Monthly Archives: January 2019
Barclay Hedge Fund Index Drops 2.61% in December
(Opalesque) Hedge funds dipped 2.61% in December, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. The loss was less significant, however, than that of the S&P 500 Total Return Index, which dropped 9.03% […]
Asia shares mixed as investors sift through fresh Brexit uncertainties; pound holds at $1.28
(CNBC) Asia Pacific markets traded mixed on Wednesday despite an overnight rally on Wall Street as investors sifted through fresh uncertainties surrounding the U.K.’s withdrawal from the European Union. To read this article:
SEC Brings Charges in Edgar Hacking Case
(HedgeCo.Net) The Securities and Exchange Commission today announced charges against nine defendants for participating in a previously disclosed scheme to hack into the SEC’s EDGAR system and extract nonpublic information to use for illegal trading. The SEC charged a Ukrainian […]
SS&C GlobeOp Hedge Fund Performance Index down 1.35 per cent in December
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2018 measured -1.35 per cent. To read this article:
Husband of Investment Banker Charged with Insider Trading
(HedgeCo.Net) The husband of a New York-based banking consultant has been charged with insider trading in advance of an airline merger based on confidential information he learned by eavesdropping on the phone conversations of his then-fiancé, who was an investment […]
L/S Equity managers in ‘wait and see’ mode since December, says Lyxor
(Hedgeweek) The Lyxor L/S Equity strategy outperformed this week, mostly from beta, according to the latest Weekly Brief from the firm’s Cross Asset Research team. To read this article:
Rising Concerns Over Slowing Economic Growth in 2019 Could Drive Changes in Hedge Fund Investing
(Hedgeweek) Hedge fund investors are growing more concerned over slower economic growth in the year ahead, which could be prompting a noted shift toward global macro managed futures strategies, according to the results of a survey published today by BarclayHedge, […]
A Hedge Fund Known for ‘Milking’ Newspapers Takes Aim at Gannett
(Bloomberg) A few dozen newspaper employees staged a protest last May outside the New York City office of their owner — the hedge fund Alden Global Capital. Carrying signs that read “Invest or Sell Now,” the journalists chanted, “Hey Hey, […]
Hedge Fund Leverage Risk Comes Under Scrutiny
(Financial Times) Two decades after the near-collapse of Long-Term Capital Management threatened to demolish Wall Street, regulators are still struggling to understand whether hedge funds could endanger the stability of financial markets. Global regulators want to analyse hedge funds’ use […]
Hedge Fund Baupost Has a Complex $1 Billion Bet on PG&E
(Bloomberg) Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy. It turns out, though, that Baupost’s stock purchases, valued at $873 […]
Hedge Funds Bet on Brexit
(Bloomberg) Crispin Odey of Odey Asset Management, and a supporter of Brexit, thinks the U.K. will now stay in the EU and is betting on U.K. To view this story:
Nick Neri joins Circle Partners as VP
(Opalesque) Nick Neri joined Circle Partners as Vice President of Business Development U.S. subsidiary. He brings 20+ years of industry experience within the traditional and alternative financial markets with an emphasis on Hedge Funds, Private Equity, Crypto Currency, Emerging Managers, […]