Monthly Archives: February 2018
Hedge Funds Are Dumping Facebook and Google
(Bloomberg) Billionaire David Tepper’s Appaloosa Management more than tripled its stake in Apple Inc. and almost doubled its holding of Facebook Inc. in the final three months of last year. Appaloosa reported shares in Apple worth $777 million as of […]
Markets Are Starting to Realize the Threat of Ever-Increasing US Debt
(Harvest) The Treasury Department estimated that it will borrow $955 billion in FY 2018. If the amount is correct (and it may not be), it will represent an 84% increase over the $519 billion Treasury borrowed for FY 2017. This […]
SS&C GlobeOp Hedge Fund Performance Index: January performance 2.99%
(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2018 measured 2.99%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advance 0.92% in February. “SS&C GlobeOp’s Capital Movement Index for February […]
IRS to Ban Hedge-Fund Tax Dodge on Carried Interest
(Bloomberg) Treasury Secretary Steven Mnuchin said the Internal Revenue Service plans on closing a loophole that hedge-fund managers had been trying to exploit to avoid paying higher taxes on carried-interest profits. Mnuchin told the Senate Finance Committee that a Bloomberg […]
Hedge funds outperform stocks and bonds on risk-adjusted basis
(HedgeWeek) Hedge funds have produced more consistent and steadier returns than equities or bonds over both the short term and the long term, according to new research by Preqin and the Alternative Investment Management Association (AIMA). To read this article:
SS&C GlobeOp Hedge Fund Performance Index at 2.99 per cent in January
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2018 measured 2.99 per cent. To read this article:
Stock market turmoil has created a make-or-break situation for a group of investors once left for dead
(The Business Insider) Active managers have heard it all. They’ve absorbed criticisms that their investment style is outdated. They’ve suffered the indignity of having market pundits question their worth. They’ve seen investors flee their funds for exchange-traded funds and other […]
Anxious Chinese Investors Cut Equities Risk Ahead of Holiday
(Reuters) Unnerved by a slump in their stock market in the past two weeks, Chinese investors are playing it safe as they head into week-long Lunar New Year holidays by reducing their equity holdings. China’s stock market will be closed […]
Dalio’s Bridgewater Boosts Gold Holdings in SPDR, IShares
(Bloomberg) Billionaire hedge fund manager Ray Dalio boosted his holdings in the two largest gold-backed ETFs last quarter before prices of the metal capped the biggest annual gain in seven years.. To read this article:
Active Fund Managers Performing Better But Still “No Better Than A Coin Toss”
(City A.M) Active fund managers have improved their performance over the last year – but the odds of picking a successful manager are still “no better than a coin toss”, according to asset management research firm Scope Analysis…..Just over half […]
Mark Cuban Once Trashed Speed Traders. Now He’s Investing in One
(Bloomberg) Mark Cuban is coming around on high-frequency trading firms. Cuban, who warned four years ago that the industry was creating structural and trading risks for the market, said Tuesday he bought shares of high-frequency trader Virtu Financial Inc. To […]
SEC Launches Share Class Selection Disclosure Initiative to Encourage Self-Reporting and the Prompt Return of Funds to Investors
(Hedgeco.Net) The Division of Enforcement of the Securities and Exchange Commission has announced a self-reporting initiative that seeks to protect advisory clients from undisclosed conflicts of interest and return money to investors. Under the Share Class Selection Disclosure Initiative (SCSD […]