Category Archives: Syndicated
Ex-Fortress Exec Targets $500 Million for New Debt, Equity Fund
(Reuters) Maggie Arvedlund, a former Fortress Investment Group hedge fund portfolio manager and managing director, plans to start her own firm, four people familiar with the situation told Reuters. Arvedlund, who for nine years helped to run the Fortress Partners […]
Hedge Fund of Funds Aurora to Close, Return Capital to Investors
(Finalternatives.com) Hedge fund of funds company Aurora Investment Management will liquidate and return investor capital after a deal with a unit of Northern Trust to buy the firm fell through. Northern Trusts’s hedge funds-of-funds manager 50 South Capital Advisors had […]
Highland Liquidates Trio of Hedge Fund Beta ETFs
(Daily Alts) Highland Liquidates Trio of Hedge Fund Beta ETFsWhen Highland Capital Management launched a trio of “hedge fund beta” ETFs in May 2015, the three funds were supposed to be the first in a series that would include 14 […]
Brevan Howard Said to Get $1.4 Billion Redemption Requests
(Bloomberg) Investors in Brevan Howard Asset Management have asked to pull about $1.4 billion from the firm’s main hedge fund, according to two people with knowledge of the matter, as investors flee the industry at the fastest pace since the […]
Asia Hedge Fund Outflows Highest in Seven Years, eVestment Says
(Bloomberg) Investors pulled $2.9 billion from Asia-based hedge funds in the first quarter, the highest outflows in seven years, according to data from eVestment. March redemptions from managers in the region approached $2 billion, according to an e-mailed statement from […]
Jack Bogle: Here’s why Buffett will win his $1 million bet against a hedge fund manager
(Yahoo Finance) Not since the fictitious Duke Brothers of the movie Trading Places has a bet captured the imagination of investors like the one between Warren Buffett and hedge fund manager Ted Seides. But unlike the $1 wager between Mortimer […]
Hedge Funds Might Not Get a Windfall From Puerto Rico
(The Business Insider) Hedge funds are trying to halt a House bill that would create a mechanism for restructuring Puerto Rico’s massive $70 billion debt. Those funds may be in for a surprise: If they kill the measure and then […]
Haruhiko Kuroda’s Embattled Hedge Fund
(Barron’s) Moments before Tokyo trading opened yesterday, the Zero Hedge blog fired out a tweet that said it all: “Only 20 minutes until Japan pretends it has a market.” Since April 2013, the Bank of Japan has steadily morphed into […]
The Hedge Fund Manager Betting Soros Is Wrong About China
(Bloomberg) Bob Bishop, who once ran investments for billionaire George Soros, is betting his former boss is wrong about China. The world’s second-biggest economy has had its hard landing and is on its way up, according to Bishop. Rising infrastructure […]
Calamos Launches Single Manager Global Long/Short Fund
(Daily Alts) Calamos Launches Single Manager Global Long-Short FundWhile not new to the liquid alternatives market, Calamos is in the market with a new long/short fund that is an outgrowth of its September 2015 acquisition of Phineus Partners, a San […]
Commodity Hedge Funds Are Hot Again
(Wall Street Journal Interactive) The market investors couldn’t wait to get out of a year ago is the one they’re rushing into in 2016. Commodity hedge funds netted more investor cash in the first quarter than any other type of […]
How the Day of the Week Affects Stock Market Anomalies
(Harvest) This paper documents a new empirical fact. Long-short anomaly returns are strongly related to the day of the week. Anomalies for which the speculative leg is the short (long) leg experience the highest (lowest) strategy returns on Monday. The […]