Monthly Archives: February 2019

SS&C GlobeOp Forward Redemption Indicator at 3.42 per cent for February

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for February 2019 measured 3.42 per cent, up from 2.70 per cent in January. To read this article:

Bloomberg Enterprise Access Point adds alternative datasets

(Hedgeweek) Alternative datasets are now available through Bloomberg’s “ready-to-use” data website, Bloomberg Enterprise Access Point. To read this article:

Wharton School receives USD10m gift to set up alternative investments program

(Hedgeweek) The Wharton School of the University of Pennsylvania has received a USD10 million gift from 1986 undergraduate alumnus Josh Harris and his wife Marjorie Harris to establish the Joshua J Harris Alternative Investments Program. To read this article:

Derivative trading costs to escalate amid market volatility fears

(Hedgeweek) Derivatives trading costs could double as markets brace themselves for increased bouts of volatility, according to research from analytics firm OpenGamma. To read this report:

Hedge Fund Third Point Praises Nestle Chief in Letter to Investors

(Reuters) Hedge fund Third Point told investors in a letter that it was happy with progress at some of its biggest holdings, including Nestle SA , and was well positioned to make money when the market sells off anew. The […]

Hedge Funds Get Burned in the Paris Suburbs

(Bloomberg) When a company’s stock is heavily shorted and the bonds yield nearly 20 percent, even a modest amount of good news can set off a giant relief rally. Vallourec SA, a supplier of steel tubes to the oil and […]

Dodging The Windstream Default Fallout

(Forbes) Shrinking revenue and crushing debt have steadily pushed Windstream WIN -25.39% Holdings (WIN) toward bankruptcy for months. Now a Manhattan federal court ruling will likely shove the wireline phone company over the edge. Unless it can successfully appeal the […]

The age of the quant is coming to an end

(eFinancial) I’ve worked as a quant in finance for over two decades, on both sides of the Atlantic. And I can smell the rot setting in. To read this article:

Hedge funds hold smallest slice of stock market since 2012

(Marketwatch) An ugly fourth quarter for stocks saw hedge funds scale back their stacks in U.S. equities, according to one analysis of quarterly filings and other data…..Coming into 2019, the percent of S&P 500 market cap owned by hedge funds […]

Jefferies loses top litigation-finance banker to rival

(New York Post) Justin Brass, a managing director in the bank’s Special Situations Group, left the bank this week, according to two people familiar with the move. Sarah Lieber, a senior vice president who worked for Brass, also left the […]

Hedge funds make solid start to 2019

(Hedgeweek) Investor optimism spurred by a variety of favourable conditions pushed hedge funds to a solid start in 2019 with a 3.88 per cent return in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of […]

CTAs have increased long fixed income positions, says Lyxor

(Hedgeweek) CTAs have dramatically increased their long fixed income positions over the last quarter according to the latest Weekly Brief from Lyxor’s Cross Asset team, and the company is concerned about the impact a bond trend reversal might have on […]