Category Archives: Syndicated
Hedge Fund Optimas Looks Around the World to Trade China Themes
(Bloomberg) To trade China themes, look around the world. So says Optimas Capital, which raised $300 million last year to rank as one of Hong Kong’s largest hedge-fund startups. About half of the hedge fund’s investments since its August inception […]
Investors Stick With Macro Funds, Hope For Volatility Comeback
(Reuters) Lack of volatility in financial markets that has hit ‘macro’ hedge funds in the first half of the year has not stopped some investors from betting that things could get bumpier in the second half. Money poured into many […]
Standard Bank Starts Prime Broker to Gain From Hedge Fund Growth
(Bloomberg) Standard Bank Group Ltd., Africa’s largest lender by assets, plans to start a prime brokerage next month to benefit from regulatory changes in South Africa it expects will boost the hedge fund industry. The Johannesburg-based company anticipates having five […]
BlackRock’s Ultra Cheap Hedge Fund Doubles Assets in Six Months
(Bloomberg) BlackRock Inc. took a gamble by breaking the 1 percent fee barrier for a hedge fund. Now it’s paying off. The Style Advantage fund more than doubled its assets in the first half of the year to $1.6 billion, […]
Reinsurer Beechwood Sold Following Hedge Fund Woes
(Reuters) Beechwood, a group of reinsurance and asset management companies, has been sold after it lost clients and suffered a bruised reputation when hedge fund firm Platinum Partners collapsed amid federal investigations and fraud charges, a person familiar with the […]
Boston Hedge Fund Manager Arrested and Charged With Ponzi Scheme
(Bloomberg) Boston-area hedge fund manager Raymond Montoya, who led the RMA Strategic Opportunity Fund LLC, was arrested and charged by federal prosecutors with running a Ponzi scheme. The federal charges on Wednesday followed a civil lawsuit in June in which […]
The Oil Trader Known as ‘God’ Is Closing Down His Main Hedge Fund
(Bloomberg) If an oil trader so good that he was known as “God” can’t win in today’s markets, it’s hard to imagine who can. Andy Hall is closing down his main hedge fund after big losses in the first half […]
China Hedge Fund Says Most ‘Violent’ Phase of Deleveraging Over
(Bloomberg) Shanghai Chongyang Investment Management Co., whose oldest China hedge fund has returned almost three times as much as equity benchmarks, said the nation’s stock and bond markets are poised to rally as the “worst” part of a deleveraging process […]
Southfield Capital Raises $200M For Oversubscribed Second Fund
(FINalternatives) Southfield Capital has raised $200 million in capital commitments for its second buyout fund, hitting the hard cap and surpassing the pool’s $175 million target. To read this article:
Fortress Investment Group’s AUM Climbs 3% in Quarter, Year
(Pension & Investments) Fortress Investment Group’s assets under management increased 3% to $72.4 billion for both the quarter and the year ended June 30, the firm’s earnings report released Thursday showed. As of June 30, approximately 87% of alternative investment […]
Saudi Oil Minister Met With Top Commodity Hedge Funds
(Bloomberg) Khalid Al-Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of personally canvassing investor views on the state of the market. In the past, Saudi […]
Betting Against Tesla Has Cost Hedge Funds More Than Half a Billion
(TheStreet) The increase of Tesla Inc.’s (TSLA) shares since its latest earnings release has cost hedge fund managers who bet against the stock about $607 million Thursday, according to estimates from financial analytics firm S3 Partners. To read this article: