Monthly Archives: May 2018
Barclay Hedge Fund Index Up 0.49% in April (+0.30 YTD)
(Opalesque) Hedge Funds gained 0.49% in April according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.38% gain in the S&P 500 Total Return Index. Year to date, the Barclay Index remains up 0.30%, while the S&P […]
No Trump Bump on Iran as Hedge Funds Stay Cautious on Oil Boost
(Bloomberg) President Donald Trump’s reintroduction of U.S. sanctions on Iran didn’t impress money managers who reduced their bullish oil bets in the week leading up to the announcement. Trump’s May 8 statement that the U.S. will quit the Iran pact […]
How Social Media is changing the Hedge Fund Industry
(HedgeCo.Net) With more 15,000 competitors, the hedge fund industry is extremely competitive. Many institutional investors are contacted by thousands of managers a year, meeting with a few hundred, have follow up meetings with fifty, and ultimately allocating to two. In […]
Hedge funds cut gloomy dollar bets vs emerging FX, Swiss franc
(Reuters) Hedge funds and speculators continue to revise their bearish view on the dollar, making historic cuts to their short positions at both ends of the risk spectrum. They have now reduced their short dollar bets against a range of […]
Return to Volatility Sees Long Bias Hedge Funds Struggle
(Alpha-Week) Long bias hedge funds have enjoyed a good 12 months with returns of over 14%, according to data from Preqin. However, this year has been challenging for them with market volatility causing performance to drop to -0.36% and with […]
Broker Sues Merrill Lynch For Gender Discrimination
(New York Post) Merrill Lynch loaded the dice in Las Vegas — and cheated a local female high roller out of at least $1 million in commissions, according to a gender discrimination lawsuit filed recently…. To read this article:
Mistake by Terra Firma Gives H/2 Hedge Fund Possible Windfall
(Bloomberg) It pays to dot the i’s and cross the t’s. That’s the issue that has befallen British private equity chief Guy Hands who faces another setback at his fund’s struggling U.K. care home provider. When his Terra Firma Capital […]
Eisman of ‘The Big Short’ Fame Recommends Shorting Deutsche Bank
(Bloomberg) Steve Eisman, the Neuberger Berman Group money manager who famously predicted the collapse of subprime mortgages before the 2008 financial crisis, recommended shorting Deutsche Bank AG shares. “Deutsche Bank is a problem bank,” Eisman said in a Bloomberg Television […]
Fraud Charges Filed Against Texas-Based Municipal Advisor, Owner for Lying to School District
(HedgeCo.Net) The Securities and Exchange Commission has charged a registered municipal advisor and its owner with defrauding a south Texas school district in connection with multiple municipal bond offerings. The SEC’s order instituting proceedings found that in connection with three […]
Premium Point founder, members plead not guilty to fraud charges
(Reuters) The founder and two former members of New York investment firm Premium Point Investments LP on Friday pleaded not guilty to charges that they inflated the value of assets held by the firm’s hedge funds by more than $200 […]
Sober in Sin City: Hedge funds focus on work at Las Vegas event
(Reuters) A hedge fund industry gathering in Las Vegas last week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked “Sin City” celebrations and more on the grind of vetting […]
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index at 0.16 per cent in April
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2018 measured 0.16 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, advanced 0.46 per cent in May. To read […]