For the third straight year, May proved a disaster for hedge funds that
specialize in commodities as raw materials from copper to oil fell into
bear markets.
by
Karen DeMasters
Commodities, real estate and private equity are the top investment choices among ultra-high-net-worth families this year, according to a new survey.
JPMorgan Chase
& Co.'s Deepak Gulati is holding talks with investors as he considers leaving the bank to start a hedge fund, said
four people with knowledge of the discussions.
by Thomas M. Kostigen
Famous oilman T. Boone Pickens predicts brent crude oil will hit $148 per barrel this summer.
Man Group Plc is
leading declines among global investment firms as private-equity and
hedge funds produce the worst returns for
public shareholders.
by
Karen DeMasters
Ultra-high-net-worth investors are increasingly putting their money into
global investments, private companies and real assets, according to a new study.
by Tom Kostigen
The bush plane detoured from its route to circle around something called the "Devil's Egg," a natural rock formation on a cliff...
by Jerilyn Klein Bier
The maturing hedge fund industry is more diverse than investors may realize.
Greenlight Capital Inc., bought
shares of Dell Inc. and Xerox Corp. in the fourth quarter as part of a
bet on undervalued U.S. stocks, according to a letter to investors.
John Paulson, the billionaire money manager who's vowed to restore his
hedge fund to profitability after the worst year of his career, may have
to take a cue from rival Ken Griffin.
by Matthew G. Biller and Peter Newcomb
NJ Nets owner Mikhail Prokhorov touts gold, Donald Trump embraces foreclosures.
The co-founder of a hedge fund that made $2.7 billion in 2007 and 2008 plans
to open his personal farmland portfolio to investors and start a fund
that will trade life-sciences companies.
A penthouse apartment in London's Knightsbridge neighborhood was purchased
for about 100 million pounds ($157 million), a person with knowledge of
the transaction said.
by
Ray Fazzi
John Paulson, the hedge-fund manager enduring the worst year in his
career, may be facing a final blow from this month's selloff in gold.
Gold, in the 11th year of its longest winning streak in at least nine
decades, is poised to enter a bear market, according to Dennis Gartman,
who correctly predicted the slump in commodities in...
by
Karen DeMasters
Advisors are looking to a wide range of providers to satisfy their
clients' growing interest in alternative investments rather than
sticking with big-name firms, according to a recent study.
by
Karen DeMasters
Risk Paradigm Group (RPg) is launching a family wealth advisory business
and offering a new fund to complement its existing offerings.
Hedge funds created to protect investors against market shocks in the
wake of the biggest recession in seven decades are soaring as Europe's
intensifying debt crisis infects markets globally.
Bridgewater Associates LP founder Ray Dalio's macro hedge-fund firm has returned 25% by tacking against market "manias."
John Paulson, the billionaire who is betting on an economic recovery by
the end of 2012, lost 34 percent this year in his largest hedge fund,
according to two people familiar with the firm.
