Fri, Mar 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Icahn, Ackman reunite; Paulson says M&A is here to stay

Thursday, July 17, 2014

Bailey McCann, Opalesque New York:

Watchers of the boldface names in the hedge fund industry were treated to an eyeful and an earful at today's Delivering Alpha conference held in New York. Managers ranging from Leon Cooperman to John Paulson each took to the stage presenting their views of where markets are today and where they see the best opportunities.

"This is a very exciting time to be involved in merger arbitrage," John Paulson said during his interview. He expects already frothy M&A activity to "continue for the foreseeable future."

The midday was a time for politics, with John Harwood interviewing New Jersey Governor Chris Christie. The interview, which seemed tailor made for the hedge fund set touched on a range of issues from education spending to Elon Musk and Tesla. The Governor said he honestly "doesn't know" if he will announce a presidential run in the next cycle. He also declined to take a view on the Export-Import Bank, a fairly inside baseball issue that has taken on a higher profile as it was cited as one of the reasons for Eric Cantor's recent electoral defeat.

Late afternoon was marked by activists. Carl Icahn took to the stage for a wide ranging interview where he said that the CEO of Family Dollar should no longer be the CEO. He also turned his gaze to the big four banks noting, "If I had been Secretary of the Treasury in 2008, you wouldn't see the same management at some of those banks as you do today."

At what ap......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He