Category Archives: Syndicated
Credit Suisse Said Raising $2 Billion for Hedge Fund Stakes
(Bloomberg) Credit Suisse Group AG is courting investors to raise as much as $2 billion for a fund that will buy stakes in hedge-fund firms, according to two people with knowledge of the matter. The Zurich-based bank’s Anteil Capital Partners […]
Senfina PM Cueto Said to be Planning New Hedge Fund
(FinAlternatives) A portfolio manager on Blackstone’s Senfina Advisors platform is reportedly prepping a new independent hedge fund that will start in the first half of next year. To read this article:
HFR: Performance Dispersion, Quant Demand Driving Compensation Shifts
(FinAlternatives) Wide dispersion in fund performance this year will translate to similarly large differences in the bonuses paid to hedge fund managers, according to a study of proprietary compensation and performance data from CompIQ and Hedge Fund Research as part […]
Investors to Trump: An even keel is your best course
(Reuters) Some top U.S. investors have some fast advice for President-elect Donald Trump: Be nice, be presidential, and give up Twitter. That is a quick taste of the answers to the following question posed to each of the attendees of […]
GoldenTree’s Tananbaum bullish on Puerto Rico bonds into 2017
(Reuters) Steven Tananbaum, chief investment officer and founding partner of roughly $24 billion asset manager GoldenTree Asset Management, says he was bullish on Puerto Rico general obligation (GO) and COFINA bonds, as well as Brazil and Argentina’s debt. Tananbaum said […]
SS&C GlobeOp: Forward Redemption Indicator Rises to 4.25%
(FinAlternatives) Despite persistently negative sentiment about the hedge fund industry in general, investor redemptions remained relatively constant in November and were actually down year-over-year, according to the latest reading of SS&C GlobeOp’s Forward Redemption Indicator. To read this article:
BlackRock’s Rieder not backing down from emerging market bet
(Reuters) Top BlackRock Inc (BLK.N) bond investor Rick Rieder said earlier this week tht he was not ready to completely back down from his bet on emerging markets despite a recent rout. “We think emerging markets is going to represent […]
Hedge Fund Assets Grow Despite Investor Redemptions
(Opalesque) Preqin’s latest on asset flows in the hedge fund industry finds that across the first three quarters of 2016 assets held by hedge fund managers increased by 2.9%, taking total industry AUM to $3.24tn. Across most strategies, strong returns […]
Pay Disparity at Hedge Funds Increases
(Opalesque) Throughout 2016, media coverage of declining compensation and personnel reductions at hedge funds has been overblown. This year, the widening YTD performance gap will translate to large increases in bonuses for top-performing funds and decreases in bonuses for bottom-performing […]
The Single Greatest Predictor of Future Stock Market Returns
(Harvest) In the short term, there is no absolutely reliable indicator of future stock market performance. However, when looking at the longer term, one variable stands out among them all. To read this article:
Big banks may not profit from Trump as much as markets think: UBS’s Fitzpatrick
(Reuters) The stock rally in financial stocks since the U.S. presidential election may slow down if the new administration fails to cut red tape for big banks, a top UBS Group AG (UBSG.S) asset management executive said on Thursday at […]
Once terrified, hedge fund managers warm to Trump
(Reuters) Hedge fund managers were largely united in their dislike for Donald Trump before the election. Now they are optimistic that he can use his pro-growth policies to improve the economy – and their portfolios. “Investors … were over-weighing the […]