Category Archives: Syndicated
Hedge Fund Assets Up $11.2bn In November
(Hedgeweek) Total hedge fund assets rose USD11.2 billion in November 2015, an increase of 0.36 per cent. Investors flows were very slightly positive during the month with an estimated USD3.2 billion added in November, according to eVestments latest hedge fund […]
Big Losers Mask Net Gains In Hedge Fund Assets
(Reuters) Pension funds,endowments, wealthy individuals and other investors are not giving up, and instead are looking for funds that will provide better returns, or help cushion their portfolios from losses. Unsurprisingly, fund managers that have performed well this year,including Millennium […]
Hedge-Fund Casualties Jump To 257 In Third Quarter Amid Rout
(Gulf-times.com) Hedge fund closures surged in the three months to the end of September as money managers reeled from declines in commodity and equity markets, while high-yield credit spreads widened. The number of funds liquidated climbed to 257, up from […]
Inside The Billion-dollar Battle For Puerto Rico’s Future
(New York Times) The money poured in by the millions, then by the hundreds of millions, and finally by the billions. Over weak coffee in a conference room in Midtown Manhattan last year, a half-dozen Puerto Rican officials exhaled: Their […]
Hedge Funds Cut Bets For Third Week That Dollar Will Strengthen
(Bloomberg) Hedge funds reduced bets for a third week that the dollar will advance in the last positioning data before the Federal Reserve ended months of uncertainty by raising interest rates for the first time in almost a decade. A […]
Short Sellers Get Their Revenge On Martin Shkreli
(New York Post) Even a notoriously forgiving Wall Street won’t touch Martin Shkreli with a 10-foot poll. A company controlled by Shkreli — the notorious pharmaceutical chief executive arrested by the FBI Thursday for allegedly running a “Ponzi-like” stock scheme […]
A Lot Of People Are Going To Get A Lot Rich(er) At This Tiny Wall Street Firm
(The Business Insider) It has been an incredible year for Centerview Partners, the New York-based boutique advisory firm led by Blair Effron. The firm has landed roles on some of the biggest deals of the year, working on the Pfizer-Allergan […]
Guernsey – Demonstrating Clear Value For Fund Managers
(Hedgeweek)Guernsey’s funds industry is demonstrating clear value to fund managers and is increasingly being viewed as a world-leading jurisdiction in which to establish investment funds; in particular hedge funds and private equity funds.A report authored by KPMG and commissioned by […]
BlackRock’s $32 Billion Hedge-Fund Business Has A Little Problem
(Bloomberg) Yes, he runs the biggest asset management firm the world has ever seen. But right now, Laurence D. Fink has a little hedge-fund problem. Fink’s BlackRock Inc., the $4.5 trillion behemoth known for its mutual funds and ETFs, threw […]
Fed Raises Interest Rates, Citing Ongoing U.S. Recovery
(Reuters)The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank’s policy-setting committee raised the […]
Former U.S. Hedge Fund Managers Sentenced To 45 Months In Prison For Fraud
(Reuters) Two former hedge fund managers were sentenced to 45 months in prison, for misleading investors into investing more than $500 million in their fraudulent hedge fund business, said the U.S. Attorney’s Office on Wednesday. Gabriel Bitran, 70, a former […]
Goldman Sachs Teams Up With HazelTree To Attract Hedge Fund Cash
(Bloomberg) Goldman Sachs Group Inc. has created a partnership to provide cash management services for money managers who may no longer be able to keep their cash at large banks.Goldman Sachs Asset Management said in a press release Wednesday that […]