Monthly Archives: April 2019
Yale Grad Accused of Running Hedge Fund Scam While in School
(Bloomberg) This is one college side hustle a recent Yale grad might be regretting. Omar Zaki, 21, ran a hedge fund while enrolled at the Ivy League university, saying his firm relied on an algorithm that had produced eye-popping returns […]
Medical Device Company to Pay $231 Million to Resolve FCPA Violations
(HedgeCo.Net) Fresenius Medical Care AG & Co KGaA (FMC) has agreed to pay more than $231 million to resolve parallel SEC and U.S. Department of Justice investigations related to its violations of the Foreign Corrupt Practices Act (FCPA) across multiple […]
Funds cover CBOT shorts but retreat on heavy USDA data
(Reuters) – Speculators began to cover massive short positions in Chicago-traded grains and oilseed futures last week, but they were sent back to their bearish ways with weighty supply numbers from the U.S. government. To read this article:
Most strategies stand in positive territory month-to-date, says Lyxor
(Hedgeweek) Hedge fund performance was slightly negative last week (19-26 March) on the back of underperformance from L/S Equity and Global Macro strategies (circa -0.5 per cent), but most strategies are still in positive territory month to date, according to […]
Implications for hedge funds of the renewed quest for yield
(Hedgeweek) As the first quarter of 2019 comes to an end, the latest Lyxor Hedge Fund Brief assesses recent hedge fund performance and the firm’s midterm outlook for hedge fund strategies. To read this article:
Institutions Eye Portable Alpha for Hedge Fund Allocations, But Performance Concerns Remain
(Opalesque) Hedge funds lackluster performance in recent years has cost them both clients and money. But for institutions with return targets, bailing on hedge funds is easier said than done. As a result, some institutions have changed how they allocate […]
Investors should rethink automatic portfolio rebalancing,
(Opalesque) Can automatic rebalancing end up doing investor portfolios more harm than good? A new study from Man Group suggests that automatic rebalancing can mean that investors sell out of profitable investments at exactly the wrong time.”Rebalancing is an active […]
Most hedge fund investors to maintain or increase hedge fund allocations
(Opalesque) Despite a turbulent 2018 marked by poor performance and market volatility, Institutional investors are swarming to hedge funds this year. According to J.P. Morgan Capital Advisory Group’s 16th annual Institutional Investor survey, investors plan to continue to utilize hedge […]
In This Tech I.P.O. Wave, Big Investors Grab More of the Gains
(New York Times) The latest generation of Silicon Valley start-ups is now sprinting to the public markets, raising hopes among large and small investors eager to invest in these high-profile, fast-growing firms. To read this article:
Oil prices rise, adding to biggest quarterly gain in 10 years
(Reuters) Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy. To read this article:
Hedge Fund Demand Is on Its Way Up, JPMorgan Survey Finds
(Bloomberg) Institutional investors are flocking to hedge funds this year, even after a turbulent 2018 marked by poor performance and market volatility. Demand for hedge funds is rising as investors such as endowments and pensions search for market-beating returns and […]
Panasonic Charged With FCPA and Accounting Fraud Violations
(HedgeCo.Net) The Securities and Exchange Commission has announced that Japan-based Panasonic Corp. will pay more than $143 million to resolve charges of Foreign Corrupt Practices Act (FCPA) and accounting fraud violations involving its global avionics business. According to the SEC’s […]