Hedge Funds

More

• Hedge Funds Up Bets Against Italy's Monte Paschi

  London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.

• Hedge funds up bets against Italy's Monte Paschi

  LONDON, Feb 3- Big-name London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.

• Weak Yen Yet to Reach Corporate Japan's Bottom Line

  Currency hedging cost Japanese companies such as Honda Motor the chance to fully cash in on a weak yen last quarter, raising the risk that investor expectations could outrun earnings.

• Weak yen yet to reach corporate Japan's bottom line

  TOKYO, Feb 3- Currency hedging cost Japanese companies such as Honda Motor Co the chance to fully cash in on a weak yen last quarter, raising the risk that investor expectations could outrun earnings. "The rally is completely driven by hopes rather than facts," said Soichiro Monji, chief strategist at Daiwa SB Investments.

• Big Money Managers Riding the Dow Rally

  

  Long before the Dow hit 14,000, a number of big money managers predicted the rally—and have ridden it to handsome returns.

• Hedge Funds Riding the Stock Rally 

  

  Markets continue to move higher, with hedge funds and the world's biggest money managers riding the rally, reports CNBC's Kate Kelly.

• Why Inflation Could Eat Into Stock Gains: Kyle Bass

  

  Stock prices may be rising, but so is the threat of inflation, hedge fund manager Kyle Bass told CNBC Friday. "One of the best performing equity markets in the last decade has been Zimbabwe, but now your entire equity portfolio only buys you three eggs."

• Shorts Are Still Active in Some Sectors: Pro  

  

  Simon Colvin, analyst at Markit, tells CNBC that short sellers are definitely reacting to the upside and the average short interest in the Stoxx 600 is down 25 percent in the last couple of months.

• UPDATE 3-Informant in Galleon insider-trading case gets a year in prison

  NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered her to forfeit nearly $1.53 million.

• TUPDATE 2-US insider trading informant gets 12 months in prison

  NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered her to forfeit nearly $1.53 million.

• UPDATE 1-US insider trading informant gets 12 months in prison

  NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered she forfeit nearly $1.53 million.

• ANALYSIS-Canadian hedge funds' growth dreams face tough reality

  Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.

• Justice Dept. Blocks Beer Deal 

  

  CNBC's David Faber has the latest detail on the Justice Department's move to block Anheuser-Busche's purchase of Groupo Modelo. Shares of Constellation Brands are down sharply on the news. Evan Benn, St. Louis Post-Dispatch, weighs in.

• Justice Dept. Challenges Anheuser-Bush 

  

  The Justice Department has filed a suit challenging Anheuser-Busch buy of Grupo Model. Shares of Constellation fell on the news, reports CNBC's Kayla Tausche and David Faber.

• JPMorgan Bet Against Itself in 'Whale' Trade

  

  There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. Some of the firm's own traders bet against the very derivatives positions placed by its chief investment office, said three people familiar with the matter.

• EXCLUSIVE-JPMorgan bet against itself in 'Whale' trade

  NEW YORK, Jan 29- There is a new twist in the London Whale trading scandal that cost JPMorgan Chase $6.2 billion in trading losses last year. The people familiar with the situation did not comment on the dollar value of the opposing trades placed by JPMorgan Chase& Co's investment bank traders, which was much smaller than the total positions put on by the CIO.

• COLUMN-Risk-on, risk-off may be ending: James Saft

  Jan 29- The after-effects of the Great Crisis may still be with us, but the great correlation in global financial markets may be coming to an end. Correlation in currency markets is as low as it has been in five years by some measures, according to JP Morgan currency strategist John Normand.

• Wall Street's Big Money Heads to Palm Beach 

  

  Kelly Smallridge, Business Development Board of Palm Beach County CEO, explains why a flood of hedge funds and private equity firms are packing up from New York and headed to the Sunshine State.

• UPDATE 1-Elliott pushes for Hess board changes, Bakken spinoff

  Jan 29- Hedge fund Elliott Management will nominate five executives to Hess Corp's board as it pitches a plan to break up the U.S. oil and gas company to boost returns for investors. Hess has been shifting away from refining since early last year, when the HOVENSA refinery, a joint venture between Hess and Venezuela's PDVSA, was closed.

• UPDATE 2-Elliott nominates directors in push to break up Hess

  Jan 29- Hedge fund Elliott Management will nominate five executives to Hess Corp's board as it pitches a plan to break up the U.S. oil and gas company to boost returns for investors. Hess has been shifting away from refining since early last year, when the HOVENSA refinery, a joint venture between Hess and Venezuela's PDVSA, was closed.