Monthly Archives: June 2016
Barclay Hedge Fund Index Books Third Straight Positive Month in May, Up 0.78%
(FinAlternatives) Indices compiled by hedge fund data provider BarclayHedge are the latest measures to confirm the strong showing put in by most hedge funds last month. To read this article:
Managed Futures Funds: The Best and Worst of May
(Daily Alts) Managed Futures Funds The Best and Worst of MayManaged futures mutual funds and ETFs posted another month of losses in May, falling by an average of 0.87% on the heels of April’s 1.83% losses. May’s losses compare to […]
HFR: Hedge Fund Liquidations Lessen in Q1/16 But Still Out number Launches
(FinAlternatives) Hedge fund closed at a slightly lower pace in the first quarter after accelerating sharply at the end of 2015, according to new data from Hedge Fund Research, although more funds are still closing than are launching. To read […]
Visium Future in Limbo as Hedge Fund’s Star Manager Charged
(Bloomberg) Sanjay Valvani helped Jacob Gottlieb build his Visium Asset Management into a hedge fund that at its peak managed $8 billion. Now he has put its future in doubt. Valvani, 44, was accused on Wednesday of insider trading and […]
U.S. Judge Gives Caesars Temporary Reprieve From Lawsuits
(Reuters) A U.S. judge on Wednesday temporarily halted lawsuits seeking $11.4 billion in damages from Caesars Entertainment Corp (CZR.O) on Wednesday, urging the parties in the bankruptcy of its operating unit to settle before an injunction expires in August. The […]
European Hedge Funds Say A Brexit Is Not Happening
(CNBC) While the rest of the world wonders whether the U.K. will vote to leave the European Union, one group is confident it will not. Europe-based hedge funders overwhelmingly indicated in a recent survey that they believe a Brexit won’t […]
The Hedge Fund Unit At UBS Has Gone On A Hiring Spree
(The Business Insider) Swiss bank UBS Group is expanding an internal hedge fund under new chief investment officer Kevin Russell. UBS O’Connor, the $5.6 billion multi-strategy fund unit of UBS Asset Management, has hired 7 portfolio managers for new roles […]
China Bear Warns Against Too Much Pessimism
(Bloomberg) Forget about the “precarious” state of China’s banking system seen by hedge fund manager Kyle Bass. And the George Soros notion that China resembles the U.S. before its 2008 subprime crisis. Long-time China bear Jim Walker says the biggest […]
Digital First Media Workers Take on Alden Global Capital Hedge Fund
(HedgeCo.Net) Digital First Media workers and advocates for responsible and quality journalism are launching a campaign to demand investor transparency by Alden Global Capital, the hedge fund that purchased Digital First Media newspapers and properties beginning in 2009. Alden has […]
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge […]
Institutional Investors Turn to Alts to Boost Returns
(Daily Alts) Institutional Investors Turn to Alts to Boost ReturnsBNY Mellon has partnered with FT Remark to produce a white paper titled Split Decisions, based on the survey responses of 400 senior executives at institutional investment firms (conducted by BNY […]
Time To Prepare For A Recession
(Harvest) After seven years of expansion, the US economy appears to be headed for a recession. Earlier this month, a weak jobs report bolstered fears that hiring has been slowing and hundreds of thousands have been dropping out of the […]