Archive

Posts Tagged ‘Bank of America’

Hedge Funds on a Buying Spree

August 13th, 2009

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

The recent surge in the stock markets has been because of the of ongoing positive sentiments in the global markets. The comments from Nobel laureate Paul Krugman and other experts saying that markets have touched the bottom and it cannot go down further triggered the markets. More importantly Hedge funds have started to take positions in stocks which they see would generate value in next few years.

Paulson’s new positions

The stocks in U.S gained for a second day after investor John Paulson’s hedge fund bought stakes in banks and Wal-Mart Stores Inc. reported better-than-estimated earnings, overshadowing an unexpected slump in retail sales. Bank of America Corp. and Regions Financial Corp. rallied after Paulson’s firm said it purchased stakes. Wal-Mart , the largest retailer, added 2.7 percent. Alcoa Inc., the largest U.S. aluminum producer, climbed as metals rose. The market’s gain was limited by reports showing sales at retailers dropped for the first time in three months and jobless claims topped forecasts, while analyst downgrades weighed on homebuilders.

Bank of America surged 6.7 percent to $17, the biggest advance in the Dow. Paulson’s hedge fund bought 168 million shares of the company in the second quarter, a regulatory filing showed, becoming the lender’s fourth-largest shareholder.

Regions Financial Corp. rallied 7.9 percent to $5.20 after Paulson bought 35 million shares, becoming the second-largest stakeholder in Alabama’s biggest bank. Financial shares rallied 1.3 percent as a group.

Paulson’s interest in banks comes after his Credit Opportunities Fund soared almost six fold in 2007 on bets that subprime mortgages would plummet. Last year, his flagship fund returned 37 percent, compared with a loss of 19 percent for hedge funds on average.

Click here to read more

Top Resources




TradeStation Prime Services




#1 Hedge Fund Certification



Photobucket

The #1 Family Office Book & Database