Category Archives: Syndicated

BlackRock Urges ‘Great Migration’ to EM Debt

(Bloomberg) Sergio Trigo Paz, head of emerging markets debt at BlackRock, talks about investors’ migration into emerging market debt and a second phase in the EM rally coming in September. He speaks with Bloomberg’s Mark Barton on “Bloomberg Markets. To […]

Hedge Funds Have Quiet August, Says GAM

(Hedgeweek) Hedge funds generated small, positive returns, with the HFRX Global Hedge Fund index gaining 0.2 per cent for the month. GAM portfolio manager Anthony Lawler, says: “The headline hedge fund index eked out a small gain and continues its […]

Hedge Funds Slash Bullish Gold Price Bets Again

(Mining.com) On Monday gold continued to build on its gains on Friday in response to a worse than expected US jobs report and a weaker dollar.In thin holiday trade, gold futures trading on the Comex market in New York for […]

JANA, Pershing Square, Citadel Up in August; Greenlight dips 0.3%

(Fin Alternatives) Four well-known hedge funds – Bill Ackman’s Pershing Square, Barry Rosenstein’s JANA Partners, David Einhorn’s Greenlight Capital, and Ken Griffin’s Citadel – have flashed preliminary results for August. To read this article:

Emerging Market Inflows Crest $20B For Third Consecutive Month

(Fin Alternatives) Inflows to emerging markets dipped in August to just under $25 billion, according to the Institute of International Finance. The tally is down from nearly $30 billion in July but still the third consecutive month in which inflows […]

Preqin: Wide Return Dispersion Behind 12-Month Hedge Fund Performance Numbers

(Fin Alternatives) Underwhelming headline numbers in the past two years masks a wide dispersion of returns within the hedge fund industry, according to Preqin’s 2016 Alternative Assets Performance Monitor. To read this article:

Hedge Funds’ Currency Trading Plunges 29 Percent in Spot Market

(Bloomberg) Hedge funds and proprietary traders reduced currency trading in the spot market by 29 percent during the past three years, according to the Bank for International Settlements. The traders acted as counterparties for an average $200 billion a day […]

U.S. Hedge Fund TPG-Axon to Shut Its Two Asian Offices

(Reuters) TPG-Axon Capital Management is shutting its office in Hong Kong, where it employs 10 people, and ending its presence in Tokyo in the coming months, according to a letter sent to investors that was seen by Reuters and a […]

Ackman’s Pershing Square Holdings Gains 5.8 Percent in August

(Reuters) Billionaire investor William Ackman’s portfolios climbed nearly 6 percent in August, boosted by strong gains at drug company Valeant Pharmaceuticals International Inc where changes that the hedge fund manager has helped push for appear to be instilling new confidence. […]

Cash Is This Hedge Fund’s Refuge With Whole World in Wrong Place

(Bloomberg) Holding cash is the best protection against bond and stock markets inflated by record monetary stimulus. That’s the view of Norwegian hedge fund firm Sector Asset Management, which manages $1.6 billion, and holds as much as 50 percent in […]

Man Group Names Mark Jones CFO as Sorrell Steps Down From Role

(Bloomberg) Man Group Plc, the world’s largest publicly traded hedge-fund firm, said it will appoint Mark Jones as chief financial officer after Jonathan Sorrell steps down from the role. Sorrell will keep his role as president of Man Group and […]

The World’s Biggest Hedge Fund Expects a Big Bust in China

(The Business Insider) The world’s biggest hedge fund firm thinks that China is preparing for a bust. Ray Dalio’s Bridgewater says that China has experienced an “unsustainable buildup of credit,” which is “typical of debt boom and busts,” according to […]