Citadel’s Ken Griffin leaves 2008 tumble far behind... [more]From WSJ.com: …Nearly seven years after standing at the brink of collapse during the financial crisis, amid heavy losses and a struggle to build an investment bank, Chicago-based Citadel has crawled back near the top of the hedge-fund heap. But rather than take it slow, as many competitors have done
Manager Profile - Michael Seckler, the old-fashioned futurist of hedge funds... [more]From Ozy.com: In the world of investing, there is, on one side of the spectrum, Warren Buffett. The Coca-Cola-loving Oracle of Omaha epitomizes a human approach, one that makes judgments based on deep investigation and some intuition. On the other side there is artificial intelligence, machine learn
Asia - Asia fund passport could manage $600b by 2030... [more]From SMH.com.au: More than $600 billion of assets could be managed under a multilateral framework for investment funds in Asia within 15 years, says a report by AT Kearney, but savers and fund managers might not fully benefit from trade liberalization unless competing schemes in the region are conso
Commodities - PM markets: Grain futures dip amid wariness over funds... [more]From Agrimoney.com: Corn futures resumed their slide on Monday, amid fears that hedge-funds might enter another selling spree. Markets are awaiting the latest weekly US crop report, which is expected to lift crop ratings thanks to the recent run of good weather.
Hedge funds have been slashing
Activist News - Rolls-Royce rallies as activist hedge fund targets cost cuts... [more]From Digitallook.com: Shares in Rolls-Royce rose sharply, extending gains that began on Friday after it emerged that US hedge fund ValueAct has built a 5.4% stake in the aerospace and defense company. On Monday, the Financial Times reported that ValueAct is urging Rolls-Royce to accelerate cost cuts
…And Finally - Detroit hair wars... [more]From Newsoftheweird.com: Time magazine reported that among the entries in "Detroit Hair Wars" (showcasing pieces by 34 stylists) were The Hummer (stylist: "Little Willie"), in which a mass of extensions is shaped to resemble the vehicle, including four large, rolled "tires" -- with metallic hubcaps