Category Archives: Syndicated

MassPRIM allocates $75m to new Davidson Kempner Special Opps fund

(Hedgefund Intelligence) The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has allocated $75 million to Davidson Kempner Capital Management’s Special Opportunities Fund III. The allocation, approved at the board’s meeting on 13 October, is not MassPRIM’s first with Davidson Kempner. […]

Event-Driven Hedge Funds Are The `Worst Disappointment,’ Says K2

(Bloomberg) Event-driven strategies have been the most disappointing performers this year, said Robert Christian, head of investment research at Franklin Resources Inc.’s K2 Advisors, after many hedge funds failed to profit from mergers and acquisitions despite a record year for […]

David Tepper’s Top Q3 Moves Include General Motors, Airlines And Alibaba

(Benzinga) 13F Friday is finally here, and therefore investors learn what the picks and pans were from institutional investors over the third quarter.On Friday, David Tepper’s Appaloosa Management LP disclosed its long equity stakes as of September 30, 2015. Over […]

Hedge Fund Investors Take Out Less Money In November

(Reuters) Investors took out less money from hedge funds month-on-month in November, data showed on Wednesday, as allocations steadied in the face of recent market volatility. The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions. […]

Hedge Funds See Positive Return in Oct.; Activist Strategies Up; EM, Asia Funds Strong

(Evestment.Com) The hedge fund industry produced a slightly positive aggregate return of 1.19% in October, according to eVestment’s just-released October 2015 Hedge Fund Performance Report. This positive result, coming near the end of a tumultuous year for hedge funds, brings […]

Hedge Fund Assets Rise, But Some Managers are Getting More

(Pension and Investments) Significantly more hedge fund managers — 70% — reported their assets managed worldwide grew in a year-to-year comparison than did hedge funds-of-funds managers, data from Pensions & Investments’annual survey showed. By contrast, only 55% of hedge funds-of-funds […]

Investors Flee Toshiba as Hopes Fade for Quick Scandal Closure

(Reuters) Investors Flee Toshiba as Hopes Fade for Quick Scandal Closure Reuters posted on Fri 13 Nov 2015 Permalink Investors dumped shares in Japan’s Toshiba Corp on Friday, as closure on the company’s $1.3 billion accounting scandal appeared further out […]

Hedge Funds Up Euro Shorts Ahead Of Possible Fed Hike

(Valuewalk) As St. Louis Fed President James Bullard, along with a chorus of Fed speakers, said it was time to raise interest rates that have been held at emergency levels as a result of the 2008 financial crisis, comes a […]

This Is Where Hedge Funds, Mutual Funds, and Sell-Side Analysts Agree Everyone loves big banks right now and hates energy companies.

(Bloomberg) Investors seeking (or trying to avoid) the wisdom of crowds need look no further than the latest from Credit Suisse. A team led by U.S. Equity Strategist Lori Calvasina analyzed the current recommendations of sell-side analysts plus the positioning […]

Hedge Fund Investors Take Out Less Money In November

(Reuters) Investors took out less money from hedge funds month-on-month in November, data showed on Wednesday, as allocations steadied in the face of recent market volatility. The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions […]

Asia Hedge Fund Started by Ex-Alibaba’s Wu Is Bearish on China

(Bloomberg) F&H Fund Management, the asset manager co-founded by the former chief technology officer of Alibaba Group Holding Ltd., is so bearish on stocks in China that it is opening its hedge fund to outside investors.The FengHe Asia Fund is […]

California Judge Rules Valeant And Ackman Must Face Insider Trading Suit

(Fox Business News) A California judge has declined a request from Valeant Pharmacueticals International Inc. and Bill Ackman to dismiss a lawsuit accusing them of insider trading in Allergan Inc. shares before they unveiled a $51 billion takeover bid for […]