Monthly Archives: February 2016
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 […]
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 […]