Monthly Archives: September 2016
Emerging-Market Resilience
(Harvest) While prospects at the start of 2016 seemed rather dour for emerging markets, resilience has been the story in the asset class for the first half of the year. What’s behind the improvement in emerging-market equities? Here are some […]
SEC Whistleblower Program Surpasses $100 Million in Awards
(HedgeCo.Net) The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million announced earlier today. The whistleblower program was established by Congress to incentivize whistleblowers with specific, […]
Hedge Funds Face a Year Of Net Outflows
(CNBC) The recent run of solid performances by hedge funds has not been enough to stem outflows or endear fund managers to frustrated investors, industry experts have told CNBC, warning that 2016 could be the first year since the global […]
Hedge Fund Industry Growth ‘Unwelcome,’ Says Caxton’s Law
(Bloomberg) Andrew Law said the hedge fund business is too big — and failing. Law, who runs Caxton Associates, said the growth in industry assets since the global financial crisis has been “both an exceptional and unwelcome development.” Managers now […]
Multi-Manager Hedge Fund Caxton to Follow Rivals in Cutting Fees
(Reuters) Hedge fund firm Caxton Associates said it plans to cut the fees it charges investors following a period of lower returns for the industry, a letter to investors seen by Reuters showed. The New York-based firm, which employs around […]
Och-Ziff Says U.S. Judge Ignored Own Deadline in Class Action
(Reuters) Lawyers for Och-Ziff Capital Management Group LLC said a federal judge ignored his own deadline by certifying a class-action lawsuit tied to a bribery probe on Wednesday without giving the largest publicly traded U.S. hedge fund company a chance […]
Puerto Rico Rescue Law to Face First Court Test From Creditors
(Bloomberg) The new federal law that shields Puerto Rico from bondholder lawsuits will have its day in court next week. U.S. District Judge Francisco Besosa has scheduled a hearing on Sept. 22 in San Juan on whether investors should be […]
Fired Highland Capital Manager Says He Opposed Self-Dealing
(Bloomberg) A former portfolio manager seeks to force Highland Capital Management LP into arbitration over his claim that he was fired after questioning what he described as the firm’s illegal self-dealing with outside investors. Highland said in a court filing […]
Activist Hedge Fund Crystal Amber Sees Post-Brexit Vote Opportunities
(Reuters) Hedge fund Crystal Amber Fund Ltd on Tuesday said Britain’s vote to leave the European Union had created opportunities for its brand of activist investing, although it remained cautious on the market outlook. Activist funds such as Crystal Amber […]
Stop Fighting Volatility, Invest In It
(Harvest) Enter a handful of hedge fund managers who are doing just that, managing millions for investors via VIX futures and options market. How do they do it? After 50 days of no daily stock market moves bigger than 1%, […]
AIMA: Emerging Trends Suggest Greater Alignment of Interests Between Investors, Managers
(Fin Alternatives) Alternative asset managers are changing business models and exploring ways to improve the alignment of interests between themselves and their investors, according to a new survey by the Alternative Investment Management Association. To read this article:
Hedge Funds Find a New Short-Selling Guru
(Bloomberg) As activist short sellers descend on Japan’s stock market for the first time, one local analyst is emerging from obscurity to contend for the title of Tokyo’s most influential bear. His name is Yuki Arai, and for someone who […]