Category Archives: Syndicated

Hedge Fund Results and Cryonic Debt

(Bloomberg) Barclays put out a big sad report about the hedge fund industry this week, and this may be the saddest chart: To read this article:

Bidder-Hedge Fund Axis Scores Again

(Bloomberg) Hedge funds have again forced a bidder to pay more in a takeover situation. This time the squeezed buyer is Steinhoff International and the target is U.K. discount retailer Poundland. To read this article:

Hedge Funds Face New Blow as $83 Billion Pension Cuts Them Out

(Bloomberg) Danish pension fund PFA says it has found a way to boost returns in a world of ultra-low yields: cut out middle men like hedge fund managers and do it yourself. “Part of our new strategy is to do […]

Hedge Fund Performance Rebounds In July – eVestment

(Opalesque) Last month, hedge fund investors pulled $20.7 billion from hedge funds, one of the largest drawdowns in years. But that may have been premature as hedge funds saw performance rebound in July, with aggregate performance hitting +1.89% in July […]

Hedge Funds Press Banco Popular for Puerto Rico Deposits

(Bloomberg) Hedge funds that own Puerto Rico bonds are putting pressure on Banco Popular over commonwealth funds deposited at the bank that they say should go to them. Lawyers representing the Ad Hoc Group of General-Obligation Bondholders sent a letter […]

Activist, Distressed Strategies Lead July Hedge Fund Gains

(Fin Alternatives) Last month’s $20.7 billion in hedge fund redemptions may have been premature given a broad rebound in performance in July, according to the latest edition of eVestment’s Hedge Fund Performance Report. To read this article:

SS&C GlobeOp Hedge Fund Performance Index: July performance 1.83%; Capital Movement Index: August net flows advance 0.69%

(Yahoo Finance) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2016 measured 1.83%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.69% in August. “SS&C GlobeOp’s Capital Movement Index rose […]

Steinhoff Raises Poundland Offer After Hedge Fund Increases Stake

(Reuters) South Africa’s Steinhoff has improved the terms of its agreed takeover of British discount retailer Poundland, saying its 610.4 million pound ($794.6 million) offer is final. The increased offer follows a recent move by U.S. hedge fund Elliott to […]

NY Judge Tosses Billionaire Bacon’s Defamation Case v Canada’s Nygard

(Reuters) A New York state judge on Wednesday threw out billionaire hedge fund manager Louis Bacon’s $100 million defamation lawsuit against Canadian fashion designer Peter Nygard, saying the case tied to their long-running feud over neighboring properties in the Bahamas […]

Hedge Funds in Singapore Beating Hong Kong Counterparts

(Bloomberg) Hedge funds in Singapore have posted better returns than their Hong Kong counterparts this year, breaking a multi-year trend, according to research by data provider Preqin. One reason for the disparity is the types of hedge fund strategies prevalent […]

Barclays Debunks the Prevailing Wisdom on Hedge Fund Returns

(Bloomberg) Barclays Plc just upended one of the most common narratives for why hedge funds are struggling to repeat the glory years: they found it’s not the number of funds that’s causing returns to languish. It’s their size. That calls […]

Hedge Funds All In on VIX Plunge as S&P 500 Hovers Near Record

(Bloomberg) Professional speculators are making record bets in volatility markets that U.S. stocks will keep rallying. Hedge funds and other big traders tracked by the Commodity Futures Trading Commission have pushed net short positions on CBOE Volatility Index futures to […]