Monthly Archives: August 2016
Hedge Fund Manager Charged in Scheme Involving Terminally Ill
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges against a hedge fund manager and his firm accused of paying terminally ill individuals to use their names on purportedly joint brokerage accounts so he could purchase investments on behalf […]
SEC Charges Stockbroker and Friend With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission today charged a stockbroker and his friend with participating in an insider trading scheme to profit in advance of two major announcements out of a pharmaceutical company. The SEC alleges that Paul T. Rampoldi […]
Preqin Survey: Private Equity Managers Optimistic About Industry’s Prospects
(Fin Alternatives) Private equity managers are predicting growth in their industry over the next twelve month, according to a new survey from industry data provider Preqin, driven by growing investor interest and an expected increase in exits. To read this […]
Hedge Funds Mark Fifth Consecutive Month Of Gains In July
(Valuewalk) The hedge fund industry posted overall returns of 2.17% in July, marking the largest cumulative period of positive performance since May 2013, with the industry returning 6.96% since the beginning of March. As a result, 2016 YTD returns now […]
Visium Trader-Turned Whistle-Blower Tied to Hedge Fund’s Demise
(Bloomberg) A former trader at Visium Asset Management LP told an ex-colleague that one of his first stops after leaving the firm was the SEC. What he didn’t say was that he had turned on his former co-workers and was […]
Brexit Bulletin: Hedge Funds Against the Pound
(Bloomberg.com) Hedge funds have made record bearish bets against sterling as Brexit pummels the currency, while some analysts believe a pound will be worth the same as a euro in 18 months. Large speculators raised net bearish wagers on the […]
Can you make money in commodities?
(Harvest) Can you make money in commodities? Some will say no if you cannot get the roll or income carry working for you. A recent paper in the Financial Analyst Journal “Conquering Misconceptions about Commodity Futures Investing” describes the abject […]
Smaller reigns supreme in hedge funds
(New York Post) When it comes to hedge funds, the little guy has the upper hand. Smaller hedge funds — those with less than $100 million in assets under management — have notched the greatest year-to-date gains, standing at 4.1 […]
Hedge fund caught short as doom-monger Crispin Odey is the WORST performer in 2016
(This is Money) Crispin Odey – the charismatic hedge fund manager who correctly bet on the financial crisis of 2008 – has been caught short by the rally since the Brexit vote and is emerging as the worst performing European […]
Activists And Distressed Hedge Funds Lead In July & YTD; 79% of funds post gains
(Valuewalk) With global capital markets rebounding in July, the environment benefited concentrated equity-focused exposures most, but gains were prevalent across the industry. Hedge funds produced their most broadly positive month since February 2014, with 79% of all funds posting gains. […]
Ackman cheers as Fidelity funds unload more Herbalife shares
(The Business Insider) One of Herbalife’s largest investors sold more of the company’s stock, just weeks after the U.S. government told the protein shake maker to reorganize its business, according to a filing with the U.S. Securities and Exchange Commission….. […]
David Tepper’s hedge fund exits Facebook, Delta and others
(New York Post) David Tepper’s Appaloosa hedge fund is so over Facebook. The fund completely exited its position in the tech darling during the second quarter, it disclosed in a regulatory filing on Friday — after being in the stock […]