Monthly Archives: January 2019
One of Europe’s Most Hyped Stocks Faces a Record Hedge-Fund Attack
(Bloomberg) One of Europe’s most volatile and priciest stocks is attracting more interest from hedge funds than ever before. The company in question is Ambu A/S, which is based in Denmark and makes single-use endoscopes. Short bets against it have […]
Hedge Fund Winners and Losers in 2018
(Bloomberg) Hedge funds are reporting their 2018 performance and a chasm has emerged between managers who have outperformed and those who saw staggering losses. One bright spot was Ray Dalio’s Bridgewater Pure Alpha fund which saw returns of 14.6%, though […]
‘Extraordinary’ Month Heaps Further Pain on Hedge Funds
(Bloomberg) A spurt in volatility was supposed to help hedge funds rebound from years of mediocre returns. Instead, it made things worse. Stock markets’ fear gauge, the Cboe Volatility Index, surged last month as the S&P 500 suffered its worst […]
Investing Titan Jeff Vinik To Reopen Hedge Fund: ‘The Fire In My Belly Still Burns’
(CNBC) While other hedge fund titans are running out of the proverbial burning building that is active management, Jeff Vinik is going back in. “After six years of running my own money, the fire in my belly still burns,” Vinik […]
Two Advisory Firms, CEO Charged With Mutual Fund Share Class Disclosure Violations
(HedgeCo.Net) Two New York-based investment advisers will collectively pay more than $1.8 million, which will be returned to harmed investors. According to the SEC’s orders, American Portfolios Advisers Inc., PPS Advisors Inc., and PPS’s Chief Executive Officer and Chief Investment […]
Government shutdown threatens to have bigger impact on economy
(CNBC) The 20-day-old government shutdown has had a minor impact on the economy so far, but it could start to have a bigger sting if it continues for much longer and hits consumer or business sentiment, economists said. To read […]
The death of Sears would give these retailers a bigger boost than Toys ‘R’ Us demise
(CNBC) Liquidation would free up as much as $11 billion, a bigger free lunch than what Toy “R” Us’ demise brought. To read this article:
Hedge funds end 2018 with near historic performance woes, says eVestment
(Hedgeweek) The global hedge fund industry ended a volatile 2018 in the red, with aggregate performance for December at -2.15 per cent and for the year at -4.86 per cent, according to the latest eVestment hedge fund performance data. To […]
Former Fidelity portfolio manager seeds long-short US equity fund
(Hedgeweek) Chris Galizio, a former portfolio manager at Fidelity Institutional Asset Management (FIAM), has connected with LHA Ventures as portfolio manager and seed investor in the LHA Focused Long-Short Fund. To read this article:
Franklin Templeton appoints Head of Sales for EMEA
(Hedgeweek) Franklin Templeton Investments has appointed George Szemere as its new Head of Alternative Sales, EMEA. To read this article:
U.S. Natural Gas Prices Sink on Mild Weather and Hedge Fund Sales
(Reuters) U.S. natural gas prices have fallen sharply as the unusual cold weather of late November and early December has given way to warmer-than-normal temperatures in the last four weeks. Futures prices for gas delivered at Henry Hub in February […]
China’s ‘Flash Boys’ Hedge Funds Eye End To Hiatus
(Reuters) China’s data-driven “flash boys” – hedge fund managers who for years have been handicapped by government curbs on tools to short-sell stocks – are dusting off high-speed trading products as Beijing revives the country’s financial derivatives market. China’s financial […]