LONDON/ BOSTON, Oct 1- Goldman Sachs Group Inc has bought a 10 percent stake in hedge fund Caxton Associates, its third investment for its recently launched Petershill II fund, two sources familiar with the move said on Wednesday. Caxton and Goldman Sachs were not immediately available for comment. In addition to Caxton, Goldman Sachs has made investments with...» Read More
Big investors still think China is one of the best emerging markets to bet on.
Dissecting what caused the move to the downside in today's market close, with Shark Tank investor Kevin O'Leary; CNBC's Kate Kelly; Kenny Polcari, O'Neil Securities; and CNBC contributor Carol Roth.
Pension funds are keeping their hedge fund managers despite the recent decision by CalPERS to dump them.
Aging technology giants are having a hard time staying relevant in today's post-PC world, and some are looking for deals to push growth. NYT reports.
Fortress Investment Group executive Gareth Henry thinks Brazil is the best place to invest in over the next year.
NEW YORK, Sept 22- A federal judge rejected Westgate Capital Management LLC founder James Nicholson's request to shorten his 40- year prison term for running a $140 million Ponzi scheme at his hedge fund firm, likening it to the much larger fraud run by Bernard Madoff.
John Burbank, head of $4 billion Passport Capital, is bullish on innovative American companies.
The Tiger Management founder believes that even though "the economy is getting better," there are dangers stirring beneath the surface.
More pension funds consider divesting from hedge funds, due to poor performance and high costs. NYT reports.
NEW YORK, Sept 19- Merrill Lynch fired two veteran brokers from its Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm.
NEW YORK, Sept 19- Merrill Lynch summarily fired two veteran brokers from its elite Private Banking and Investment Group two weeks ago for guiding clients to invest in a hedge fund outside of the brokerage firm.
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.
The mean income of the top 5 percent of households in Manhattan has soared, giving it the biggest income gap of any U.S. county. The NYT reports.
A Wells Fargo analyst says sales volatility, lease obligations and the competitive landscape make specialty apparel stores less than ideal candidates.
CalPERS' move to divest itself of $4 billion in hedge fund holdings is galvanizing a debate among many other pension managers.
BOSTON, Sept 17- Despite the recent rebuke of hedge funds by the influential California Public Employees' Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show.
Activist investor Nelson Peltz's Trian Fund Management has called for a break up of DuPont, The Wall Street Journal reported.
Asia ex-Japan hedge funds have posted the strongest performance worldwide this year, data from research house Eurekahedge shows.
Sacramento- based Calpers said on Monday it was pulling about $4 billion from a total of 30 hedge funds it was invested in under its Absolute Return Strategies portfolio, citing costs and difficulty in maintaining the program. BlueTrend, owned by U.K.- based BlueCrest Capital Management, could not immediately be reached for comment.
BOSTON, Sept 16- The California Public Employees Retirement System handed fellow U.S. pension funds a hefty club to beat down hedge fund fees and demand better returns this week when it voted to pull out of hedge funds entirely, investors said.
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Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Relational Investors will be winding down its operations and dissolving its $6 billion portfolio by the end of the year.
A hedge fund is hoping to make a big splash with a presentation on the "biggest stock promotion ... since Sino-Forest"