Monthly Archives: January 2016
Investors Snub Money Managers for Market Clones
(Wall Street Journal) More investors are losing faith in old-school money managers as financial markets sputter. Clients yanked $207.3 billion in 2015 from U.S.-based mutual funds that hand pick their positions while pouring $413.8 billion into funds that mimic broad […]
Hedge Fund Outflows in January Not As Bad As 2015
New York (HedgeCo.net) – After a tough year in 2015, the hedge fund industry was probably expecting outflows in January, but that is a seasonal trend any way. As investors rebalance portfolios and change their allocations, hedge funds usually see […]
Ex-Foundry Executive Loses U.S. Insider Trading Appeal
(Reuters) A U.S. appeals court on Thursday rejected the appeal of a former executive of Foundry Networks Inc who was sentenced to 6-1/2 years in prison after being convicted for leaking inside information about the company to a hedge fund […]
Correction On Yesterday’s Email
There was an error in yesterday’s email communication from HedgeCoVest, “Forget About the State of the Union, What About the State of Your Portfolio?” The returns quoted in the article reflected the performance of the eight models from July 1, […]
Chinese Regulator Asks Banks to Cut Wealth Management Yields
(Reuters) China’s banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters, an apparent back-pedalling on commitments to let markets price credit.The move to suppress […]
Institutional Demand Expected to Continue to Drive Flows into Hedge Funds in 2016
(Valuewalk.com) eVestment’s 2016 Hedge Fund Industry Outlook highlights data-driven predictions of hedge fund trends for the upcoming year. A few key points include: With interest in multi-strategy products as a key source of support, less drag from credit and event […]
Schroder’s Outlook 2016 – US Equities
(Harvest) There is little doubt that some of the biggest risks to equity markets last year – depressed commodity prices, slowing growth in China, and uncertain economic data points in Europe as well as the US, all accompanied by dollar […]
Jump Start Your Fund Marketing Tactics
(Harvest) 2016 will not offer an easy path to follow on the way to asset gathering. Effective marketing can lead to new prospects, which in turn can lead to new assets, so it is vital to focus on the impact […]
Chinese Regulator Asks Banks to Cut Wealth Management Yields
(Reuters) China’s banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters, an apparent back-pedalling on commitments to let markets price credit.The move to suppress […]
Momentum Darlings Hit Wall in S&P 500 as Hedge Fund Stocks Slide
(Bloomberg) Trades that kept the ceiling from crashing in last year are giving way now, as momentum stocks and others beloved by hedge fund managers lead a plunge that is pushing the Standard & Poor’s 500 Index toward its August […]
Top Quant Hedge Funds Stand Out With Good 2015
(Forbes) Last year, while the average hedge fund was losing money and several prominent hedge funds were getting clobbered by the markets, David Siegel got on a stage at a conference attended by investment professionals and declared that “eventually the […]
Bill Ackman Can’t Catch A Break
New York (HedgeCo.net) – After enduring one of his worst years as a hedge fund manager in 2015, Bill Ackman isn’t seeing much of a change to start 2016. Ackman’s Pershing Square Holdings Ltd. Lost 20.5% in 2015 as one […]