Category Archives: Syndicated
eVestment: Hedge Fund Aggregate Gains +5.34% in 2016 Despite Redemption Pressures
(FinAlternatives) All the major hedge fund segments tracked by eVestment ended 2016 in positive territory, driving the firm’s aggregate hedge fund metric to its best return since 2013 despite pervasive investor dissatisfaction that culled some $83 billion in redemptions from […]
Citco Launches Automated ILPA Fee Reporting Solution
(FinAlternatives) Global alternative assets services provider Citco has debuted a new automated system that will assist its private equity firm clients with various ILPA fee reporting requirements. To read this article:
A Wall Street startup backed by George Soros and Peter Thiel is in talks to do a big deal
(The Business Insider) Two Wall Street trading startups are in talks to combine forces.Electronifie, a bond-trading platform led by former Goldman Sachs trader Amar Kuchinad, is in exclusive talks to be acquired by TruMid, another trading startup backed by George […]
Client Disappointment in Hedge Funds Continues into 2017
(Investopedia) Although hedge fund returns are actually looking up (at least in comparison with the most recent years), firms and their management are nonetheless facing a growing client revolt. According to reporting by Bloomberg, hedge fund managers have continued to […]
Did Investors Miss the Boat on Hedge Funds in 2016?
(Harvest) For 2016, the hedge fund industry returned +5.34%, according to the just-released eVestment December and Year-End 2016 Hedge Fund Performance Report. This is a significant rebound following a -0.72% aggregate return in 2015, which set the stage for investors […]
Long-Short Hedge Funds Are Ditching the Shorts to Focus on Longs
(Bloomberg) What happens when you take the “short” out of a long-short trading strategy? Some hedge funds are about to find out. Equity long-short fund managers, the biggest category in hedge funds, hold the fewest bearish stock bets on record, […]
Quant Fund dormouse Slips -2.94% in December; Gains 13.98% For 2016
(FinAlternatives) Dr. Martin Coward’s quantitative investment manager dormouse suffered a rare stumble in December, losing -2.94% as the broader CTA segment remained under pressure. To read this article:
SEC Partly Rules for ‘Big Short’ Adviser but Orders Bigger Payment
(Reuters) The U.S. Securities and Exchange Commission has partially overturned a ruling finding an investment adviser featured in the best-seller “The Big Short” liable in a case stemming from the 2008-09 financial crisis, but it increased how much he owes. […]
Credit Hedge Fund Shorting China Junk Bonds as Risks Mount
(Bloomberg) Double Haven Capital (Hong Kong), a credit hedge-fund firm that profited last year as most of the industry struggled to make money, is betting against Chinese high-yield bonds as many investors are seeing risks mount in this part of […]
Rokos Hedge Fund Said to Gain 20% in First Full Year of Trading
(Bloomberg) Chris Rokos’s hedge fund gained about 20 percent in 2016, its first full year of trading, to become one of the world’s best performing money pools betting on economic trends, according to people with knowledge of the matter. About […]
Distressed Debt Hedge Funds Were Best Performing Strategy For 2016
(Valuewalk) Hedge funds gained 1.01% during the month of December, with 2016 returns coming in at 4.48%. Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) gained 2.38% in December with its 2016 returns coming in at […]
Goldman Makes Play for Quant Funds in Electronic Trading Reboot
(Bloomberg) Goldman Sachs Group Inc., once a skeptic of speed for its own sake in equity markets, is doubling down on automated trading. Long a leading destination for hedge funds where humans pick what to trade, Goldman Sachs hasn’t fared […]