Category Archives: Syndicated
We may be approaching the end, not the beginning, of a dark period for stocks’
(Business Insider) Eclectica Asset Management, the UK-based hedge fund founded by Hugh Hendry, faltered in August. Eclectica’s flagship fund fell 7.1% over the month, dragged down by its exposure to European equities. That drop left the fund up 2.7% for […]
Hedge fund exit requests rise in Sept
(Reuters) Investor requests to take cash out of hedge funds rose in September after a torrid August when the funds lost nearly 2 percent on average, data released on Monday. The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal […]
How Goldman Stepped in to Clinch the $6.5B Solera Deal
(New York Post) Goldman Sachs is getting creative when it comes to making debt-laden deals more regulator friendly. The Wall Street powerhouse, led by Lloyd Blankfein, is helping Vista Partners finance the $6.5 billion takeover of Solera Holdings, a software […]
EX-Hedge Fund Manager Turned Pharmaceutical CEO Charges $750 Today for Life-Saving Drug That Cost $13.50 Yesterday
(Dealbreaker.com) Once upon a time, Martin Shkreli was an investment professional who made a nice chunk of change by doing things like lobbying the Food and Drug Administration “not to approve certain drugs made by companies whose stock he was […]
Hedge Funds Burned By Fed To Set To Unwind Bearish Rate Bets
(Bloomberg) Hedge funds and other speculators were ready to profit last week if the Federal Reserve lifted interest rates. Their bets proved wrong-footed, leaving traders poised to reverse course, according to TD Securities. The net aggregate short position in all […]
Exclusive: Hedge fund Aurelius holds Ukraine debt, asking better terms – source
(Yahoo Finance) – A hedge fund that has for years used courts to secure better debt repayment terms from Argentina has accumulated Ukraine sovereign bonds and formed a group seeking improvements to a recent debt workout, a source with knowledge […]
Ray Dalio Is Worried About Next Downturn as Fed Prepares Move
(Bloomberg) — Ray Dalio, founder of $154 billion Bridgewater Associates, said he’s worried about the next economic slowdown because monetary policy will be less effective than in the past. “I don’t care whether they raise 25 basis points,” Dalio said […]
Women Led Investment Funds Continue to Outperform the Industry, But Struggle to Raise Capital: KPMG Report
(Yahoo Finance) — KPMG LLP, the U.S. audit, tax and advisory firm, today issued the 2015 Women in Alternative Investments Report: Breaking Away, The Path Forward for Women in Alternatives, which found that women-owned or managed funds are making little […]
Doubleline Capital to Offer Global Bond Fund
(Reuters) DoubleLine Capital, the investment firm overseen by Jeffrey Gundlach, on Wednesday filed a prospectus with U.S. securities regulators to offer a mutual fund that invests in bonds around the world.The DoubleLine Global Bond Fund, which Gundlach will manage, will […]
These Billionaire Hedge Fund Managers Are Betting Big Time That Apple Is Cheap
(Forbes) It’s not often that you get an opportunity to buy Apple stock, the world’s most widely held stock, at a discount. But given the broad market declines of the past month, Apple has given the world a nice dip […]
Hedge Fund Returning 107% Sees More China, Emerging-Market Pain
(Bloomberg) As hedge fund managers take a beating from the slowdown in China, Ray Bakhramov is flying high. Bakhramov, the chief investment officer of the $100 million Forum Asset Management, said he’s been betting on an emerging-market slump since 2012. […]
Aberdeen Asset Management to acquire investment manager Advance Emerging Capital
(Banking Business Review) Aberdeen Asset Management has reached an agreement to acquire 100% stake in British specialist investment manager Advance Emerging Capital (AEC) for an undisclosed amount.The acquisition is in line with Aberdeen’s strategy to bolster its alternatives capabilities to […]