Category Archives: Syndicated
Good News for Hedge Funds, Which Outpaced Stocks in October
(Investopedia) According to a Morgan Stanley Prime Brokerage Global Hedge Performance report revealed this week, hedge funds managed to outperform the stock market on average across the industry in recent weeks. This news comes as a glimmer of optimism….However, while […]
Hedge Funds Sense Weakness in Alibaba
(Bloomberg) Alibaba sentiment has never been this high. Since listing in the U.S. more than two years ago, hedge funds are more confident than ever in their assessment of the Chinese e-commerce giant.But it’s not the stock price that’s up, […]
Blackstone to buy TeamHealth in $6.1 billion deal
(CNBC) TeamHealth said on Monday it agreed to be bought by private equity firm Blackstone in a deal valued at about $6.1 billion. TeamHealth, a U.S. hospital staffing provider, has been the target of activist funds including Jana Partners. Blackstone […]
How a Smooth Talker Convinced Bankers to Invest $32 Million, Then Vanished
(Bloomberg) Inside Hong Kong’s posh American Club, few worked a room quite like Avery Stone. Over steak dinners and cigars, Stone charmed a Who’s Who of financiers into investing millions in his fledgling business. Then, earlier this year, everything unraveled–and […]
Asset Managers Bleed $50 Billion as Industry Crisis Deepens
(Bloomberg) The business of picking stocks and bonds for clients is getting smaller by the day. Seven top asset managers this week reported a total of $50 billion in third-quarter net redemptions, most of it from active funds, company filings […]
The U.S. Stock Market Isn’t Going Clinton’s Way
(Bloomberg) Market correctly signals outcome 86 percent of time since 1928. Few institutions have a better track record calling presidential races than the U.S. stock market. At the moment, it’s sending information that counts against Democrat Hillary Clinton…. To read […]
The Decline of Hedge Fund Returns
(Harvest) In September of this year, a curious story started making the rounds on my Facebook feed. It seems that the CDC had underestimated the rate of cat scratch disease among the general population, determining that it was both more […]
Blackstone’s GSO Raises $6.5B for Mammoth Third Mezzanine Fund
(FinAlternatives) GSO Capital Partners, the credit division of alternative asset giant Blackstone, has raised $6.5 billion for its third mezzanine fund, making it one of the largest vehicles of its kind. To read this article:
Hedge Fund Manager Odey Says U.K. Stocks Could Plummet 80%
(Bloomberg) Crispin Odey, whose main hedge fund has lost about 43 percent this year, says U.K. stocks could slump 80 percent as the economy is roiled by a recession and higher inflation following the vote to leave the European Union. […]
Should Public Pension Funds Reduce their Hedge Fund Allocations?
(Valuewalk) CalPERS was the first high profile public pension to pull out of hedge funds, and was followed a year and a half later by one of the New York City retirement plans. Recently, the number of public pension funds […]
Support For Shareholder Activism on the Rise Among Investors
(FinAlternatives) A new survey by law firm Schulte Roth & Zabel shows that a wide range of corporate stakeholders, including institutional investors, boards and management teams, is increasingly accepting the activist efforts of alternative fund managers. To read this article:
Hedge Fund Viking Got Boost From European Stocks in Third Quarter
(Reuters) A bigger bet on European stocks in the last quarter helped U.S. hedge fund Viking Global Investors improve returns after a difficult start to the year.”Notably, both net and gross exposure to European companies increased by 11 percentage points […]