Investors are appealing a German court's ruling last year over a lawsuit regarding Porsche's attempted takeover of Volkswagen. It could cost the company $1.4 billion, but a German judge thinks the case is likely to be dismissed again. Show More Summary
David Ganek, the founder of now-closed hedge fund Level Global, is suing the FBI and Southern District prosecutors in New York after the government's 2010 raid resulted in shutting down his now $4 billion firm. Back in December, theShow More Summary
Despite their performance record, the promise of higher returns with lower risk — or even zero risk — beckons.
Robert Citrone of Discovery Capital Management is a big player in the hedge fund industry. With around $9.71 billion in equities, Discovery holds a diversified portfolio with the largest share invested in tech stocks. The latest 13F filing showed that the majority of the largest positions from the fund’s equity portfolio are represented by technology […]
Successful investing is about anticipating news and acting before everybody else. One of the most important news that moves stocks is takeover rumors. There are more than 300 takeover rumors every year. Stocks that are the subject of takeover rumors initially jump by an average of 2.9%, but lose 1.2% in the following month. The […]
Kerr Neilson‘s Australia-based hedge fund, Platinum Asset Management has recently revealed its top picks in a recent 13F filing with the Securities and Exchange Commission. The market value of the fund increased during the fourth quarter to $5.22 billion from $4.91 billion a quarter earlier. While the new positions initiated amounted to 9, additional purchases […]
The warrant offers new details on the evidence against some hedge fund suspects and the limitations of the inquiry into another fund executive.
Demands by a federal judge in Manhattan are said to have led JPMorgan Chase and Deutsche Bank to pull back on their deal preparations.
CNBC will not be covering SALT Las Vegas this year, the hedge fund conference that has become a must-attend event on Wall Street since investment firm SkyBridge capital launched it 7 years ago. "We have no plans to cover SALT," said a source with knowledge of the situation. Show More Summary
Scutify wants to turn more people into financially savvy investors.
We already knew that Leda Braga, the most powerful lady hedge fund manager in the world with the most assets under management, is a rockstar. Her computer-driven Systematica Investments, recently spun off from BlueCrest Capital, is on fire and its biggest fund earned 9.5 percent returns last month. Show More Summary
Is BlackBerry Ltd (NASDAQ:BBRY) coming back as one of the leaders on the market of smartphones? The short answer is no, or at least not yet. The company’s latest financial results for the third quarter of fiscal 2015 showed a decrease in revenues to $793 million, from $1.19 billion a year ago, but its GAAP net […]
David Shaw’s large hedge fund D E Shaw is an interesting study in that his positions are constantly changing. Rarely does he stand pat on any stock during a quarter. In the last quarter for example, out of the 4,058 positions in his portfolio at the end of the third quarter, there were additions, subtractions, […]
STUTTGART, Germany (Reuters) - Hedge funds seeking 1.2 billion euros ($1.36 billion) in damages from Porsche SE over its botched attempt to take over carmaker Volkswagen look set to have their case dismissed, according to a German judge. Show More Summary
RadioShack's name is up for sale, with bids starting at $20 million. Hedge fund Standard General, the company's largest shareholder, tried to win approval from the U.S. Bankruptcy Court proceedings on Wednesday, to lead the bidding for RadioShack's name at a March 23 auction, according to multiple and reports from U.S. Show More Summary
The nation's leading hedge fund managers tend to target mid-to-large-sized companies. An investment in small caps often requires too much trading finesse, and too little returns, to be worthwhile.
While we don’t recommend investing your money with billionaires’ hedge funds, we do recommend tracking their picks. In short, billionaires know how to pick profitable stocks, but their model (usually 50% long) and fees (22% to as much 40+%) conspire to severely limit their returns in comparison to the broader indices. This is why hedge […]
Once hedge fund managers reach billionaire status, a larger portion of their invested capital is poured into large-cap stocks, since only so much money can be put into equities of promising small-cap companies. Naturally, this makes it a lot harder for billionaire hedge funds to beat the market by a wide margin, due to the […]
Steve Cohen tops Forbes’ list of the highest-earning hedge fund managers and traders, making an estimated $1.3 billion in 2014.