FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. The top hedge fund managers are dominating the industry (Chief Investment Officer) Data released by Preqin shows 92% of hedge fund assets are controlled by the top 11% of managers. Show More Summary
Earlier today the European obudsman Emily O'Reilly finally caught up with the ECB's "market moving" news from a week ago, namely that ECB personnel selectively leak market moving news to hedge funds in so called "Chattam House" rules...Show More Summary
Bloomberg News Well-heeled hedge fund captains tend to be part of the so-called 1%. But the industry is itself is mighty stratified to look top-heavy. Research firm Prequin says that 92% of all hedge fund capital is concentrated in just 11% of fund managers. Just a small pool of funds with over $1 billion in assets wield [...]
First it was Gross, then Gundlach. Now billionaire hedge fund manager Paul Singer of Elliott Management has unveiled what he believes is the trade of this generation: being short "long-term claims on paper money, i.e., bonds." He calls...Show More Summary
Hedge funds are eyeing Kraft Foods ahead of the close of its planned merger with 3G Capital and Berkshire Hathaway-backed ketchup maker Heinz, a deal that will give current shareholders a 49% stake in what could become a food sector giant and an industry consolidator
Citigroup’s Scott Chronert as a review of the small- and midcap stocks hedge funds and mutual funds held at the end of the first quarter. He writes that among mutual funds, value managers posted some of the strongest relative performance of the group, and are moving into the tech space at the smaller end of the [...]
Hedge fund manager Jim Chanos wants us to know that the gas and oil industries are on the verge of a major disaster. The famed businessman warns that companies are working more inefficiently than ever to produce an ever increase demand for their... Read more
by Keith Weiner "The top 25 hedge fund managers made more than all the kindergarten teachers in the country," declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes. Show More Summary
The restaurant chain has raised a middle finger-shaped breadstick at Starboard Value.
Greenwich Time is extremely impressed with the new SAC Capital, AKA Point72 Asset Management.
North Carolina-based hedge fund manager Mark Yusko, the founder of Morgan Creek Capital Management, has put together a scorecard on some of his hits/misses from 2014. Last year, he gave 30 macro calls a t his conference, The Investment Institute Spring Forum, in Cary, North Carolina. Show More Summary
One of the big trades of 2015 has been to short the the euro against the dollar as the European Central Bank (ECB) becomes more aggressive with easy monetary policy and the US Federal Reserve begins to tighten policy with interest rate hikes. The US dollar has been on a tear on this trend, and the euro has been tanking. Show More Summary