Billionaire money manager John Paulson still thinks buying a home to live in is the best investment possible.» Read More
July 17- Allergan Inc, trying to fend off a hostile takeover bid from Valeant Pharmaceuticals International Inc, has thrown up obstacles to a special shareholders meeting, its biggest investor said on Thursday.
July 17- Allergan Inc, trying to fend off a hostile takeover bid from Valeant Pharmaceuticals International Inc, has stacked the odds against a special shareholders meeting, its biggest investor said on Thursday.
NEW YORK, July 16- Billionaire investor John Paulson on Wednesday called Valeant Pharmaceuticals International Inc a "very serious acquirer" and predicted that Allergan Inc cannot rebuff the drug maker on its own.
CNBC's Kate Kelly reports which hedge fund titans and institutional investors are expected at this year's Delivering Alpha conference. U.S. Treasury Secretary Jack Lew will deliver the opening keynote.
Some of 2014's biggest winners are slated to share their next big ideas at this year's Delivering Alpha Conference.
While you might not know their names now, you will. They are five hedge fund stars of the future as identified by Institutional Investor.
BOSTON, July 1- Activist investor William Ackman has hired Credit Suisse in his fight to have Valeant Pharmaceuticals acquire Botox maker Allergan Inc., a person familiar with the matter said on Tuesday.
There have been some great forecasts and some awful ones over the past 25 years. Here is a look at some that shook the market.
New York, June 25- Hedge fund Paulson& Co has amassed a large stake in Allergan Inc of more than 6 million shares and is supportive of a deal between the Botox maker and Valeant Pharmaceuticals Inc, people familiar with the matter on Wednesday.
Hedge funds have gotten a lot of bad publicity over the past few years, but most institutional investors couldn't care less.
June 16- Senate Finance Committee Chairman Ron Wyden has asked the Obama administration why the United States failed to stop a tax-avoidance strategy used by hedge funds, including John Paulson's Paulson& Co, Bloomberg reported.
The SEC and Goldman Sachs declined comment. The SEC accused Tourre, a vice president at Goldman, of concealing from investors that Paulson& Co, the hedge fund of billionaire John Paulson, was involved in putting Abacus together and was betting against it.
NEW YORK, May 15 (Reuters)- Hedge fund Paulson& Co in Q1 maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund as bullion prices rebounded from their biggest annual loss in 32 years in 2013, while PIMCO dissolved its gold ETF investment.
NEW YORK, May 15- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a third consecutive quarter in Q1, as bullion prices rebounded after notching their biggest annual loss in 32 years in 2013..
According to Institutional Investors' annual "rich list," the 25 highest paid hedge fund managers took home $21 billion in 2013. CNBC's Dominic Chu has the details.
NEW YORK, May 6- Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running by earning $3.5 billion in 2013 with a savvy bet on airline stocks, according to a new ranking. Tepper, who runs Appaloosa Management, was followed in second place by Steven A. Cohen, who earned $2.4 billion.
While these may not be the best of times for hedge funds, they're still pretty good for the best of the best.
BOSTON, April 7- Hedge fund manager John Paulson's returns dipped in March, hurt in part by losses in the gold market, two people familiar with the numbers told Reuters on Monday. The Paulson Advantage Plus Fund dipped 7.4 percent last month, cutting its year-to-date gains to 2.6 percent.
LONDON, March 31- Global initial public offerings almost doubled in value in the first quarter of 2014, Thomson Reuters data showed on Monday, with Europe leading the way thanks to a nascent economic recovery that lifted investors' confidence and stock markets. "There have been some fantastic deals," said Martin Thorneycroft, head of syndicate at Morgan Stanley.
SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.