Hedge fund performance down in September, fourth month in a row... [more]Komfie Manalo, Opalesque Asia: Hedge funds fell for the fourth straight months in September with the HFRI Fund Weighted Composite Index down -1.1% last month , the longest such sustained decline since the financial crisis in 2008. Data provider Hedge Fund Research (HFR) said that the performance
Hedge fund manager Kyle Bass wins patent review for Shire drug... [more]Komfie Manalo, Opalesque Asia: Score another round for Kyle Bass. On Wednesday, the U.S. Patent and Trademark Office has granted a petition to review a Shire Plc colitis drug, after it ruled that his hedge fund Hayman Capital had a "reasonable likelihood" of proving the patent owned by Cosmo Phar
Hedge funds run by Zimmer face their first annual loss... [more]From Bloomberg.com: Two hedge funds run by $1.7 billion energy-focused Zimmer Partners posted declines in September, leaving the largest pool at risk of recording its first annual drop. The $1.2 billion ZP Utility Fund, which makes long and short bets on the equities of U.S.-based energy companies,
Investing - Hedge funds reduce stake in American Airlines Group... [more]From Marketrealist.com: In the previous part of this series, we saw how institutional investors played American Airlines Group (AAL) in 2Q15. Let’s look at the trades executed by key hedge funds in American Airlines over the same period. Investment decisions made by hedge funds can be useful for inv
…And Finally - Harvard debate team beaten by prison inmates... [more]From Sky.com: Harvard's champion debate team have been put in their place - by a group of New York prison inmates.
The showdown took place at the maximum security Eastern New York Correctional Facility, where prisoners can take courses run by nearby Bard College.
A few years ago inmates