Category Archives: Syndicated
Hedge funds raise odds on gold rally in weeks
BusinessDay – Hedge funds have raised bets on a gold rally within three weeks as central banks signal no end to economic stimulus, driving prices higher just as analysts and traders have turned the most bearish in three years. The […]
Dumb money still drives hedge fund merry-go-round
Belfast Telegraph – More money than God. That’s one of the colourful descriptions of hedge fund managers and the title of a fine history of the industry by Sebastian Mallaby. Leaving aside the Almighty’s personal finances, it’s certainly true that […]
Hedge funds come to Vegas, but they’re not always the be$t bet
NY Post – The hedge fund honchos descending on Las Vegas for the fifth annual industry conference have a lot in common with the casinos of Sin City: The house always wins. That truism has never been more evident than […]
Europe plans crackdown on ‘toxic’ hedge funds
The Times – The European Commission is preparing a crackdown on hedge funds and their peers to stop them triggering a “wave of contagion” that could bring down the financial sector, according to leaked documents seen by The Times. The shadow […]
Hedge funds find value in French bonds, Greek corporate debt, Japan’s Abenomics: hedge fund news, week 18
Opalesque – Hedge funds are reportedly betting French bond prices will fall, buying Greek corporate debt, and benefiting from Japan’s Abenomics. In the week ending May 3, 2013, it was also reported that London-based hedge fund 36 South had launched […]
Does BNY Mellon Really Believe Hedge Funds Are No Riskier Than Traditional Investments?
Forbes – As the former compliance director of one of the nation’s largest money managers, I was puzzled by a recent letter published in the Providence Journal by Roger Begin, former Rhode Island Treasurer and Vice President of BNY Mellon […]
Hedge funds scramble to turn positive on ag prices
AgriMoney – Hedge funds turned positive on agricultural commodities at the fastest pace in nine months, as the turgid pace of US spring plantings, and fears for winter wheat, prompted them to reassess historically extreme bearish positioning. The net long […]
Hedge-Fund Manager Vinik to Close Firm
WSJ – Veteran stock picker Jeffrey Vinik plans to close his hedge fund after a run of poor performance that coincided with a string of changes at his firm. Mr. Vinik, who rose to prominence helming Fidelity Investments’ Magellan fund […]
Hedge funds find salvation in Japan’s Abenomics
Financial Times – If hedge fund managers believed in salvation, then Japanese prime minister Shinzo Abe would be a prime candidate for saviour. For a $2.4tn industry whose returns for the past four years have been disappointing at best, and […]
5 takeover rumors hedge funds are betting on
Marketwatch – Publicly traded companies are often acquired at a large premium to their market price pre-announcement, and so rumored takeovers—whether or not they turn out to be true—can cause speculators to pile into the stock. These stocks aren’t necessarily […]
Man jumps 9% as debt repayment news cheers hedge fund’s investors
Gaurdian.co.uk – Hedge fund group Man has jumped 9% despite clients continuing to withdraw cash, after it announced a debt restructuring. News that it was using around $470m of surplus cash to buy back debt and save $78m a year […]
Hong Kong’s Richland Capital Management Shuts Two Hedge Funds
Bloomberg – Richland Capital Management Ltd., a Hong Kong-based asset manager set up in 2006, is closing down its two hedge funds, said Chief Investment Officer Alex Au. Richland has sold all the stocks in the Richland Asia Absolute Return Fund and […]