Category Archives: Syndicated
Some of the Biggest Hedge Funds Are Bleeding Cash
(Bloomberg) Some of the biggest and best-known hedge funds can’t hang on to client capital…Richard Perry, who started his hedge fund 28 years ago, has seen assets in his Perry Capital shrink to $4 billion, from $10 billion last September. […]
Funds Cut Bearish Pound Positions Before BOE Rate Decision
(Bloomberg) The pound rose for the first time in four days as hedge funds and other large speculators cut their bets that the currency will fall for a second week before the Bank of England’s latest policy decision. That’s the […]
Family Of Trump’s Son-in-Law Linked to Hedge Fund Probe
(New York Post) The troubled New York hedge fund that is plaguing the city prison guards’ union has also ensnared the family of Donald Trump’s son-in-law Jared Kushner, The Post has learned. Hedge fund firm Platinum Partners, which is being […]
Gross: Pimco’s ‘Bad Faith Obstruction’ in Bonus Suit
(Bloomberg) Pimco co-founder Bill Gross says his former firm has grown so unreasonable after a falling out over an unpaid bonus that it’s trying to force his attorneys to defy the realities of global travel. Gross’s accusations of “bad faith […]
Hedge Funds Hike Bets on Ideas of Coffee, Hard Wheat Supply Squeezes
(Agrimoney.com) Hedge funds bet hard on stories of squeezes in higher quality wheat, and coffee, markets, even as they cut bullish positioning on agricultural commodities overall, to the weakest in nearly five months. Managed money, a proxy for speculators, reduced […]
Some of the Biggest Hedge Funds Are Bleeding Cash
(Bloomberg) Some of the biggest and best-known hedge funds can’t hang on to client capital. Richard Perry, who started his hedge fund 28 years ago, has seen assets in his Perry Capital shrink to $4 billion, from $10 billion last […]
Patriarch’s Tilton Sues SEC Again On Constitutionality of Administrative Law Cases
(Fin Alternatives) Embattled private equity maven Lynn Tilton and her firm, Patriarch Partners, have sued the U.S. Securities and Exchange Commission again to stop what she alleges are unfair and unconstitutional in-house enforcement proceedings against her and others. To read […]
Money market funds to reduce ABCP investments with new US and European regulation, says Moody’s
(Hedgeweek) The overall volumes that money market funds (MMFs) invest globally in asset-backed commercial paper (ABCP) will likely fall as the prime MMF industry shrinks, says Moody’s Investors Service.Nevertheless, ABCP will remain an important source of investment diversification for MMFs. […]
US options volume falls below 2015 as August languishes
(HedgeWeek) In July and August 2016, traders swapped 631.6 million total contracts, the lowest two-month total since August 2012.The S&P 500 Index fell 0.1 per cent in August, stalling at or around all-time highs as it closed within a 1.5 […]
Gross: Punish PIMCO For ‘Bad Faith’ Tactics
(Fin Alternatives) Famed bond investor Bill Gross said on Friday that PIMCO and its lawyers should be punished for unfairly impeding him from pursuing a $200 million lawsuit against the company, the latest salvo in a long-running saga involving the […]
Aberdeen Asset Management Appoints Two To Alternatives Team
(Fin Alternatives) Aberdeen Asset Management has strengthened its alternatives team by naming John Dickie as co-head of U.S. private equity while Whit Matthews was named a senior investment manager for the U.S. private equity team. To read this article:
Activist, Distressed Strategies Lead Returns For Second Straight Month
(Fin Alternatives)Discretionary strategies produced the best returns in the hedge fund space for the second consecutive month in August, according to eVestment’s latest Hedge Fund Performance Report. The company’s Hedge Fund Aggregate gained 0.18%, bringing overall YTD returns to +3.47%. […]