News > Hedge Funds

It's Who You Know: Icahn is $60 Million Richer By Shaping Trump's Regulatory Structure
Hedge Funds
When billionaire investor Carl Icahn was tapped as a "special regulatory adviser" for President Trump, it seemed to be a pretty advantageous appointment for an outspoken critic of government regulation like Icahn. It turns out it didn't take long for Icahn to start reaping those advantages. His oil refinery company, CVR Energy Inc., saved $60 million in the first quarter based
Tiger Cub off to a Roaring 2017 Thanks to Bezos
Hedge Funds
In the convergence of media and technology, there are investing opportunities that are occurring as a structural shift is underway. The potential to catch the next big stock that becomes a household content provider – finding the equivalent of the next ABC, CBS or NBC broadcasting network – amid a reasonably fragmented technology landscape that includes mobile, social, cloud computing
Hedge Fund Managers Pour SALT on U.S. Stocks, Look to Europe
Hedge Funds
Europe is back on the map. That was one of the main takeaways this week from the SkyBridge Alternatives (SALT) hedge fund conference in Las Vegas, where $3 trillion in assets was represented. Speaker after speaker touted European equities for their attractive valuations and as a means to diversify away from the volatile American market in light of rising U.S.
Hedge Funds Shed Retail Amid Fears Of 'Apocalypse'
Hedge Funds
Long / Short Hedge Funds had a particularly strong month in April, a Morgan Stanley Prime Brokeragereport noted. While analysts have fretted over China and efforts to reduce government and corporate leverage, long exposure significantly benefited fund managers. Other major stock market trends can be seen in hedge fund positioning, including the retail apocalypse trade playing itself out. shurik /
After Strong 2016, Merger Arb Hedge Funds See Rise in Assets
Hedge Funds
Arbitrage strategies have seen the largest growth year to date, according to a Eurekahedge report, as merger arbitrage Hedge Funds often engaged in buying and selling around mergers and acquisitions outperformed the general hedge fund industry in 2016. As the strategy looks to potentially fewer arbitrage opportunities, Eurekahedge considers the weak correlations between the S&P Merger Arbitrage Index relative to
Report: Brevan Howard's Flagship Fund Lost $1 Billion in Outflows Last Month
Hedge Funds
So much for a comeback. After it was reported that Brevan Howard was ending 2016 with its first positive year after two straight years in the red, Bloomberg is now reporting that Brevan Howard Asset Management's flagship hedge fund suffered about $1 billion in outflows during April. The fund has lost 3.1 percent during the first four months of the
L/S Equity And Activist Hedge funds Lead YTD
Hedge Funds
Summary With one-third of 2017 in the books, the $3 trillion hedge fund industry has generally done well by its investors this year. While some segments produced disappointing results in April, gains have remained the norm over the last six months, and for nearly all of the last fifteen months. Equity-related strategies were again the primary winners in April, with
Ray Dalio Praises James Comey, Who Was Fired as FBI Director By President Trump in a Move That Was Not Suspicious At All
Hedge Funds
President Trump's stunning decision on Tuesday to fire FBI Director James Comey - who was reportedly looking to expand his investigation into potential ties between the Trump campaign and Russia - has raised the specter of Watergate and thrown the country into political turmoil (again). But while Congressional Republicans are thus far circling the wagon around Trump, Comey has at least one
Bill Ackman Says Pershing Square's Latest Investment is Up 30 Percent
Hedge Funds
After a really bad, reputation-damaging bet on Valeant Pharmaceuticals International Inc. that lost Pershing Square's investors roughly $4 billion and culminated with Bill Ackman finally admitting defeat and selling all of his shares in the drug company, Ackman's hedge fund has been in serious need of some good news. Whether or not it constitutes a sustained comeback remains to be seen, but on his first-quarter
Descendant of One of America's Founding Fathers Loses Billions Investing in Fintech Startups
Hedge Funds
A fascinating new profile in the Wall Street Journal details the rise and fall of Wellington Management's Nick Adams, who went from averaging 28% annual returns by investing in traditional bank stocks to losing billions on two really bad bets on fintech startups. The feature, written by the Journal's Rob Copeland and Peter Rudegeair, explains how Adams "poured hundreds of millions