Monthly Archives: September 2018
Hedge Fund HG Vora Builds Caesars Stake, to Push for Divestiture or Sale
(Reuters) Hedge fund HG Vora Capital Management LLC has built a 4.9 percent stake in U.S. casino operator Caesars Entertainment Corp (CZR.O), seeking to persuade it to explore options that could include divestitures or an outright sale of the company, […]
iM Global Buys Stake in U.S. Liquid Alternatives Firm
(Reuters) Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds’ strategies but for far lower fees. Paris-based iM Global Partner, which provides distribution and regulatory support to […]
Hedge Funds up 0.04 Per Cent in August, Says eVestment
(Hedgeweek) Overall industry hedge fund performance came in at +0.04 per cent in August, bringing year to date (YTD) 2018 industry performance to +1.10 per cent, according to data released by eVestment. Among primary strategies, event driven-activist funds were among […]
CAIA Association adds Cowell to board
(Opalesque) The Chartered Alternative Investment Analyst (CAIA) Association, the global leader in alternative investment education, today announced the newest member of its Board of Directors: Anthony Cowell, Head of Asset Management for KPMG in the Cayman Islands.”We could not be […]
Barclay CTA Index Gains 0.71% in August
(Opalesque) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.71% gain in August. Year to date, the Index has lost 1.43%. “Downtrends in agricultural markets, precious metals, and emerging market currencies provided a helpful tailwind […]
Barclay Hedge Fund Index gains 0.42 per cent in August
(Hedgeweek) Hedge funds gained 0.42 per cent in August according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 3.26 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Hedge Fund Index […]
Equity Hedge Funds Extend Gains in August to Lead Industry
(Bloomberg) Stock-picking hedge funds were the best performers in August as U.S. equities pushed toward a new record. The managers who bet both long and short on stocks gained 1.1 percent last month on an asset-weighted basis and are up […]
Retired hedge fund boss Martin Taylor says he plans to get back in the game
(Reuters) – British investor Martin Taylor, who closed his $1.5 billion hedge fund Nevsky Capital and retired at 46, plans to get back in the market with a fresh perspective and a new firm. To read this article:
Hedge Fund Tiger Global ups Stake in Fiat Chrysler to $1 Billion
(Reuters) U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles (FCHA.MI) to 873.3 million euros (767,919 pounds), a recent filing with the Dutch regulator showed. Tiger, which runs around $22 billion in assets in under […]
ETF Brings Credit Derivatives Loved by Hedge Funds to Masses
(Bloomberg) After revolutionizing the way investors buy everything from equities to gold, ETFs are now threatening to disrupt the trillion-dollar market in credit derivatives. To read this article:
Economic Check-In: Tensions Push Economy Toward Late Cycle
(Harvest) Key Takeaways..The economy has been growing rapidly, but trade tensions and higher rates could be headwinds.Keep a close eye on inventory levels.Investors should consult their financial advisors to make sure they are diversified across the equity market.Consider inflation-protected investments. […]
Brazil Hedge-Fund Legend Increases Bet on Stocks Ahead of Vote
(Bloomberg) Brazilian legendary hedge-fund manager Luis Stuhlberger is taking advantage of election jitters to step up his bet on stocks. The “Brazilian market continues on its frantic search to adjust to election odds on a daily basis,” Stuhlberger’s Verde Asset […]