Monthly Archives: September 2016
There is something missing from the hedge fund industry
(Business Insider) In 2015, Mallory Downing was hustling for a hedge fund job.Like many of her peers at Columbia Business School in New York, she sent out hundreds of resumes. She met with more than 100 people in interviews or […]
Fintech Venture Targets Hedge Funds With Big-Data Research
(Bloomberg) A Japanese startup is entering the equity-research business in a bid to challenge the dominance of securities firms by using computers to crunch vast troves of information and predict companies’ earnings. Nowcast Inc., a financial-technology venture formed last year […]
Westbeck Capital Nears Regulatory Green Light, Eyes $100 Million
(Reuters) London-based hedge fund firm Westbeck Capital hopes to get full regulatory clearance for its energy fund in September and is targeting $100 million in assets by year-end, a source close to the company said on Monday. Set up by […]
Solarcity Raises $305 Million in Deal Advised by Soros’ Firm
(Reuters) Solar panel installer SolarCity Corp (SCTY.O), which is being bought by Tesla Motors Inc (TSLA.O), on Monday said it had raised $305 million by selling the future cash flows for a portfolio of solar projects to a fund advised […]
Ex-SAC Trader Shutters Hedge Fund Backed by Alibaba Founders
(Bloomberg) Andrew Bazarian, a former employee at billionaire investor Steven A. Cohen’s firm, will shut his Asia-focused hedge fund whose backers include a firm that invests money for Alibaba Group Holding Ltd. executives, according to people familiar with the matter….Bazarian […]
Global Macro Investing – A Simple Framework
(Harvest) Global macro investing can focus on just macro issues or be more specialized by looking for specific security opportunities, but it starts with determining the impact of macro events on cash flows and discount rates. This macro focus is […]
Some of the Biggest Hedge Funds Are Bleeding Cash
(Bloomberg) Some of the biggest and best-known hedge funds can’t hang on to client capital…Richard Perry, who started his hedge fund 28 years ago, has seen assets in his Perry Capital shrink to $4 billion, from $10 billion last September. […]
Funds Cut Bearish Pound Positions Before BOE Rate Decision
(Bloomberg) The pound rose for the first time in four days as hedge funds and other large speculators cut their bets that the currency will fall for a second week before the Bank of England’s latest policy decision. That’s the […]
Family Of Trump’s Son-in-Law Linked to Hedge Fund Probe
(New York Post) The troubled New York hedge fund that is plaguing the city prison guards’ union has also ensnared the family of Donald Trump’s son-in-law Jared Kushner, The Post has learned. Hedge fund firm Platinum Partners, which is being […]
Gross: Pimco’s ‘Bad Faith Obstruction’ in Bonus Suit
(Bloomberg) Pimco co-founder Bill Gross says his former firm has grown so unreasonable after a falling out over an unpaid bonus that it’s trying to force his attorneys to defy the realities of global travel. Gross’s accusations of “bad faith […]
Hedge Funds Hike Bets on Ideas of Coffee, Hard Wheat Supply Squeezes
(Agrimoney.com) Hedge funds bet hard on stories of squeezes in higher quality wheat, and coffee, markets, even as they cut bullish positioning on agricultural commodities overall, to the weakest in nearly five months. Managed money, a proxy for speculators, reduced […]
Are the Capital Markets Headed for a Major Correction and Will Hedge Funds Help or Hurt?
(HedgeCo.Net) Major corrections in the capital markets are a risk that investors must always consider. Experience shows the question is not if a major correction will happen, but when. The challenge for investors is to determine and prepare for the […]