Category Archives: Syndicated
Multi-manager hedge funds suffer losses in first-half 2016
(Reuters) It only took six months for some of the world’s most prominent team-based hedge funds to go from winners to losers. Blackstone Group’s Senfina Advisors, Citadel’s Global Equities Fund and the Visium Global Fund were among the so-called multi-manager […]
Equity Market Highs, Bond Yields at Record Lows. Who’s Right?
(Harvest) The difference there is we’re seeing a bond market that is predicting recession and the companies are actually saying things are not that bad. And I think that’s what the equity market is showing you right now. To read […]
Vanguard Fund Shuts Out New Money
(CNBC) At a time when dividends and buybacks are reaching a peak, signs the trend could be slowing. Vanguard is shutting new investors out of its $30 billion Dividend Growth mutual fund, which has seen $3 billion in cash inflows […]
Hedge-Fund Investors Dumping Lagging Funds
(Valuewalk) Fascinating development: Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half. To read this article click here:
Meyer’s Hedge Fund Assets Drop to $6 Billion as Returns Flag
(Bloomberg) Jack Meyer, the investor who built a multibillion hedge fund firm after more than quadrupling the size of Harvard University’s endowment, has seen assets erode to below the level he started with a decade ago following weak performance. Convexity […]
Einhorn’s Greenlight Fund Jumps 4.8% in July as Stocks Rally
(Bloomberg) The main fund at David Einhorn’s Greenlight Capital rose 4.8 percent in July as U.S. stock markets saw their strongest month since March. The gains boosted the hedge fund’s 2016 return to 5.7 percent, according to an e-mail sent […]
Visium Asset Management to Fire 24 Employees
(Bloomberg) Jacob Gottlieb’s Visium Asset Management plans to fire 24 employees in New York as the firm liquidates its hedge funds following charges against three former employees. The cuts are expected to start on Oct. 26 and continue for “a […]
Hedge Funds Betting Treasuries Rally Has Further to Run
(Bloomberg) Hedge funds and other large speculators set the biggest bet on benchmark Treasuries in more than three years, suggesting they’re confident a record-setting rally has further to run. Traders boosted their positions in 10-year futures to a net 185,521 […]
Fortress to Shut Centaurus Unit, Continuing Hedge Fund Reduction
(Reuters) Fortress Investment Group said on Thursday it plans to shut its Fortress Centaurus Global hedge funds, continuing the firm’s move away from hedge funds that invest in liquid, or easy to trade, assets such as stocks. The Centaurus funds, […]
Howard Marks Says Hedge Fund ‘Geniuses’ Spawned Too Many Firms
(Bloomberg)Investor appetite for hedge funds has waned after too many managers started such vehicles in the past decade, Oaktree Capital Group LLC’s Howard Marks said. “People have grown appropriately skeptical,” the billionaire investor, whose firm doesn’t manage hedge funds, said […]
Bill Gross Is Running His $1.5 Billion Mutual Fund by Himself — Again
(Bloomberg) Bill Gross is running his $1.5 billion Janus Global Unconstrained Bond Fund by himself — again. The legendary money manager is losing his No. 2, Kumar Palghat, who joined Gross as co-manager last July. Palghat will become co-manager of […]
Liquid Alternatives With Tom Florence of 361 Capital
(Daily Alts) Strategic Investor Radio Charley WrightIn this episode of Strategic Investor Radio, host Charley Wright interviews Tom Florence, president and CEO of 361 Capital. Mr. Florence began his career as an advisor with Merrill Lynch in 1985, before moving […]