Monthly Archives: September 2017
Former Amazon Employee and College Friend Charged With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission today announced insider trading charges against a former Amazon financial analyst who allegedly leaked confidential information to his former fraternity brother in advance of a company earnings announcement so they could turn an illegal […]
Wilshire Liquid Alternative Index Gains +0.38% in August
(Finalternatives) Liquid alternatives rose again in August as financial markets maintained a risk-on stance, according to new data from Wilshire Associates, led by multi-strategy and global macro strategies. To read this article:
Japan Banks Turn to Private Equity, Hedge Funds for Returns
(Bloomberg) Japan’s regional banks are turning toward private equity, hedge funds and real estate in search of higher returns as regulatory concerns restrict ownership of foreign bonds. Alternative assets was the favored choice of investment for five lenders, according to […]
Hedge Funds Watch US Refinery Restarts
(Reuters) Hedge funds are betting crude oil stocks will adjust quickly to the aftermath of Hurricanes Harvey and Irma but gasoline and distillate inventories may take more time to normalize. Hedge funds and other money managers increased their combined net […]
QIM Hedge Fund Soars 56% This Year
(Bloomberg) The tactical hedge fund at Quantitative Investment Management, the $3.4 billion firm run by Jaffray Woodriff, surged an estimated 56 percent this year through August, according to an investor document seen by Bloomberg News. The firm’s systematic long-short equity […]
For One Hedge Fund, a Bet on the Affordable Care Act Sours
(New Zealand Herald) Wagering that the new federal health care law would be a boon, the billionaire investor Larry Robbins bet big on hospital stocks five years ago. Those investments helped propel his hedge fund, Glenview Capital Management, to the […]
Brazil Funds Lead in Strong Month for Hedge Fund Returns
(Evestment) In a strong month for the global hedge fund industry, emerging markets hedge funds continued to shine the brightest, according to the just-released August 2017 eVestment Hedge Fund Performance Report. Brazil-focused funds lead the pack in August with +5.34% […]
China Is Considering Major Investments In European Finance as Part of Its Global Spending Push
(CNBC) After ports and industrial parks, the deal makers leading China’s trillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe’s banks, insurers and asset managers to tap funds and expertise. Last week, sources […]
Hedge Funds Turn More Bearish On Grains Than On Soft Commodities
(Agrimoney) Hedge funds became more bearish on grains than New York-traded soft commodities as concerns waned over dryness damage to corn output – while hurricane worries prompted a surge in betting on cotton price rises. Managed money, a proxy for […]
Senator Reintroduces Bill To Crack Down On Hedge Funds
(Wisconsin Public Radio) U.S. Sen. Tammy Baldwin has reintroduced legislation to crack down on activist hedge funds. The Brokaw Act is named after the central Wisconsin Village of Brokaw, which effectively went bankrupt after Starboard Value, a New York hedge […]
Kettera Expands Hydra To Equity-Based Hedge Funds
(FINalternatives) Alternative investment platform specialist Kettera has expanded its managed account marketplace Hydra to equity-based hedge fund strategies, addressing the challenges faced by investors when trying to incorporate equity hedge fund strategies into portfolios. To read this article:
State Street Paying Penalties to Settle Fraud Charges and Disclosure Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced that State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups for transition management services and separately omitted material information about the operation […]