Monthly Archives: April 2018
India’s Modi to Visit China’s Xi in New Sign of Diplomatic Thaw
(Bloomberg) Indian Prime Minister Narendra Modi will travel to meet Chinese President Xi Jinping this week, as relations between the world’s two most-populous countries thaw after a tense border dispute last year. To read this article:
RPT-Low profile hedge funds post high returns in year after New York Sohn conference
(Reuters) One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry’s lower-profile managers will probably provide the most […]
Hedge Fund Elliott Turns Up Heat on Vivendi Over Telecom Italia
(Reuters) Activist fund Elliott turned up the volume in its war of words with Vivendi over the French media group’s defense of its strategy for Telecom Italia (TIM), only days before a fight for board seats at Italy’s biggest phone […]
Event-Focus Hedge Funds Drive Inflows in First Quarter, HFR Says
(Bloomberg) Hedge fund inflows climbed in the first quarter as investors piled into funds that specialize in mergers, activism and relative value arbitrage, according to Hedge Fund Research Inc. Net inflows totaled $1.1 billion at the end of March, according […]
As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
(Bloomberg) Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. Funds specializing in virtual currency market making and arbitrage strategies delivered first-quarter gains even as their mostly […]
Losing Direction’: Allergan Investors Are Unhappy After A Wild 4 Hour Takeover Drama
‘Losing Direction’: Allergan Investors Are Unhappy After A Wild 4 Hour Takeover Drama The Business Insider posted on Fri 20 Apr 2018 Permalink Print Allergan’s stock closed down 4% on Thursday, after the pharma giant said it was “in the […]
SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors
(HedgeCo.Net) The Securities and Exchange Commission has voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of […]
Hedge Funds Suffer First Back-to-Back Loss in Two Years
(Bloomberg) Hedge fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its […]
As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
(Bloomberg) Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. To read this article:
Renaissance Technologies Rebounds Across Hedge Funds in March
(Bloomberg) Renaissance Technologies, the $58 billion quantitative investment firm founded by former military code-breaker Jim Simons, gained at three of its hedge funds last month, erasing declines posted when markets slumped in February. The $23 billion Renaissance Institutional Equities Fund […]
Avenue Capital to Launch ‘Impact’ Investment Fund, Source Says
(Reuters) Avenue Capital Group LLC, a New York-based investment firm with $9.4 billion in assets under management, plans to launch a fund this year that will focus on so-called impact credit investments, according to a person familiar with the matter. […]
Owl Creek Funds Sue Ocwen, Executives Alleging Securities Fraud
(Reuters) Four funds run by Manhattan-based hedge fund manager Owl Creek Asset Management have filed a securities lawsuit accusing mortgage servicer Ocwen Financial Corp of fraudulently inducing them to invest tens of millions of dollars in the company. Florida-based Ocwen […]