Category Archives: Syndicated
For Hedge Funds, a Can’t-Miss Trade Goes Bust
(Wall Street Journal Interactive) The trade that was supposed to carry the year is ruining it instead.Hedge-fund and private-equity managers over the past year began piling into debt issued by troubled energy companies, hoping to profit off a reversal of […]
Despite slump, some Chinese stock investors tiptoe back into market
(Reuters) – After months trying to convince investors to come back to China’s battered stock markets, there are signs authorities may be getting their wish as money starts flowing back in. China’s benchmark Shanghai stock index (.SSEC) is still a […]
Goldman Fund Manager Bets on Pound as Market Too Dovish on Rates
(Bloomberg) The pound has fallen 3 percent from this year’s high versus the greenback as markets have pushed back estimates for when the central bank will act until beyond December 2016. Goldman Sachs Asset Management predicts policy makers will move […]
Hedge Fund Manager Deimos Hires Charles Slotnik as Portfolio Manager
(Reuters) Deimos Asset Management LLC hired Charles Slotnik, who becomes the third portfolio manager to join the hedge fund manager since July.Slotnik was appointed as managing director and portfolio manager, with a focus on investments in event arbitrage.Slotnik has 20 […]
Hedge Funds Turn Bullish on Treasuries as Yield Hovers Near 2%
(Bloomberg) Investors have swung back to bets that Treasuries will strengthen, as the yield on benchmark 10-year notes hovers near 2 percent.Hedge funds and other large speculators held a net 17,692 bullish positions in U.S. government bonds in the week […]
Hedge Fund Saba Capital Calls Redemption Lawsuit A Malicious Attack, Denies Impropriety
(Forbes) Boaz Weinstein of Saba Capital is contesting a lawsuit filed by a Canadian pension fund that alleged the hedge fund mis-marked bond positions during a $500 million redemption process, causing its investment to fall in value. Saba Capital on […]
Hedge Funds Bullish on Russia’s Ruble for First Time Since July
(Bloomberg) Hedge funds have started betting the Russian ruble will strengthen, turning bullish for the first time since July after the currency jumped the most in emerging markets in the last two months amid signs a rout in oil, the […]
Paulson Hedge Funds Said to Drop in September as Stocks Fell
(Bloomberg) So much for a rebound at billionaire John Paulson’s hedge fund firm. Paulson & Co.’s main merger fund, the firm’s largest strategy, fell 6 percent in September, cutting its 2015 gain to 0.6 percent, said a person briefed on […]
As Some Hedge Funds Sink, the Challenge Buoys Others
(New York Times) It has been a bad stretch for hedge funds that make bold bets on big economic trends. Two prominent multibillion-dollar macro hedge funds have shut down in the last week after double-digit losses. Stories from Our Advertisers. […]
UBS Sees Sovereign Assets Shrinking by $1.2 Trillion
(Bloomberg) Central bank and sovereign wealth fund assets will shrink by $1.2 trillion, or almost 7 percent, by the end of the year as China and petrostates including Russia and Saudi Arabia dip into their savings amid slower growth and […]
Man Group Boosted by Net Inflows After Volatile Quarter
(Reuters) British hedge fund manager Man Group recorded net inflows for the first time this year during the third quarter even as the value of its assets fell.Fund managers have been hard hit in the quarter as concerns about global […]
Why This Hedge-Fund Manager Is Shutting Down
(Kiplinger) After 15 years of managing money, I recently decided to close my hedge fund and exit the business. Though I have continued to do better than the stock market on a long-term basis, my performance has faltered badly over […]