Category Archives: Syndicated
Paris Eyes Luring 20,000 Bankers From London Amid Brexit Rupture
(Bloomberg) French lobby group sees banks ‘acccelerating’ their planning…Europlace will argue Paris has skills, markets to draw talent…Paris could lure as many as 20,000 workers from Britain’s finance industry with the exodus potentially starting within weeks as the U.K… To […]
Actively Managed Funds Take a Beating: The Year in Four Charts
(Bloomberg) How bad was 2016 for mutual fund stock pickers? Two records will be made this year. Active managers will have the worst year ever for redemptions, while passive funds will have the best for inflows. Here’s what went in […]
Oil Industry Rebounds For Hedgies Who Invested Last Year
(New York Post) Investing in anything relating to oil at the beginning of 2016 seemed like the surest way to lose your shirt.In fact, for some investors, it was. But for the hedge funds that made the right picks in […]
How Ireland’s Best Irish Fund Manager Dodged Brexit And Trump
(Financial Review) Britain’s decision to exit the European Union and Donald Trump’s election shocked the world. At the headquarters of Ireland’s best-performing fund manager, David Ryan shrugged and carried on as usual. Head of multi-asset funds at Dublin-based Setanta Asset […]
Hedge Funds Embrace Machine Learning, But Humans Are Still In Charge
(South China Morning Post) Machine learning has become the topic de jour for hedge funds, but while Tim Wong, chairman of Man AHL and Man Group Asia, says they have had some success using such techniques, he doesn’t expect to […]
Hedge Funds Bet the Commodity Revival Will Keep Going in 2017
(Bloomberg) Commodities had a resurgence in 2016, with the first annual advance since 2010. The gains will continue next year for many of the markets, at least that’s what hedge funds are signaling. Money managers boosted their combined net-long position, […]
Hedge Funds Bet Oil Rally to Extend Into 2017 as Output Cuts Hit
(Bloomberg) Investors are showing no sign of turning their backs on oil heading into 2017. Money managers’ wagers on rising West Texas Intermediate crude prices are triple what they were at the end of 2015, and are the highest since […]
Einhorn’s Greenlight Recoups 9.4% in 2016 as Stocks Rally
(Bloomberg) Greenlight Capital, the hedge fund led by David Einhorn, rose 1.6 percent in December, riding a year-end rally in U.S. stocks. The performance rounds out a gain of 9.4 percent in 2016 for the firm’s main hedge fund, which […]
Equity, Macro Hedge Funds Look to Bounce Back From a Tough Year
(Gulf News) For some equity funds and those betting on macroeconomic trends, which together make up a large chunk of the $3 trillion global hedge fund industry’s assets, 2016 has been another year to forget. Beset by investors pressing for […]
Thinking about Asset Allocation in 2017
(Harvest) My first job real job in the investment business was as a municipal credit analyst back in early 1990 for Clayton Brown & Associates, a small, regional broker-dealer here in Chicago, and Mr. Brown used to teach Bible study […]
Hedge fund managers are raging bulls on the rally
(CNBC) Hedge funds have jacked up their bets on the stock market to their highest levels of 2016 and cut back on short positions to a three-year low amid a blistering post-election rally. For the fourth quarter, the $3 trillion […]
2016 wasn’t the disaster for hedge funds everyone thought it was going to be
(Yahoo Finance) There was one trend that was constant among hedge funds this year — and that was to criticize them. There’s going to be a “washout in hedge funds,” hedge fund manager Daniel Loeb of Third Point LLC wrote […]