Category Archives: Syndicated
Hedge Fund Strategies Get a Second Wind
(Seeking Alpha) A number of factors-such as rising U.S. interest rates, the recurrence of big fluctuations in global currencies, and the widening dispersion of equity returns across sectors and regions-may have helped to create an increasingly conducive environment for hedge-fund […]
$12bn Hedge Fund: The Stock Market Has Changed, and We’re Going to Have to Do Things Differently
(The Business Insider) The stock market has changed, and investors are going to have to sharpen their wits. That’s according to Dmitry Balyasny, the managing partner at the billion-dollar hedge fund Balyasny Asset Management. The firm managed $12.6 billion in […]
A Massive Hedge Fund That Shut Itself to Outsiders Is Crushing It
(The Business Insider) European hedge fund BlueCrest Capital Management continues to post stellar returns after shutting its doors to outside investors a little over a year ago. The London-based firm, run by billionaire Michael Platt, has crushed it to the […]
Ex-Broker Sues Hedge Fund for $5m over Layoff Dispute
(New York Post) A broker who worked for hedge fund giant Israel “Izzy” Englander for 28 years is suing his former employer for allegedly being wrongly bounced from his job. Jack Piuggi, who ran American Exchange for brokerage Israel A. […]
Tick, Tick, Tick: For Active Funds, It’s Time to Adapt (or Die)
(Morningstar) Despite already losing ground, active funds are vulnerable to further incursions by low-cost passive funds. Passive funds could capture another 10 percentage points of market share in the next decade or so.To adapt, the active-fund industry must shrink, cut […]
Hedge Funds Disclose Just How Many Puerto Rico Bonds They Own
(Bloomberg) A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds. The disclosure is related to the territory’s May 3 bankruptcy, which will allow Puerto Rico […]
Shkreli Claimed to Have $100 Million While Overdrawn on Fund
(Bloomberg) Martin Shkreli boasted to potential clients in his hedge funds that he was managing as much as $100 million. In reality, prosecutors say, the net asset value of his fund MSMB Capital at one point fell to minus 33 […]
Moore Capital Management Cuts Headcount By 7%
(FINalternatives) Despite buoyant markets around the world, Louis Bacon’s Moore Capital Management has reportedly cut around 30 positions from its New York and London offices. To read this article:
Decoding Yellen’s Message
(Harvest) This week Federal Reserve Chairman Janet Yellen made a comment in her semiannual testimony to Congress that further confirms 720Global’s opinions about current and future economic growth. Decoding Yellen’s Message compares a comment Yellen made to historical data. Based […]
Emerging Markets Hedge Funds Show Strength in June
(Evestment) Hedge funds returned an average of +0.13% in June, +0.84% in Q2 and +3.26% YTD in 2017, according to the just-released June 2017 eVestment Hedge Fund Performance Report. Overseas and emerging markets funds continue to offer big returns, with […]
Dying Hedge Fund Can Take Final Secrets to the Grave
(Dealbreaker) Brevan Howard Asset Management is pretty sick, you guys. Howard’s not the richest hedge fund manager in Britain anymore, in part due to the fact that people won’t pay him to manage their money anymore. And there’s essentially no […]
Carillion’s Slump Yields a Windfall for Marshall Wace, BlackRock
(Bloomberg) Short sellers betting on a slump in the shares of Carillion Plc are in line for bumper profits after concerns of writedowns and speculation about a possible forced share sale wiped out more than half of the British construction […]