Hedge funds’ defensive stance on commodities pays off... [more]Komfie Manalo, Opalesque Asia: The defensive positioning of hedge funds on the commodity complex has been rewarding as most hedge fund strategies are up in November and previous trends in FX and commodities continue unabated, according to Lyxor Asset Ma
Hedge funds’ favorite stocks post worst returns this year... [more]Komfie Manalo, Opalesque Asia: With most of their favorite stocks posting worst performance since the financial crisis, hedge fund managers are hit with poor returns, according to Goldman Sachs’ latest Hedge Fund VIP list.
The data said that hedge funds’ position in health care companies, par
Some hedge funds make millions from bets on expected rise in U.S. rates... [more]From WSJ.com: Tudor Investment Corporation is among a group of hedge funds whose bets on a U.S. interest rate rise are making millions of dollars in profits this month. The Greenwich, Connecticut-based firm, set up by billionaire trader Paul Tudor Jones, saw its flagship $8.3 billion BVI Global fund
People - Elliott Management appoints Jonathan Pollock as co-chief executive... [more]From NYtimes.com: For most of its 38 years, Elliott Management has been a lucrative hedge fund run solely by its founder, the billionaire Paul E. Singer, a man known for his hard-nosed trades and outsize influence in politics. Now for the first time, Mr. Singer will run the $27 billion investment fi
Activist News - Hedge fund Elliott Management grabs 6.4% stake in Alcoa... [more]From Triblive.com: Activist hedge fund Elliott Management disclosed Monday that it has taken a major stake in Alcoa Inc. and plans to push the aluminum producer to look for ways to increase profitability ahead of its split into two companies.The 6.4 percent stake makes the hedge fund founded by bill
…And Finally - Compelling explanations... [more]From Newsoftheweird.com: Skeptics feared it was just a matter of time, anyway, until the "political correctness" movement turned its attention to dignity for thieves. San Francisco's SFGate.com reported in November on a discussion in an upscale neighborhood about whether someone committing petty, no