Category Archives: Syndicated
Fields of Gold? Jana Seeks New Money, Allies With Impact Hedge Fund
(Reuters) Wall Street investor Barry Rosenstein’s new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings. To read this article:
GDPR: 5 Quick Facts For Fund Managers
(Alpha-Week) The already intricated regulatory landscape for fund managers will see more added complexity due to another European initiative, launched with EU regulation 2016/679 – also known as the General Data Protection Regulation (GDPR) – which will come into effect […]
Legendary investor T. Boone Pickens is shutting down his energy-focused hedge fund
(The Business Insider) T. Boone Pickens said Friday that he was shutting down BP Capital, his energy-focused hedge fund, and transitioning towards a family-office structure. Pickens, 89, cited health concerns and a loss of interest in trading oil for his […]
Hedge Funds Are Making Money From Exotic Bets
(Bloomberg) Cheese, sunflower seeds and rough rice sounds like an unappetizing mix — unless you happen to be a hedge-fund manager. A handful of computer-driven funds had a bumper 2017 by betting on the future price of such “exotic” assets. […]
Hedge Fund Urges Power Producer to Join Cryptocurrency Craze
(Bloomberg) The biggest investor in electricity generator Atlantic Power Corp. called on the company to explore using surplus output for cryptocurrency mining. In a telephone meeting with Atlantic Power’s management, Mangrove Partners discussed alternative uses for the company’s generation assets […]
Hedge Funds Had a Good Year, Just Not Good Enough
(Bloomberg) Attention hedge-fund investors: I have some good news for you. I also have some not so good news.The good news is that 2017 saw hedge-fund managers generate the best annual returns in four years. According to a recent report […]
Hedge Fund Sues Hovnanian, Blackstone’s GSO Over ‘Manipulation’
(Bloomberg) Hedge fund Solus Alternative Asset Management sued homebuilder Hovnanian Enterprises Inc. and Blackstone Group’s GSO Capital Partners, accusing them of manipulating the market on insurance tied to Hovnanian’s debt. According to Solus, GSO was close to suffering “massive” losses […]
Rosenstein’s Jana Sees Assets Plunge in Half in Two Years
(Bloomberg) Jana Partners, the event-driven hedge fund run by Barry Rosenstein, has lost more than half its assets in about two years as performance waned.Jana managed $4.6 billion firmwide as of December, down from $11 billion in August 2015, according […]
Cohen Loses Another Top Trader Before Hedge Fund Launches
(Bloomberg) One of Point72 Asset Management’s senior staff — Jeff Miller, co-head of U.S. trading — has left the firm, according to people familiar with the matter who asked not be identified. Miller had spent more than a decade working […]
Gemini Sees 36 Per Cent Surge in Hedge/Alternative Fund Clients in 2017
(Hedgeweek) Gemini saw a surge in hedge and alternative fund clients during 2017, and expects this strong momentum to continue into 2018. David Young (pictured), President of Gemini’s hedge funds and alternatives business lines, says: “We have a track record […]
Barclay CTA Index Up 0.54% in December (+0.69 2017)
(Opalesque) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.54% gain in December. The CTA Index ended 2017 with a 0.69% gain. “December’s 1.11% rise in the S&P 500 Index extended its unprecedented winning streak […]
Citadel’s Main Funds Post 13% Returns for 2017
(Chicago Business) Ken Griffin’s Citadel posted 13% returns at its flagship funds, besting peers though falling short of the S & P 500.Citadel, the biggest hedge fund company in Chicago, delivered returns of about 13 percent to investors in its […]