Monthly Archives: June 2018
Can Emerging Markets Defy a Stronger Dollar?
(Harvest) Turkey’s currency crisis has spooked emerging-market (EM) investors, especially amid growing concern about the strengthening US dollar. We think countries and companies in the developing world are actually much more resilient to a stronger dollar than in the past. […]
13 Private Fund Advisers Charged For Repeated Filing Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced settlements with 13 registered investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. According to the SEC’s orders, the advisers failed to file annual reports […]
Investment Adviser and Two Former Managers Charged for Misleading Retail Clients
(HedgeCo.Net) The Securities and Exchange Commission has announced that New York-based investment adviser deVere USA, Inc. has agreed to pay an $8 million civil penalty related to its failure to disclose conflicts of interest to its retail clients. The settlement […]
Hedge Fund Sues MiMedx Over Short-Selling Claims
(Bloomberg) Hedge fund Sparrow Fund Management LP said in a lawsuit it was falsely accused by MiMedx Group Inc. of trying to illegally manipulate the biotech firm’s stock price. To read this article:
Fund Managers Are Ditching Wall Street for Florida
(Bloomberg) Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states. The Sunshine State’s most recent conquests are two of the founders of I […]
Macro managers are scratching their heads, says Lyxor
(Hedgeweek) Hedge funds were overall flat this week, emphasising their appealing profile in the current environment, according to the latest weekly brief from Lyxor’s Cross Asset Research team. To read this article:
Facebook Has the Most Hedge Funds Counting It as a Top Holding
(Bloomberg) Beset by legislative scrutiny and negative press, this spring was not kind to Facebook Inc. Even so, hedge funds were pouring money into the beleaguered social media giant, even as its stock was falling. So far, it’s been a […]
Hedge funds in the money with dollar bets, struggling with Treasuries
(Reuters) Hedge funds are having mixed fortunes with their currency and U.S. bond bets: Their growing faith in the dollar is being rewarded but they’ve chosen the wrong time to open up a record short position in 10-year Treasuries. The […]
Hedge fund Caius says any UniCredit deal untenable until capital query resolved
(Reuters) – British hedge fund Caius Capital said on Monday it would be “untenable” for UniCredit SpA (CRDI.MI) to undertake any major transaction before issues Caius has raised regarding regulatory treatment of the bank’s core capital are resolved. The Financial […]
Hedge Funds Bear the Blame for Looking Bad
(Bloomberg) A couple of weeks ago, Barron’s interviewed mutual fund legend Jack Bogle, the inventor of the index fund and founder of Vanguard Group. One intriguing exchange caught my eye: Barrons: “Favorite hedge fund?” Bogle: “Reluctantly … anything run by […]
Hedge Funds Jana, Greenlight Report Gains in May
(Reuters) Prominent hedge fund managers David Einhorn and Barry Rosenstein both reported gains in May, signaling that some firms beat the broader stock market, which last month posted its best returns since January. Rosenstein’s Jana Partners fund gained 3.1 percent […]
The End of Goldilocks? Navigating Tight Credit Valuations and Rising yields
(Harvest) Investors have had a good run over the past few years investing in fixed income markets, thanks to a secular decline in interest rates and a cyclical compression in credit spreads. However, the environment in 2018 and beyond may […]