Hedge Funds John Paulson

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  • LONDON, June 15- Activist investors Carl Icahn and John Paulson are making American International Group more transparent through their representation on its board, the U.S. insurer's president and chief executive Peter Hancock said on Wednesday. Hedge fund manager Paulson and Samuel Merksamer, a managing director at Icahn Capital, joined the AIG board last...

  • NEW YORK, June 14- SkyBridge Capital, a big investor in hedge funds, cut its stakes in portfolios managed by Daniel Loeb and John Paulson and exited funds of other prominent investors in the first quarter, a U.S. regulatory filing showed. The pullback was the largest at Loeb's $16.5 billion hedge fund Third Point, which a year ago had managed about 10 percent of the...

  • NEW YORK/ LONDON, May 17- Gold prices rose on Tuesday, reversing earlier losses after a weaker dollar and falling stock markets spurred safe-haven buying of the precious metal. Spot gold was up 0.3 percent at $1,277 per ounce by 2:58 p.m. EDT, while U.S. gold futures settled up 0.2 percent at $1,276.9. "Gold has been supported as of late as the ongoing theme over the...

  • *Paulson cuts gold bets; Soros rushes back in. NEW YORK/ LONDON, May 17- Gold prices rose on Tuesday, reversing earlier losses after a weaker dollar and falling stock markets spurred safe-haven buying of the precious metal. Spot gold was trading 0.4 percent higher at $1,278.7 per ounce at 11:17 a.m. EDT, while U.S. gold futures were also up 0.55 percent at $1,281.20.

  • LONDON, May 17- Gold edged lower on Tuesday, after better-than-expected U.S. data and gains in European stock markets which reduced the appeal of the precious metal often perceived as a refuge from riskier assets. Spot gold fell 0.1 percent to $1,272.31 per ounce by 1340 GMT, while U.S. gold futures were also down 0.1 percent at $1,273.40. "There is a little profit...

  • *Palladium lagging gains in gold, silver, platinum. LONDON, May 17- Investor appetite for palladium-backed exchange-traded funds is failing to pick up after a dismal 2015, pointing to another difficult year for the metal despite the prospect of a deepening supply deficit. "It is a big concern," Julius Baer analyst Carsten Meneke said.

  • *U.S. inflation data due at 1230 GMT. LONDON, May 17- Gold edged down on Tuesday partly in response to gains in global stock markets which reduced the appeal of the precious metal, often perceived as a refuge from riskier assets. Spot gold fell 0.3 percent to $1,270.31 per ounce by 1006 GMT, while U.S. gold futures were down 0.2 percent at $1,272.00.

  • *George Soros buys into SPDR fund for first time in 3 yrs. U.S. gold futures were up 0.6 percent at $1,281.30 "There is more of a positive tone to rhetoric on the gold price outlook that may effect prices, but eventually it is the U.S. dollar that is the key driver," said analyst Helen Lau of Argonaut Securities in Hong Kong. However, gains were limited as Asian shares rose...

  • *Spot gold rose 0.25 percent to $1,276.70 per ounce at 0041 GMT. *Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Corp and oil price gains boosted Wall Street. *MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent, extending the recovery from its two month low set on Friday.

  • "Timing-wise, a few things play together," said Rudolf Bohli, founder and chief investment officer at RBR Capital, which launched a fund for Greece in May and has already started buying shares in local companies. Fears that Greece will tumble out of the euro have receded from a year ago, although Prime Minister Alexis Tsipras's promise that Greece's May 1 Orthodox...

  • The insurer's near collapse in 2008 and its $182 billion bailout by the U.S. government led to its inclusion in the Federal Reserve's list of "systemically important financial institutions". Chief Executive Peter Hancock said in March that a judge's ruling that MetLife Inc was not "too big to fail" opened up an opportunity for AIG to seek an exemption from the...

  • The insurer's near collapse in 2008 and its $182 billion bailout by the U.S. government led to its inclusion in the Federal Reserve's list of "systemically important financial institutions". Chief Executive Peter Hancock said in March that a judge's ruling that MetLife Inc was not "too big to fail" opened up an opportunity for AIG to seek an exemption from the...

  • Peter Hancock, chief executive officer of American International Group Inc., speaks during an interview on the floor of the New York Stock Exchange (NYSE) in New York.

    AIG missed estimates with first-quarter adjusted earnings of 65 cents per share, but continued to cut expenses.

  • Bill Ackman poses with winners of the Pershing Square Challenge at the Heilbrunn Center for Graham & Dodd Investing, Columbia Business School.

    Hedge fund titan Bill Ackman is best known for his investments in the market, but it's another investment that's grabbing the attention of Wall Street.

  • BOSTON/ NEW YORK, April 5- For hedge fund titan John Paulson, history may be repeating itself. The Paulson Partners fund, which bets on corporate events such as mergers, is down 7.7 percent in 2016 through February, according to a person familiar with the returns. The Paulson Advantage Plus Fund lost 11.24 percent in the first two months of the year.

  • March 30- AIG's mortgage insurance unit, United Guaranty Corp, filed for an initial public offering of up to $100 million with U.S. regulators, as part of a previously announced move to spin off the business. Morgan and Morgan Stanley are among those underwriting the IPO, the company said in a preliminary prospectus filed with the U.S. Securities and Exchange...

  • NEW YORK, March 24- Donald Trump's presidential campaign is built on his business acumen. But some of the Wall Street funds that he has invested in have proven less successful, underperforming industry benchmarks in the last 15 months, according to a Reuters examination. "I put some money with people that are friends," the New York businessman said by phone on Monday,...

  • NEW YORK, March 8- Embattled drug company Valeant Pharmaceuticals International Inc, whose stock price has tumbled 38 percent this year, will appoint three new board members as soon as Wednesday, people familiar with the matter said on Tuesday. The drug maker will award one of the seats to Pershing Square Capital Management, one of its biggest investors, two...

  • NEW YORK, March 8- Embattled drug company Valeant Pharmaceuticals, whose stock price has tumbled 38 percent this year, is mulling giving board seats to activist hedge fund Pershing Square Capital Management, one of its biggest investors, two people familiar with the matter said. Stephen Fraidin, a veteran Wall Street lawyer who is vice chairman at William...

  • NEW YORK, Feb 29- American Eagle gold coin sales in February more than quadrupled year-over-year as bullion prices surged to a one-year high, U.S. On Feb. 11, the metal gained the most in one day in more than seven years to $1,260.60 an ounce, the highest in a year. Others, such as Soros Fund Management LLC and Jana Partners LLC, had already eliminated large stakes in the...