Monthly Archives: February 2017
Ex-Pimco Manager Said to Plan Bond Hedge Funds With $500 Million
(Bloomberg) Han Tongli, a former Pacific Investment Management Co. manager, plans to start two hedge funds focused on fixed-income investments in the first quarter, said a person with knowledge of the matter. Han, 39, has attracted three strategic investors, including […]
Goldman’s Hedge Fund Is Doing A Super Hard Brexit
(Dealbreaker) Running a post-Dodd-Frank hedge fund has been something of a pain in the old ass for Goldman Sachs, especially a fund that keep getting crushed on value investing plays that aren’t working out very well. But Lloyd Blankfein and […]
U.S. Investors More Willing to Place Wagers on Uncertain Europe
(Reuters) A spate of elections this year that threaten to change Europe’s course and rattle the continent’s largest political bloc and currency is normally the sort of uncertainty that scares away international investors.Instead, deep-pocketed investors are buying into the continent’s […]
Hedge Fund Posts Solid Returns Thanks to Argentina
(New York Post) Bienville Capital, a New York hedge fund, is posting solid returns this year due to the resurgence in the stock market — in Argentina. The fund closed out January up 14.7 percent due to actions taken by […]
Hedging Demand Perks up Even as Volatility Craters
(Reuters) Soaring U.S. share prices and plunging market volatility measures may paint a picture of optimism, but there are signs in the equity options market that investors have started to question how long this goldilocks period can last. The post-election […]
Bridgewater Exec Explains How It’s Unique Culture Helped the World’s Largest Hedge Fund Make $50 Billion
(The Business Insider) Bridgewater Associates is as well known for being the world’s largest hedge fund, with $150 billion in assets under management, as it is for its quirky culture of “radical transparency.”…..It’s a demanding environment, and 30% of new […]
Steve Cohen Backs Macro Fund of Ex-Brevan Partner Melkman
(Bloomberg) Ben Melkman, a former partner at Brevan Howard Asset Management, is receiving capital from billionaire Steven A. Cohen for the hedge fund he plans to start next month with more than $400 million under management, according to people with […]
Equity hedge fund strategies surge in early 2017
(HedgeWeek) Hedge funds posted strong gains in early 2017 as Donald Trump was inaugurated as US President, led by the performance of equity hedge strategies, the largest area of hedge fund industry investor capital, according to data from HFR. The […]
Citigroup Paying $18 Million for Overbilling Clients
(HedgeCo.NET) The Securities and Exchange Commission has announced that Citigroup Global Markets has agreed to pay $18.3 million to settle charges that it overbilled investment advisory clients and misplaced client contracts. The SEC’s order finds that at least 60,000 advisory […]
Trump Rally Propels Hedge Funds to Their Best Start Since 2013
(Bloomberg) Hedge funds posted their best annual start in four years, driven by equities, as President Donald Trump’s plans to stimulate economic growth by reducing taxes and regulation buoyed markets. The industry gained 1.2 percent last month, according to Hedge […]
Goldman Sachs Hedge Fund to Shift London Operations to New York
(International Business Times) A hedge fund operated by US investment bank Goldman Sachs is to shut down its operations in London and move all staff to New York, reports say. Citing sources, the Reuters agency said eight staff members who […]
Baupost’s Klarman Warns Trump-Related Jitters Stoking Investor Risk
(Reuters) Billionaire money manager Seth Klarman, whose Baupost Group hedge fund ranks among the world’s largest and closely watched, warned that U.S. President Donald Trump is creating considerable uncertainty that will translate into risk for investors. To read this article: