Monthly Archives: February 2019
Most Crypto Hedge Funds Aren’t Really Hedge Funds
(Coin Desk) If it walks like a VC, talks like a VC and acts like a VC, it’s probably not a hedge fund. And yet numerous crypto fund managers who’ve launched in the last few years have opted for the […]
Equity Hedge Funds Up +5.97% in January In Contrast to the -6.96% Returns Of 2018
(Opalesque) Global hedge funds started off strong in January 2019 with big winners like Equity funds, EM Funds, said eVestment’s January 2019 hedge fund performance data.”Global hedge funds, which ended a challenging 2018 with an industry aggregate return of -5.05%, […]
Court Enters Judgment Against Microcap Company and Two Promoters in Pump-And-Dump Scheme, Ordering Each Promoter to Pay Over $4.6 Million
(HedgeCo.Net) Jason McDiarmid, Kenneth George Cedric Telford, and Stop Sleep Go, Inc., formerly known as Interactive Multi-Media Auction Corp, have all been charged with running a pump-and-dump scheme in Interactive Multi-Media’s stock. The complaint alleged that McDiarmid and Telford took […]
Most hedge funds started 2019 on positive note with returns of 2.22 per cent, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index rallied 2.22 per cent in January, supported by the global equity market rally which resulted from the Fed’s dovish stance and optimism over potential progress in the US-China trade talks. To read this article:
Special situation and L/S equity strategies rebound in January, says Lyxor
(Hedgeweek) The performance of broad hedge fund indices signal a sharp rebound of Special Situation strategies in January (+6.3 per cent), followed by L/S Equity strategies (+5.5 per cent), according to the latest Weekly Brief from Lyxor’s Cross Asset Research […]
Kyle Bass Says Mild U.S. Recession Most Likely in Middle of 2020
(Bloomberg) Kyle Bass, founder of Hayman Capital Management, said the U.S. most likely will enter a mild recession by the middle of 2020 as the bounce from fiscal stimulus wanes. The hedge fund manager said it’s unlikely that Democrats, who […]
Harvard Picks Ex-Hedge Fund Manager, California Judge for Board
(Bloomberg) Harvard University selected former hedge fund manager Timothy Barakett and California Supreme Court Justice Mariano-Florentino Cuellar for its 13-member governing board. Barakett closed his hedge fund, Atticus Capital LP, in the aftermath of the global financial panic in 2010. […]
Pernod Gets the Gentle Treatment From New York Hedge Fund
(Bloomberg) Billionaire Paul Singer is often portrayed as every CEO’s worst nightmare. His hedge fund Elliott Management Corp. is known for aggressive activist campaigns that put boardrooms under pressure to make radical changes, or get swept aside. But his latest […]
CalSTRS backs New Activist Hedge Fund Impactive with $250 Million
(Reuters) The California State Teachers’ Retirement System (CalSTRS), the second largest U.S. pension fund said on Monday it made a $250 million investment with Impactive Capital, a new activist hedge fund that expects to start trading next month. To read […]
Paul Singer Taking New Kinder, Gentler Thing To A Whole New Level
(Dealbreaker) Insults and intransigence brushed off without a response in kind? What is going on? To read this article:
Hedge Funds Post Best Month in Nearly Ten Years
(Institutional Investor) Is 2019 the year hedge fund firms come back into vogue? If hedge fund firm return data from January is any indication, the answer could be yes. New data from eVestment, an asset management analytics firm, show that […]
Husband and wife to pay over $1m to settle futures trading scheme fraud charges
(Hedgeweek) Washington State residents Sung Hong a/k/a Lawrence Hong or Laurence Hong, his wife, Hyun Joo Hong a/k/a/ Grace Hong, and their company Pishon Holding, are to pay more than USD1.25 million in restitution in connection with an enforcement action […]