Hedge Fund News

Hedge Fund Billionaire Wants to Redefine Capitalism

June 17, 2018 James Heinsman Hedge Fund News

Paul Tudor Jones, billionaire hedge fund manager, says the 50-year-old definition of capitalism coined by Milton Friedman is outdated in today’s world of the mega-rich. According to Friedman the “social responsibility of a company is to improve its profits.” But Jones says that this definition needs updating. “When Milton Friedman said that, tax rates had […]

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capitalism, Just Capital, Milton Friedman, Paul Tudor Jones, The Robin Hood Foundation,

Hedge Fund Short Selling Favorites

May 28, 2018 James Heinsman Hedge Fund News

Betting that a company’s stock will lose value is called short selling, and hedge fund managers use this strategy as one more way to make their money work hard for them. We usually look at the most popular investments hedge funds are making– its almost always bets on the belief that the company’s stock price […]

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AT&T, CVS Health, Hedge Fund Trend Monitor, Intel, Nvidia,

Cryptocurrency Funds Coming Back to Life

May 15, 2018 James Heinsman Hedge Fund News

In case you were wondering where all the noise over cryptocurrency retreated to, you need wonder no more. After garnering much excitement at the end of 2017, when the year long gain notched a mouth-watering 1700 percent growth, (yes that’s 17 with two zeroes), the first quarter of 2018 was a bit bumpier. Eurekahedge observed […]

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bitcoin, crypto-currency, ethereum, Eurekahedge,

Hedge Funds Beat S&P First Time in Decade

May 9, 2018 James Heinsman Hedge Fund News

For the past several years we have been watching hedge funds closing down and returning what’s left of their investors’ money. High fees and low yields have played fast and furious with the reputation of hedge funds, painting them as poor choices for savvy investors. So it may come as a surprise to hear that […]

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Kenneth J. Heinz, S&P 500,

Sohn Conference Stars are the “Little Guys”

April 23, 2018 James Heinsman Hedge Fund News

Another year has passed since the last annual Sohn Investment Conference, the highly anticipated event in which managers big and small present their investment ideas for the coming year. Once again, the most successful investment ideas come from the more modest sources, while the higher profile investors’ ideas are not as profitable. According to a […]

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David Einhorn, Ira Sohn Stock Game, Josh Resnick, Larry Robbins, Sohn Investment Conference,

Longtime Hedge Fund Pennant Cap Management Closing

April 2, 2018 James Heinsman Hedge Fund News

Alan Fournier’s 17-year-old Pennant Capital Management, with a $1.5 billion AUM is closing shop. The fund has been struggling since the 2008 financial crisis. “While I take great pride in our long-term returns, especially in light of our consistent low risk portfolio structure, our recent returns have been disappointing,” Fournier told investors. “I have been […]

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Alan Fournier, David Tepper, Pennant Capital Management,

February a Bad Month for Quants

March 26, 2018 James Heinsman Hedge Fund News

This past February marked the worst performance month for quantitative hedge funds in 17 years. These hedge funds, which rely on following trends and computer-based analysis were fooled by the steady upward movement of stocks ending in a sudden downturn, one of the fastest market corrections in history. “Commodity trading advisors” (CTAs) or managed futures […]

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Commodity trading advisors, CTA, Marlin Naidoo, Sushil Wadhawani,

Paulson Hedge Fund Circling the Wagons

March 18, 2018 James Heinsman Hedge Fund News

The vast empire of funds under management by John Paulson’s management firm is continuing to dwindle in size with layoffs and redemptions. Paulson’s company, once one of the largest in the sector, announced it will be returning money to investors in some of the firm’s funds including the Credit Opportunities fund. People with money in […]

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John Paulson, layoffs, Steinway,

Citadel’s Aptigon Lays Off 34% of Staff

March 12, 2018 James Heinsman Hedge Fund News

One of the world’s largest hedge funds, Citadel, has shrunk the size of its stock-picking division, Aptigon. The company fired 49 people between the end of February and early March from its two-year old unit, a loss of 34% of staff. Among the people who lost their jobs were portfolio managers, analysts, associates and others. […]

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Aptigon, Citadel,

Einhorn’s Greenlight Hits Red Light in February

March 4, 2018 James Heinsman Hedge Fund News

Performing more poorly than the S&P 500 Index loss of 3.7 percent in February, David Einhorn’s main fund, Greenlight Capital, lost 6.2 percent during the same period for a total downturn of 12.3 percent for 2018. Einhorn explained that his hedge fund was going through its worst performance in its history after losing 6.6 percent in […]

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Amazon, Brighthouse Financial, David Einhorn, General Motors, Greenlight Capital,

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