Monthly Archives: September 2023
AIMA, MFA et al sue SEC over Private Funds Advisor Rules
(Hedgeweek) The Alternative Investment Management Association (AIMA), and Managed Funds Association MFA, along with four other industry bodies, have filed a law suit challenging the adoption of the new Private Funds Advisor Rules by the US Securities & Exchange Commission […]
Hedge funds turn bearish as US stock market stalls in August
(Hedgeweek) August has a reputation as being something of a tough month for equities markets when lower trading volumes as traders and investors go on holiday. Long-short hedge fund managers were seemingly ahead of the game having unwound bearish bets […]
Hedge funds cut short positions on US regional banks
(Hedgeweek) Hedge funds have cut their short wagers against US regional banks and a have now adopted a more bullish stance on the US financial sectors on the whole, just as banking stocks have begun to rise, according to a […]
Morgan Stanley says China is ‘overinvested,’ but India’s the opposite
(CNBC) China is overinvested as its economy continues to get buffeted — but India has room for investment opportunities, said Morgan Stanley. “China is overinvested. It’s overleveraged and it’s oversupplied. And then it has this geopolitical cloud over it,” said […]
Accountant Charged for Aiding and Abetting a $110 Million Ponzi Scheme
(HedgeCo.Net) The Securities and Exchange Commission files charges against William V. Conn, Jr., a certified public accountant of Sandy Springs, Georgia, for participating in a Ponzi scheme perpetrated by John Woods using an investment fund Woods created and controlled, Horizon […]
Endowment fund returns decline in 2022
(Opalesque) 2022 was a tough year for endowed funds, according to new data from Commonfund. Commonfund surveyed 277 foundations and found that investment returns declined across the board in 2022. To read this article:
Ex-Citadel traders’ hedge fund slumps 25% after strong start
(Hedgeweek) FIFTHDELTA, a long-short hedge fund founder by former Citadel traders Niall O’Keeffe and Tio Charbaghi, which was one of Europe’s biggest hedge fund launches in 2021, has seen YTD losses hit 25% after a 13% fall in July, according […]
Inflows to Tiger Cub funds slow as poor performance bites
(Hedgeweek) Flows of new investor cash into funds managed by several Tiger Cubs – one-time protégés of Tiger Management founder Julian Robertson – have slowed dramatically after they posted some of their worst returns on record, according to a report […]
Stock futures are little changed ahead of August payrolls report: Live updates
(CNBC) Stock futures were near the flat line Thursday night as investors came off a mixed trading session and closed out a month that saw losses for all three stock indexes. Futures tied to the Dow Jones Industrial Average added […]
Hedge fund veteran favoured as new GAM chief executive
(Hedgeweek) NewGAMe, the activist investment group closing in on a takeover of Swiss asset manager GAM, has named hedge fund veteran Randel Freeman as its preferred candidate for the role of chief executive, according to a report by Financial News. […]
Barclays Agrees to a $361 Million Settlement to Resolve SEC Charges Relating to Over-Issuances of Securities
(HedgeCo.Net) The Securities and Exchange Commission has charged Barclays PLC and Barclays Bank PLC (BBPLC) in connection with the unregistered offer and sale of an unprecedented amount of securities due to a failure to implement any internal control to track […]
Apple downgrade sparks tech sell-off, sending Alphabet and Microsoft to one-year lows
(CNBC) Shares of large technology companies suffered heavy losses on Thursday, dragging down many other U.S. stocks along with them, after analysts at Bank of America lowered Apple’s stock rating. Tech stocks have been pushed down all year as investors […]
