Category Archives: Syndicated

Bill Ackman says short-term money driving market volatility

(Reuters)- William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Tuesday that financial market volatility was being driven by short-term money without regard to long-term economic fundamentals and that Valeant Pharmaceuticals International Inc was the most […]

Hedge Fund Run by Zimmer Faces its First Annual Loss

(Bloomberg) Two hedge funds run by $1.7 billion energy-focused Zimmer Partners posted declines in September, leaving the largest pool at risk of recording its first annual drop. The $1.2 billion ZP Utility Fund, which makes long and short bets on […]

MeehanCombs Hedge Fund to Shut Down After Losing on Europe Bets

(Bloomberg) MeehanCombs LP, a Stamford, Connecticut-based firm focusing on stressed and distressed credits in the U.S. and Europe, saw assets under management decline by about one-third from a peak of $300 million last year, President Eli Combs said Monday in […]

Hedge Funds Make Positive Shift in Ag Bets, Led by Sugar

(Agrimoney.com) Hedge funds undertook a sharp wave of short-covering as pessimism over agricultural commodity prices waned, particularly in sugar, in which they turned more positive on prospects at the fastest pace in 15 months. Managed money, a proxy for speculators, […]

Goldman, Morgan Stanley win back hedge fund trading business

(Reuters)- Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses. […]

Fortress Says Emerging Markets Bear Slump to Rival 1997

(Bloomberg) Fortress Investment Group LLC told investors that the emerging markets are at a beginning of a bear market that could rival the Asian financial crisis of 1997.The sell-off in emerging markets, which began in June, has led to a […]

Hedge Fund Armored Wolf Shuts Down To Become a Family Office

(CNBC) Armored Wolf, the global macro hedge fund run by former Pimco Managing Director John Brynjolfsson, will be shuttering in the coming months and will become a small family office, Brynjolfsson said on Monday. Armored Wolf, based in Irvine, California, […]

Odey Leads Hedge Funds Betting Against Anglo American Shares

(Bloomberg) Glencore Plc isn’t the only mining company attracting attention from short-sellers during the commodities rout. A trio of hedge funds led by Odey Asset Management are betting rival Anglo American Plc’s shares will fall.London-based Odey holds the biggest bet […]

Hedge Funds AUM Decreased 2.50% In August 2015

(Valuewalk.com) Total hedge fund assets decreased 2.50% in August 2015, bringing the industry’s total assets under management to $3.053 trillion. Investors added an estimated $10.5 billion into the industry in August, while performance decreased AUM by an estimated $78.4 billion. […]

South Africa Hedge Fund Managers Beat Benchmark Equity Index

(Bloomberg) South Africa hedge fund managers betting on equities posted returns more than three times higher than the nation’s benchmark stock index in the year to the end of June, according to an annual survey by Novare Investments Pty Ltd. […]

A Better Measure: Using Active Share and Tracking Error Together

(Daily Alts) There are two things investment managers need to have in order to consistently generate alpha: The first is skill, and the second is active exposures. And while the former is harder to come by than the latter, it’s […]

A Hedge Fund Strategy That Seems To Have Fizzled

(Financial Times)The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals […]