Monthly Archives: February 2016
What the Big Short Can Teach Us About Investing
(Harvest) My kids have the mental age of ten and eleven year olds, because, well, they are ten and eleven years old!So, they fight pretty much constantly. For example: when my son wants past his sister in the hallway and […]
John Paulson Readies New Fund
New York (HedgeCo.net) – The distressed debt market is not the place for the faint of heart. Last year saw some of the world’s largest macro hedge funds lose money due to distressed debt investments that didn’t work out. Despite […]
Top US Hedge Fund Manager Says China Heading For Financial Chaos
(The Irish Times) Kyle Bass, the American hedge fund manager who correctly called the 2008 subprime mortgage crisis, believes China is heading for financial chaos because of rapid credit expansion in the country’s banking system.In the most bearish prognosis yet […]
Ackman’s Pershing Square Holdings Down 18.6 Percent so Far in 2016
(Reuters) Activist investor William Ackman’s Pershing Square Holdings portfolio tumbled 18.6 percent so far this year, according to an investor with knowledge of the numbers.The comes after Pershing Square ended 2015 with its largest ever annual loss. To read this […]
Liquidity Squeeze Amplifies Market Swings – Conflicting Signals Challenge Investors
(Harvest) Since the turn of the year, markets have been driven by sentiment rather than fundamentals.In this uncertain environment asset prices do not, in our view, reflect the underlying economic data and are driven by powerful emotional responses, not well-reasoned […]
Wall Street Jobs are Leaving New York
(Business Insider) Reports for many Goldman Sachs employees, commuting to work does not mean riding the subway down to the firm’s waterfront headquarters at 200 West Street in New York City. That’s because a quarter of Goldman Sachs’ staff work […]
5 BIG Mistakes To Avoid When Choosing An Investment Advisor
(Harvest) Choosing an investment advisor is a very important decision that many investors rarely give much thought to. Some simply make a choice based on the recommendation of a friend or family member, while others stumble upon an advertising campaign […]
Current Thinking in Investment Manager Selection
(Harvest) Manager selection still does matter. To help readers navigate the manager selection process and stay current on the latest in both theory and practice, Mark Harrison, CFA, has compiled a range of informative materials from CFA Institute publication. To […]
Managed Futures’ Dominant January Performance
(Attaincapital.com) What’s not to like – with Managed Futures offering up an average gain of 2.25% in a month where stocks lost -5.21% and global stocks lost -6.71%. Obviously, it’s because at some level, we’re all performance chasers, while we […]
Giant Insurers Have Different Plans for Hedge Fund Holdings
New York (HedgeCo.net) – Two of the largest insurance companies in the country are taking different routes when it comes to investing in hedge funds. American International Group (NYSE: AIG) intends to reduce its hedge fund investments while MetLife (NYSE: […]
Some Hedge Funds Want to Make Subprime Auto Loans Next Big Short
(Bloomberg) A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade.Money managers have looked at betting […]
AIMA publishes guide to operational risk management
(Investment Executive.Com) Hedge fund managers are facing increased scrutiny from institutional investors, regulators and the media. The Alternative Investment Management Association (AIMA), the global representative body for alternative asset managers, on Tuesday released a new guide to operational risk management […]