Monthly Archives: June 2015
Hedge Funds Score Big Gains
(Wall Street Journal) Some of Wall Street’s biggest investors are outrunning markets for the first time in years, riding gains from bets on instability in Europe and a wave of mergers. To Read this article: www.wsj.com
Brevan Howard Grooming Managers In-House As Banks Retreat
(Bloomberg) Brevan Howard Asset Management started a training program to groom its next generation of money managers within the firm instead of relying on recruits from investment banks. The $26.5 billion investment firm, run by billionaire Alan Howard, is targeting […]
Big Investors Dumping Stocks Like It’s 2008
(Business InSider) In a note Tuesday, Jill Carey Hall at Bank of America Merrill Lynch (BAML) wrote that the clients’ net sales of US stocks amounted to $4.1 billion last week, the largest total since January 2008. www.BusinessInsider.com
Bluemountain, Citadel, Pimco Subpoenaed on Credit-swaps Suit
(CNBC) BlueMountain, Citadel, andPimco received third-party subpoenas in an investor lawsuit aboutcredit swaps, Dow Jones reported, citing sources. The lawsuitalleges that banks and industry groups engaged in anticompetitive practices in the credit-derivatives market. To Read this article: www.cnbc.com
Hedge Funds Return To Extending Bearish Ag Bets
(Agrimoney.com) Hedge funds returned to extending their bearish bets on agricultural commodities, led by corn, in which wet Midwest weather is supporting US yield prospects, and sugar, helping drive prices to a six-year low. Managed money, a proxy for speculators, […]
Ex-LTCM Partner Sees Convertible Arbitrage Risk To System
(Bloomberg) Eric Rosenfeld is aware of risks that threaten the financial system. As co-founder of Long-Term Capital Management he witnessed first-hand in 1998 when the hedge fund’s trades backfired and required the Federal Reserve to orchestrate a bailout by Wall […]
Blooming Retail Focused Hedge Funds Raise Red Flags
(Reuters) A flood of money chasing cheaper and more retail investor-friendly hedge fund strategies could reverse if poor market liquidity ends up hitting returns, attendees at a hedge funds conference said on Tuesday. Discussing the so called “liquid alternatives” sector […]
These Hedge Funds Beat Stocks In May As The Steam Came Out Of China
(Bloomberg) Asia-focused hedge funds beat equity markets in May with profitable China bets just as the nation’s share market rally began to slow. Pine River Capital Management, Springs Capital (Hong Kong) and Legends Asset Management were among those whose returns […]
Leon Cooperman Offers His Take on The Fed Rate Hike
New York (HedgeCo.net) – With so much attention being paid to the Fed and when the process of raising rates might start, it doesn’t hurt to hear from a well-respected hedge fund manager. Omega Advisors CEO Leon Cooperman recently offered […]
Pension Funds Behaving Like Individual Investors
New York (HedgeCo.Net) Over the last five years, corporate pension funds have quadrupled their allocations to hedge funds, but some of those funds may be having regrets as the hedge fund industry has lagged the overall market during this bullish […]
The True Value Of Liquid Alternatives
New York (HedgeCo.net) – While the roaring bull market of the last six-plus years has caused some investors to question the allure of hedge funds, it appears it may be having the same impact on liquid alternatives. A recent Bloomberg […]
Extended Bull Market Changing The Hedge Fund Landscape
New York (HedgeCo.net) – Being famous for short selling stocks can be a tough game, especially when the market as a whole has been moving higher for over six years. Bill Ackman made a name for himself as a short […]