Monthly Archives: April 2019
New CQS Fund Veers from Mainstream for Returns
(Bloomberg) What’s the best recipe for making money after a huge global equities rally? One bet is to ignore the lures of a herd mentality. “We’re allergic to fashionable stocks. I’ve never been invested in Apple, Facebook, Netflix,” Raphael Pitoun, […]
Market Gains Push Man Group Assets Up 3.5 Percent in First Quarter
(Reuters) British hedge fund firm Man Group said on Thursday that investment gains pushed its funds under management up to $112.3 billion (£85.8 billion) in the first quarter from $108.5 billion at the end of December. Man Group said positive […]
The Liquidity ‘Illusion’ Has These Funds Making Plans for a Stock Doomsday
(Bloomberg) A small band of humans is taking up arms against the rise of the machines. Fund managers who ride big sell-offs in stocks are relishing fresh Wall Street warnings that robots and the like are leaving the bull market […]
Czech Billionaire Accused of $1 Billion Fraud by New York Hedge Fund
(Bloomberg) A Czech billionaire described as the largest commercial property landlord in Berlin was sued in the U.S. for allegedly defrauding a New York hedge fund and a Czech investment firm of more than $1 billion. To read this article:
2 Hedge Fund Firms Sue Kentucky Retirement Systems
(Pensions & Investments) Blackstone Alternative Asset Management and Prisma Capital Partners filed separate lawsuits this week against the $18 billion Kentucky Retirement Systems, Frankfort, and its board, alleging breach of contract connected to an earlier lawsuit against those firms and […]
The Allocator Finalists for II’s 2019 Hedge Fund Awards
(Institutional Investor) Yale’s endowment, UTIMCO, and Texas Teachers are among the institutions nominated. To read this article:
What Constitutes Value?
(Capital Trading Group) We are going to begin this week with our annual value lesson. For those of our readers that have not read this before, we hope you enjoy this lesson and we hope that you gain some very […]
Darsana Posts Huge Gain in First Quarter
(Institutional Investor) The flagship hedge fund operated by his firm Darsana Capital Partners posted a 20 percent gain in the first quarter, easily beating the Standard & Poor’s 500 stock index’s 13.6 percent gain — along with most other hedge […]
Lawmakers grill Wall Street bigwigs over risks to US economy
(New York Post) The titans of Wall Street got hauled onto Capitol Hill on Wednesday to get grilled…The chief executives of seven top US financial giants — including JPMorgan Chase’s Jamie Dimon and Goldman Sachs’ David Solomon — faced questions […]
Former SeaWorld Lawyer Charged With Insider Trading
(HedgeCo.Net) A former senior lawyer at SeaWorld Entertainment Inc. has been charged with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that Paul B. […]
Cerner settles with hedge fund Starboard: to add new directors, increase buybacks
(Reuters) – Healthcare information company Cerner Corp said on Tuesday it reached a settlement with activist hedge fund Starboard Value LP to add new directors to its board and buy back more of its shares, sending the stock up as […]
Hedge funds up 1 per cent in March, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index gained 1.00 per cent in March, supported by strength in global equity and bond markets as central banks shy away from tight monetary policies. To read this article: