(Reuters) A California movie producer who headed a boutique merchant bank has been convicted on charges he defrauded investors in hedge funds overseen by a New York-based investment adviser out of $26 million, prosecutors said on Friday. David Bergstein, who […]

(City A.M) Hedge funds have upped bets against Provident Financial, hoping to capitalise on any negative reaction to the sub-prime lender’s recent share price surge…Provident’s market value leapt over 70 per cent on Tuesday. While soaring to around 1,000p a […]

(Money Week) Even for one of the world’s richest men, $18bn is a big bet. That’s the amount hedge-fund manager Ray Dalio has staked against eurozone equities. It is the biggest short out there in a market where most investors […]

(Opalesque) Komfie Manalo, Opalesque Asia: Douglas Hymas, Tokyo-based country executive for Bank of New York Mellon said he is seeing increased flows toward alternatives from Japanese investors. Speaking at the latest Opalesque 2018 Japan Roundtable, Hymas said that from what […]

(Opalesque) The Greenwich Global Hedge Fund Index was up again in January, posting a +2.66% gain to start the year. Performance was widespread as funds of all types took advantage of bullish sentiment across multiple asset classes and regions. Congress […]

(Bloomberg) The PruLev Global Macro Fund gave up almost one-third of last year’s 52 percent gain in February, after being caught out by the return of volatility. The fund, the world’s best performer last year among macro funds with assets […]

(Bloomberg) Former hedge fund manager Whitney Tilson is confident enough in his investing abilities that he’s included just five stocks in his children’s college-savings portfolios. In an email last night, Tilson outlined his strategy for the accounts: 50 percent in […]

(The Business Insider) David Schechter, a former star investor at Icahn Enterprises, was supposed to launch a hedge fund in the coming months with the backing of his former boss. But plans to launch the fund to outside investors have […]

(Harvest) February was a bad month for investment performance. All of the major ETF indices we normally follow were negative. Diversification was an elusive concept and reinforced the key portfolio allocation risks of rising correlation. There is no positive spin […]

(Harvest) Some cryptocurrencies have experienced wild fluctuations in valuation, and the arcane industry lacks regulation. True, cryptocurrency-related activities make up a small portion of the overall semiconductor market’s sales, but for some companies, the exposure is significant – and potentially […]

(Bloomberg) Some big-name hedge funds are suffering losses even after getting what many in the industry have been asking for: more volatility. It just wasn’t the right kind. February was marked by a massive market selloff early in the month, […]

(Bloomberg) BlackRock Inc., the world’s largest asset manager, said it’s exploring ideas for new funds, including index-based portfolios, that exclude gun makers and retailers. The firm, which manages more than $6 trillion in assets, is also working with clients that […]