Monthly Archives: June 2017
Hedge Funds Near-record Short on Ags – Spurring Hopes for ‘Powerful Rally’
(Agrimoney.com) Hedge fund bets on falling agricultural commodities are at their second largest on record, with bearish position on grains actually at an all-time high – strengthening ideas that prices could be poised for a sharp rebound. Managed money, a […]
Invesco: SWF’s Seek Safety In U.S., Germany As U.K. Allocations Fall
(FINalternatives) Geopolitical uncertainty and limited options to increase risk asset allocations are forcing global sovereign wealth investors to make fewer portfolio changes than at any point in the last five years, according to a new survey by Invesco, while the […]
The Role of Net Exposure in Long/Short Liquid Alts
(Harvest) As investors look to alternative investments, Long/Short mutual funds and hedge funds are certainly two worth considering. But what should you know before investing? Connor Browne, portfolio manager for the Thornburg Long/Short Equity Fund, compares the two strategies and […]
Supreme Court Deals Blow to SEC’s Enforcement Powers
(New York Post) The Supreme Court on Monday limited the government’s power to disgorge illicit profits from financial fraudsters — handing a nearly $30 million win to a New Mexico money manager who ripped off middle-class clients…. To read this […]
Hedge Fund Investor Group Publishes Guidance on Fees
(Opalesque) The Alignment of Interests Association, a non-profit investor-driven organization, has released Hedge Fund Fees: Achieving Greater LP/GP Economic Alignment, a set of guidance aimed at creating increased investor-manager alignment on the issue. AOI’s Hedge Fund Fees guidance was developed […]
Fee Rates Set for Fiscal Year 2017
(HedgeCo.Net) The Securities and Exchange Commission today announced that starting on July 4, 2017, the fee rates applicable to most securities transactions will be set at $23.10 per million dollars. Consequently, each SRO will continue to pay the Commission a […]
HFRX Global Hedge Fund Index Up +0.24% In May, +2.34% YTD
(FINalternatives) Hedge funds eked out a gain last month as global financial markets turned in mixed performances and volatility lessened following sharp swings surrounding the French election and political unrest in Brazil. To read this article:
Barclays Wins Trader Lawsuit
(HITC Business) A Barclays trader fired amid a global probe into foreign-exchange market manipulation lost his lawsuit against the bank after a judge ruled the bank was right to dismiss him for revealing confidential information to rivals and using sexually […]
Third Point, Marcato Up in May; JANA Slips 0.7%
(FINalternatives) Three well-known hedge fund managers – Dan Loeb’s Third Point, Barry Rosenstein’s JANA Partners, and Mick McGuire’s Marcato Capital Management – have flashed preliminary results for May. To read this article:
One of the Most Anticipated Hedge Fund Launches of 2017 Keeps Raising Money
(The Business Insider) One of the most anticipated hedge fund launches of the year continues to rake in fresh money, despite a rough start in terms of performance. Ben Melkman’s Light Sky Macro dropped about 3.5% from March through the […]
Bill Ackman On The Industry, Valeant And Retail
(Harvest) Bill Ackman, the founder of the well-known Pershing Square Capital hedge fund, is making a comeback, or so he hopes. He spoke at this year’s SALT conference, which also had Dan Loeb and Joe Biden as highlighted speakers. Ackman […]
In Venezuela, Goldman Found a Hot Deal and a Moral Mess
(New York Times) If a deal looks too good to be true, it may just be. Money managers at Goldman Sachs bought $2.8 billion face value of Petroleos de Venezuela bonds at a deep discount last week, attracting the ire […]