Category Archives: Syndicated

Elliott Demands Review of Arconic’s Voting Deal With Oak Hill

(Reuters) Hedge fund Elliott Management Corp, which is in the throes of a proxy battle with Arconic Inc , demanded on Monday an independent review of the company’s voting agreement with private equity firm Oak Hill Capital Partners. Last week, […]

How Cliff Asness Became a Billionaire By Building a Kind Of Vanguard of Hedge Funds

(Forbes) Clifford Asness, chief of AQR Capital Management, is the face of a trend that is sweeping Wall Street. A quantitative trading pioneer with a background that includes a doctorate, Goldman Sachs and hedge funds, Asness has experienced highs and […]

Hedge Fund Stone Milliner Has Worst Start to a Year

(Reuters) Stone Milliner, one of Europe’s best-performing hedge funds that bets on macroeconomic events, lost 2.1 percent in the first two months of 2017, its worst start to a year, an investor letter seen by Reuters showed. That meant the […]

Hedge Funds Rush For Exit After Oil Trade Becomes Crowded

(Reuters) Hedge funds and other money managers cut their combined net long position in the three main futures and options contracts linked to Brent and WTI by a record 153 million barrels in just seven days. To read this article:

Hedge Funds’ ‘Massive’ Ag Selldown Spurs Hopes of Buying to Come

(Agrimoney) Hedge funds turned bearish on agricultural commodities en masse, undertaking their biggest switch short in positioning on record, led by grains – in which they may ironically have boosts the chances of price gains. Managed money, a proxy for […]

To Hedge or not to Hedge?

(Harvest) After another soft start to the year, the U.S. dollar has been strengthening in recent months. Increasing confidence in a less tentative Federal Reserve (Fed), coupled with higher interest rates, has pushed the dollar up roughly 2.5% from its […]

Blackstone is Shutting its Distressed-Debt Fund

(Bloomberg) Blackstone Group LP is ending its $3 billion distressed-debt hedge fund and will shift most of the assets into other credit funds that lock up client capital. The firm said it’s offered investors in its GSO Special Situations Fund […]

World’s Biggest Hedge Fund Joins Pivot to Local Emerging Bonds

(Bloomberg) When it comes to emerging-market sovereign debt, Man Group Plc is going local. The world’s largest publicly traded hedge fund is finding better value in local-currency bonds compared with their hard-currency equivalents, which have become a crowded trade. Local […]

Yellen Surprises Hedge Funds Who Cut Gold Bets Before Rally

(Bloomberg) Janet Yellen’s soothing words on the pace of U.S. interest rate hikes were a day late for hedge funds losing faith in the metal. Money managers cut their bullish bets on bullion by the most since 2015 in the […]

Machine Learning Will Transform Investment Management

(Pension & Investments) Watch out, investment professionals — machine learning is coming to a company like yours. This subset of artificial intelligence isn’t just for programming self-driving cars or sorting cat pictures. It’s entering the investment management space, and its […]

New Breed of SWF Emerges As Nations Seek Growth

(FINalternatives) The traditional sovereign wealth fund (SWF), once the preserve of rich oil exporters or nations with trade surpluses like Norway, Kuwait and Singapore, is ceding ground to an unlikely new form of SWF emerging from nations with large deficits […]

$13 Billion Fund: The Hedge Fund Biz Has a PR Problem

(The Business Insider) The hedge fund industry would be more likable if only better PR teams managed their outreach, says an exec at one of the industry’s top funds. “Hedge funds should hire the same PR firm that private equity […]