Monthly Archives: April 2018
SEC Orders Three Investment Advisers to Pay $12 Million to Harmed Clients
(hedgeCo.Net) The Securities and Exchange Commission has announced that three investment advisers have settled charges for breaching fiduciary duties to clients and generating millions of dollars of improper fees in the process. According to the SEC’s orders, PNC Investments LLC, […]
Daniel Sundheim Is Planning to Raise $4 Billion Cap for New Hedge Fund
(Bloomberg) Daniel Sundheim is on track to raise about $4 billion for his new hedge fund, making it one of this year’s largest launches.D1 Capital Partners, run by the former chief investment officer of Viking Global Investors, will probably cap […]
Macro Hedge Fund Up 14.5% in First Quarter Sees Dollar Falling
(Bloomberg) Hedge-fund manager Said Haidar predicts the global economy is going to keep chugging along. He just doesn’t expect that growth to benefit the dollar. For the chief executive officer of Haidar Capital Management, who manages a macro fund with […]
Hedge Funds’ “Star Traders” to Be Booted Out of Limelight in Favor of AI
(City A.M) The hedge fund industry is at an “inflection point”, according to titans in the sector, which could see the idea of “star managers” take a back seat to artificial intelligence (AI) and data-driven strategies…..Efficiency in markets and the […]
Big Activist Investors Have First-Quarter Losses While Small Counterparts Thrive
(Reuters) Well known U.S. activist investors including Nelson Peltz and William Ackman took a hit from the first-quarter U.S. stock market slump, with their funds losing money while some smaller players delivered gains. Peltz’s $11 billion Trian Fund Management lost […]
Speculators’ $27bn Bet Against the Dollar Isn’t Paying Off
(Reuters) Hedge funds are making their biggest bet in seven years that the dollar will weaken as evidence mounts that U.S. economic momentum is slowing, thus limiting the scope for higher interest rates. The flattest yield curve in over a […]
US Fund Manikay to Take Tel Aviv Bourse Stake, Public to Buy 30 Percent
(Reuters) U.S.-based investment fund Manikay Partners will buy 19.9 percent of the Tel Aviv Stock Exchange in a deal valuing it at 551 million shekels ($156 million) while at least 30 percent of the exchange will be sold to the […]
Legendary Investor George Soros Made a Huge Bet Against Norwegian Air — And Lost 40% in a Single Day
(The Business Insider) Norwegian has for long been one of the most shorted stocks in the Nordic stock market with north of 9 percent of its shares shorted. One of the hedge funds that held a negative position in the […]
Stock Investors on Higher Floors Take More Risks – Here’s Why
(CNBC) Stocks have been on a bumpy ride lately as concerns over a trade war prompt investors to rethink their appetite for risk.But what prompts people to take risks in the first place? A desire for wealth? Fear of failure? […]
Zimbabwe in Tight Timeline to Repay Arrears, Seek More Funding
(Reuters) Zimbabwe stuck on Monday to its plan to clear its debt arrears by September with the aim to tap international capital markets by the end of the year, though that timeline would be “very fast-tracked.” Zimbabwean officials met with […]
Jupiter Nabs Steve Cohen Hedge Fund Alum for Long/Short Launch
(Portfolio Adviser) Jupiter Asset Management has appointed a former alumnus of Steve Cohen’s hedge fund, Darren Starr, to its growing liquid alternatives business as it plans to launch a US equity long/short fund. To read this article:
A Focused Approach to Innovation
(Harvest) We are in the early days of one of the most innovative times in history. Our in-depth fundamental research process focuses on investing in the companies that are capitalizing on innovation and avoiding those that are being disrupted. To […]