Monthly Archives: January 2016
Former BlackRock Money Manager Nigel Hart to Start Hedge Fund
(Bloomberg) Nigel Hart, a former fund manager at BlackRock Inc., is starting a hedge fund that will bet on and against equities globally, according to a person with knowledge of the matter.Advenio Capital Management, based in Greenwich, Connecticut, will launch […]
Hedge Fund Legends Point Finger at China for Global Deflation
New York (HedgeCo.net) – The World Economic Forum kicked off in Davos last week and one of the hot topics is whether or not China’s policies and economic slowdown could cause a global deflationary period. Two legendary hedge fund managers […]
Hedge Funds Cut Bearish Oil Bets Before Rebound From 12-Year Low
(Bloomberg) Hedge funds reduced record bets on falling oil prices ahead of the biggest two-day rally since 2008.West Texas Intermediate futures rebounded from a 12-year low last week, part of a broad rally in global markets fueled by speculation that […]
Greenlight Capital to take a board seat at SunEdison:
(Reuters) – SunEdison Inc will give hedge fund Greenlight Capital a board seat after a decline in the solar company’s stock price and the departure of some senior officials, the Wall Street Journal reported on Sunday, citing people familiar with […]
How Much Will Markets Fall? Top Investors See No Bottom Yet
(Bloomberg) Investment managers are warning that markets probably have further to fall as China’s growth slows, oil prices plunge and central bankers lack tools to prop up economies. The Standard & Poor’s 500 Index will drop another 10 percent to […]
Ranking Hedge Fund Long Equity Stock Pickers
(Harvest) The five top hedge fund long stock pickers with long U.S. equity AUM over $3 billion produced 10.7% average annual alpha in the past three years (through October 2015). The five bottom hedge fund long U.S. equity stock pickers […]
Macro Traders are Back at Hedge Funds.
(eFinancial) Global macro traders’ compensation is between 20% to 30% above-market compared to traders in other sectors or asset classes, Surti-Vyas said. Because global macro requires a broad-based skill set, such roles warrant higher compensation than some of the more […]
Another Hedge Fund Billionaire Opens Shop in Miami Beach
CNBC Another titan of Wall Street has opened a Florida beachfront office. The latest large financial firm to establish itself in the Sunshine State is Appaloosa, the $18.6 billion hedge fund manager led by David Tepper… To read this article:
Hedge Funds Suffer First Quarterly Net Outflows in 4 Years
(Bloomberg) Investors withdrew more money from hedge funds than they added between October and December in the industry’s first quarterly net outflow in four years, according to a research report.Investors pulled a net $1.52 billion from the $2.9 trillion industry […]
Hedge Fund Case Against Auditors Tossed
(Reuters) A New York state judge has thrown out a lawsuit brought by two hedge funds against their accountants for failing to detect a financial fraud, finding the funds’ claims were caused by their own misconduct.FIA Leveraged Fund Ltd and […]
Soros Says China Hard Landing Will Deepen the Rout in Stocks
(Bloomberg) Billionaire investor George Soros said China’s economy is headed for a hard landing, a slump that will worsen global deflationary pressures, drag down stocks and boost U.S. government bonds.”A hard landing is practically unavoidable,” he said in an interview […]
2016 Market Crash: 20% Drop Like 2011 or Unstoppable 65% Crash?
(Harvest) 2016 will see the Dow & S&P500 drop 20% from their 2015 peaks if there are more central bank sugar bombs to prevent them from dropping 65%(ish). The Greedometer® algorithms will measure the impact of the Fed backing away […]