Category Archives: Syndicated

China Hedge Funds Bounce Back From Losses to Rank Near Top

(Bloomberg) China-focused hedge funds bounced back from their worst performance in five years and trounced global counterparts. After an annual loss last year, Greater China hedge funds added more than 13 percent on average in the first half of 2017 […]

Eurekahedge: Hedge Fund Index Dips -0.19% in June

(FINalternatives) Hedge funds ended their streak of five consecutive months of positive returns in June, according to a flash update of Eurekahedge’s Hedge Fund Index, while still underperforming broader market measures for the month. To read this article:

Wilshire Liquid Alternative Index Returns Flat -0.02% In June

(FINalternatives) Liquid alternatives were essentially flat in June, according to new data from Wilshire Associates, as gains in equity hedge and event-driven funds were overshadowed by a steep decline in global macro managers. To read this article:

Elliott Hedge Fund Seeks to Challenge Buffett’s Bid for Energy Company

(New York Times) The hedge fund Elliott Management is hoping to block Warren E. Buffett’s $9 billion takeover bid for Energy Future Holdings, the bankrupt Texas power giant, by working on an even higher offer. Elliott, the biggest creditor to […]

Hedge-Fund Manager Crispin Odey Says It’s Now More Likely the Market Will Crash

(Bloomberg) Crispin Odey, who made money for a second straight month by sticking to bearish equity bets, said the chance of a market crash is rising as growth slows and the Federal Reserve normalizes interest rates. The credit cycle boosted […]

A Dynamic View of Intrinsic Value

(Harvest) Our investment strategy has always been to buy companies at a big discount to their intrinsic value and either a) be patient or b) act as a catalyst to close the gap or increase the intrinsic value over time. […]

The Real Risk is No Perceived Risk

(Harvest) Stocks up, bonds up. Will our current goldilocks scenario hold, or are investors sowing the seeds of future disappointment? Global fixed income portfolio manager Jeff Klingelhofer, CFA, offers his unique take on the current divergence between equity and bond […]

US Agency Moves to Allow Class-Action Lawsuits Against Financial Firms

(New York Times) The nation’s consumer watchdog adopted a rule on Monday that would pry open the courtroom doors for millions of Americans, by prohibiting financial firms from forcing them into arbitration in disputes over their bank and credit card […]

China Hedge Funds Bounce Back From Losses to Rank Near Top

(Bloomberg) China-focused hedge funds bounced back from their worst performance in five years and trounced global counterparts. After an annual loss last year, Greater China hedge funds added more than 13 percent on average in the first half of 2017 […]

Reuters Loses Court Appeal Over Story on Hedge Fund Brevan Howard

(Reuters) Reuters on Friday lost an appeal against a court ruling that stopped the news agency from publishing a story about British hedge fund firm Brevan Howard Asset Management. Three Court of Appeal judges said that a lower court was […]

How Teachers, Firemen and College Endowments Ended up Enriching America’s Hedge Fund Billionaires

(The Business Insider) In the summer of 2015, Penn State’s endowment invested $50 million in Pershing Square Capital, a high-profile hedge fund run by New York City billionaire Bill Ackman. The endowment, one of the largest held by a university, […]

Former Officer of Martin Shkreli Hedge Fund Filed SEC Complaint Against Shkreli While at Fund

(HITC Business) Jackson Su testified that the “last straw” for him was seeing Shkreli take $10,000 in cash from his drug company’s account, which had just $20,000 in it. To read this article: