Monthly Archives: May 2016
Hedge Funds On Pace To Record Growth For Another Month
(HedgeCo.Net) With a little over two weeks left in the month of May, hedge funds are on pace to show at least some growth for the second consecutive month. Industry wide, hedge funds so-far have outperformed underlying markets during the […]
Muddy Waters Bulks Up New Hedge Fund by Hiring Pimco’s Ing
(Bloomberg) Muddy Waters Capital LLC, the activist investor founded by short seller Carson Block, has hired Pimco’s Terrence L. Ing as its first head of credit, enabling it to target both listed and unlisted companies. Ing was a senior credit […]
Singer Says Gold Rally Just Beginning as Goldman Sees Losses
(Bloomberg) Billionaire hedge fund manager Paul Singer said that gold’s best quarter in 30 years is probably just the beginning of a rebound as global investors — including Stan Druckenmiller — weigh the ramifications of unprecedented monetary easing on inflation. […]
Blackstone Hedge-Fund Partner Greg Hall to Leave After 12 Years
(Bloomberg) Greg Hall, who co-leads Blackstone Group LP’s hedge-fund seeding and stakes funds, is leaving the firm. Hall, a partner who joined New York-based Blackstone in 2004, decided to try something new, he said in a telephone interview, without providing […]
Hedge fund titans warn of financial crisis-like market signals
(Yahoo Finance) Hedge fund manager J. Kyle Bass, the founder of Hayman Capital Management, made an ominous observation about the markets. Speaking at the SALT Conference in Las Vegas on Wednesday, Bass said: “If I was to draw an analogy […]
Fidelity Expands Access to Private Equity Funds
(Daily Alts) Fidelity Expands Access to Private Equity FundsWhen Fidelity Investments ripped $2 billion from a pair of alternative mutual funds earlier this year, some observers thought it might mean the investment giant was getting out of the alternatives market. […]
Hedge Fund Managers Ditch Decorum in Shouting Match Over China
(Bloomberg) A fiery exchange between money managers Emanuel Friedman, Milton Berg and Don Brownstein broke with the polite decorum of the SkyBridge Alternatives Conference, one of the biggest annual events for the hedge fund world. That’s because the topic was […]
Goldman’s Siegel Sees Hedge Fund Rebound From `Day in the Shade’
(Bloomberg) Mike Siegel, who oversees about $190 billion at Goldman Sachs Group Inc.’s asset-management arm, said insurers should stick with hedge funds even after their recent slump, because the industry needs investing strategies beyond low-yielding bonds. “All asset classes have […]
The science of multi-factor investing
(Harvest) Factor-based investing has gained traction in our industry in recent years. More firms seem to be offering factor-based strategies, and a host of factor-based ETFs have cropped up. At Gerstein Fisher, we’ve been employing a multi-factor investment approach for […]
Former Balyasny Analyst’s Quant Hedge Fund to Ride Volatility
(Bloomberg) Former Balyasny Asset Management analyst Avirath Kakkar is starting a hedge fund that will use computer-driven trading models to take advantage of rising volatility across markets. The Limnah Capital Fund, managed from Singapore, will start with $20 million in […]
Citadel’s Griffin Says Hedge Fund Talent Is There to Snag
(Bloomberg) A week after billionaire Steve Cohen said he was “blown away” by the scarcity of talented people in the hedge fund industry, investor Ken Griffin said they exist but you need to hire them from other people’s firms. “Every […]
As Hedge Funds Reel, One Hong Kong Firm Is Thriving
(Bloomberg)In a hedge fund industry plagued by lackluster performance and the biggest outflows since 2009, Benjamin Fuchs stands out. From his office next door to hawkers of pigs’ feet and live chickens in Hong Kong, the founder of BFAM Partners […]