Monthly Archives: September 2015
Puerto Rico’s Biggest Hedge Fund Creditor Group Said to Disband
(Bloomberg) A group of hedge funds holding $5.2 billion of Puerto Rico debt disbanded as creditors prepare for talks to restructure the island’s obligations in smaller alliances, said two people with knowledge of the matter. The group, which counted more […]
A Big Bet That China’s Currency Will Devalue Further
(New York Times) When Mark L. Hart III, a hedge fund investor based in Texas, makes an investment bet, he does it in the style of his home state: big time. Since 2007, his winners have included high-risk, high-return wagers […]
Hao Capital hedge fund doubles investor money with China bets
(Reuters) Hao Capital, a small hedge fund specializing in Chinese stocks, has done something nearly unheard of in this year’s up-and-down market: doubling investors’ money. The 1-year-old fund has posted a 97.8 percent year-to-date gain resulting from long positions on […]
Crispin Odey Warns of New Global Financial Crisis
New York (HedgeCo.net) – As one of Europe’s most well-known hedge fund managers, when Crispin Odey speaks, people tend to listen. If they are listening now, Mr. Odey is warning that there is a new global financial crisis looming and […]
Jim Chanos Breaks Down Chinese Market Fall
New York (HedgeCo.net) – Everyone knows the story of the Chinese stock market this year—up almost 60% through the first five and a half months only to come tumbling back down over the last three and a half months. Rather […]
Harvard Concerned About Equity Outlook, Happy With Hedge Fund Portfolio
New York (HedgeCo.net) – The endowments of Harvard and Yale have been seen as cutting edge in their approach to asset allocation and portfolio management in recent years. These two entities were among the first to view hedge funds and […]
The 20 Biggest Hedge Funds in The World
(The Business Insider) Hedge funds are a huge force in the financial world but they’re not always the most transparent. Below is a list of the 20 largest hedge funds by gross assets covered by data compiler Graypools. The figures […]
Hedge Funds Are Most Short The S&P 500 In Four Years
(Benzinga) In a report issued earlier this week, Bank of America Merrill Lynch analysts Jue Xiong and Stephen Suttmeier looked into the hedge fund world. They assure that large speculators are most short the S&P 500 since November of 2011. […]
China’s biggest quant fund launch raised $3bn in one day
(Hedgefund Intelligence) Beijing-based Harvest Fund Management, a joint venture between Deutsche Bank and state-owned Harvest Group of Companies, raised a staggering CNY16.6 billion (about $3 billion) in just one day in June for its quant-focused Harvest Event-Driven Fund.This makes it […]
What Donald Trump Doesn’t Know about Hedge Funds
(National Review Online) Donald Trump has promised that he will ease burdens on the middle class by going after “the hedge-fund guys,” who, he believes, do not pay enough in taxes. “They’re making a tremendous amount of money — they […]
Blackstone Group Ends Talks to Acquire ATM Maker NCR
(New York Post) The Blackstone Group has withdrawn from the auction of ATM maker NCR, marking the second time this year the company has failed to come to terms with a potential buyer, The Post has learned. “Nothing is going […]
Brevan Howard Partner Hillery Said to Exit Role at Hedge Fund
(Bloomberg) Brevan Howard Asset Management’s Mark Hillery has stepped down as a partner at the hedge-fund firm. Hillery, 50, left the partnership this month, documents filed with the U.K.’s Companies House registry show. Though he’s leaving to manage his own […]