Sentences with phrase «dollar hedge fund for»

On the verge of making partner, Josh Pratt's life is turned upside down when the SEC investigates the head of his multibillion - dollar hedge fund for insider trading.

Not exact matches

In 2015, Ackman, the founder of hedge fund Pershing Square, announced his multi-billion dollar bet on Valeant Pharmaceuticals (vrx); he proceeded to lose nearly his entire investment, or $ 7.7 million every day for about two years, as Valeant stock sank 95 %.

It's not a product intended for the billion dollar hedge fund.

The billions of dollars managed by mutual funds, hedge funds, insurance companies, university endowments, pensions, foundations, sovereign wealth funds and the like need to find returns for their money.

Four decades later, Bridgewater has grown to be the largest hedge fund in the world, managing over 160 billion dollars, and making more money for its investors than any other hedge fund in history.

For most of the hedge funds, the strategy is pretty simple: First, buy a distressed company's bonds for cents on the dollFor most of the hedge funds, the strategy is pretty simple: First, buy a distressed company's bonds for cents on the dollfor cents on the dollar.

John also served as the VP and Head of Corporate Development for an early - stage renewable energy and feed company based in Florida as well as a Director in Business Development at Valens Capital, a billion dollar hedge fund focused on providing flexible, custom - tailored and cost - effective debt and equity growth financing solutions to small - cap public and private companies.

Icahn had spent the 2000s making hundreds of millions of dollars the new - fashioned way: Creating a hedge fund structure, so that he could invest his own money alongside people willing to give him 2.5 % of their investment, plus 25 % of their profits, for the privilege.

Currency Hedges Because of the U.S. dollar's continued weakness relative to other global currencies, we added to existing hedge positions and initiated a hedge for part of the Fund's euro exposure.

We conduct trillions of dollars annually in financial transactions for our customers, including the world's largest banks, broker - dealers, investment banks, trading firms, hedge funds, governments and investment firms.

Sandler's hedge fund started new longs in: AON Coca Cola Enterprises Raytheon Monsanto TD Ameritrade Research in Motion Avon Products Dollar Tree Stores American Eagle Outfitters Beckman Coulter They also added to existing long positions in: JPMorgan Chase Google Charles Schwab Fidelity National Information Services They reduced their position size in: Reed Elsevier CSX Ross Stores Carnival Abbott Labs Hasbro Nintendo And lastly, they sold completely out of: Nestle General Mills Northrup Grumman Eminence was up 1.7 % gross for the first quarter as noted in our hedge fund performances update.

That is only a fraction of the income - tax rate that most workers pay — on top of which is piled the 11 % FICA wage withholding for Social Security and Medicare that all workers have to pay on their salaries up to the cut - off point of about $ 102,000 (This cut - off frees from this tax the tens of millions of dollars that hedge fund traders pay themselves).

But for a multibillion dollar hedge fund, it's not.

As such, our precious metals funds have hedged Canadian dollar exposure for Canadian gold stocks, which has benefited our overall performance.

And ignorance of how to model such spikes accounts for why «black swan» funds do well over time,» he said, referring to Universa, a hedge fund for which Nassim Taleb is a consultant and had reportedly made a billion dollars during the August market plunge.

For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed Income products which will be treated as Canadian content provided that the currency exposure on those holdings is hedged into Canadian Dollars.

New NYC Comptroller Scott Stringer is calling for an end to what he describes as a tax loophole that allows New York City private equity firms, hedge funds and venture capital firms to keep several hundred million dollars a year in their coffers instead of giving it to the tax man.

I find it interesting that the Comptroller's spokesmen continue to try to demonize Mr. Wilson for having worked at a hedge fund when they themselves continue to invest pension dollars in hedge funds, you can't have it both ways.

He also knocked Donovan for being too close to Wall Street and criticized him for having received tens of thousands of dollars in campaign donations from a single hedge fund executive.

Page Six has learned that Jana Partners hedge funder Barry Rosenstein — who is set to make hundreds of millions of dollars from Amazon's potential acquisition of Whole Foods, thanks to his 9 percent stake in the supermarket chain — is hosting a cocktail party for Cuomo at his luxurious East Hampton estate on Saturday.

Norman Seabrook, president of the Correction Officers» Benevolent Association, personally got tens of thousands of dollars in kickbacks for steering about $ 20 million in union money to the Platinum Partners hedge fund in a scheme dating back to December 2013, according to the U.S. Attorney's office.

For example, Carolyn Maloney has been squawking about Reshma Saujani working for hedge funds while her hypocritical behind is sitting on 17 million dollaFor example, Carolyn Maloney has been squawking about Reshma Saujani working for hedge funds while her hypocritical behind is sitting on 17 million dollafor hedge funds while her hypocritical behind is sitting on 17 million dollars.

It makes me angry when DiNapoli's flacks say Harry Wilson is a product of hedge funds — he started with nothing other than a decent family and worked for every dollar he's made.

The billionaire hedge fund managers who give million - dollar donations to elite private schools and privatized charter systems want new taxpayer - funded subsidies for their private donations — tax breaks even bigger than they get now.

Mr. Rechnitz began testifying last week in Federal District Court in Manhattan in a government case against Norman Seabrook, the former head of the correction officers» union, who is charged with investing millions of dollars of retirement funds through a hedge fund in exchange for promised kickbacks.

For the second time in six months, Connecticut's State Bond Commission has approved a multi-million dollar tax incentive package to keep a hedge fund operating in the state.

Manhattan U.S. Attorney Preet Bharara, who called SAC «a veritable magnet for market cheaters,» said the hedge fund reaped hundreds of millions of dollars in illicit profits through separate insider - trading schemes by at least eight former SAC fund managers and analysts.

The sponsors of private plans must therefore contribute much more for every dollar of promised benefits than governments contribute to teacher pension plans that value liabilities using an 8 percent assumed return on portfolios heavily weighted with stocks, hedge funds, or private equity.

When I asked Iannuzzi how NYSUT, which used to own the legislature, lost those key parts of the charter fight, he said, «The answer is hedge fund operators... who could write out a check for a million dollars a shot.»

Teach for America's major donors include the Bill & Melinda Gates Foundation; the Walton Family Foundation, run by the heirs to the Walmart fortune; the Eli & Edythe Broad Foundation, run by the real estate billionaire and Democratic donor; and the Laura and John Arnold Foundation, where hedge - fund dollars are used to support causes ranging from criminal justice reform to reducing the costs of public pensions (including those held by veteran teachers).

Daniel Loeb, Paul Singer and dozens of other hedge - fund managers have poured millions of dollars into promoting charter schools in New York City and into groups that want to revamp pension plans for government workers, including teachers.

Dominated by hedge fund managers who control billions of dollars, DFER has contributed heavily to political candidates for local and state offices who pledge to promote charter schools.

RI: The answer is hedge fund operators among others who could write out a check for a million dollars a shot.

According to The New York Times, the ten highest paid hedge fund operators with close ties to charter schools also includes David Tepper (number 1 at $ 3.5 billion in 2013), founder of founder of Appaloosa Management and New Jersey based «Better Education for Kids»; Steven A. Cohen (number 2 at $ 2.4 billion) of SAC Capital Advisors, which was forced to pay a $ 1.2 billion dollar penalty for insider trading, who has given over $ 10 million to the Achievement First charter school network; and Paul Tudor Jones II (tied for tenth at $ 600 million), founder of the Tudor Investment Corporation who has supported charter schools through his Robin Hood Foundation.

Finally, the long - term strength in the dollar boosts the case for considering strategies that can help insulate an international equity portfolio from the impact of weak foreign currencies, such as currency hedged exchanged traded funds (ETFs).

No ETF or mutual fund focuses entirely on this strategy using Canadian stocks, but the Vanguard Dividend Appreciation ETF does this with U.S. stocks (ticker is VIG on the New York Stock Exchange, VGG in Canada, or VGH for the version hedged to Canadian dollars).

Paul Singer has been around for decades as a hedge fund manager and manages approx $ 17 billion dollars.

According to Claymore's website, the ETF adds currency hedging «to reduce the direct exposure to non-Canadian dollar currency risk for unitholders of such fund.»

Michael Burry, the former hedge - fund manager who predicted the housing market's plunge, said he is investing in farmable land, small technology companies and gold as he hunts original ideas and braces for a weaker dollar.

Our hedged Funds (Value and Global Value) were of course protected for the most part from declines in foreign currencies relative to the US dollar.

Many multi-billion dollar institutions and high - net - worth individual investors have followed this strategy for years, by allocating significant portions of their portfolios to assets such as private equity, hedge funds, venture capital, and real estate.

The long slide in oil prices, the rising US dollar and the continuation of the equity bull market made 2014 the best year for the strategy since 2008, with returns of 10.7 per cent in such hedge funds, according to HFR, the data provider.

For purposes of the category definition, up to 30 % of a Fund's assets may be held in Foreign Fixed Income products which will be treated as Canadian content provided that the currency exposure on those holdings is hedged into Canadian Dollars.

Let's take the iShares CDN S&P 500 Index Fund (XSP), which holds the iShares S&P 500 Index (IVV) and hedges the exposure to US dollars for an extra MER of 0.15 %.

If there was really something that worked for everyone, it would be discovered instantly and filled by the hedge funds out there with billions of dollars at their disposal and advanced analysis tools that you and me will never have access to.

So, let's compare the performance of the iShares CDN S&P 500 Hedged to Canadian Dollars ETF (TSX: XSP) with the returns of iShares S&P 500 Index Fund (NYSE Arca: IVV) for the 2006 to 2009 time period for a Canadian investor.

However due to the tracking error of traditional currency - hedged funds I do think that HXS is an intriguing option for those who want to hedge their exposure to the US dollar (I don't, myself).

This has had an impact on many international funds for the last several years, as those that were unhedged against the dollar have substantially underperformed those funds that are hedged.

With its 39 billion profit in US dollars for clients Bridgewater has furthermore become the hedge fund with the second highest yield ever in absolute figures.

However, the real prize for hedge funds is the (relatively untapped) trillions of dollars invested in pension funds — winning that prize is the primary reason for the increasing institutionalization of the industry.