Monthly Archives: January 2017
Fund Managers Burned by Last Commodity Slump Want Back In
(Bloomberg) The year-old commodities boom is drawing the attention of some pension and mutual funds that got burned when the last rally fizzled more than five years ago. They want back in. After seeing the first annual return for raw […]
John Paulson: Increased Long Exposure to Stocks After Trump’s Win
(CNBC) Hedge fund manager John Paulson, who openly supported Donald Trump’s candidacy and played a role in helping to shape his economic agenda, echoed many in the business community who are optimistic about the coming administration’s policies.”An administration that supports […]
Goldman’s Quarterly Profit Quadruples!
(New York Post) Goldman Sachs reported a blow-out final quarter of 2016 on Wednesday, nearly quadrupling its profit on huge gains in trading as the markets reacted to the election of Trump. The bank reaped $2.35 billion in profit during […]
Soros Says Markets to Slump With Trump, EU Faces Disintegration
(Bloomberg) It’s tough to be gloomier than billionaire George Soros right now. America has elected a would-be dictator as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from […]
Hedge Funds in 2016
(Preqin) We take a look at the key findings from the forthcoming 2017 Preqin Global Hedge Fund Report, including AUM, asset flows, performance, fund launches and liquidations, plus fund managers’ and investors’ outlook for the year ahead. To read this […]
Hedge Fund Shift From Reviled 2-and-20 Fees Spreads to Asia
(Bloomberg) The hedge fund industry’s shift away from the much-maligned 2-and-20 fee model is gathering steam in Asia. As investors worldwide are balking at hefty fees, Hong Kong hedge funds Myriad Asset Management and Ortus Capital Management are crafting alternatives […]
Top Nordic Hedge Fund Delivers 30% Return With Activist Agenda
(Bloomberg) Telling top management what to do is paying off for this Nordic hedge fund.“If you’re just a shareholder you can express your views but the company forgets about it when you leave the room,” Henri Osterlund, founding partner of […]
The CEO of the World’s Largest Hedge Fund Says Populism is Now No. 1 Market Concern
(CNBC) The rise of populism across developed nations is now more important than central banks for global market participants, Ray Dalio, the founder and co-chief investment officer at Bridgewater Associates, said Wednesday. Dalio…said that populism, which includes negative views on […]
BlackRock Charged With Removing Whistleblower Incentives in Separation Agreements
(HedgeCo.Net) The Securities and Exchange Commission today announced that New York-based asset manager BlackRock Inc. has agreed to pay a $340,000 penalty to settle charges that it improperly used separation agreements in which exiting employees were forced to waive their […]
‘Clinton Cash’ Book Got Most of Its Funding From One Hedge Fund Star
(Bloomberg) The nonprofit group behind the bestseller “Clinton Cash,” whose investigation of dealings by Hillary Clinton and her family furnished ammunition for Donald Trump in last year’s presidential campaign, got two-thirds of its funding from a single hedge-fund manager. Robert […]
This Hedge Fund Says China’s Next Big Short Is Stocks
(Bloomberg) When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers against Chinese stocks. Smith, […]
Belgrave Capital Management Unveils New UCITS-Compliant Fund of Funds
(FinAlternatives) London-based Belgrave Capital Management, a unit of Swiss financial services company Banca del Ceresio, has launched a new UCITS-compliant fund of funds strategy aimed at providing exposure to a number of leading equity managers. To read this article: