The hedge funder also says the government may be responsible for possible damages for faulty ignition switches because it was running GM.» Read More
The traditional hedge fund public relations strategy of "no comment" is starting to change.
CNBC enterprise reporter Lawrence Delevingne says the usually "no comment" hedge fund industry is building internal PR and communications departments.
Healthcare, energy and financial services are growth areas for the private equity industry, executives told CNBC.
Feb 24- Darden Restaurants Inc's plan to spin off its Red Lobster chain should be put to a shareholder vote, activist hedge fund Starboard Value LP said, drawing support from at least one other investor. Darden said in December it would spin off or sell the floundering Red Lobster chain, bowing to pressure from hedge fund Barington Capital Group.
Some of the largest investment managers in the world are still bullish on stocks but worry governments could hurt economic growth.
Discussing the current condition of the stock market, how the weather is affecting investor's interpretation of economic data and capex spending, with David Kostin, Goldman Sachs chief U.S. equity strategist.
Feb 24- Darden Restaurants Inc's plan to spin off its Red Lobster chain should be put to a shareholder vote, activist hedge fund Starboard Value LP said. Darden said in December it would spin off or sell the floundering Red Lobster chain, bowing to pressure from hedge fund Barington Capital Group.
Feb 24- Activist hedge fund Starboard Value LP wants to put to shareholder vote Darden Restaurants Inc's plan to spin off its Red Lobster chain, the Wall Street Journal reported, citing a letter Starboard plans to send to shareholders on Monday.
Gasoline, natural gas and soybeans were other commodities that attracted huge buying during the week that ended Feb. 18, according to the data from the Commodity Futures Trading Commission.
NEW YORK, Feb 21- When big name U.S. hedge fund managers disclosed their fourth-quarter stock holdings last week, a couple of exchange-traded fund companies took particular note. Global X Funds and AlphaClone LLC both offer ETFs that mimic the stock picks of high-priced hedge funds.
Citadel Connect has nearly tripled in the past year, making it one of the largest U.S. dark pools—where investors can trade anonymously.
NEW YORK, Feb 21- Small investors who have longed to benefit from the brains of top hedge fund managers can now purchase those same stock picks without paying hefty fees or tying up a large amount of money.
Virtually everyone on Wall Street knows that Ackman's Herbalife bet has cost him so far. Now we know exactly how much.
John Paulson's comeback was validated this week with a trio of awards.
BOSTON, Feb 19- Billionaire investor Kenneth Griffin, who started his hedge fund in his dormitory room at Harvard University, is donating $150 million to his alma mater in what will be the largest single gift ever made to the Ivy League school.
Some of the biggest names on Wall Street are quietly preparing to do battle over elections this year.
CNBC.com Enterprise Reporter Lawrence Delevingne discusses who hedge fund managers could support in the 2016 presidential elections.
NEW YORK, Feb 19- California hedge fund manager Doug Whitman, the first defendant in the broad U.S. crackdown on insider trading to take the stand in his own defense, on Wednesday failed to persuade a federal appeals court to overturn his conviction.
BOSTON, Feb 18- Hedge fund industry assets are expected to reach a record $3 trillion by year's end as investors plan to add fresh money, saying they were generally happy with last year's returns and don't expect bigger gains this year, a new survey shows.
BlackBerry shares rose after investor Daniel Loeb's Third Point hedge fund disclosed it had bought 10 million shares in the smart phone maker.
Hedge fund managers aren't concerned about the sharp price drops of Fannie Mae and Freddie Mac stock this week.
Happy Friday. And when I say "Happy Friday," I mean I'm happy and it's Friday, and not by coincidence.
There are lots of reasons to like the market and lots of reasons not to like it. By year's end they may yield nothing.