Category Archives: Syndicated
Hintze’s CQS Hedge Fund Said to Part With 12 Traders, Managers
(Bloomberg) Money managers Simon Finn and Amir Kooros are among at least 12 people who have left CQS Investment Management Ltd. as performance at some of its hedge funds whipsawed, according to two people familiar with the matter. Christopher Callan, […]
Brevan Howard Hedge Fund Said to Lose 2% in March, Erasing Gains
(Bloomberg) Brevan Howard Asset Management’s main hedge fund lost 2 percent in March, erasing earlier gains this year, according to two people with knowledge of the matter. The Brevan Howard Master Fund, which bets on economic trends, ended the first […]
Hedge Funds Seen Closer to $3.4 Billion German Property Sale
(Bloomberg) U.S. hedge funds may sell stakes in office landlord IVG Immobilien AG in the second half as a turnaround of the once-struggling German company nears completion, people with knowledge of the matter said. The funds are most likely to […]
Hedge Fund Tiger Global Down 21 Percent; Viking Off 8 Percent
(Reuters) Hedge fund Tiger Global Management, known for making big bets on technology companies, slipped modestly in March, leaving it down 21 percent for the first three months of the year, an investor in the fund said.The numbers put the […]
A Bumpy But Flat Market Year-to-Date
(Daily Alts) A Bumpy But Flat Market Year-to-Date. If one was fortunate enough to avoid the noise of the first three months of the year, one could point to a flat equity market for the year-to-date (YTD) with the 10-year […]
Reduced Management Fees and Narrower Liquidity Among Trends in New Hedge Funds
(Hedge Fund Law Report) Hedge fund managers must guard against insidious issues that can give rise to conflicts of interest or trigger anti-fraud violations, such as liquidity issues caused by a manager’s operation of multiple funds. See “Operational Conflicts Arising […]
The Optimal Allocation to Managed Futures
(Harvest) Perhaps more telling than the snapshot as of December, is the best allocation percentage according to the efficient frontier each year going back most of a decade. Last Fall, we geeked out on the question that we get asked […]
Two Hedge Fund Managers Debate With Research, Rather Than Obnoxious Voices
(Harvest) Kerrisdale Capital, who I’m sure many of you are familiar with, recently published a short thesis on SAGE to Harvest exchange. This is not uncommon as Kerrisdale often uses Harvest Exchange and other mediums to break a short idea. […]
Pine River Fixed Income Manager Steve Kuhn Leaving Hedge Fund
(Reuters) Steve Kuhn, one of the hedge fund industry’s most widely known fixed income traders, is leaving Pine River Capital Management only months after the fund he co-managed for eight years posted its first-ever loss.Pine River Capital Management wrote to […]
Deja Vu For Paulson as Allergan Loss Hurts U.S. Hedge Funds
(Reuters) For hedge fund titan John Paulson, history may be repeating itself.The billionaire investor lost an estimated $258 million on Tuesday when the share price of drug company Allergan Plc (AGN.N) tumbled nearly 15 percent on speculation new tax rules […]
Quantedge Hedge Fund Rebounds From 2015 Losses With 24% Surge
(Bloomberg) Quantedge Global Fund returned 24 percent this year through the end of March as most peers tumbled, helping it to rebound from last year’s loss.The Singapore-based fund, which uses quantitative models and invests globally, returned 12.2 percent in March […]
Ackman to Face Investor Grilling after Record Quarterly Loss
(Reuters) Billionaire investor William Ackman is set to face close questioning on Wednesday when he details his hedge fund’s biggest-ever quarterly loss and explains how he plans to handle the investment that led to the fall – Valeant Pharmaceuticals International. […]