Monthly Archives: January 2016
Investor Paulson’s Personal Assets to Back Loan to Hedge Fund
(Reuters)Billionaire investor John Paulson has put up part of his personal fortune as collateral to back a credit line for his $18 billion hedge fund Paulson & Co., a government filing shows. According to a UCC Financing Statement filed in […]
Hedge Fund Starts in Asia Drop to 14-Year Low in Turbulent Year
(Bloomberg) Hedge fund launches in Asia dropped to the lowest in 14 years last year as investors’ preference for big funds and rising regulatory costs converged with a turbulent market.The number of hedge funds that opened in Asia dropped to […]
Palm Beach Hedge Fund Conference Reveals Bearish Overtones
New York (HedgeCo.net) – Morgan Stanley’s annual investment conference in Palm Beach, Florida is taking place this week and if the collective sentiment toward stocks is accurate, the start of 2016 is just the beginning. A recent Reuters’ article highlighted […]
Hedge Funds Finished 2015 Up 2.42%
(AIMA) Hedge funds finished last year up 2.42%, beating equities and bonds on an absolute and risk-adjusted basis, according to an analysis of performance data by the Alternative Investment Management Association (AIMA), the global representative body for alternative asset managers. […]
Automated Hedge Funds Make Millions in January’s Market Selloff
(Wall Street Journal Interactive) Tumbling oil prices, sharp declines in global stocks and big moves in currencies have been a winning formula this month for a group of computer-driven hedge funds, which have made hundreds of millions of dollars during […]
Hedge Fund Kerrisdale Shorts Zafgen, Sends Stock Tumbling
(Reuters) Biopharmaceutical company Zafgen’s stock tumbled as much as 11.5 percent in early trading on Monday after hedge fund Kerrisdale Capital said it has a short bet on the stock, arguing that U.S. regulators will not approve the sale of […]
Hedge Fund Nears Rare Insider Trading Settlement Refund With U.S. SEC
(Reuters) U.S. securities regulators said on Monday they would not oppose making a rare settlement refund of $21.5 million to hedge fund Level Global Investors LP after a federal appeals court’s ruling that made pursuing insider trading cases tougher.The U.S. […]
BAUPOST: We’ve started buying distressed debt
(Business Insider) The Baupost Group, the $27 billion hedge fund led by value investor Seth Klarman, has been buying distressed debt, or the bonds of companies that are in or near bankruptcy.In an investor update, Jim Mooney, the head of […]
Global equity hedge fund Skyline Capital to close
(Reuters) – Global equity hedge fund firm Skyline Capital said on Monday it is to shut after widespread weakness in emerging markets resulted in its funds posting double-digit falls in 2015.The closure follows that of peer Nevsky Capital in December […]
Noted Short-Seller Launches Hedge Fund
New York (HedgeCo.net) – After successfully exposing accounting problems with a number of Chinese firms trading on North American stock exchanges, Carson Block has launched a hedge fund. Block and his company, Muddy Waters LLC, gained fame several years ago […]
Professional Investors Are Confident in Active Management
(Daily Alts) Heightened market volatility has many retail investors on edge, but it’s also a concern for industry professionals. In a recently published survey of professional investors, MFS found “a large number” of respondents expect continued market volatility, and that […]
Hedge Fund Manager Who Lost 96% Six Years Ago Giving Up On Bouncing Back
(Dealbreaker.com) What do you say about a hedge fund that loses 96% in two months? Usually, that there isn’t a third month. That lesser losses have taken down bigger game. That anyone would be crazy to keep their money with […]