Fearing the sort of poor people’s revolution that made the Hunger Games such a hit, nervous financiers and super rich hedge fund managers across the globe have been panic purchasing ‘secret bolt holes’ with their own private airstrips...Show More Summary
Nelson Peltz’s hedge fund is calling for a breakup of DuPont in a battle that could spur a bigger debate about shareholder activism, Steven Davidoff Solomon writes in the Deal Professor.
"I think equity markets will get devastated," warns famed $12bn AUM hedge fund manager Crispin Odey in his latest letter to investors. Having been one of the biggest bulls of this particular central bank artificial-bull cycle, his dramatic...Show More Summary
Special tax breaks, aimed at luring rich American investors and hedge fund operators, have been amended to entice successful Puerto Ricans who have left the Island, to return.
Hedge fund manager Bill Ackman, the CEO of Pershing Square Capital, has gained $11.6 billion for his investors since 2004, according to fund-of-funds LCH Investments NV. The 48-year-old activist investor is now ranked No. 19 on LCH's "Greatest Money Managers" list. Show More Summary
(Reuters) - Activist investor Nelson Peltz's Trian Fund Management LP cut its stake in Family Dollar Stores Inc to 2.07 percent from 7.3 percent. Trian Management sold about 6 million shares of the discount retailer, the hedge fund said in a regulatory filing on Tuesday. Show More Summary
Ackman’s Returns Make Him a Top 20 Fund Manager (CNBC) Billionaire activist investor Bill Ackman has been named one of the world’s top 20 hedge fund managers for the first time, after posting stellar outperformance in 2014 led by his bet on botox maker Allergan. Ackman broke into rankings, compiled by LCH Investments, at number […]
At some point last year, after he had settled insider trading charges against his firm, the hedge fund formerly known as SAC Capital, Steve Cohen began exhibiting signs of man who felt, if not contrite, than contrite-lite. He agreed to rename his company, stripping his initials from all letterhead, fleece, and signage. Show More Summary
Hedge fund managers spend their time navigating through thick piles of data and analyzing the inner workings of the companies they invest in. Understandably, they like to keep those activities on the down-low, and make every effort to do that. Unfortunately that's not always the case. Show More Summary
Though Elliott Management was circumspect in describing its motivations in a regulatory filing, the hedge fund appears likely to push its newest investment into selling itself.
British hedge fund manager Crispin Odey thinks we've entered an economic downturn that is "likely to be remembered in a hundred years," and central banks won't be able to stop it. In his Odey Asset Management investor letter dated Dec. Show More Summary
George Soros, Carl Icahn, and Jim Simons are favorites of these 3 Motley Fool contributors.
A look at what this hedge fund manager sees in Citizens Financial Group stock.
We have some good news: we have found one more of the many, many hedge funds who bought into the biggest bandwagon trade of 2014, namely that the world is recovering and it is time - yet again - the short Treasurys. That fund is Crispin...Show More Summary
It’s time to sit back, relax and enjoy a little joe … Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Okay, off we go … Credits and Debits Credit: Somebody pinch me. Believe it or not, gasoline is […]
Hedge fund billionaire Louis Bacon has filed a $50 million defamation suit in New York against his Bahamas vacation home neighbor–Canadian fashion magnate Peter Nygard. In the complaint, Bacon alleges that Nygard has waged an "obsessive...Show More Summary
The United States attorney’s office in Manhattan is expected on Friday to challenge an appellate court ruling that overturned the convictions of two hedge fund managers and rewrote the government's insider trading playbook, according to a spokesman for the office.
Hedge Fund Manager Odey Turns Super Bear on QE (Wall Street Journal) Renowned U.K. hedge fund manager Crispin Odey has warned of an impending global economic slowdown that will be remembered for a century, saying equity markets will be “devastated” despite central bank action aimed at propping up the global economy. “The shorting opportunity looks […]
If there are any of you left after three straight years of losses from 2011 to 2013, you’re among the very few who hold Swiss National Bank President Thomas Jordan in high regard right now. Man Group’s hedge funds which use computerShow More Summary
In this day and age, when hedge funds can no longer generate "guaranteed" returns courtesy of Gerson Lehrman or some other "expert network", when central banks are now openly failing their mandate of preserving the facade that they are...Show More Summary