Education May Be a Worse Bet Than You Thought

Harvard Law School

Hedge fund managers are known as overseers of investors’ alternative investments. One unusual area where some hedge funds are exploring is student loans. There has been debate in the past few years over whether the cost and benefit received from higher education is worth it. And from a report by Matt Wirz in The Wall […]

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. […]

Who Would Hedge Funds Vote For?

If the White House's job was up for election, who would hedge funds vote for?

If the election were held today, President Obama against Mitt Romney, who would hedge funds vote for? Bloomberg TV addressed the question with a simple answer. President Obama has distanced himself from his big Wall Street donors. Some of those include hedge fund managers who have actively turned to supporting the Republicans. So, who would […]

The Best Hedge Fund Managers Bet Against the World

Steve Cohen, SAC Capital's manager, is among the few hedge fund managers to post gains this year.

The biggest and the best hedge fund managers bet against the world to post gains this year, as the competition reels from losses. Included among the winners is SAC Capital, a $14 billion hedge fund run by Steve Cohen. SAC charges the highest fees in the industry of 3% of assets and 50% of gains […]

Consultants Feed Not-Quite Insider Information to Hedge Funds

Washington Intelligence

Consultants feed not-quite insider Information to hedge funds says Brody Mullins and Susan Pulliam at the Wall Street Journal. Former lobbyists and other government insiders including former politicians have started second lives as consultants to hedge funds like Perry Capital and D. E. Shaw¬†on Washington’s decisions – before they happen. Expert networks have drawn regulatory […]

Madoff Suit Tossed Against Hedge Fund Feeder

Madoff Suit Tossed against hedge fund feeder

A district judge had a Madoff suit tossed against hedge fund feeder firms for Bernard L. Madoff Securities. In a ruling this week, Federal Judge Deborah Batts, dismissed suits against J. Ezra Merkin, the hedge fund manager who funneled investments to Bernie Madoff. Investors in Merkin’s hedge funds, Ascot Partners LP, Gabriel Partners LP and […]

Asking Blackstone for Money for Your Hedge Fund

Ali Akay sheds some light on asking Blackstone for money for your hedge fund. The former SAC trader is seeking seed money for his hedge fund reports Jesse Westbrook and Saijel Kishan at Bloomberg Businessweek. The hedge fund manager plans to invest in emerging markets. Akay, 34, is in advanced talks with Blackstone to provide […]