Category Archives: Syndicated
Humbled hedge fund managers acquiesce to clients at Vegas confab
(Reuters) – Swaggering hedge fund managers, long known for ignoring client complaints during years of strong performance, are trying something new: listening. The shift was evident at the annual SkyBridge Alternatives Conference in Las Vegas last week, where a group […]
David Tepper’s Appaloosa bought and sold Valeant shares in first quarter
(REUTERS)David Tepper’s hedge-fund firm Appaloosa bought nearly 1 million shares in Valeant Pharmaceuticals International Inc in the first three months of 2016, according to regulatory filings, but sold them during the first quarter.Shares of Valeant jumped 2 percent after filings […]
Multialternative Funds: The Best and Worst of April
(Daily Alts) Multialternative Funds The Best and Worst of AprilMultialternative mutual funds and ETFs posted aggregate gains of 0.13% in April, underperforming the Morningstar Moderate Target Risk benchmark by 112 basis points for the month. Although the category’s gains were […]
Donald Trump’s money man schmoozes with billionaire donors
(Yahoo Finance) Former House Speaker John Boehner and a clutch of billionaires mingled in the green room backstage at the annual SALT conference in Las Vegas, but none of them was the main attraction. Instead, the man everybody wanted to […]
Hedging on the Case Against Hedge Funds
(Bloomberg) Opinions of hedge funds always seem to be unhedged and occasionally unhinged. In the distant past, opinions were too positive. The media focused on stories of outsized success. Big winners were lionized. Failures were castigated, but not allowed to […]
Hedge Funds See 2nd Consecutive Month of Positive Performance in April; Russia, Brazil Funds Shine
(Evestment) April saw a second consecutive month of positive aggregate hedge fund performance at +1.10%, bringing year-to-date returns to +0.83%, according to the just-released April 2016 eVestment Hedge Fund Performance Report. Two thirds of global funds reporting to eVestment saw […]
Hillary Clinton’s Son-In-Law Lost Big on His Greek Hedge Fund Bet
(Fortune) The son-in-law of presumptive Democratic presidential nominee Hillary Clinton is reportedly closing a hedge fund he started that bet on a Greek economic revival but lost around 90% of its value. Two sources told the New York Times that […]
Hedge Fund Managers Give Stock Picks in Vegas at SALT Conference
(Reuters) Hedge fund managers on Thursday named some of their recent investments, including a bet that shares of American Airlines Group would fall and shares of both Chinese Internet company Tencent and chipmaker Xilinx would rise, in addresses at one […]
Hedge-Fund Investors Called Commodities Markets’ Rebound
(Bloomberg) Hedge-fund investors rushed into commodities money pools in the first quarter and the bet’s paying off. They allocated about $4 billion to the strategy in the period, benefiting as the pools returned 6 percent in the first four months. […]
Hedge Funds Get the Nod in Risk-Factor-Based Investing, Citigroup Survey Finds
(Pension & Investments) A majority of investors prefer to use hedge funds for risk-factor-based investing, showed new data from a survey by Citigroup’s prime finance capital introduction unit. Fully 69% of survey respondents said they prefer to invest in risk-factor […]
Muddy Waters Bulks Up New Hedge Fund by Hiring Pimco’s Ing
(Bloomberg) Muddy Waters Capital LLC, the activist investor founded by short seller Carson Block, has hired Pimco’s Terrence L. Ing as its first head of credit, enabling it to target both listed and unlisted companies. Ing was a senior credit […]
Singer Says Gold Rally Just Beginning as Goldman Sees Losses
(Bloomberg) Billionaire hedge fund manager Paul Singer said that gold’s best quarter in 30 years is probably just the beginning of a rebound as global investors — including Stan Druckenmiller — weigh the ramifications of unprecedented monetary easing on inflation. […]