Category Archives: Syndicated

SEC Charges Fund Executives in Alleged Ponzi Scheme

(Valuewalk.com) Alleged Oregon Ponzi scheme broken up: After raising more than $350 million from over 1,500 investors, promising rates of return from 8.5% to 10%, hedge fund CEO Robert J. Jesenik and executive vice president Brian A. Oliver enjoyed life […]

Fund Pain Brings Loss Worse Than ’08 in Crowded Stocks

(Bloomberg) It’s well known that stocks with the most hedge funds ownership have been doing badly in the U.S. How badly might surprise you. While volatility has seeped into every corner of the market over the last year, no group […]

Top European Pension Opts for Roads as Hedge Funds Left Behind

(Bloomberg) PGGM NV plans to expand infrastructure assets by about 3 billion euros ($3.3 billion) by the end of next year as the investor for Europe’s second-largest pension fund seeks more stable and higher returns to help better meet funding […]

After $600 Million Typo, Valeant CEO Is Back on the Hot Seat

(Bloomberg) Michael Pearson and his company, Valeant Pharmaceuticals International Inc., were supposed to calm Wall Street doubters on Tuesday. Instead: chaos. What began before dawn with disappointing financial news quickly snowballed into the worst day in the drug company’s history, […]

Asia Hedge Funds Had Worst-Ever Start to Year

(Bloomberg) Hedge funds in Asia, which beat counterparts in the U.S. and Europe in 2015, are off to their worst annual start on record this year, as the region’s stock markets have plunged amid a dimming outlook for growth. Asia […]

Hedge Funds Step up Bets on Commodity Market Revival

(Reuters) After deserting commodities markets during last year’s slide, some hedge funds are starting to move back in, betting a recent pick-up in energy prices could signal a turning point.A handful of managers are weighing up new specialist hedge funds, […]

Insider Trading Suspect Says He’s Worth Over $100 Million

(Bloomberg) A little-known British day trader caught up in a high-profile insider-trading case said he has assets worth at least $100 million from a venture-capital business he owned. Ben Anderson told a London court that he had a stake worth […]

Investors Add to Hedge Fund Bets Amid Market Volatility

(Reuters) Investors pumped more money into hedge funds in March in seeking to shelter from the continued market volatility, data from hedge fund administrator SS&C GlobeOp showed.The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions […]

Aussie Rally Defies China Data As Hedge Funds Raise Bullish Bets

(Bloomberg) Australia’s dollar advanced to an eight-month high versus the greenback as a rally in global equities emboldened investment in higher-yielding assets.The Aussie rebounded after earlier declining on new signs of a slowdown in China, the South Pacific nation’s largest […]

China Burns Hedge Funds as $562 Million Yuan Bet Turns Worthless

(Harvest) Yuan trade became crowded in short term. Mandarins took the upper hand. Ackman and others burned. Crescat pivoted towards yuan proxies to deliver strong February performance. Crescat’s big picture yuan bear thesis still alive and well. To read this […]

Alpha is Not a Risk Management Technique

(Harvest) Investors often focus their analysis on benefits. In the finance industry, we’ve distilled this down to a single metric: alpha.Benefits and risk require separate analysis. Increasing benefits does not necessarily reduce risk or even leave it unchanged. In practice, […]

Top Hedge Fund Shorts Squeezed Like A Lemon In February

(Valuewalk.com) The biggest hedge fund shorts during February struck a sour note with portfolio managers as many found themselves squeezed right out of some of their top short positions. In fact, the fourth quarter 13F filings with the Securities and […]