Monthly Archives: February 2018

Bankrupt Aerosoles Notches $26 Million Sale of Intellectual Property

(Reuters) A bankruptcy judge on Wednesday approved the sale of Aerosoles’ intellectual property, including its e-commerce business, to hedge fund Alden Global Capital LLC in a deal worth nearly $26.2 million to the bankrupt footwear retail chain. Alden had served […]

Look at Quant Hires for Ken Griffin’s Habit of Pouncing on Distress

(Bloomberg) At a time when hedge funds are struggling to lure assets and beat benchmarks, the billionaire founder of Citadel continues to pounce on opportunities. This week, Griffin hired a quant team from Hutchin Hill Capital less than three months […]

SEC Charges Former Bitcoin-Denominated Exchange and Operator With Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged a former bitcoin-denominated platform and its operator with operating an unregistered securities exchange and defrauding users of that exchange. The SEC also charged the operator with making false and misleading statements in […]

Hedge Fund Investors Plan to Chase Returns in Emerging Markets

(Bloomberg) For hedge fund investors, emerging markets are the place to be. About 33 percent of institutional investors plan to give more capital to emerging-market strategies this year, according to a JPMorgan Chase & Co. survey released Thursday. Approximately 20 […]

Investors Turn Back To Hedge Funds In 2018, Says Preqin

(Hedgeweek) For the first time since December 2014, the proportion of investors who plan to decrease their exposure to hedge funds does not outweigh the proportion intending to increase their exposure. To read this article:

Bridgewater’s Dalio Sees 70 Percent Chance of Recession Before 2020

(Reuters) Billionaire investor Ray Dalio, who founded world’s largest hedge fund Bridgewater Associates, thinks there is a relatively high chance the U.S. economy will stumble into a recession before the next presidential election in 2020. To read this article:

Greenlight Capital’s David Einhorn Says Hedge Fund Has ‘Never Underperformed Like This’

(CNBC) David Einhorn’s Greenlight Capital suffered its worst performance ever relative to the S&P 500 last month. “As the market shifted from ‘grind-up’ to ‘straight-up’ in January, our long portfolio only rose about half of S&P 500, while our short […]

The Hedge Fund Roller-Coaster

(Bloomberg) Are hedge funds suitable investment vehicles to help oversee and nurture the hard-earned nest eggs of police officers and fire fighters? Maybe not — especially when performance depends upon the alleged trading brilliance of a single individual. To read […]

Bridgewater’s Bet Against Europe Shines Light on Patchy Short-Selling Rules

(Reuters) The world’s largest hedge fund Bridgewater Associates caused a stir last week when it disclosed it had made $22 billion (15.78 billion pounds) worth of bets against European companies, including giants such as Unilever (ULVR.L) and Siemens (SIEGn.DE). But […]

AA’s Breakdown Lands Hedge Funds $22m Potential Payday

(Reuters) Ten hedge funds betting on a fall in AA shares are set to reap collective paper profits of more than 16 million pounds after its stock dropped by up to 30 percent. The British roadside recovery group and insurer’s […]

Hedge Funds Just Made a Big Mistake on Tech Stocks

(The Business Insider) Hedge funds and other large speculators made a poorly-timed decision to go net short tech stocks for the first time in 21 months….And that would be all well and good, except the bearish shift came as tech […]

Hedge Funds Could End Up On Wrong Side of the Bond Market

(Marketwatch) Bullish money managers and bearish hedge funds are headed for another showdown in the Treasury market… To read this article: