Monthly Archives: August 2016
Hedge Funds Slash Bullish Natgas Bets, Fearing Less Summer Heat
(Reuters) Hedge funds and other speculators cut their bullish exposure to U.S. natural gas to June lows, data showed on Friday, after varying forecasts for summer led to worries about reduced air conditioning needs and demand for gas-fueled power. Money […]
SEC Obtains Asset Freeze in Case of Investor Funds Stolen for Shopping Sprees
(HedgeCo.Net) The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly […]
Company Punished for Severance Agreements That Removed Financial Incentives for Whistleblowing
(HedgeCo.Net) The Securities and Exchange Commission today announced that a California-based health insurance provider has agreed to pay a $340,000 penalty for illegally using severance agreements requiring outgoing employees to waive their ability to obtain monetary awards from the SEC’s […]
The favorite tech stocks of the best hedge funds
(CNBC) With the Nasdaq composite just below record highs, here are the stocks the best tech stock-picking hedge funds think will ride any rally higher.CNBC PRO used Symmetric.io, a hedge fund tracking research firm, to find the top tech stocks […]
NYHFR: Alternative Industry Weighs in on Presidential Election
(Fin Alternatives) Hillary Clinton is heavily favored to win the November presidential election, according to a new survey by the New York Hedge Fund Roundtable, despite mixed opinions about which candidate would be better for the economy and stock market. […]
Eurekahedge: Industry Outflows Total $5.7B in July
(Fin Alternatives) Investors pulled an additional $5.7 billion from hedge funds in July, the third consecutive monthly outflow, to bring total redemptions to $20.7 billion over the period. To read this article:
S & P Global Intelligence: Hedge Funds Continue to Shed Equity Positions in Q2/16
(Fin ALternatives) Hedge funds continued to trim equity positions in the second quarter despite improving market sentiment, according to the latest edition of S&P Global Market Intelligence’s Hedge Fund Tracker report. To read this article:
Tudor Demands Top Traders Take More Risk in Hedge Fund Shakeup
(Bloomberg) Billionaire Paul Tudor Jones, who’s facing his worst performance since the global financial crisis, wants to show investors he hasn’t lost his mojo. Jones, the legendary macro trader, boosted the amount of money he’s managing, including borrowed capital, to […]
Hedge Funds Bet on the Mating Dance
(Bloomberg) Poor, poor hedge funds.Returns have plummeted and investors are fleeing. Pensions headed for the exits, and now endowments are close behind.No hedge fund seems to be immune from the fallout. Brevan Howard and Tudor Investment are just the latest […]
The world’s biggest hedge funds have loaded up on these 10 stocks
(Yahoo Finance) During the second quarter, the 50 biggest hedge funds started buying stocks again, increasing their equity exposure by 0.3%, according to a new report from FactSet. Hedge funds bought consumer stocks, while they sold off financials and healthcare, […]
Big Four Banks Sued by US Hedge Funds over BBSW
(Financial Review) The big four Australian banks, Macquarie and a dozen international investment banks who were members of the panel that set the bank bill swap rate, a key benchmark interest rate, have been sued in the US District Court […]
When Hedge Funds Are Paid to Be Too Big
(Reuters) Combine the standard hedge fund compensation model with the reality of declining fund performance as assets under management increase and you have a whopping conflict of interest. Unlike mutual funds, hedge funds typically get an incentive fee, usually 20 […]