Monthly Archives: February 2018
Hedge funds are pulling in billions — here are the hottest strategies
(The Business Insider) Hedge funds are expected to pull in $41 billion in new cash this year, with event-driven, fundamental equity long-short fund and volatility funds the most in-demand strategies, according to a Deutsche Bank survey. To read this article:
LuxHedge Reports Large Inflows and Strong January Performance For Alternative UCITS
(Hedgeweek) In line with the broader hedge fund market, Alternative UCITS funds profited from the rising volatility in fixed income and equity markets towards the end of the month. The LuxHedge Global Alternative UCITS index advanced with +0.93 per cent, […]
Hedge funds up 2.18 per cent in Jan, says Preqin
(Hedgeweek) The Preqin All-Strategies Hedge Fund benchmark generated 2.18 per cent in January. This is the strongest start to a calendar year since 2013 (+3.49 per cent) and the highest return in a single calendar month since July 2016 (+2.24 […]
Computer-Driven Hedge Funds Lose Out on Volatility Spike
(Reuters) Performance from computer-driven hedge funds run by industry stalwarts Cantab Capital Partners and Systematica Investments took a hit after market volatility in February, showed data compiled by HSBC. The Cantab Capital Partners Quantitative Fund and Systematica Alternative Markets Fund […]
Hedge Funds Are Dumping Facebook and Google
(Yahoo Finance) 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 […]
SEC Obtains Bars and Suspensions Against Individuals and Accounting Firm in Shell Factory Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced charges against three Israeli residents, a Washington, D.C. attorney, and an Israeli auditor and his Maryland-based accounting firm for their roles in a fraudulent scheme in the creation of numerous public shell […]
Chinese Entrepreneur Starts $100 Million Hedge Fund With His Own Money
(Bloomberg) Qian Yongqiang, who made his fortune in Chinese education and tech startups, is starting a $100 million hedge fund with his own money. Singapore-based QQQ Capital Fund will start trading in April, Head of Operations Ye Yichen said in […]
Cracks Appear in Credit Funds as Investors Head for the Exit
(Bloomberg) Global bond funds saw the fifth-largest week of redemptions ever last week, amid expectations of higher interest rates, according to Bank of America Merrill Lynch, citing EPFR Global fund flow data. To read this article:
Top Stock-Picking Hedge Funds Love Gaming, Health Care and Media Shares
(CNBC) Among the top 10 stock pickers identified by Symmetric.io, the largest new positions were Mason Capital Management’s $65 million bet on Sinclair Broadcast, Freshford Capital Management’s $32 million stake in Acadia Healthcare and Sector Gamma’s $31 million investment in […]
BlackRock Is Using Robots to Better Predict the Future of the Economy
(The Business Insider) The $6.3 trillion investment behemoth is offering a proprietary indicator called the BlackRock Macro GPS, which is designed to swing economic forecasts forward and provide more actionable information for investors. Officially, the tool’s purpose is to “show […]
Elliott Management, a $34 billion Hedge Fund, Described Cryptocurrencies As ‘One Of The Most Brilliant Scams In History’ in a brutal takedown
(The Business Insider) Elliott Management, a $34 billion hedge fund founded by billionaire Paul Singer, has an acronym to describe the folly surrounding cryptocurrencies – WTHIT, or what the hell is this? “FOMO (fear of missing out) has solidly trumped […]
Hedge Funds Turn Short on Tech Just as Stock Rally Takes Off
(Bloomberg) A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, according to […]