Monthly Archives: May 2016
BlueCrest’s Visokey Joins Hedge Fund GCA in High-Grade Debt Push
(Bloomberg) Former BlueCrest Capital Management money manager Brad Visokey joined hedge fund Global Credit Advisers this week. Visokey will lead the firm’s expansion in investment-grade credit, according to a person familiar with the matter. GCA, which was founded in 2008 […]
Slower growth dominates picks at hedge fund conference
(Reuters) Against a backdrop of slower economic growth, prominent hedge fund managers, including Larry Robbins, Stanley Druckenmiller and David Einhorn, said it will take longer for stocks to rise and laid out best ideas that markets barely reacted to. The […]
April Is In The Books…
(Daily Alts) The month’s Central Bank meetings are now behind us, as is the bulk of the Q1 reporting season. Investors continue to act like they want to rotate into higher risk as foreign worries decline along with the U.S. […]
AIG Continues to Scale Back Investments In Hedge Funds
(Reuters) AIG has been scaling back investments in hedge funds, which have borne the brunt of excessive market volatility in the past year.Big-name hedge funds favored by pension funds and the ultra-wealthy for their track record of stellar returns took […]
Hedges Have Had A Torrid Time ? Here Is What They’re Betting On Now
(The Business Insider) Hedge funds firms are changing their bets as they seek to recover from a rocky start to the year. They’re betting that markets will stabilize and be less volatile, but are doing so by betting on volatility […]
Steve Cohen Took His Lumps in February
(New York Post) February was very chilly for Steve Cohen. Cohen, perhaps the world’s best stock investor, saw his $11 billion Point72 family office fund fall 8 percent during the month. Cohen is not used to being in the red. […]
Enough About The Fees Already!
(Harvest) Once again the Oracle of Omaha and his sidekick have unleashed a barrage on the hedge fund industry and the “outrageous” fees managers charge. At their annual Woodstock of Capitalism the pair astutely pointed out that market volatility, combined […]
Is There A Selective Argument For Hedge Funds?
(Harvest) Hedge fund performance has suffered in recent years, so much so that some investors are losing interest in the sector. Certainly, it’s true that in most categories the estimated structural alphas of the overall hedge fund composites have diminished […]
Hedge-Fund Event Stirs up Options Trading in Select Names
(Reuters) Hedge fund managers trading ideas at the Sohn Investment Conference on Wednesday spurred a flurry of activity in the options market in select stocks, as traders jockeyed to take advantage of the potentially profitable tips mentioned at the annual […]
Emerging Asset Declines Deepen as U.S. Jobs Eyed for Fed Course
(Bloomberg) Emerging-market stocks fell for a fifth day in the longest stretch since December and a selloff in currencies deepened on speculation a U.S. jobs report Friday will underscore prospects for the Federal Reserve to raise interest rates as soon […]
On Bull-Market Brink, Citi Sees Commodity Gains as Goldman Jeers
(Bloomberg) Commodity bulls, it might finally be time to exhale. There’s a growing chorus of voices and a surge of investor money signaling the worst of the commodity slump is over. Leading the pack is Citigroup Inc., the bank that […]
VR Capital’s Deitz Likes Greek Bank Stocks, Government Debt
(Bloomberg) Richard Deitz, founder of hedge fund VR Capital Group, said he’s betting on Greek bank stocks and government bonds as international creditors move toward concluding their review of aid terms to allow the next disbursement of emergency loans to […]