Category Archives: Syndicated
Jim Chanos’s Short Hedge Funds Have Fallen This Year
(Bloomberg) Legendary short-seller Jim Chanos is losing money in his two hedge funds that bet against companies amid a market rally, which has pushed stocks to record highs. To read this article:
A Hedge Fund Started By a Pioneering Female Investor Has Lost More Than Half Its Assets in Two Years
(The Business Insider) A hedge fund started by a pioneering female investor has posted slight gains this year after suffering a steep drop in assets. Jamie Zimmerman’s Litespeed Partners now manages about $725 million, less than half of what the […]
Event-Driven Hedge Fund Melqart Plans to Stop Taking New Money
(Bloomberg) Melqart Asset Management (UK), a London-based hedge fund started by Michel Massoud, is preparing to close its fund to new money after assets rose to more than $600 million, according to a person familiar with the matter. To read […]
Maria Made Puerto Rico’s Giant Debt Even Trickier for Hedge Funds
(Bloomberg) After President Trump said in an Oct. 3 television interview that Puerto Rico’s debt would have to be forgiven, the price of bonds issued by the U.S. territory fell as much as 31 percent, a massive move in the […]
How a Small Minnesota-Based Investment Bank You’ve Never Heard of Got In On a $3.6bn Wall Street Deal
(The Business Insider) Think of Minnesota, and the first thing that probably comes to mind is the state’s 10,000 lakes. Not multi-billion dollar pharma deals. But that’s exactly what’s on the mind of the 50-plus financiers at TripleTree, a Minneapolis-based […]
Islands No More: Crypto Hedge Funds Bring Cryptocurrency Risk Into Mainstream Financial System
(Forbes) Risks that have been relatively contained to the fringe worlds of Bitcoin, Ethereum, Zcash, Monero and other fantastically-named cryptocurrencies, are reaching their tentacles into the broader financial system, one hedge fund at a time….With each new crypto hedge fund […]
Here’s Why Janet Yellen Is a Revolutionary Hero
(Harvest) Financial media pundits have been breathlessly speculating lately about who the next Fed Chair will be. Will it be Yellen again? Will it be Cohn? Will it be Warsh? Or will it be somebody else?I have a pretty good […]
As Good as It Gets? Three Risks to Global Growth
(Harvest)When the macroeconomic environment is as good as it gets and valuations are tight, it is time to emphasize caution, capital preservation and diversified sources of carry away from the crowded trades. PIMCO’s baseline economic forecast is for a continuation […]
Is BlackRock the Amazon.com of Investing?
(Bloomberg) BlackRock Inc. just rocked. Sort of. The world’s biggest asset manager reported Wednesday morning that its third quarter earnings rose 10 percent, solidly beating expectations for the first time in three quarters. The company earned $5.78 per share — […]
$12bn Hedge Fund That’s Trailing Its Peers, Is Ramping Up for a Critical Few Weeks
(The Business Insider) Balyasny, a $12 billion hedge fund, is ramping up for earnings season — and has a lot on the line. The Chicago-based firm has posted slight gains this year but is still losing to competitors, according to […]
Investors Bet on Comeback: UK’s Alan Howard Amasses $3bn
(Reuters) Investors are betting Alan Howard can reclaim his touch as a star macroeconomic trader, helping Brevan Howard Asset Management amass more than $3 billion (2.4 billion pounds) for a hedge fund he alone will control. Howard, one of Britain’s […]
Cohen Is Said to Eye High Fee Structure in Fund Relaunch
(Bloomberg) So much for the investor backlash against high fees in the hedge fund industry. To read this article: