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Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September
From Reuters.com: Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'
Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital.
Unlike traditional retirement accounts,
Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund
Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported
Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid
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Intermediate Term Trend: NegativeFriday's Close: $75.13 (- $.59 cents)UPDATE: It has been an extremely long time since the chart has depicted such a large spread between the weekly Moving Average Line and current price action.Certainly, this market can trade lower, but for the last two weeks we cautioned; traders need to be careful on selling into a current vacuum. Last week's price action was more than two dollars higher than the week before. Hardly a rally, but it's possibly the start of some stabilization in the price.