Monthly Archives: February 2018
CITI: There’s a ‘Clear Winner’ for Investors Who Want to Cash In on the Market’s Biggest Fear
(The Business Insider) “One asset class stands out as a clear winner under the assumptions of reflationary macro backdrop,” Hale said. “Commodities outperform on both absolute annualized returns and a Sharpe ratio basis relative to all other fixed income and […]
Paul Singer Seems Serious About Getting What He Wants Before Rupert Murdoch Gets What He Wants
(Dealbreaker) Elliott Management chief Paul Singer can be a patient man. He can be methodical and philosophical in getting what he wants, even if it takes 13 years. He can wait seven for vindication over VW. And he gave Hess […]
View From a CIO: Absence (Of Market Volatility) Made The Heart Grow Fonder
(Harvest) Low volatility has been a feature of the U.S. equity market for several years. The absence of significant volatility and the surge in the S&P 500 Index drove investor sentiment to very high levels in 2017. Last year the […]
Seeing the Big Picture in Market Corrections
(Harvest) Recently, we’ve seen equity markets pull back amid concerns that rising rates, inflation and slower growth could erode profitability for companies. On Monday, February 5th, the US equity market experienced a sudden bout of volatility. The Dow Jones Industrial […]
Macro Hedge Funds Rediscover Their Mojo
(Bloomberg) Hedge funds that try to earn a crust from speculating on the market impact of shifts in the economic and political background have starved in recent years. But the global macro gang is back. To read this article:
Hedge Funds Dug Into Stocks Right Before the Market Went Mad
(Bloomberg) You didn’t have to be some dad with an E*Trade account or an ex-manager for Target Corp. shorting the VIX to get burned. The smart set took its lumps in the downdraft, too. Days before the S&P 500 Index’s […]
Hedge Fund Industry Booms in Brazil as Investors Take More Risk
(Bloomberg) The hedge fund industry in Brazil had its best year ever in 2017, with falling interest rates and investor confidence spurring expectations the trend will continue. Brazilian “multi-market funds,” similar to global hedge funds, posted net inflows of 97 […]
Hedge Funds Had Best Returns in Seven Years Before Turmoil
(Bloomberg) Hedge funds recorded their strongest monthly gains in more than seven years in January, before turmoil shook global markets this month. Funds gained an average 2.7 percent last month on an asset-weighted basis, according to Hedge Fund Research. That’s […]
Volatility Means Trend Is No Longer the Hedge Fund’s Friend in 2018
(Reuters) Trend-following hedge funds were stopped in their tracks by global market volatility this week, with some giving up all of their gains from a stellar start to the year. Investors locked into steady moves had enjoyed strong gains as […]
A hedge fund manager who makes a killing when stocks go haywire told us there’s about to be a market avalanche
(The Business Insider) Feedback loops hidden within the structure of global markets are creating the conditions for an “avalanche” in equities, Jerry Haworth, CEO of London-based hedge fund 36 South, said in an interview. “I think the market is structurally […]
Lawsuit Claiming Citi Ran ‘Boys Club’ Dismissed by US Judge
(Reuters) A federal judge in Manhattan on Tuesday dismissed a lawsuit by a fired Citigroup Inc financial adviser who said the bank’s “culture of gender discrimination” made it clear that “the boys were in charge. To read this article:
Kodak Shares Are Headed to Zero, Short Selling Hedge Fund Says
(Bloomberg) Blockchain has the potential to solve a lot of problems, but copyright infringement in the photography industry — the issue Eastman Kodak Co. has said it’s tackling — isn’t one of them, according to one short seller. Kerrisdale Capital […]