Monthly Archives: January 2016
Hedge Fund Views Cheap Carlyle Stock A ‘No-Brainer’ Bargain
(Reuters) A little-known hedge fund has emerged as Carlyle Group biggest outside shareholder after seizing on a sell-off of the U.S. private equity firm’s stock as a “no-brainer” buying opportunity. New York-based Okumus Fund Management Ltd is so convinced that […]
Industry Consultant Sees More Hedge Fund Closures in 2016
New York (HedgeCo.net) – Hedge fund industry marketing and consulting firm Agecroft Partners issued its sixth annual list of trends in the industry and the biggest trend was more closures in 2016. Managing partner Don Steinbrugge put together the list […]
For Only Third Time, Barry Rosenstein’s Jana Partners Reports Annual Loss
New York (HedgeCo.net) – Jana Partners, the hedge fund firm run by billionaire investor Barry Rosenstein, reported their 2015 performance yesterday and for only the third time since launching, the firm reported a loss for the year. After gaining 1.o% […]
Hedge Funds Enter 2016 Facing Same Scrutiny As One Year Ago
New York (HedgeCo.net) – In a year when hardly any asset class experienced decent gains, the hedge fund industry lagged the overall stock market again and now the industry is once again facing scrutiny on whether they can produce the […]
China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
(Bloomberg)The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures and options, putting the nation’s new market circuit breakers to the test on their first day. Trading was halted […]
The Hot New Hedge Fund Strategy (Hint: Stop Being A ‘Hedge Fund’)
(The Business Insider) There has been a rush of hedge funds suddenly converting to so-called family offices in the past few months. A family office manages only the money of the hedge fund manager, his or her family members, and […]
Man Group Hires Hill, Lynch From Moore Capital as Money Managers
(Bloomberg) Man Group Plc, the world’s largest publicly traded hedge fund, has hired former Moore Capital Management LP money managers Rory Hill and Ben Lynch as portfolio managers.Hill and Lynch have joined the GLG unit of Man Group that uses […]
L&J Capital Management Launches New Fund
(HedgeCo.Net) L&J Capital Management is launching a new fund, the Galini Market Neutral Fund, on February 1st. The fund will be advised by Galini Capital Advisors (GCA), an investment boutique specialized in physical precious metal trading, based in Belgium and […]
This Hedge Fund Manager’s Worst Ideas For 2016 May Surprise You
(Seeking Alpha) In a new piece for Seeking Alpha, hedge fund manager Chris DeMuth, Jr. wrote a tongue-in-cheek piece spelling out some popular trading ideas for 2016 that he believes are among the worst trades to make. Here’s a look […]
Pershing Square Cuts Stake in Beleaguered Valeant Pharmaceuticals
New York (Hedgeco.net) – After standing by his investment in Valeant Pharmaceuticals (NYSE: VRX) as it fell over 70% from early August through mid-November, Bill Ackman and his fund Pershing Square sold part of their stake in the company in […]
Alternative Industry Takes Aim At Pension Funds
New York (HedgeCo.Net) In a recent paper produced by the Alternative Investment Management Association, the association states that hedge funds have made investors about $1.5 trillion over the last 10 years and that is net of management fees. AIMA also […]
Total Assets In Alternative Investments Approaches $7-Trillion
New York (HedgeCo.Net) According to Preqin’s 2015 Global Alternatives Report, the global alternative assets industry is closing in on $7 Trillion in total assets. This total includes hedge funds, private equity, private debt, real estate and infrastructure funds, but it […]