"We have seen outflows from government bonds and the next big migration is going to be into equities," said Tim Garry, a portfolio manager at $3.7 billion Passport Capital. Debating exactly where strong returns might come from after a largely lackluster year for hedge funds was the key topic at the GAIM USA 2013 conference in Florida.
"We have seen outflows from government bonds and the next big migration is going to be into equities," said Tim Garry, a portfolio manager at $3.7 billion Passport Capital. Debating exactly where strong returns might come from after a largely lackluster year for hedge funds was the key topic at the GAIM USA 2013 conference in Florida.
HONG KONG, Jan 21- For those investing into Asia's hedge funds last year, smaller was better. The region's largest hedge funds- those managing more than $500 million- delivered weaker returns on average than nimbler, small to medium-sized funds, according to fund research and people with knowledge of the individual funds.
*UK retail stocks top shorts in FTSE 250. LONDON, Jan 16- Hedge funds are betting that a prolonged consumer squeeze and a further shift to online shopping could spell trouble for Britain's retail chains, and are targeting some of its best-known electrical, clothes and supermarket stores.
NEW YORK, Jan 10- Prominent banks and hedge funds have fled the natural gas market due to the sharp decline in prices but Bill Perkins, a trader at the now-defunct commodity hedge fund Centaurus Energy, says there is still plenty of money to be made there.
*Alcoa shares down after positive outlook for the year. *Herbalife up 4.2 pct on news hedge fund manager Loeb took stake. Herbalife Ltd stock rose 4.2 percent to $39.95 in its most active day of trading in the company's history, after hedge fund manager Dan Loeb took a large stake in the nutritional supplements seller.
LONDON, Jan 9- Betting against the European Central Bank, and the eurozone's survival in general, proved a costly strategy for hedge funds in 2012..
NEW YORK, Jan 8- James "Jes" Staley is leaving his job as chairman of the investment banking unit of JPMorgan Chase& Co to join a hedge fund that profited from the bank's $6.2 billion derivatives loss at the hands of the "London Whale" trader.
*Managed money net longs at $70 bln vs $67 bln year ago. Open interest in U.S. crude held by money managers fell from 77,717 lots worth about $8 billion to just around 13,391 lots valued at less than $1.3 billion, according to data from the U.S. Commodity Futures Trading Commission.
NEW YORK, Jan 4- U.S. financial regulators are pushing to turn hedge funds into informers on the white collar crime beat.
*Apple, gold hurt Einhorn and Loeb. For Einhorn, who has moved stock prices by simply opening his mouth, 2012 ended with lackluster returns when his Greenlight Capital lost 2.8 percent in December, a person familiar with the fund's performance said.
NEW YORK, Jan 4- U.S. financial regulators are pushing to turn hedge funds into informers on the white collar crime beat.
For Einhorn, who has moved stock prices by simply opening his mouth, 2012 ended with lackluster returns when his Greenlight Capital lost 2.8 percent in December, a person familiar with the fund's performance said.
NEW YORK, Dec 27- Porsche Automobil Holding SE on Thursday won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.