Monthly Archives: May 2016
eVestment: Hedge Fund Industry Assets Rise to $2.986T on Performance Gains
(FINalternatives) Despite continued net redemptions totaling $1.9 billion in April, performance gains helped boost total hedge fund industry assets by $6.86 billion to $2.986 trillion, according to the April edition of eVestment’s Hedge Fund Asset Flows Report. In spite of […]
American Beacon Teams with Man GLG for Total Return Fund
(Daily Alts) American Beacon Teams with Man GLG for Total Return Fund. For a second time, American Beacon has combined with Man Group to launch an alternative mutual fund. The new fund is the first offering from Man GLG’s recently […]
One of the most concentrated hedge fund bets is getting crushed
(Yahoo Finance) Popular hedge fund stock Signet Jewelers (SIG), the owner of mall stores Kay Jeweler’s, Zales, and Jared The Galleria of Jewelry, is getting crushed after the company’s disappointing earnings results. The company reported earnings results for the first […]
Nine Golden Rules for Getting a Promotion on Wall Street (If You’re Lucky)
(eFinancial Careers) Investment banking is an up or out industry – either you climb the corporate ladder or you get off. More likely, you fall off…..This is what you need to do. To read this article:
Event-Driven Equity – Hedge Fund Crowding Overshadows Positive Fundamental Backdrop
(Nasdaq) Selling pressure from several large hedge funds has led to meaningful underperformance in more heavily trafficked hedge fund names. The financial crisis of 2008 caused a slowdown in corporate activity that lasted for over five years. Starting in 2014, […]
Global Leaders Warn of Brexit Threat to Growth, Trade and Jobs
(Bloomberg) Group of Seven leaders warned of the risk to the global economy if Britain leaves the European Union in a referendum next month, bracketing a so-called Brexit with terrorism and the refugee crisis as a threat of “non-economic origin.” […]
DoubleLine’s Gundlach Says Chanos is Greatest Hedge Fund Manager
(Bloomberg) Jim Chanos, founder of Kynikos Associates, is the best hedge fund manager because he’s permanently bearish and avoids the group think that led others in his industry to lose money last year, according to bond manager Jeffrey Gundlach. “The […]
SEC Blocks Trader’s $425,000 Profits From False Filing
(HedgeCo.Net) The Securities and Exchange Commission has obtained a court order to freeze the profits of a trader who allegedly manipulated a technology stock through a false regulatory filing traced to a computer in Pakistan. The asset freeze issued today […]
Do Hedge Funds Have an Edge Over Alternative Mutual Funds?
(Valuewalk) The concept of hedge fund returns in a convenient mutual fund format with daily liquidity and no performance fees certainly seems enticing. Yet there is still an allure for hedge funds, whose total assets under management swelled to more […]
One Hedge Fund Goes Against Industry Titans on Big China Banks
(Bloomberg) As bearish calls against China’s banks are mounting, one hedge fund says the nation’s biggest financial institutions can attain the “beautiful state” enjoyed by global rivals such as JPMorgan Chase & Co…. To read this article:
SEC Probes Alibaba Accounting Methods, Shares Dive
(Reuters) U.S. regulators are investigating Alibaba Group Holding Ltd’s (BABA.N) accounting practices to determine whether they violated federal laws, the Chinese e-commerce giant said, sending its shares tumbling nearly 7 percent on Wednesday. Alibaba said the Securities and Exchange Commission […]
Performance Persistence and Portfolio Style: International Portfolios
(Harvest) Measuring the Persistence of International Portfolio Returns: As in our earlier work on return persistence, we examine all Form 13F filings for the past 10 years. This survivorship-free portfolio database covers all institutions that exercised investment discretion over at […]