Monthly Archives: February 2016
Soros Fund Management Takes Stake in Consumer Lender Synchrony Financial
(Reuters) Soros Fund Management, the team investing billionaire George Soros’ fortune, is betting big on consumer finance by taking a large position in Synchrony Financial, according to a U.S. securities filing on Tuesday.Soros now owns more than 7.1 million shares, […]
Buying Opportunity In Oversold High Yield ETF
(Harvest) After acting as a leading indicator to the current bear market in equities, the high yield space as represented by the HYG etf increasingly looks to be extremely oversold in the near to medium term. Bullish reversals are starting […]
Hedge Fund Manager Puts Profile on Social Media, Lures $20 Million
(Bloomberg) Joshua Young started his hedge fund less than a year ago. Last month, he caught a break when a university endowment handed him $20 million, quintupling his assets under management.How did an obscure Houston fund called Bison Interests land […]
Hedge Funds in Asia Had Nowhere to Hide in January ‘Bloodbath’
(Bloomberg) Hedge funds in Asia, which navigated turbulent markets to post gains in 2015, had nowhere to hide in January.As global stocks, currencies, commodities and risky bonds were roiled in a renewed frenzy of selling in January, hedge funds including […]
Some Hedge Funds Avoid Bite From ‘Fang’ Stocks
(Reuters) A number of hedge funds got out of a group of soaring technology stocks late last year just before they fell sharply to start 2016.Among those to sell “FANG” stocks – as Facebook (FB.O), Amazon (AMZN.O), Netflix (NFLX.O), and […]
Latest 13F Filings Reveal New Positions and Exits from SunEdison
New York (HedgeCo.net) – The latest round of 13F filings have been released this week and what we have learned is that a number of hedge funds bought shares of SunEdison while an equal number exited their positions in the […]
Manager Profile and Insights: Herb Friedman, New Century Financial Group
New Century Financial Group is structured more as a traditional investment manager than a hedge fund, but we found their approach to investing to be interesting enough and different enough that we wanted to interview the investment manager, Herb Friedman. […]
Japanese Hedge Fund Says Abenomics Era of Easy Gains Is Over
(Bloomberg) Stats Investment Management Co., whose hedge fund posted a positive return in each of the past 10 years, said the era of easy gains in the Japanese stock market fueled by Abenomics is over.Japan’s equities surged almost 80 percent […]
One Clear Winner Has Emerged in the Hedge Fund Space in 2016
(The Business Insider) There’s one hedge fund strategy that’s emerged as the big winner in 2016, and it’s driven by computers…. To read this article:
Lasers Narrows Search For $400m Fixed-income Hedge Fund Mandate
(Hedgefund Intelligence) The $11.4 billion Louisiana State Employees’ Retirement System (LASERS) in January further narrowed its search for a global multi-sector fixed-income hedge fund mandate to four firms: DoubleLine Capital, GoldenTree Asset Management, Marathon Asset Management, and Neuberger Berman.The finalists […]
N.Y. Stockbrokers to Face Trial in SEC Insider Trading Case
(Reuters) U.S. securities regulators are set to take two former stockbrokers to trial in a case that tests the ability of authorities to pursue insider trading charges after an appellate court’s ruling reshaped the law. Jury selection is scheduled for […]
Bill Ackman just broke an unwritten rule of the business
(Business Insider) William Ackman, founder and CEO of hedge fund Pershing Square Capital Management, speaks at the Sohn Investment Conference in New York, May 5, 2014. On Thursday, the Financial Times published an op-ed written by hedge fund billionaire Bill […]