Category Archives: Syndicated
Hedge Fund That Beat 98% of Peers Says Buy in Vietnam, Not China
(Bloomberg) An Asian hedge fund that trounced peers by shorting China-related shares during a market rout last year is still bearish on Asia’s biggest economy, while seeing the region’s best opportunities in Vietnam and the Philippines.Deng Jiewen, who’s part of […]
The Lone Analyst Who Said Sell Valeant When Hedge Funds Piled In
(Bloomberg) In July 2014, Dimitry Khmelnitsky advised investors to sell Valeant Pharmaceuticals International Inc. and then watched the stock double in a year.“It was very painful,” Khmelnitsky, an analyst at Veritas Investment Research Corp., said in an telephone interview from […]
Republican Hedge Fund Billionaire Paul Singer to become Rubio’s Finance Chairman
(Mercopress.com) Paul Singer, the influential hedge fund billionaire from New York who endorsed Marco Rubio in October, is set to be named as his national finance chairman according to various US press reports. Singer is well known in Argentina for […]
No “Big Short” Yet for Hedge Funds on Brexit
(Reuters) Hedge funds…have yet to make major bets on Britain leaving the European Union because few expect it to happen and most doubt a big payout from market moves around the June vote. Asset managers and hedge fund desks at […]
Hedge Fund Tiger Global Lost 8.5 Percent in February
(Reuters) Hedge fund Tiger Global Management, known for making big bets on technology companies, lost 8.5 percent last month, leaving it down 22.5 percent for the year to date, a person familiar with the numbers said.The New York-based fund, which […]
Northern Trust Buys Hedge Fund Investor Aurora From Natixis
(Reuters) Northern Trust Corporation (NTRS.O) is beefing up its alternative assets business by buying hedge fund of funds manager Aurora Investment Management, the trust bank said.The deal will unite Chicago based Aurora, which had been owned by Natixis Global Asset […]
Hedge Funds Face Increased Trading Costs Under Final Swap Rules
(Hedge Fund Law Report) The new joint final rule adopted by the U.S. prudential regulators – establishing minimum initial and variation margin requirements for certain non-cleared swaps – likely means cost increases for hedge funds and other investment funds trading […]
Man Hires Ex-Millennium Trader to Help Build New Hedge-Fund Unit
(Bloomberg) Man Group Plc, the world’s largest publicly traded hedge fund firm, hired former Millennium Capital Management money manager Abhijeet Gaikwad as it seeks to build a new quantitative-investment unit.The firm started hiring for the Oxford, England-based “quantitative incubating” unit […]
Hedge Fund Launches in 2015 Dominated by Equity Strategies
(Pension & Investments) There were more new equity-oriented U.S. hedge funds launched in 2015 than in prior years, analysis by law firm Seward & Kissel showed.About 80% hedge funds launched in 2015 employed equity strategies, compared to 73% in 2014 […]
The Current Damage Globally w/ $7 Trillion in Negative Yielding Bonds
(Harvest)Hedgeye manages to spell out the current situation the most succinctly:”You don’t have $7T in negative yielding debt because everything is awesome”…My words: Kind of makes our 10YR Treasury at 1.6% now look pretty attractive doesn’t it? And Yet I […]
The Top Performing Hedge Funds of 2015
(Bloomberg) Hedge funds attracted a net $44 billion in assets globally last year, the smallest amount since 2012, according to data compiled by Hedge Fund Research Inc. That reflects a volatile year, when unanticipated economic events rattled markets and led […]
Hedge Fund Positioning Analysis Shows Big Yield Bets
(Valuewalk.com) Recent analysis on hedge fund positioning indicates that funds across most strategies are betting on 10-year Treasury yields. The only exception to this, according to Bank of America Merrill Lynch analysts, are funds with a short bias, merger arbitrage […]