Category Archives: Syndicated
These Funds Bucked Their Own Trend in August Selloff
(Wall Street Journal Interactive) Computer driven hedge funds have had a tough time over the past few months, but when the chips were down for global markets in late August, they came into their own. That’s according to J.P. Morgan, […]
China Is Falling Into A Vicious Circle As It Burns Through Cash Reserves
(Business Insider) China is spending billions propping up its struggling currency and as a result its foreign currency reserves fell by a record amount last month. China spent $93.9 billion in August, reducing its cash pile to $3.56 trillion. This […]
Hedge Fund Sector To Push Past $100 Billion in Australia
(Money Management) The Australian hedge fund sector will pass the $100 billion mark driven by Treasury reforms, financial innovation and growing demand according to the global hedge fund industry association. The Alternative Investment Management Association (AIMA) said the Australian hedge […]
Hedge Funds Extend Bearish Ag Spree To Longest In A Year
(Agrimoney.com) Hedge funds took their selldown in ags to the longest this year as they turned more bearish in particular on cotton and wheat, more than offsetting the impact of a short-covering wave in sugar. Managed money, a proxy for […]
Hedge Fund VIX Positions Double in Bet Stock Turbulence To Last
(Bloomberg) Now that turbulence has resurfaced in the stock market, the biggest traders are piling into bets that it’s going to last. Hedge funds and other large speculators just doubled wagers that U.S. equity volatility will increase, a week after […]
Hedge Fund Trims Investment-Grade ETF in Favor of Junk Fund
(ETFtrends.com) Tudor Investment Corp., the hedge fund run by Paul Tudor Jones, is not among the investors fearing high-yield corporate bonds. During the second quarter, Tudor Investment Corp. trimmed its stake in the iShares iBoxx $ Investment Grade Corporate Bond […]
Tax Regulators Attack Hedge Fund Manager Efforts To Disguise Management Fees
(Hedge Fund Law Report) Tax regulators in the United States and United Kingdom are attacking arrangements in which hedge fund managers and other private investment fund managers receive interests in funds in exchange for waiving management fees – or otherwise […]
China Shock Boon For This Hedge Fund That Bets on Volatility
(Bloomberg) 36 South Capital Advisors, a London-based volatility hedge fund, profited from China’s surprise devaluation when it triggered a global market rout that spurred losses in an index of its peers. Three of 36 South’s strategies, which bet on rising […]
Ackman’s Pershing Square Hedge Fund Drops 9.2 Percent in August
(Reuters) Hedge fund mogul William Ackman, one of last year’s best performers, joined a string of high profile managers in reporting deep losses for August as global markets tumbled amid fears over slower growth in China. Ackman’s Pershing Square Capital […]
Ainslie’s Maverick Capital hedge fund off in August, up for year
(Reuters) Lee Ainslie’s hedge fund Maverick Capital lost 1.2 percent last month, performing far better than the broader stock market and still boasting a double-digit gain for the year, an investor source said on Thursday.The $9 billion fund, which mainly […]
Fortress Hedge Fund President Departs Amid Macro Losses
(Bloomberg) Stu Bohart, who oversaw Fortress Investment Group LLC’s hedge fund unit, left the firm after five years.Bohart, the president of Fortress’s liquid markets business, left on Tuesday, said Gordon Runte, a spokesman for the New York-based firm. The departure, […]
Biogen Patent Survives Challenge By Hedge Fund Manager Bass
(Reuters) In another setback for prominent hedge fund manager Kyle Bass and his campaign to eliminate some drug patents, the U.S. Patent and Trademark Office on Wednesday declined to hold a trial on the validity of a patent on Biogen […]