Category Archives: Syndicated
Brazil Hedge Fund Verde Gains in May on Global Equity Rally
(Reuters) Verde Asset Management SA, Brazil’s largest hedge fund, had a second straight month of gains in May as a global equity market rally helped offset declines in holdings of the Brazilian real and other currencies. In a letter to […]
Citadel’s Nazarali Says Image of Rigged Markets ‘Unfortunate’
(Bloomberg) U.S. stock trading is faster, cheaper and more efficient than ever before, and the perception that the market is rigged is “unfortunate,” said Jamil Nazarali, head of execution services at Citadel Securities. “There is this narrative that exists which […]
Hedge Fund Starts Testing Swedish Central Bank’s Krona Resolve
(Bloomberg) Hedge fund Ambrosia is betting the Swedish central bank will let its guard down on the krona after turning the corner in its battle to revive inflation. As inflation expectations also head up, policy makers will be able to […]
And With That Jobs Data Point, the Fed Has Gone Surfing…
(Daily Alts) Cancel the June Fed meeting and good luck getting the FOMC out of their board shorts and bikinis long enough for a July meeting. While one data point should never be enough to influence change, the five sigma […]
Activist Hedge Fund TCI Builds Yahoo Stake
(Yahoo Finance) One of Europe’s most aggressive activist hedge funds is building a stake in Yahoo! as the digital portal proceeds with a multibillion dollar auction of its core internet business. Sky News has learnt that The Children’s Investment Fund […]
Hedge Funds’ Fast Money Not Welcome as Iceland Bolsters Defenses
(Bloomberg) Iceland has gone its own way since its three largest lenders collapsed in 2008 under a mountain of debt almost eight times the size of its economy. The steps included capital controls that locked in hedge funds, mortgage writedowns […]
How to Make 23% Betting Hedge Funds Are Wrong on Chinese Stocks
(Bloomberg) Wagers against Chinese stocks have become so popular that banks are offering returns exceeding 20 percent to anyone prepared to take the other side. The potential payouts, from firms including BNP Paribas SA and JPMorgan Chase & Co., come […]
Activists Boost Innovation as Well as Share Prices
(Reuters) It looks as if hedge fund activists engineer not just a short-term pop in target firms’ stock prices but also long-term improvements in innovation. While studies have shown that news of an activist position in a stock leads to […]
G-7 Warns About Unsustainable Debt
(Harvest) Central banks’ monetary policies – zero or negative interest rates and bond purchases – are losing their effectiveness. Earlier this year, the G-20 country leaders stated that “monetary policy alone cannot lead to balanced growth” and advocated that governments […]
Investors Rush To Commodities Hedge Funds
(Valuewalk) The hedge fund industry just can’t seem to catch a break this year….However, there’s one section of the hedge fund world that seems to be doing better than others. After years of haemorrhaging clients and cash, commodities hedge funds […]
Gundlach’s Doubleline Reaches $100 Billion in Assets Under Management
(Reuters) Jeffrey Gundlach’s DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday. DoubleLine, founded in December 2009 and considered one of the fastest-growing asset managers in the United States, benefited from […]
Hedge Fund Marcato’s Main Fund up 1.2 Pct, Encore Fund up 4 Pct in May
(Reuters) Activist hedge fund Marcato Capital Management’s main portfolio climbed 1.2 percent in May as some of its biggest investments, Bank of New York Mellon and Sotheby’s, performed better. The May returns helped shrink the fund’s year-to-date decline to 8.7 […]