Category Archives: Syndicated
Hedge Fund Managers Don’t Always Beat the Market, but They Still Make Billions
(New York Times) Good performance, mediocre results or even downright ugly returns. When it comes to hedge funds, it scarcely matters. Even as some investors begin to sour on these high-priced stock pickers, the top fund managers still haul in […]
Hedge Fund Billionaire Cooperman Makes Big Bet on Media; Adds AMC, Netflix
(CNBC) Leon Cooperman’s Omega Advisors bought two media stocks in the first quarter, according to a Monday filing with the U.S.The hedge fund added new stakes in shares of Netflix and AMC Networks, buying 78,000 shares and 832,000 shares, respectively. […]
Martin Coward’s Quant Fund dormouse Gains +1.27% In April
(FINalternatives) Quantitative investment manager dormouse regained some footing in April, rising +1.27% as systematic CTA managers recovered from a difficult first quarter. To read this article:
Hedge Funds Are Dumping Gold Bets at Fastest Rate Since 2008
(Bloomberg) Expectations for another boost in U.S. interest rates are wearing down gold bulls. Hedge funds and other large speculators cut long positions in bullion futures and options by the most in more than eight years last week. Traders have […]
Advent Capital Management Hires Reid As Chief Of Staff And Strategy
(FINalternatives) Advent Capital Management LLC has appointed veteran alternatives industry executive and former Thayer Street Partners senior advisor Scott Reid to the newly created position of chief of staff and strategy. To read this article:
Large Hedge Funds Reduced Exposure to Financials in Q1 as Trump Trade Fizzled
(FINalternatives) A raft of big-name hedge fund managers trimmed their exposures to companies in the financial sector in the first quarter as the Trump Trade, anchored on high hopes for the rapid implementation of tax and other regulatory reforms, faded.Adage […]
Harvard Endowment’s Biggest Public Holding Is a High-Yield ETF
(Bloomberg) The Harvard University endowment’s biggest publicly traded holding is a high-yield bond exchange-traded fund, a move into a cheap, passive investment as the school replaces some of its own traders with external money managers. Harvard Management Co. disclosed in […]
Elliott Increases Pressure on BHP to Ditch Petroleum
(Reuters) Activist investor Elliott Management raised the pressure for strategic changes at BHP (BHP.AX) (BLT.L) on Tuesday, calling for an independent review of the mining giant’s petroleum business.Elliott, which has built up a 4.1 percent stake in BHP’s London-listed arm […]
OPEC and Hedge Funds are Trapped in Groundhog Day
(Reuters) Hedge funds had become increasingly bearish toward crude oil by the middle of last week, leaving them vulnerable to a short squeeze with OPEC’s next meeting coming up on May 25. In fact, hedge fund positioning in crude is […]
A 150-year Old Canadian Bank is Muscling in on Wall Street
(The Business Insider) Business Insider spoke with Blair Fleming, head of RBC Capital Markets US, about dealmaking and the Canadian bank’s US growth plans. Fleming: “We have a very deliberate and straightforward strategy to grow our investment bank here in […]
Jeffrey Ubben is Stepping Down as ValueAct’s Investment Chief
(New York Post) Jeffrey Ubben is handing over the reins — at least when it comes to investing — at his $16 billion hedge fund ValueAct. Ubben, 55, will continue to serve as CEO, but ValueAct’s current president Mason Morfit […]
A Rising Rate Environment Helps, but Don’t Look Past other Opportunities
(Harvest) In the post-election equities rally, financials were among the top returning sectors in the U.S. Since their early March peak, however, the sector has incurred greater losses than those of the broader market. The initial optimism was premised on […]