Monthly Archives: August 2016
AIMA: Global Private Credit Market Booming
(Fin Alternatives) The global market for alternative private financing for small- and medium-sized businesses is flourishing, according to a new report published by the AIMA’s Alternative Credit Council and consulting firm Deloitte, with institutional capital supporting private lending activities around […]
SkyBridge Opens London Office, Hires KIO’s Alquraini
(Fin Alternatives) Anthony Scaramucci’s SkyBridge Capital has opened a new office in London and brought aboard former Kuwait sovereign wealth executive Hesham Alquraini to lead it. To read this article:
Multi-manager hedge funds suffer losses in first-half 2016
(Reuters) It only took six months for some of the world’s most prominent team-based hedge funds to go from winners to losers. Blackstone Group’s Senfina Advisors, Citadel’s Global Equities Fund and the Visium Global Fund were among the so-called multi-manager […]
Equity Market Highs, Bond Yields at Record Lows. Who’s Right?
(Harvest) The difference there is we’re seeing a bond market that is predicting recession and the companies are actually saying things are not that bad. And I think that’s what the equity market is showing you right now. To read […]
Vanguard Fund Shuts Out New Money
(CNBC) At a time when dividends and buybacks are reaching a peak, signs the trend could be slowing. Vanguard is shutting new investors out of its $30 billion Dividend Growth mutual fund, which has seen $3 billion in cash inflows […]
Hedge-Fund Investors Dumping Lagging Funds
(Valuewalk) Fascinating development: Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half. To read this article click here:
Meyer’s Hedge Fund Assets Drop to $6 Billion as Returns Flag
(Bloomberg) Jack Meyer, the investor who built a multibillion hedge fund firm after more than quadrupling the size of Harvard University’s endowment, has seen assets erode to below the level he started with a decade ago following weak performance. Convexity […]
Einhorn’s Greenlight Fund Jumps 4.8% in July as Stocks Rally
(Bloomberg) The main fund at David Einhorn’s Greenlight Capital rose 4.8 percent in July as U.S. stock markets saw their strongest month since March. The gains boosted the hedge fund’s 2016 return to 5.7 percent, according to an e-mail sent […]
Visium Asset Management to Fire 24 Employees
(Bloomberg) Jacob Gottlieb’s Visium Asset Management plans to fire 24 employees in New York as the firm liquidates its hedge funds following charges against three former employees. The cuts are expected to start on Oct. 26 and continue for “a […]
Hedge Funds Betting Treasuries Rally Has Further to Run
(Bloomberg) Hedge funds and other large speculators set the biggest bet on benchmark Treasuries in more than three years, suggesting they’re confident a record-setting rally has further to run. Traders boosted their positions in 10-year futures to a net 185,521 […]
Ex-Fifth Third Banker Starts Mortgage-Bond Hedge Fund
(HousingWire) It’s one thing to talk about striking out on your own, leaving the nurturing biosphere of a big bank behind and opening your own shop. It’s another thing to actually do it. But Kevin Taylor is doing just that. […]
Top Hedge Fund Moves: A Look At Emanuel Friedman & Daniel Och’s Bullish Moves in Small Caps
(Benzinga) Tracking hedge funds moves is central to many investment strategies, as it may provide with interesting, research-backed ideas. Emanuel J. Friedman’s EJF Capital is bullish on micro-cap bank holding company Westfield Financial, Inc. (NASDAQ: WFD). On Friday, the fund […]