Monthly Archives: June 2016
Hedge Fund Investors Seek CTAs in 2016
(Hedgeweek) The latest report from Preqin finds that increasing numbers of active investors and a positive general view of performance among existing investors have driven inflows into CTAs over recent quarters. The number of institutional investors actively investing in CTAs […]
Lincoln’s Cooper Shifts to Private Equity as Hedge Funds Falter
(Bloomberg) Ellen Cooper, the former Goldman Sachs Group Inc. money manager who is chief investment officer at Lincoln National Corp., plans to boost the insurer’s holdings of private equity while reducing allocations to hedge funds. By 2018, about 90 percent […]
Position Concentration Continues At Hedge Funds
(Harvest) If one examines the horrible performance at some of the largest and well known hedge funds,one would reach the conclusion that overly large position concentration and a lack of a risk management methodology would be the predominant causes of […]
Macro Hedge Funds – Dispersion In Asset Classes And Style
(Harvest) All macro hedge funds are not alike. Macro/CTA’s have had modest performance this year, but specialty managers have generated stronger gains. There are wide differences in performance of managers who specialize by asset class or style of trading. This […]
Hedge Fund Starts Testing Swedish Central Bank’s Krona Resolve
(Bloomberg) Hedge fund Ambrosia is betting the Swedish central bank will let its guard down on the krona after turning the corner in its battle to revive inflation. As inflation expectations also head up, policy makers will be able to […]
Kerviel Wins $517,000 as Judge Attacks SocGen Over Firing
(Bloomberg) Jerome Kerviel, who was convicted of causing a record $5.6 billion trading loss at Societe Generale SA, won more than half a million dollars in compensation as a Paris judge berated the lender for its role in the affair…. […]
Weiss Hedge Fund Hires Cadian’s Schubak to Make Consumer Bets
(Bloomberg) Ross Schubak, former consumer sector head at hedge fund Cadian Capital Management, has joined $1.1 billion Weiss Multi-Strategy Advisers as a portfolio manager. Schubak moved to Weiss in mid-May, where he will focus on the U.S. consumer discretionary sector, […]
Distressed Debt Trader Nate Morse Joins Aristeia Hedge Fund
(Bloomberg) Credit trader Nate Morse has joined hedge fund Aristeia Capital after leaving Luxor Capital in January as event-driven strategies struggled earlier this year. Morse, who started at Aristeia on Monday, will focus on trading high-yield credit for the $2.2 […]
SEC: Morgan Stanley Failed to Safeguard Customer Data
(HedgeCo.Net) The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney LLC has agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered […]
Hedge Fund Manager Arrested For Paying Kickbacks To New York Union Chief
(Forbes) Federal prosecutors in Manhattan on Wednesday unsealed a criminal complaint that claimed a hedge fund manager raised $20 million from a New York City correctional officers union through kickbacks. Murray Huberfeld, who has been linked to Platinum Partners, was […]
Blackrock: Investing opportunities to consider before the second half
Blackrock: Investing opportunities to consider before the second half Harvest posted on Wed 8 Jun 2016 Permalink Print Markets today are characterized by low returns and lots of “me-too” trades, but it’s important to remember low return doesn’t mean no-return. […]
Hedge Funds Trailing Stock Rally May Be S&P 500’s Next Big Buyer
(Bloomberg) Didn’t think this year could get any worse for hedge fund managers? Guess again. As if posting their worst start to a year and suffering the biggest crush of outflows since the financial crisis wasn’t enough, hedge fund managers […]