Hedge Crunch FinancialIn the News
Human Nature Dictates How We Invest, Not Logic: New Study Shows
Despite the mounting empirical evidence that passively investing in exchange-traded funds and other index type funds, money continues to flow into managed hedge funds with active fund managers. A research paper published in June concludes that the idea of realizing higher returns by doing less seems too good to be true to investors, and they […]
Top 25 Fund Managers Earned $15.38 Billion Collectively in 2017
Hedge funds seem to be rebounding from their years-long slump, with 2017 being spectacularly lucrative for the extremely lucky few. Four hedge fund managers realized personal annual earnings topping the one-billion-dollar mark, an astronomically good years wages by anyone’s standards. Those four include James Simons of Renaissance Technologies with a sweet $1.7 billion; David Tepper […]
NFL’s Panthers a Great Bet for Investor Tepper
David Tepper, billionaire hedge fund manager, is after the NFL’s Carolina Panthers for about $2.2 billion about double what Forbes says it was worth in 2007, about $957 million. Observers see his move as one with long-term promise. The deal is still not approved, the NFL has to sign-off before it is official, but if […]
Its Time to Invest in Oil Development Says Hedge Fund Manager
One of the most respected hedge fund managers in the oil sector, Pierre Andurand, said that today’s general avoidance of investing in new oil production could lead to oil prices going to $300/barrel within just a few years. Andurand tweeted his viewpoint on Sunday. Known for his usually bullish approach to investing, he explained that […]
Is Tesla the New Enron?
Some analysts are wondering if high-flying Tesla will end up being the huge disappointment Enron turned out to be: one of the biggest failures in Wall Street history. Harris Kupperman of Praetorian Capital has been wondering out loud if Tesla is on its way to oblivion. Short-seller Jim Chanos said something similar about Tesla near […]
Denver Post in Open Rebellion Against Its Hedge Fund Owner
Pulitzer Prize winning Denver Post finally decided to take action to improve what was becoming an increasingly untenable position for the 125-year-old newspaper. Over the weekend the paper went to its own opinion page declaring “News Matters- Colorado should demand the newspaper it deserves.” This move was a response to a problem that effects newspapers […]
Asian Startups Worth Watching
Asia is certainly a place to keep your eyes open for emerging hedge funds. Last year, as Asia-focused funds were some of the top performers, global investors are showing more of an interest in the area. In 2017, an estimated 37 Asia-focused hedge funds started. Interestingly however, the average new fund last year started with […]
Lawsuit Brought Against Managers for Poor Returns
Kentucky state taxpayers and the Kentucky Retirement Systems’ pension plans had a group of lawyers file on their behalf a lawsuit against KKR & Co., Blackstone Group and their founders. The lawyers are being advised by William Leach, who is a former class-action lawyer who, at the height of his powers engendered fear at corporations […]
Carried Interest Will Not Go Away
Despite the best efforts of the White House and outspoken economists, the notorious tax loophole for the rich known as Carried Interest is still part of the tax code. The administration’s chief economic advisor, Gary Cohn, explained that the White House tried tirelessly to erase this hedge-fund loophole in the tax reform bill. Getting rid […]
Is Bitcoin in a Bubble? Experts Say Yes
As the value of one bitcoin explodes past $11,000, some in the hedge fund community are bad-mouthing the rise of the mysterious cryptocurrency. Ken Griffin, founder and CEO of the Citadel hedge fund, compares the recent blast-off of bitcoin to the infamous tulip bulb bubble in 17th century Holland, also known as “tulipmania.” Griffin believes […]