Monthly Archives: September 2015
One Time Hedge Fund Darling Valeant Pharma Crushed
New York (HedgeCo.net) – Back in May, there was an article featured in the HedgeCoVest newsletter that looked at where hedge funds were moving their money in the first quarter and the name of Valeant Pharmaceuticals (NYSE: VRX) was the […]
This Hedge Fund Thrives by Sensing Danger
(Barron’s) Jeff Osher smiles at the suggestion that Cat Stevens’ early classic track “The First Cut Is the Deepest” might apply to him. Soon after Osher, now 38, started as an analyst following specialty-finance companies for Montgomery Securities, the Asian […]
Trump Says Hedge Fund Managers May Not Like His Tax Plan
(Bloomberg) Criticized by Republican presidential rivals as having a loose grip on policy, Donald Trump will lay out a tax plan on Monday that he said will increase the burden on hedge fund managers, cut rates for corporations and the […]
Asset managers slap health warnings on China funds in risk rethink
(Reuters) Fund managers are adding new warnings to China investment products in a bid to reduce their legal liability if regulators repeat the heavy-handed intervention in financial markets that rattled investors globally. Hedge funds, asset managers and exchange traded fund […]
Once a Hedge Fund Favorite, SunEdison Has a Long Climb Out of Its Current Hole
(Motley Fool) The rise and fall of SunEdison is one of the stranger stories in renewable energy recently. Formerly known as MEMC Electronic Materials , SunEdison jettisoned its floundering semiconductor business after the solar industry collapsed in 2012 and made […]
Investor Uncertainty Leads to Huge Inflows for Money Markets
New York (HedgeCo.net) – There are a number of indicators that measure investor sentiment, but watching fund flows is one that gets less attention than most. However, a report from Bank of America Merrill Lynch and EPFR Global last week […]
Hedge Funds Grow More Bullish on Oil for Fourth Straight Week
New York (HedgeCo.net) – Oil prices were flat last week and have been trading in a tight range for the four weeks, but that hasn’t kept hedge funds from increasing their bullish bets. With differing views about global economic growth, […]
Looking Ahead To October and December Fed Meetings
New York (HedgeCo.net) – The September FOMC meeting passed and the Fed left rates alone, but for how long? There are two more meetings in 2015, one on October 27 and 28 and one on December 15 and 16. Could […]
No Escape for China Hedge Funds Overwhelmed by Stocks Crash
(Bloomberg) It’s about to get even uglier for China’s hedge funds.The newfangled industry, short on expertise and ways to protect itself from market declines, has seen almost 1,300 funds liquidate amid China’s $5 trillion stocks selloff, and a similar number […]
Harbour Hedge Fund Gains 11% in August Betting on Unloved Stocks
(Bloomberg) – One Hong Kong-based based hedge fund returned 11 percent in August after bets on unpopular stocks paid off, as Asia-focused peers had the worst month in more than three years. Last month’s returns extended the gain by Harbour […]
Asia’s Steadiest Hedge Fund Had August Gain for Perfect Record
(Bloomberg) The LH Asian Trade Finance Fund’s strategy of lending to commodity companies helped the hedge fund post the lowest price swings among peers in Asia and led to a gain in August, even as stocks, bonds and raw materials […]
SEC Charges NY Firm Over Misleading Barnes & Noble Offer
(Reuters) A little-known New York City investment firm and its owner were charged with fraud on Thursday by the U.S. Securities and Exchange Commission for issuing a misleading press release announcing their offer to buy 51 percent of Barnes & […]