The battle between Apple and David Einhorn got more heated
after the fund manager responded to comments made by CEO Tim Cook early Tuesday.
The plan emerged
after fund managers and insurers snapped up 6 per cent of the state - backed lender in five hours on Monday night, raising # 3.2 billion for the Treasury.»
Not exact matches
The 37 respondents to the survey — economists,
fund managers and strategists — are split over whether the Fed will hike an additional two or three times
after June.
Wesfarmers expects to free up $ 400 million of capital
after establishing a joint venture with unlisted property
fund manager ISPT.
When their
funds ran dry
after two years, they returned to work — Jason as an IT project
manager and Julie as a marketing
manager — and quickly devised a plan to take their lives on the road full time.
The Greenlight Capital hedge
fund manager is shorting oil services company Core Laboratories (clb), whose stock fell more than 2 %
after his presentation.
Nearly four - and - a-half years
after Bill Ackman bet $ 1 billion that Herbalife stock would fall — a losing bet so far for the hedge
fund manager — the nutrition products company is approaching what many investors see as a watershed moment, the final test that will determine which side was right.
After witnessing a 95 % decline in the pharmaceutical company's share price amid a series of scandals, Valeant's board, led by former shareholder and hedge
fund manager Bill Ackman, smartly tied Papa's compensation to a recovery in the stock price.
Shortly
after being found guilty of three federal felonies, former hedge
fund manager and pharmaceutical CEO Martin Shkreli called a press conference to announce he was «delighted» with the verdict — which could send him to prison for years.
McDonald's shares jumped in March
after hedge -
fund manager Larry Robbins of Glenview Capital Management said in a Bloomberg article the fast - food chain's market value could rise at least $ 20 billion by converting into a real estate investment trust.
Executives of the company, which allows its more than 100 million users to send messages that disappear
after a few seconds, are in advanced talks with
fund managers, the person told Bloomberg.
Kumar fainted and was hospitalized
after the authorities showed up at his Silicon Valley home, so it took a few hours to emerge that he'd been charged with fraud and conspiracy for tipping off a Wall Street hedge
fund manager.
The move comes
after the hedge
fund industry was thrown into disarray earlier this year as
managers rushed to comply with stringent new rules.
In contrast,
fund managers have been adding net long positions in gasoline and heating oil,
after cutting them in February and March, according to position records published by regulators and exchanges.
Buffett got into a behind the scenes dispute with hedge
fund manager Bill Ackman last year over Valeant,
after his No. 2 Charlie Munger compared Valeant to famously flawed conglomerate ITT.
The hedge
fund manager, whose Yelp stake was worth about $ 10 million at the end of 2015, has made at least several million dollars in the stock just this week,
after telling investors that he believes the company's revenue could double in the next three years.
A Bank of America Merrill Lynch note out Tuesday said that according to its global equity
fund manager survey, equity investors are asking companies to strengthen their balance sheets
after «recent record volumes of re-leveraging transactions.»
According to Bloomberg, the China Securities Regulatory Commission — China's stock market regulator — levied a $ 19.9 million yuan fine in September on Ye Fei, one of the country's most well - known hedge
fund managers,
after saying he manipulated five stocks earlier this year.
More from the Sohn Conference: David Einhorn shorts oil and gas stock Core Laboratories Investors Bancorp shares pop
after recommendation from Blue Harbour's Cliff Robbins Hedge
fund manager Palihapitiya calls Elon Musk «our generation's Thomas Edison»
Bill Ackman, the famously outspoken hedge
fund manager, has lost roughly $ 2 billion, on paper, on his investment in Valeant, the controversial drug company that plunged this past week
after a short seller compared it to Enron.
After cutting 15 % of his workforce in mid-2016, veteran hedge
fund manager Paul Tudor Jones introduced computer - driven tools that would imitate trades by the firm's best
managers, according to Bloomberg.
Morningstar late Monday cut the rating on the
fund — of which Gross was founder and sole named
manager --- to bronze from gold
after Gross» shocking resignation.
In addition, we invest with
managers in their second
fund after we have developed a relationship and understanding of their firm and portfolio.
Nick joined Leith Wheeler in June 2011
after spending the previous four years in London, England working as a Portfolio
Manager at Brevan Howard Asset Management and as an Investment Analyst at Sofaer Capital, where he managed natural resource - dedicated
funds with global mandates.
The $ 50 bln payroll processor's stock shot up 11 pct
after Bloomberg reported the hedge -
fund manager had built a stake.
P2P is very intriguing, and if I can get an account
manager to look
after my
funds, I will inject a good chunk of change.
After that, he often switches them to more transparent and lower - cost stock and bond
funds managed by institutional money
managers.
After months of investor concern regarding SunEdison's buying spree, a lawsuit by hedge
fund manager David Tepper stopped a loan that would have enabled the acquisition of Vivint Solar, and the house of cards began to fall, ending in a messy bankruptcy that threatened to drown its two yieldcos.
In Chile's case the companies were allowed to collapse
after their
managers had unloaded their stock holdings to the workers» pension
funds.
Fortress was among the first large hedge
fund managers to shutter a large macro strategy in the face of intense volatility last year, closing Michael Novogratz's $ 2.3 billion
fund in October
after steep losses and redemptions.
Study
after study has shown that only in five active mutual
fund managers of large - cap stocks portfolios will outperform the market.
Herbalife Ltd. won dismissal of a lawsuit by a shareholder who said he lost money
after hedge -
fund manager William Ackman accused the nutrition company of being a pyramid scheme.
In addition to his public writings, John is a sought -
after advisor to large hedge
funds and to leading money
managers.
Many BlackRock
fund managers have raised their emerging market (EM) allocations lately, and we've warmed up in general to the asset class
after a long underweight.
If one's counterargument to this fact is that this particular task is the job of a portfolio
manager, then (1) why assign such misleading titles like «financial consultant / adviser» to their employees when salesman is a more appropriate title; and (2) why does nearly every portfolio
manager employed by commercial investment firms stick to low - utility diversification strategies that consistently underperform non-managed, passive index
funds year
after year?
Summary of the Robin Hood conference: Einhorn, Tepper, Druckenmiller etc [ValueWalk] Profile of Renaissance Technologies» secretive Medallion
Fund [Bloomberg] Reflections on the Trump Presidency, after the election [Ray Dalio] How T. Boone Pickens sits tight in the riskiest of businesses [NYTimes] The next generation of hedge fund stars: data - crunching computers [NYTimes] Treasury officials are warning hedge funds could create the next big crisis [Vox] Bill Ackman's 2016 fortune: down, but far from out [NYTimes] Omega's Einhorn sees Trump's policies boosting stocks [Reuters] Tourbillon's Jason Karp says Trump will make stock pickers great again [Reuters] John Paulson got Trump elected and now has favor to ask [Vanity Fair] Jim Chanos says Valeant was biggest loser ever for hedge funds [CNBC] Credit Suisse said raising $ 2 billion for hedge fund stakes [Bloomberg] Tyrian Investments to close [Reuters] Hedge fund strategies no longer correlated with equity returns [Investing] Female fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueW
Fund [Bloomberg] Reflections on the Trump Presidency,
after the election [Ray Dalio] How T. Boone Pickens sits tight in the riskiest of businesses [NYTimes] The next generation of hedge
fund stars: data - crunching computers [NYTimes] Treasury officials are warning hedge funds could create the next big crisis [Vox] Bill Ackman's 2016 fortune: down, but far from out [NYTimes] Omega's Einhorn sees Trump's policies boosting stocks [Reuters] Tourbillon's Jason Karp says Trump will make stock pickers great again [Reuters] John Paulson got Trump elected and now has favor to ask [Vanity Fair] Jim Chanos says Valeant was biggest loser ever for hedge funds [CNBC] Credit Suisse said raising $ 2 billion for hedge fund stakes [Bloomberg] Tyrian Investments to close [Reuters] Hedge fund strategies no longer correlated with equity returns [Investing] Female fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueW
fund stars: data - crunching computers [NYTimes] Treasury officials are warning hedge
funds could create the next big crisis [Vox] Bill Ackman's 2016 fortune: down, but far from out [NYTimes] Omega's Einhorn sees Trump's policies boosting stocks [Reuters] Tourbillon's Jason Karp says Trump will make stock pickers great again [Reuters] John Paulson got Trump elected and now has favor to ask [Vanity Fair] Jim Chanos says Valeant was biggest loser ever for hedge
funds [CNBC] Credit Suisse said raising $ 2 billion for hedge
fund stakes [Bloomberg] Tyrian Investments to close [Reuters] Hedge fund strategies no longer correlated with equity returns [Investing] Female fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueW
fund stakes [Bloomberg] Tyrian Investments to close [Reuters] Hedge
fund strategies no longer correlated with equity returns [Investing] Female fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueW
fund strategies no longer correlated with equity returns [Investing] Female
fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueW
fund managers are a rarity across the globe [Morningstar] This is why alternatives are worth it [ValueWalk]
The vast majority of
fund managers will fail to outperform their benchmarks in the long - term,
after their fees have been deducted.
And we've just discussed how most full - time
fund managers can't beat the market
after fees, even with their resources.
Fund managers who got small allocations at the IPO were hopeful the stock would trade down
after Thursday's pop.
The bottom line is that
after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its
funding over, Pinochet - style, to Wall Street money
managers to loot as they did in Chile.
In company news, Standard Life Aberdeen PLC (LON: SLA) shares fell
after Lloyds Banking Group PLC (LON: LLOY) decided to pull # 109bn in
funds from the asset
manager.
Only
after regulations required disclosure of personal investment were some
managers shamed into finally investing in their own
funds.
In a paper on countercyclical investing, Bradley Jones at the International Monetary
Fund (IMF) points out that investors often hire active
managers just
after a period of outperformance, only to experience a period of subsequent underperformance based on where they are in the market cycle.3 Or
after doing a tremendous amount of due diligence to hire active
managers, institutional investors might be forced to replace underperforming
managers, only to leave alpha on the table as these fired
managers often outperform in subsequent periods.
Each of the six
managers said that they have no plans to retire, yet all six emphasized that they have structured their firms so that their
funds can continue
after they do eventually depart.
More than four decades
after Vanguard founder Jack Bogle opened the first S&P 500 Index
fund, the firm is laying the groundwork for a China expansion made easier by the nation's opening to foreign asset
managers.
Instead, the main talking point in support of passive
funds is that «active
managers on average fail to beat the benchmark
after fees.»
Yeah,
after tens of millions of people threw money at these
fund managers, hoping to double and triple their returns, they really got taken for a ride when those investments didn't pan out.
After a dramatic conversion to Christianity, former hedge
fund manager Martin Zuch changed career direction, launching two banana farm projects... More
10.50 am: Agricultural asset
manager Rural
Funds Group announced a net profit
after tax of $ 20.1 million, up 133 per cent from last year.
The
fund manager, who declined to be named, said there were too many examples of companies «blowing up»
after the «franchise CEO» had departed with a huge farewell payout.