Warren Buffet said that Berkshire reputation as a lender of last resort will get stronger under its next CEO because the company will have more capital to deploy in times of crisis. Warren Buffett boosted returns at his company in recent years by injecting a combined $8 billion into Goldman Sachs Group Inc. and General [...]

Pages: 1 2

The current low interest-rate environment, combined with an abundant issuance of Asian corporate bonds, has set the stage for a comeback of credit hedge funds in the region. Industry data provider Eurekahedge lists fixed income hedge funds as the second- best performing Asia strategy last year, with an average gain of 11.7%, behind event-driven funds, [...]

Hedge fund Diamondback Capital Management Manager Todd Newman Sentenced 4.5 Years in Prison. Hedge fund manager Todd Newman was sentenced to 4 1/2 years in prison for his role in an insider-trading scheme that used tips from technology company insiders to earn $72 million. U.S. District Judge Richard Sullivan imposed the term today in Manhattan [...]

Valiant Capital Management, the hedge fund Hansen runs, posted an 8.7 percent net loss for the first quarter across its holdings, the finance blog Institutional Investor’s Alpha reported Monday. Chris Hansen has another problem besides the NBA owners and league commissioner David Stern: The hedge fund that positioned him to lead a bid for the [...]

John Paulson’s Hedge Fund Paulson & Co. Inc. is leading the push to privatize Fannie Mae and Freddie Mac- urging Congress to abandon plans to liquidate Fannie Mae (FNMA) and Freddie Mac.  Investors react by buying up preferred stock that has long been considered worthless. Washington-based Fannie Mae buys mortgages from lenders and package them into securities [...]

Hedge funds and Herbalife Who wants to be a Millionaire Hedge fund manager Bill Ackman appropriated the title of the game show for a presentation labeling multilevel marketing firm Herbalife Ltd HLF +0.84% a “pyramid scheme,” a charge the company disputes vigorously. Rather than joining him in selling shares of the stock short, though, fellow [...]

Hooray for Alan Howard, named at the top of the list for wealthiest U.K hedge fund managers.  - List below is the Sunday Times list of the 20 wealthiest hedge fund managers along with their estimated wealth in pounds. Individual Firm 2013 2012 Alan Howard Brevan Howard 1.5b 1.4b Alexander Knaster Pamplona Capital 1.1b 890m Michael [...]

This article was originally published by The Economist, but not everyone agrees with this report.  While their has been a slowdown in new fund launches, this is only relative to the last 12-18 months.  Also, this article states that new funds typically launch with $50-100 million and while that may have been the case in [...]

Institutional Investor’s Alpha has released its 12th annual rich list, which ranks the top-earning hedge fund managers for the year. According to Institutional Investor’s Alpha’s analysis, the 25 highest earning hedge fund managers brought in a combined $14.14 billion in 2012. That’s the lowest total since 2008. Fund managers are paid through a compensation structure commonly [...]

Pages: 1 2 3 4 5 6 7 8 9 10

The gold bloodbath that hit the market over the past two trading sessions has definitely caused a dent in the portfolio of billionaire hedge fund managers.  John Paulson and David Einhorn suffered combined losses of more than $640 million since Friday, according to their latest SEC filings, with the bulk concentrated in the former’s massive position in the SPDR Gold ETF. [...]

Average bonus climbs 31%, contributes to double-digit increase in overall pay. Hedge fund professionals are enjoying fat wallets once again. Their average cash compensation rose 15 percent to $314,000, according to the 2013 Hedge Fund Compensation Report. In addition to analyzing the salaries and bonuses of hundreds of hedge fund pros, the yearly report also examines [...]

A former KPMG partner leaked tips about Herbalife and Skechers leading to KPMG resigning as those companies’ auditor. Scott London, the Los Angeles-based partner who was fired on Friday, said he had given some non-public information to one person. That person, whom London said was “someone I’d known from the golf club,” is not linked [...]