Monthly Archives: September 2019
Crispin Odey Opens His Hottest Hedge Fund to External Clients
(Bloomberg) Crispin Odey, whose main fund has seen excruciating losses and spectacular gains, is opening up his firm’s best performing money pool to external investors. To read this article:
JPMorgan Says the Momentum Rotation Isn’t a ‘Quant Quake’ Yet
(Bloomberg) The market rotation into momentum and value assets has left some losers in its wake, but it’s no “Volmageddon” like February 2018, according to JPMorgan Chase & Co. To read this article:
Fund Managers Urged to take action ahead of introduction of Cayman data protection law
(Hedgeweek) Managers of Cayman funds are being encouraged to act now to ensure they fully comply with the new obligations of the Cayman Islands Data Protection Law, 2017 scheduled to come into effect on 30 September 2019. To read this […]
CTAs snap 6-months winning streak, says Lyxor
(Opalesque) The rise in bond yields which started to take shape at the end of August accelerated in recent days and penalized CTAs’ significant long bond positioning, said Lyxor in its weekly brief. To read this article:
Former Deutsche Bank CEO John Cryan to become Man Group chairman
(Opalesque) Hedge fund Man Group announced that the former Deutsche Bank chief executive John Cryan has been appointed as chairman. To read this article:
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2019 measured -0.43%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.21% in September. To read this article:
Hedge funders team up with Michael Jordan to invest in NBA’s Hornets
(CNBC) Eric Chemi reports on how Wall Street is investing in professional basketball. To read this article:
U.S. value fund managers betting shift to value stocks won’t last
(Reuters) – The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance. To read this article:
Hedge funds down 0.78% in August
(Opalesque) The hedge fund industry posted negative returns in August, dropping 0.78%, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P Total Return Index was down 1.58% in August. To […]
CFTC Orders Interdealer Broker to Pay $13 Million for Supervisory Failures and False Statements
(HedgeCo.Net) The U.S. Commodity Futures Trading Commission has issued two orders filing and settling charges against Tullett Prebon Americas Inc., an interdealer broker and CFTC-registered introducing broker headquartered in New Jersey. The combined orders require Tullett to pay a total […]
Hedge Fund Arrowgrass to Shutter After Wave of Redemptions
(Bloomberg) Arrowgrass Capital Partners, the hedge fund started by a group of former Deutsche Bank AG traders, plans to shut after getting hit with a fresh round of investor redemptions. The 11-year-old firm, which employs more than 100 people in […]
Souring Bets on Apocalypse Were at Center of Quant Stock Storm
(Bloomberg) Below its sleepy surface, a breakdown in momentum trades rattled the floor of the U.S. equity market this week. But before getting too worked up about damage to the math whizzes who bore the brunt, it’s worth considering some […]