Monthly Archives: September 2017
Steve Cohen’s Comeback Begins
(Bloomberg) Officially, Steve Cohen is undecided about starting a hedge fund. Unofficially, he’s got marketers poised to sign up clients and take in money early next year. ShoreBridge Capital Partners, the company hired last year to gauge interest in such […]
Pimco Total Return Fund Snaps Four-Year Streak of Outflows
(Bloomberg) Pimco Total Return Fund, once the world’s largest mutual fund, got its first monthly inflow in more than four years as strong performance attracted investor cash. The fund saw preliminary net inflows of $348 million, not including reinvested dividends, […]
Are There Still Opportunities in Structured Credit Hedge Fund Strategies
(HedgeCo.Net) Hedge fund managers focused on structured credit strategies can be simplistically divided into two categories: beta managers or alpha generators. Many investors believe the beta opportunity born out of the financial crisis has substantially run its course. As such, […]
Nasdaq To Acquire eVestment For $705M
(FINalternatives) Nasdaq has agreed to acquire well-known alternative asset data and analytics provider eVestment as the company continues to expand beyond exchange operations and into data, content and technology capabilities. To read this article:
European Markets Higher Despite Lingering Korea Tensions
(CNBC) European markets were higher on Tuesday morning, as investors brushed off lingering geopolitical concerns and directed their attention to deal-making. The pan-European Stoxx 600 edged up by around 0.4 percent during early morning deals, with all sectors and major […]
Big Win Has US Investors Wanting More From European Stocks
(Bloomberg) U.S. investors aren’t done with European equities even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg […]
Elliott Shows Tail Wags Dog in German M&A
(Reuters) The investor who snoozes, loses. But maybe not in Germany. The takeover of drugmaker Stada by buyout firms Bain and Cinven is playing out in a way that suggests sometimes the best thing to do is nothing at all. […]
September’s Bringing Tons of Catalysts to Shatter Market Calm
(Bloomberg) Welcome to the cruelest month for U.S. equities. The S&P 500 Index limps into September after stalling amid heightened tensions on the Korean peninsula and historic flooding in Texas. Those broke a stretch of calm that’ll be hard to […]
Hedge Funds Anticipate Hurricane Disruption to US Refineries
(Reuters) Hedge funds turned bearish towards U.S. crude while boosting bullish positions in gasoline and heating oil in the final week of August, anticipating major disruption to U.S. refineries as a result of Hurricane Harvey. Hedge fund operators responded in […]
Bridgewater’s Ray Dalio Dives Deeper Into the ‘Principles’ of Tough Love
(New York Times) In 1993, Ray Dalio, the chairman of what is today the largest hedge fund in the world, Bridgewater Associates, received a memo signed by his top three lieutenants that was startlingly honest in its assessment of him. […]
Global Investors Appeared to Be ‘On Hold’ in August
(Opalesque) The Global Investor Confidence Index decreased to 106.8, down 2.1 points from July’s revised reading of 108.9. The decline in sentiment was driven by a 4.9 point drop in the European ICI to 89.3 along with the 0.3 point […]
Opalesque Roundup: Dozens of new cryptocurrency hedge funds push onto the market:
(Opalesque) In the week ending 01 September, 2017, In FinTech, Autonomous NEXT has released a list of 55 cryptocurrency hedge funds, illustrating the mounting interest in the space at a time when even middle-class Americans are said to be growing […]