Monthly Archives: June 2016
Investors Rush To Commodities Hedge Funds
(Valuewalk) The hedge fund industry just can’t seem to catch a break this year….However, there’s one section of the hedge fund world that seems to be doing better than others. After years of haemorrhaging clients and cash, commodities hedge funds […]
Gundlach’s Doubleline Reaches $100 Billion in Assets Under Management
(Reuters) Jeffrey Gundlach’s DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday. DoubleLine, founded in December 2009 and considered one of the fastest-growing asset managers in the United States, benefited from […]
Hedge Fund Marcato’s Main Fund up 1.2 Pct, Encore Fund up 4 Pct in May
(Reuters) Activist hedge fund Marcato Capital Management’s main portfolio climbed 1.2 percent in May as some of its biggest investments, Bank of New York Mellon and Sotheby’s, performed better. The May returns helped shrink the fund’s year-to-date decline to 8.7 […]
Hedge fund managers indicted for selling fake Uber and Airbnb shares to pay for Vegas strippers
(The Verge.Com) Two hedge fund managers have been indicted by the US Securities and Exchange Commission and Department of Justice for allegedly selling fake shares in Uber, Airbnb, and Alibaba, and using the money to pay for visits to Las […]
SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses
(HedgeCo.Net) — The Securities and Exchange Commission today charged a New York City-based trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The […]
Citi Reviews Hedge Fund Performance for April
(Daily Alts) Citi Reviews Hedge Fund Performance for AprilHedge funds posted gains in April, with aggregate returns ranging from +0.41% to +0.93%, according to two different measures used in Citi Prime Finance’s Hedge Fund Industry Snapshot for May 2016. But […]
Calculating the Return on Incremental Capital Investments
(Harvest) I received a lot of feedback, comments and a few questions after Connor Leonard’s guest post last week. Connor’s write-up was very well articulated, and deservedly received much praise. There were a few questions which we tried to address […]
How Long Will Managed Futures Be in a Drawdown?
(Harvest) You see, drawdowns are messy. They feel impossible, and that they will never end. They feel like it’s the first time such an investment has gone through such a losing stretch. Managed Futures is officially in the red for […]
Billionaire hedge fund manager tears down his $62 million mansion
(CNBC) Sick of your multimillion-dollar home? You could tear it down, as billionaire hedge fund manager Steve Cohen did, according to the New York Post.The newspaper reported Sunday that the founder of Point72 Asset Management tore down his mansion in […]
Hedge Funds That Can’t Hedge
(Bloomberg) Hedge funds have had a tough 12 months and the first quarter of 2016 was the worst in at least seven years. Grief, however, is always relative. Those suffering in New York or London may find some comfort when […]
Pine River to Shut Fixed Income Fund, Returns $1.6 Billion to Investors
(Reuters) Hedge fund Pine River Capital Management will close its Pine River Fixed Income fund and return $1.6 billion to investors, to streamline its offering of funds, according to a letter to clients seen by Reuters. Brian Taylor, Pine River’s […]
Gold Price Tops $1,250 as Hedge Funds Caught Short
(Mining.com) On Monday, gold built on sharp gains enjoyed on Friday after data out of the US showed employment growth in the world’s largest economy at a near-six year low, pushing back any interest rate hike well beyond the summer. […]