Hedge Funds

At Facebook, public funds join push to remove Zuckerberg as chairman

At Facebook, public funds join push to remove Zuckerberg as chairman

Published 17/10/2018

(Reuters) - Four major U.S. public funds that hold shares in Facebook Inc on Wednesday proposed removing Chief Executive Officer Mark Zuckerberg as chairman following [more…]

PIMCO taps Erin Browne as managing director and portfolio manager

PIMCO taps Erin Browne as managing director and portfolio manager

Published 15/10/2018

NEW YORK (Reuters) - PIMCO, one of the world’s largest fixed-income managers, on Monday named Erin Browne, previously of UBS Asset Management and Steve Cohen’s [more…]

Oil drops to around $83 on expectations Iran will maintain some…

Oil drops to around $83 on expectations Iran will maintain some…

Published 08/10/2018

LONDON (Reuters) - Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the [more…]

Emerging market stocks’ descent to 17 month lows entices U.S….

Emerging market stocks’ descent to 17 month lows entices U.S….

Published 08/10/2018

NEW YORK (Reuters) - The steep decline in emerging market stocks since early this year are attracting some U.S. fund managers who think they may [more…]

Gulati’s Antara Capital launches with Blackstone money

Gulati’s Antara Capital launches with Blackstone money

Published 05/10/2018

BOSTON (Reuters) - Hedge fund manager Himanshu Gulati, who received startup capital from Blackstone Group LP, launched Antara Capital Partners this week with roughly $200 [more…]

Under fire from Musk, top fund firms defend securities lending

Under fire from Musk, top fund firms defend securities lending

Published 05/10/2018

BOSTON (Reuters) - Accused by Tesla Inc Chief Executive Elon Musk of making “excessive profit” by lending shares to short-sellers, top index fund companies shot [more…]

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

‘Despondent’ Musk’s Tesla resembles Lehman, Greenlight’s Einhorn says

Published 05/10/2018

NEW YORK (Reuters) - Hedge fund manager David Einhorn lambasted Tesla Inc (TSLA.O) and its “despondent” Chief Executive Elon Musk on Friday, comparing the electric [more…]

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Published 01/10/2018

LONDON (Reuters) - Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the [more…]

Harbinger hedge fund manager to pay $30 million in New York tax accord

Harbinger hedge fund manager to pay $30 million in New York tax accord

Published 27/09/2018

NEW YORK (Reuters) - An offshore hedge fund firm whose investing was led by money manager Philip Falcone will pay $30 million to resolve claims [more…]

Dell revisits IPO option amid tracking stock deal pushback -sources

Dell revisits IPO option amid tracking stock deal pushback -sources

Published 23/09/2018

(Reuters) - Dell Technologies Inc (DVMT.N) is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public [more…]