The hedge funder also says the government may be responsible for possible damages for faulty ignition switches because it was running GM.» Read More
Expect to see highly leveraged, profitless deals as private equity looks to exit into a market that appears interested mostly in the trade, not the company.
It’s a week of dueling predictions for the Chinese economy—in a debate that pits the International Monetary Fund against one of the most successful investors in the hedge fund sector.
Under little-noticed new provisions of the Dodd-Frank Wall Street reform law, whistleblowers who alert the SEC to potential fraud will for the first time be entitled to collect between 10- and- 30 percent of the money recovered by the government.
Paulson & Co, the hedge fund group famed for making billions from the collapse of the US subprime mortgage market, is to launch a new fund open to retail investors that will track its existing investment strategies. The FT reports.
Investors continued to add new capital to hedge funds in the second quarter of 2010, with net inflows totaling $9.5 billion, according to new data from Hedge Fund Research (HFR), a provider of hedge fund industry data. The data, however, shows nearly all of the new capital went to the largest firms, those with more than $5 billion under management.
This could be a "raining decade" with the market in an "extended sideways up and down period." Take the big downturn in the early 70's, the period between 1972 to 1982 "started and finished in the same place," Tanya Beder said.
This is certainly one of them, Cramer says.
Something incredibly simple can give you the edge on Wall Street vets.
Cramer lists the forces that can drive stocks in this ever more complicated market.
The managing partner of Skybridge Capital wants to 'mutualize' the hedge fund industry because of the lukewarm performance of in the industry.
The Securities and Exchange Commission has agreed to pay $755,000 to settle a wrongful termination suit filed by a former staff lawyer at the agency who was abruptly fired in 2005 during an investigation into possible insider trading by Pequot Capital Management, a giant hedge fund, and its co-founder, Arthur J. Samberg.
Slow economic growth in the US, soverign debt trouble in Europe and uncertainty about emerging markets, especially China, are affecting investors choices right now.
The new limits on proprietary trading and hedge fund investments may actually benefit big banks more than harm them—especially in the hedge funds they market to clients.
The real work now, the real test for President Obama and Treasury Secretary Geithner, is to quickly bring the rest of the world along on the only reforms that will truly protect the global financial system from crisis in the future: common standards for the appropriate quantity and quality of capital, and acceptable levels of leverage and liquidity.
Former Presidential candidate Mitt Romney may be the most recognizable Mormon, but members of his faith, which account for only 2 percent of the US population, have lots of influence in big money—both on Wall Street and throughout the business world.
Senate negotiators are expected to offer changes today to the financial reform bill that would soften the Volcker rule. On Capitol Hill there is widespread speculation that the Senate negotiators will propose language that would allow banks to invest a small amount of their capital in their internal hedge funds or proprietary trading desks.
According to Healey, "the question for medium to long term markets is not whether or not the economies around the world are troubled; it's how much the market has discounted that bad news. So where does the CEO see the source of growth coming from, going forward?
Industry lobbyists — and sympathetic members of Congress — are pushing for provisions to undercut a central pillar of the financial reform legislation, known as the Volcker Rule, which would forbid banks from using their own money to make risky wagers on the market and would force them to sell off hedge funds and private equity units. The NYT reports.
Even with the best global economic conditions, a balanced equity portfolio that excludes banks is unlikely to yield much more than 6 percent in annualized gains, according to some market experts.
Amid the Gulf oil spill, a falling euro and pending financial regulatory reform, where was the big money going to work?
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.