Monthly Archives: February 2016
Hedge Fund Gambles on Standard Chartered Fall
(Times Online) One of London’s biggest hedge funds has begun betting on further falls in the share price of Standard Chartered, even after the company’s stock hit a 30-year low.It comes amid concerns about the future of the Asia-focused bank, […]
Here’s Where Hedge Funds Are Making Emerging-Market Bets:
(Bloomberg) Hedge funds are betting on emerging-market online businesses in a big way. That’s one conclusion to draw from an ownership analysis of all actively-traded developing-nation companies valued at more than $500 million. The companies were ranked by the percentage […]
A 37-year-old hedge fund manager had a monster first year running his $1.5 billion fund
(Business Insider) Former SAC Capital star portfolio manager Gabe Plotkin had a monster first year running his own hedge fund.Melvin Capital, a $1.5 billion long/short equity hedge fund, finished 2015 up an impressive 47%, according to Bloomberg News’ ranking of […]
Lazard, AMP, Pine River Among Firms Closing Asia Hedge Funds
(Bloomberg) Lazard Asset Management, AMP Capital and Pine River Capital Management are the latest firms to shutter Asia-focused hedge funds.The asset-management unit of financial firm Lazard Ltd. closed its $9.8 million Lazard Asia ex-Japan Equity Strategy and the Singapore-based portfolio […]
Perpetual Is Being Driven By Its $1 Billion Hedge Fund
(Financial Review) Perpetual is shaking off its reputation as just a long-term holder of value stocks thanks to senior hedge fund style managers who are exerting their influence across the investment business, chief executive officer Geoff Lloyd said. Mr Lloyd, […]
Ackman’s fund off 17.3 percent for year, erases banner gains from 2014
(Reuters) Billionaire investor William Ackman has managed to erase his entire 40 percent return of 2014, a performance that put him at the pinnacle of the hedge fund world. Ackman’s Pershing Square Holdings portfolio has lost 17.3 percent so far […]
Survey Shows Market Neutral Strategy Most Popular to Start 2016
New York (HedgeCo.net) – With the world investment markets facing more uncertainty than usual at the beginning of 2016, apparently the most in-demand strategy is market neutral. Deutsche Bank’s global prime finance group recently surveyed 504 hedge fund allocators and […]
Hedge funds are getting ready for Armageddon
(Business Insider) Hedge fund investors are battening down the hatches.”Hedge fund positions bear all the imprints of significant risk aversion already,” Societe Generale strategists said Wednesday in a note. “The volatile start of 2016 forced hedge funds to adopt a […]
Hedge Funds See No Respite Ahead in Asia After Brutal Start
(Bloomberg)Hedge funds in Asia, which struggled with a brutal market selloff last month, don’t see a respite anytime soon.The $241 million Orchid China Master Fund extended January’s 11.2 percent decline to slump another 2.6 percent this month through Feb. 15 […]
5 Stocks Hedge Funds Hate For 2016
(TheStreet.com) Apple was one of the most sold stocks during the three-month period as well as one of the most acquired positions by large hedge funds. S&P Global analyst Pavle Sabic said in an email that this event is quite […]
Hedge Fund Cash Flows Back To Bets That VIX At 20 Won’t Last
(Bloomberg) Hedge funds and investors in exchange-traded notes are plowing money into bets that pay off should last week’s soothing of U.S. stock market turbulence prove temporary.With the Chicago Boards Options Exchange Volatility Index closing below 20 for just the […]
FBI Gathers Clues In Massive Goldman Sachs Money Scandal
(New York Post) Fallout from Goldman Sachs’ involvement with the controversial Malaysian state fund continued last week.US law enforcement officials are gathering sensitive documents — and identifying potential witnesses — in the massive money scandal that has ensnared the bank […]