Tyrus Capital is reportedly up 3.74% YTD through February 3rd, outperforming event-driven hedge funds overall, which are up 2.4% on average through the…
Archive for the ‘hedge fund’ Category
Tony Chedraoui’s Tyrus Capital off to a good start in 2012
Increase in Hiring Driven by Operations Side
The industrys weak showing last year may have put a dent in bonuses, but the overall job market for hedge fund professionals is stronger now than at any point since before the financial crisis, according to executive recruiters and outsourcing agents. The stepped-up hiring activity that began in 2009 gained momentum over the past year largely because of strong demand for chief financial officers, chief operating officers and other experienced operations professionals. Even startups and boutiques, which in the past might have gone for years before hiring a chief operating officer, face increasing pressure from investors to pay more attention to accounting, compliance, reporting, risk management and other functions on the operations side.
Brutal: The Economist Is Literally Mocking Hedge Funds For Crappy Returns
There’s a short, satirical letter from imaginary hedge fund Zilch Capital in the most recent issue of The Economist . And if you’re a real hedge funder, you may want to avert your eyes. Why?
Mike Novogratz, President of Fortress Investment Group — Opalesque.TV Part 2
Michael E. (Mike) Novogratz is the President of Fortress Investment Group, the first US-based private equity/hedge fund manager to sell shares to the public. He joined Fortress in March 2002 and is responsible for the liquid hedge fund business, which includes running the Global Macro Funds.
Paul Tudor Jones Owns A Massive Fleet Of Sick Rides
Billionaire hedge fund titan Paul Tudor Jones II has sixteen automobiles (seriously) registered under his name , according to Greenwich Time citing the town’s tax rolls. Among his fleet of high-end rides, Jones owns a pair of Cadillac Escalades, a 2010 Range Rover valued at $67,000 and a 2011 Mercedes GL450 worth $66,000, the newspaper reported. His hedge fund Tudor Investment Corp
LEON COOPERMAN: When You Buy Treasuries, Your Capital Is Being Confiscated
Leon Cooperman , founder of Omega Advisors , was on Bloomberg TV’s Inside Track this morning to talk about his latest outlook for investors. His general consensus: Sell U.S. government bonds, buy stocks.
Swiss Re May Post Fourth-Quarter Profit After Year-Earlier Loss
…earlier. The Zurich-based company is due to report results tomorrow morning at 7 a.m
Swiss Stocks Fall as Euro-Area Output Shrinks in February
…a reading of 50.5, according to a Bloomberg survey. A reading below 50 indicates contraction.
Behavioral Finance: Daily Forex Outlook: The Greek deal had an even shorter half-life
EUR USD (1.3225) The scepticism around the Greek bailout deal is pervasive.
China Joins the Quantitative Easing Club
The other shoe has fallen in China, with the People’s Bank of China’s move to cut bank reserve requirements by 50 basis points, the second time since November. The relaxation makes the Middle Kingdom a certified, card carrying member of the international quantitative easing club. It also confirms the country’s time tested preference for announcing major economic policy changes on American holidays.
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