Monthly Archives: January 2016
Chinese Hedge Funds Face Forced Sales as Top Manager Plans Exit
(Bloomberg) Hedge funds in China are facing forced sales of stock holdings as the market plunge triggers a mandatory liquidation of assets.The manager of a Chinese hedge fund that returned a surprising 86 percent during last year’s stock rout, Xinhong […]
These Three Trading Themes Dominated 2015: What’s Big In 2016?
(Benzinga) The year 2015 saw three major themes dominate: 1) Falling Commodity and Forex Prices, 2) China, Europe and Emerging Markets Slowdown and 3) Fed Rate Hike. No. 1 Falling Commodity And Forex Prices The year started with extreme volatility […]
Former LTCM Managers Start Firm to Tap China Hedge-Fund Demand
(Bloomberg) Former Long-Term Capital Management executives have started a firm that will connect Chinese investors with international hedge funds, as turmoil in the world’s second-largest equities market spurs demand for overseas assets. John Meriwether is an early financial backer of […]
Ackman’s Pershing Square Holdings Ends 2015 Down 20.5 Percent
(Reuters)Billionaire investor William Ackman’s Pershing Square Holdings hedge fund ended 2015 with a 20.5 percent loss after Valeant Pharmaceuticals, a top holding, has battered in the second half of the year. The fund, one of several portfolios run by the […]
Hedge Funds Lose Millions As Argos Owner’s Shares Rise 41%
(The Guardian) A collection of hedge funds have lost more than £30m in a single afternoon after shares in Home Retail Group, the owner of Argos and Homebase, rose on the news that Sainsbury’s had made a takeover approach. Hedge […]
Goldman’s Petershill Buys 10% Stake in Hedge-Fund Firm Fort Management
(Wall Street Journal) A private-equity fund run by Goldman Sachs Group Inc. has purchased a 10% stake in a Maryland hedge-fund firm that uses computer-driven, automatic trading strategies to wager on trends. The minority share in the $1.6 billion Fort […]
3 Things Every Young Wall Streeter Needs To Know Going into Bonus Season
(The Business Insider) It is the most wonderful time of year on Wall Street. That’s because it’s bonus season! Wespoke with a veteran bank analyst and hedge fund portfolio manager,and he had three rules for young Wall Streeters going through […]
Dalio and Bridgewater Associates Experience a Mixed Year in 2015
New York (HedgeCo.net) – Last year created mixed results for the largest hedge fund firm in the world. Bridgewater Associates, founded by Ray Dalio, saw two of its funds gain ground last year, but one of its most prominent funds […]
George Soros Sees Crisis in Global Markets That Echoes 2008
(Bloomberg) Global markets are facing a crisis and investors need to be very cautious, billionaire George Soros told an economic forum in Sri Lanka on Thursday. China is struggling to find a new growth model and its currency devaluation is […]
These hedge funders are the few who are killing it
(CNBC) For the average hedge fund, 2015 was nothing to brag about, and even may have proved humiliating. But a handful of portfolio managers outperformed their peers by a big margin, largely thanks to smart stock picking and shorting in […]
Cocoa Futures Plumb New Lows as Hedge Funds ‘Throw in The Towel’
(Agrimoney.com) Cocoa futures continued to plummet, amid volatile and high volume trading, amid ongoing uncertainty about West African production prospects.Front-month cocoa futures fell nearly 3% in morning deals in New York, to $2,898 a tonne, extending gains this week nearly […]
Top Hedge Fund Says China Should Have Waited on Crash Rule
(Bloomberg) APS Asset Management Pte, whose long-short China hedge fund returned 42 percent last year to beat most peers, said the nation’s authorities should have waited before suspending the circuit-breaker rules because retail investors will eventually learn to deal with […]