Archive for March, 2012

Falcone Shuts Down Fund Slowly

March 28, 2012

Chidem Kurdas

Philip Falcone, mired in persistent losses and legal problems, is liquidating (more…)

Soft Lock-Up Fees Vary

March 27, 2012

Chidem Kurdas

Managers’ need for long-term capital and investors’ aversion to (more…)

Oil Cool, Precious Metals Hot

March 22, 2012

Chidem Kurdas

Barclays forecasts high but stable-to-slightly-lower oil prices in the next quarter, assuming the Iran nuclear stand-off does not get worse. The reversal of the rising price trend could mean losses (more…)

Man AHL Quants’ Challenge

March 20, 2012

It has been 25 years since Man Group’s futures trading program, AHL, started operating. (more…)

Why Is Blackstone Cheap?

March 15, 2012

Chidem Kurdas

Blackstone Group is still trading well below its price in 2007, when it went public. (more…)

Succession Question as Icahn Raises Capital

March 13, 2012

Chidem Kurdas

One gets the sense that Carl Icahn, aged 76, is not all that interested in retiring to the golf course. (more…)

GMO in Gold Club, Reason Differs

March 7, 2012

Chidem Kurdas

The institutional manager Grantham Mayo Van Otterloo has a distinctive view on gold. Unlike most observers and gold buyers like John Paulson (more…)

Paulson Continues Gold Strategy

March 6, 2012

Chidem Kurdas

In January John Paulson started to climb out of the deep pool of red ink he got into last year but in February he went the wrong way, in part because gold prices declined. Despite (more…)

Citadel Retains Collateral Status

March 1, 2012

Institutions use their fund investments as collateral for borrowing money. But (more…)