Perry Capital Cuts Alp Ercil, George Brokaw and Andy Isikoff
Richard Perry's Perry Capital announced that it is cutting three partners and roughly 30 managers and analysts, as well as closing its Hong King office in an effort to refocus...
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Bo K. Brownstein Expected to Plead Guilty Today to Insider Trading
Bo K. Brownstein, the head of Big 5 Asset Management, is expected to plead guilty on insider trading charges today.
Andreas Halvorsen’s Viking Global and Others Up Big At Midday on Seagate Technologies $STX Increase
Several hedge funds made big Friday on Seagate Technologies (STX) after the stock swelled from $12.06 at close yesterday to trade at $14.74 midday.
Raj Rajaratnam, Convicted Insider Trader, to Get Kidney Transplant Paid for by Taxpayers
According to CNN Money, Raj Rajaratnam, the man recently sentenced to 11 years for insider trading, may be receiving a kidney transplant, at the taxpayers' expense.
Joel Greenblatt Talks About Hedge Fund Resiliency
Joel Greenblatt, Gotham Capital talked to the Wall Street Journal's Steve Eder yesterday about the resiliency of hedge funds. The video is embedded at the bottom of the page.
Phil Falcone’s Harbinger Top Holding $BHP Rumored to Be in Talks With Ferrous
According to Bloomberg, BHP Billiton Ltd (BHP) is in talks to buy Ferrous Resources Ltd, a Brazilian iron-ore producer. The deal is rumored to be worth around $3.2 billion.
Apollo Group $APOL Soars in Early Trading on Earnings Report, Hedge Funds Make Big
Several hedge funds made big after Apollo Group (APOL), the company behind University of Phoenix, reported profits and sales above analyst estimates, reported Businessweek.
Bernanke Says Fed Needs to Halt Asset Bubbles
Federal Reserve Chairman Ben Bernanke said Tuesday that the Fed may need to use monetary policy tools to prevent asset bubbles from forming reports CNBC.Bernanke was quick to ...
Hedge Funds Recovered Some of their $BAC Losses Today
Bank of America Corp (BAC) rose over 40 cents a share on news Tuesday that it "posted a profit of $6.2 billion, or 56 cents a share, compared to a year-ago loss of $7.3 billion...
6 Must Own Energy Stocks from T. Boone Pickens’ Portfolio
Although oil prices have taken a hit and natural gas prices have been in a downward trend this year, which has made a negative impact on energy stocks, it doesn't mean that these...
Green Mountain Coffee $GMCR Falls 11% in Midday Trading After Einhorn’s Presentation
Einhorn made a 110-slide case against the coffee company at the Value Investing Congress in New York on Monday afternoon.
Ex-Citadel Employee Accused of Stealing Proprietary Strategies Hires Attorney Carolyn Gurland
According to the Wall Street Journal, former Citadel employee Yihao "Ben" Pu was released Friday on a $25,000 cash bond on the condition he surrender his passport and allow his...
Friday’s 5 Pre-Market Winners
CNN Money said Friday morning that the market may finally have hit bottom.
Eric Bannasch’s Cadian Capital Boosted Its Position in $BGC
Eric Bannasch’s Cadian Capital boosted its position in General Cable Corporation (BGC) to 2.95 million shares, corresponding to a 5.65% stake of BGC’s total outstanding shares...
7 ‘Buy’ Rated Stocks Trading Under $10
Who says you need to spend a fortune to get a decent stock? In this volatile economy, there are lots of stocks priced under $10 a share that analysts are recommending to buy.
Hedge Funds Make a Bundle on $LIZ
Several funds made a bundle on Liz Claiborne, Inc. (LIZ) after it was announced Wednesday that JC Penney, Inc.
Paulson NOT Freezing Withdrawals
Correction: Insider Monkey incorrectly reported yesterday Paulson & Co was freezing withdrawals. Paulson & Co. is honoring all withdrawal requests.
Bill Miller’s 10 Favorite Stock Picks
Bill Miller is the portfolio manager and CIO of Legg Mason Capital Management.
T. Boone Pickens’ 10 Favorite Stocks
T. Boone Pickens started his career as an oilman.
Carl Icahn’s 10 Favorite Stocks
Carl Icahn is one of the highest paid fund managers in the industry.
Goffer Sentenced to 3 Years
Hedge fund trader Emanuel Goffer was sentenced to 3 years on Friday, October 7 for insider trading by US District Judge Richard Sullivan.
Hedge Funds Gain Big on MCP
Molycorp, Inc. (MCP) opened at $33.36 on Thursday, October 6 after closing at $32.26 the day before.
Clough Global Equity Fund $GLQ
Charles Clough is the founder of Clough Capital Partners, which reported nearly $5 Billion total assets in its last 13F filing.
Renaissance Technologies and Jim Simons’ New Bullish Bets
Renaissance Technologies is Jim Simons’ cash cow. RenTech’s quantitative investment strategies made Jim Simons one of the world’s richest men.
Ted Weschler Follows Buffett Rule of Low Pay
Ted Weschler, the new portfolio manager of Berkshire Hathaway, follows “the Buffet rule” of receiving less pay and a higher tax rate. (more…)
Top of the Morning: David Mercurio, Tony Hall, Tyco Splits, Netflix CEO apologizes, Institutional Investors
Man Group Plc (EMG) hired its first Asia- based portfolio manager focused on stocks as the world’s biggest hedge fund moves to expand its investments in the region.
Swiss Franc Ceiling, Anthony Scaramucci, Replication Funds, Obama Tax Reforms, Saba Capital
Hedge funds are considering ways to mount a counterattack against the Swiss National Bank, whose attempt to wrest control of the surging franc caught investors off-guard.
Hulbert Gold Newsletter Sentiment Index: Gold’s Rally Will Continue
Hulbert Gold Newsletter Sentiment Index (HGNSI) is 40.3% currently versus 67% in late July.
Balyasny Asset Management’s Top Stock Picks
Balyasny Asset Management is founded by Loyola graduate Dmitry Balyasny in 2001 with a team of 12 people.
Renaissance Quant Fund, Goldman Subpoena, Asian Hedge Funds
The Manhattan District Attorney's office has subpoenaed several hedge funds that invested in collateralized debt obligations marketed by Goldman Sachs.
Kraft Plans to Split-Up by 2012 $KFT
Last month, Kraft announced its plan to split itself into two companies by the end of 2012: one fast growing global snacks business includes Oreo cookies and Cadbury candy, and...
Three Stocks PIMCO Recommends in Today’s Market
In the interview with CNBC on Monday, Anne Gudefin, fund manager of PIMCO Pathfinder, said that in today’s tough economy, investors must be extremely careful in picking stocks...
John Paulson’s 10 New Stock Picks
John Paulson is the most successful hedge fund manager of the past four years.
Julian Robertson’s New Stock Picks $AMAP $CXO $SIRI $TAOM $TEVA
Legendary investor Julian Robertson doesn’t manage tens of billions of dollars and employ bright analysts anymore.
European Stocks Plunged, Led by French banks
European stocks tumbled Wednesday with growing fears (and rumors) that France’s AAA rating might be downgraded.
Eric Sprott Lost 8.6% in June
Canadian energy hedge funds were slammed in June. The reason is simple- they aren’t really hedged. Eric Sprott’s flagship fund lost 8.6% in June.
Jim Rogers, Hedge Fund’s Farmland Rush, Alden Global Capital
Veteran investor Jim Rogers tells Reuters Insider’s Chloe Hayward he is confident the euro zone will recover from its debt crisis and is staying long the euro.
Malcolm Fairbairn and Ascend Capital’s Top 10 Stock Picks
Ascend Capital is a San Francisco based long-short equity hedge fund that was founded in 1999. The fund’s founder and Chief Investment Officer is Malcolm Fairbairn.
Canadian Hedge Funds, Big Rock Capital, Permian Investment Partners
As Canadian hedge fund managers grab the attention of global investors, including their neighbors in the U.S., many are setting up offshore investment vehicles to capture the ...
Tetragon Financial, Tiger Global, Michael Kimelman, Alphonse Fletcher
Two hedge fund founders were accused in a U.S. lawsuit of using accounting manipulation to loot $205 million in fees from Tetragon Financial Group Ltd.
George Soros: Greece Default Inevitable, Europe Needs a Plan B
George Soros is concerned about Europe and argues that Europe must urgently introduce deposit insurance and sell Eurobonds to save Italy and Spain.
Greenlight Capital’s Q2 2011 Investor Letter
David Einhorn's Greenlight Capital lost 5% during the first half of 2011.
Who Holds the Greek Debt?
Greece hasn't defaulted yet officially, but it seems certain now that it will default. We are wondering who holds the Greek debt.
Steve Cohen’s Alpha: A Mystery Is Solved
Steve Cohen is a hedge fund legend. SAC Capital has been nearly consistently delivering high returns for its investors since 1992.
David Winton Harding, Hedge Funds and Obama, Christian Levett
Managed futures guru David Winton Harding graduated from the University of Cambridge in 1982 with a first-class honors degree in theoretical physics, but decided he'd rather have...
Bruce Berkowitz Is Extremely Bullish About Bank of America $BAC
Fairholme Capital's Bruce Berkowitz spoke with Bloomberg Television today.
Was David Tepper Really 40% Right on Banks?
"David Tepper, founder of hedge fund Appaloosa Management LP, used his investments in the largest banks that year to drive a 132 percent return in 2009, making his fund the best...
Hedge Fund Gossip Leads to Poor Performance and Increased Risk
According to a study by Charles Baden-Fuller, professor of strategy at London’s Cass Business School, the nosier a hedge fund manager is about the affairs of their rivals, the...
China’s Property Bubble, Millennium Management’s John Novogratz, Baupost
“If this overheated property market, on all sides of the market, if it does not coool down in 2011, we will continue seeing more hot money to pour into it and more national ...
