Monthly Archives: September 2018
Nomura Quant Says Hedge Funds Are Poised to Gorge on Leverage
(Bloomberg) Hedge-fund managers look compelled to load up on risk assets and pump up returns with debt after emerging-market turmoil and interest-rate fears drove leverage ratios close to one-year lows. To read this article:
Hedge Fund Citadel Replaces Head Of Crude Trading
(Reuters) Citadel, one of the world’s largest hedge fund managers, is replacing its head of crude oil trading, according to two sources familiar with the matter, after what one of the sources said were disappointing returns under his leadership. Chicago-based […]
World Shares Face Longest Losing Streak Since January 2016
(Reuters) World shares were flirting with their longest run of declines since early 2016 on Monday, hit by rising anxiety about the U.S.-China trade war and another interest rate increase by the Federal Reserve later this month. To read this […]
Hedge Fund Adviser Charged With Short-and-Distort Scheme
(HedgeCo.Net) The Securities and Exchange Commission today charged a hedge fund adviser and his investment advisory firm with illegally profiting from a scheme to drive down the price of San Diego-based Ligand Pharmaceuticals Inc., reaping more than $1.3 million of […]
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 […]
PointState Alum’s Long-Short Hedge Fund Surges 88%
(Bloomberg) Center Lake Capital, started in 2014 by former PointState Capital money manager Adam Parker, soared 88 percent this year through August, according to a person with knowledge of the matter, who asked not to be identified because the information […]
Digital Asset Hedge Fund Manager Charged With Misrepresentations and Registration Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced its first-ever enforcement action finding an investment company registration violation by a hedge fund manager based on its investments in digital assets. The SEC entered an order finding that Crypto Asset Management […]
The Incredible Shrinking Hedge Fund
(Bloomberg) You’d be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn’t […]
Hedge funds continue to struggle as asset weighted returns for the year turn negative
(Hedgeweek) The Eurekahedge Hedge Fund Index was flat-to-marginally positive at 0.05 per cent during August, trailing the MSCI AC World Index (Local) which gained 1.06 per cent over the month. To read this article:
For Hedge Fund Stars, Being Right in 2008 Proved to Be a Curse
(Bloomberg) It was the spring of 2008, and David Einhorn gave the most memorable speech of his career. At a conference in Manhattan, the hedge fund manager took to the stage at the standing-room-only concert hall and delivered a scathing […]
LCJ Investments Joins Kettera’s Hydra Marketplace
(Hedgeweek) LCJ Investments is to offer its discretionary-driven FX strategy on Hydra, Ketera Strategies’ managed account marketplace for macro, commodities and liquid equity hedge fund strategies. LCJ’s Macro Strategy is a discretionary, fundamentals-based, global macro program that expresses its views […]
Two Brokers Charged With Defrauding Customers
(HedgeCo.Net) The Securities and Exchange Commission charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC alleges […]