Monthly Archives: May 2018
Jeneration Capital Raising New $800 Million Fund, Sources Say
(Bloomberg) Jeneration Capital Management, a Hong Kong-based investor best known for backing technology companies, is raising about $800 million for a new fund, people familiar with the matter said. The fund will mostly target consumer technology startups with an expected […]
Hedge Fund Third Point Seeks to Launch ‘Blank-Check’ Company
(Reuters) Daniel Loeb’s activist hedge fund Third Point LLC is in talks with investment banks about launching a “blank check” company that would raise money in an initial public offering to pursue an acquisition, according to people familiar with the […]
Asian Stocks Head for the Best Week Since February
(Bloomberg) Asian stocks rallied after their U.S. counterparts gained amid relief the latest reading on American inflation suggested less need for the Federal Reserve to accelerate monetary tightening. The dollar steadied after dropping the most since March. The MSCI Asia […]
Shorting China Stocks From New York Could Get Easier
(Bloomberg) Short selling could get a little bit easier in China after the country’s domestic stocks join MSCI Inc.’s big index club. MSCI’s inclusion of onshore-listed Chinese shares next month will be a step toward increasing the pool of stock […]
That Big Hedge-Fund Short Squeeze in Treasuries Is No Sure Thing
(Bloomberg) The “weakest hands” in the world’s biggest bond market — speculators who can switch positions on a dime — appear to have a much firmer grip than they’re given credit for. Hedge funds have shown no signs of backing […]
Euro Depreciation: The Key to Unlocking the Value in European Exporters
(Harvest) One of the biggest surprises of 2017 was the fact that the euro exchange rate measured against the U.S. dollar appreciated 14%—only about 7% behind the performance of the S&P 500 Index over the same period. To read this […]
China’s Innovation Boom Benefits Active Managers
(Harvest) In another post I explained why the China A-Share market structure and characteristics present unique opportunities for active managers. Here, I’d like to go into detail about how those opportunities are being driven by the well-documented growth in China’s […]
Three Quarters of Alternative Fund Administrators Expecting Industry Consolidation
(Hedgeweek) A majority of alternative fund administration firms – 74 per cent – expect consolidation in the alts fund admin space, according to the just-released eVestment Alternative Fund Administration 2018 survey. This is up dramatically from the 47 per cent […]
CTAs and merger funds take the lead, says Lyxor
(Hedgeweek) Hedge fund returns were positive, led by CTAs, during the last week, mainly thanks to their long energy and bond positions, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article:
Bridgewater Hedge Fund Beats Peers, Cuts Europe Shorts
(Bloomberg) Bridgewater Associates, the hedge fund firm led by billionaire Ray Dalio, is outperforming peers this year even after losing money in April, according to a person with knowledge of the matter. The investment firm has gained about 4 percent […]
More than half of institutional investors plan to outsource data management by 2021
(Hedgeweek) New research by State Street Corporation reveals that more than half (60 per cent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years. To read this article:
Hedge fund Third Point seeks to launch ‘blank-check’ company – sources
(Bloomberg) Exclusive: Hedge fund Third Point seeks to launch ‘blank-check’ company. The new investment vehicle, referred to on Wall Street as a special purpose acquisition company (SPAC), would be the first of its kind to be raised by an activist […]