Hedge Fund News From HedgeCo.Net

Category Archives: Syndicated

Paulson’s 2016 Loss Mounts With Advantage Fund Down 18.5%

(Bloomberg) John Paulson is suffering deepening losses in two of his hedge funds, a sign that the positive turnaround in performance seen by several managers this year may be out of reach for the billionaire. Paulson & Co.’s Advantage fund, […]

Hedge Fund Star Kyle Bass Sees ‘Stagflation’ Coming in 2017

(CNBC) The U.S. economy is moving into a period of higher inflation but still-tepid growth, posing a difficult investing environment, famed short-seller Kyle Bass said Wednesday.Bass, who made his name betting against subprime mortgages ahead of the 2008 financial crisis, […]

Troubled hedge fund Platinum just filed for bankruptcy

(Business Insider) Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday. To read this article:

Credit Suisse to Start Quant Funds in Asset Management Push

(Bloomberg) Credit Suisse Group AG is starting two hedge funds focused on quantitative strategies as part of a broader effort to build the bank’s asset management unit, according to a person with knowledge of the matter. The two funds, Qube […]

New Hedge Fund Manager Mill Hill Capital Seeded by Protégé Partners

(FinAlternatives) David Meneret’s new relative-value credit manager, Mill Hill Capital, has been backed by a significant investment from hedge fund seeder Protégé Partners. To read this article:

Icahn on CNBC: ‘Few Gems in the Market’

(CNBC) Billionaire investor Carl Icahn joined Appaloosa’s David Tepper on CNBC Monday to give a gloomy assessment of the prospects for U.S. stocks, saying many S&P 500 companies are “way overvalued” considering soft economic growth. To read this article:

Deutsche Bank: Assets in Alternative UCITS Funds Up 26% Annually since 2008

(finAlternatives.Com) A new survey from Deutsche Bank Global Prime Finance shows that the total value of assets invested in alternative UCITS-compliant vehicles has risen by 26% annually since the 2008 financial crisis, while two-thirds of respondents plan on increasing their […]

2016 Election Forcing Hard Choices Among Some Fund Managers

(FinAlternatives) Some well-known hedge fund managers traditionally aligned with the Republican Party are weighing their choices as the 2016 presidential campaign staggers its way to the finish line. To read this article:

Maverick Fund Said to Lose 6.8% as Bets Against Technology Hurt

(Bloomberg) Maverick Capital’s main hedge fund lost 6.8 percent this year through Oct. 7 as its bets against technology stocks soured, according to a person with knowledge of the matter. The $11 billion firm, run by Lee Ainslie, told investors […]

Hedge Fund Startups Plummet in Asia Amid Low Returns, High Fees

(Bloomberg) Asia hedge funds are opening at the slowest pace since the turn of the century. Just 27 new funds started trading in Asia in the first nine months of this year, the fewest since 2000 when 56 funds opened, […]

Hedge Funds Cost N.Y. Pension Plan $3.8 Billion

(Bloomberg) The New York state comptroller’s decision to stick with hedge funds despite their poor returns has cost the Common Retirement Fund $3.8 billion in fees and underperformance, according to a critical report by the Department of Financial Services. The […]

Yen Holds Three-Week Decline as Hedge Funds Reduce Bullish Bets

(Bloomberg) The yen held a three-week decline against the dollar as hedge funds trimmed bullish bets on the Japanese currency by the most since May and speculation increased that the Federal Reserve will raise interest rates this year. Japan’s currency […]

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