Monthly Archives: February 2018
Two-Dimensional Risk Models Create Full Picture
(Harvest) First, a quick review of our risk models.When thinking about risk, we begin with a very long-term view, which we call Equilibrium. This model encompasses a long-term view (20 to 30 years into the future) that can be thought […]
Ski Slope Investment Scheme Agrees to Pay Back Investor Money, Surrender Properties
(Hedgeco.Net) The Securities and Exchange Commission has announced that the Miami-based businessman behind an alleged scheme involving investments in a Vermont-based ski resort has agreed to pay back more than $81 million of investor money that he used illegally. According […]
XIV Is Just the Tip of the Iceberg for This Hedge Fund Investor
(Bloomberg) After one of its best months ever in January, February got hairy for this hedge fund picker.RPM Risk & Portfolio Management, which manages funds of hedge funds, had a return of 13 percent in January for its Evolving CTA […]
Global Stock Slump Continues; China Gets Hit Hard
(Bloomberg) The sell-off in global stocks that briefly looked to have ended mid-week has come back, tipping markets from the U.S. to Asia into declines exceeding 10 percent from their January highs. China, where retail investors dominate, got hit particularly […]
Hedge-Fund Investors Flock to Europe as Economic Woes Banished
(Bloomberg) Europe is suddenly the hot market for hedge-fund investment. After years of being overlooked, the continent is attracting capital from investors who want to take advantage of a recovering economy as the last effects of the euro-zone debt crisis […]
Bitcoin Reached Its Bottom as Crypto Funds Beat Hedge Funds, Says Digital Currency Investor
(CNBC) Bitcoin should return to peak levels in the next couple of weeks and will continue growing from there, said digital currency investor Dan Morehead. “There’s such an institutional appetite to get exposure to this,” said Morehead, who is founder […]
Fund Crashes After Wrong-Way Volatility Trade
(CNBC) The e-mail arrived in clients’ inboxes shortly after the market opened on Tuesday: “LJM strategies have suffered significant losses.” LJM Partners, a Chicago-based hedge fund with about half a billion dollars in assets, pinpointed the damage on spiking volatility, […]
This $12.5 Billion Macro Hedge Fund Is Totally Killing It
(Bloomberg) Jeffrey Talpins’s hedge fund Element Capital Management jumped 10 percent in January, extending gains from 2017 on the back of investments in equity and interest rate markets, according to a person with knowledge of the matter. The $12.5 billion […]
UBS to Focus Bonuses on Star Performers and Millennials
(Bloomberg) UBS Group AG’s investment bank allocated the biggest discretionary payouts to the highest revenue generators and younger employees as competition from other industries intensifies, according to people with knowledge of the matter. The strategy is in line with its […]
Jim Rogers Says Next Bear Market Will Be Worst in His Life
(Bloomberg) Jim Rogers, 75, says the next bear market in stocks will be more catastrophic than any other market downturn that he’s lived through. The veteran investor says that’s because even more debt has accumulated in the global economy since […]
Activist Sandell Calls On Booker To Secure Better Tesco Bid Terms
(Reuters) Activist investor Sandell Asset Management plans to oppose Tesco’s 3.7 billion pound ($5.2 billion) takeover of Booker Group unless the wholesaler secures a better offer from Britain’s biggest retailer. The New York based hedge fund said in a statement […]
Ackman’s Foe Herbalife Lobbies Congress to Curb Short-Sellers
(Fox Business) Shares of Herbalife are surging this year, but company executives are taking no chances against their old nemesis, hedge fund manager Bill Ackman, as they press legislation in Congress to make life much more difficult for investors who […]