Hedge Funds John Paulson

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post. Mnuchin is the first person with extensive Wall Street experience to head the Treasury...

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in eight years. Mnuchin is the first person with Wall Street experience to...

  • WASHINGTON, Nov 29- President-elect Donald Trump is expected to name former Goldman Sachs partner and Hollywood financier Steven Mnuchin as his nominee for Treasury secretary, a source said on Tuesday, putting a Wall Street veteran in the top U.S. economic Cabinet post for the first time in eight years. Mnuchin is the first person with Wall Street experience to...

  • NEW YORK, Nov 14- Healthcare stocks, including insurers, have jumped since Donald Trump won the U.S. presidential election last week and some hedge fund managers may see further gains in after making new bets in the sector in the third quarter. Billionaire investor Daniel Loeb's Third Point portfolio invested in insurer Humana Inc during the third quarter,...

  • NEW YORK, Nov 14- Soros Fund Management LLC dissolved its shares in the world's biggest gold exchange-traded fund in the third quarter of 2016, ahead of the U.S. presidential election, a U.S. Securities and Exchange Commission filing showed on Monday. By the end of September, billionaire financier George Soros' fund eliminated its position in SPDR Gold Trust as...

  • NEW YORK, Nov 14- Paulson& Co held its stake in SPDR Gold Trust unchanged in the third quarter of 2016 as bullion prices briefly rose to the highest in more than two years, filings with the U.S. Securities and Exchange Commission showed on Monday. New York- based Paulson& Co, led by longtime gold bull John Paulson, left its stake in SPDR Gold Trust, the world's biggest gold...

  • NEW YORK, Nov 10- Wall Street power brokers may have rolled their eyes in private when ex-Goldman Sachs Group Inc banker Steven Mnuchin agreed to be Donald Trump's national finance chairman, but now they are lining up to meet him. During the presidential campaign, many people on Wall Street had supported his Democratic rival Hillary Clinton viewing her as a...

  • NEW YORK, Nov 10- Wall Street power brokers may have rolled their eyes in private when ex-Goldman Sachs Group Inc banker Steven Mnuchin agreed to be Donald Trump's national finance chairman, but now they are lining up to meet him. During the presidential campaign, many people on Wall Street had supported his Democratic rival Hillary Clinton viewing her as a...

  • NEW YORK, Nov 3- Goldman Sachs Group Inc has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis. ACA Financial Guaranty Corp claimed Goldman and the hedge fund headed by John Paulson tricked it into insuring the CDO,...

  • BOSTON, Oct 20- Investors frustrated by poor returns and high fees at hedge funds pulled out roughly 1 percent of industry capital in the third quarter, with outflows totaling $28 billion. Third-quarter redemptions nearly tripled from the $8.2 billion investors redeemed during the second quarter, raising the amount of money pulled out this year to $51.5...

  • NEW YORK, Oct 18- Next time you knock back a cold Sam Adams beer, you have one man in particular to thank for it: Jim Koch. The co-founder of Boston Beer Company comes from a long line of brewers, and culled the original Sam Adams formula from his great-grandfather's old recipes. Q: Growing up in southern Ohio, who exactly were you learning from?

  • NEW YORK/ BOSTON, Oct 17- Largely united in their dislike of Republican presidential candidate Donald Trump, some ultra-wealthy U.S. investors who play in conservative politics are warily weighing their choices, torn between third-party candidates, simply focusing on down-ballot contests or even voting for Democrat Hillary Clinton. Stanley Druckenmiller,...

  • Oct 17- Bets on expensive but poorly performing hedge funds have cost pensioners in New York $3.8 billion in the last eight years, according to a report published by the state's financial regulator on Monday. "Hedge fund managers continue to reap hundreds of millions of dollars in fees, regardless of their performance, which is a rip-off at the expense of...

  • David Tepper, founder of Appaloosa Management

    Hedge fund billionaire David Tepper tells CNBC that a "fairly bad choice" of presidential candidates is "affecting things."

  • Democratic presidential candidate Hillary Clinton reacts after speaking at a campaign event at Temple University in Philadelphia, Pennsylvania, U.S. September 19, 2016.

    Democratic presidential contender Hillary Clinton remains by far the favored candidate among hedge-fund managers.

  • Steinway piano, keys

    Michael Sweeney, who had been Steinway & Sons CEO since 2011, left in mid-August for unknown reasons.

  • Donald Trump

    Lofty predictions for sizable hedge fund industry support for the Donald Trump presidential campaign have fallen short.

  • LONDON, Aug 16- Gold cut its gains on Tuesday after mixed U.S. economic data failed to give clarity on the prospects for a U.S. interest rate rise this year. Technically, gold's next support stands at $1,335 an ounce, while there is strong resistance in the $1,355- $1,360 area. These levels are unlikely to be broken in the short term, unless there is a dramatic change in...

  • LONDON, Aug 16- Gold rose 1.2 percent on Tuesday after the dollar fell to a seven-week low as traders reined in U.S. interest rate rise bets following dovish comments from a Federal Reserve policymaker. Spot gold rose to a session high of $1,355.10 an ounce and was up 1.1 percent at $1,353.55 by 1211 GMT. Spot gold was within reach of the more than two-year high of...

  • LONDON, Aug 16- Gold rose around 1 percent on Tuesday as a series of lower-than-expected U.S. economic data weighed on the dollar and reduced prospects for a Federal Reserve interest rate hike this year. Spot gold rose to a session high of $1,353.23 an ounce and was up 1 percent at $1,351.35 by 1010 GMT. Spot gold was within reach of a more than two-year high of...