Monthly Archives: February 2018
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 […]
Watch Hedge Fund Billionaire Leon Cooperman Count the Ways President Trump Is Like Reagan
(CNBC) Billionaire investor Leon Cooperman told CNBC on Wednesday that the best way to judge President Donald Trump is to compare him to Ronald Reagan. “I kind of contrast Donald Trump with Ronald Reagan,” Cooperman, chairman and CEO of the […]
Blockchain Project Raises $61m from Andreessen Horowitz, US Hedge Fund
(Reuters) A non-profit organization that wants to develop a more decentralized internet using blockchain has raised $61 million in funding from U.S. venture capital firm Andreessen Horowitz and hedge fund Polychain Capital, it said on Wednesday. DFINITY Stiftung wants to […]
What were the chances? US stock selloff sinks Probabilities Fund among others
(Reuters) The Probabilities Fund was supposed to take some of the risk out of the stock market. The $81.2 million mutual fund, backed by an eponymous firm based in San Diego, aims to have a double leveraged position in the […]
SEC Halts Ongoing Fraud by Purported Hedge Fund Manager
(HedgeCo.Net) The Securities and Exchange Commission has charged a purported hedge fund manager in New York City with a brazen offering and investment adviser fraud thereby putting an end to an ongoing scheme. The SEC alleges that, since at least […]
Volatility Spike Boosts US Options Hedging Activity
(Reuters) Wall Street’s “fear gauge” notched its biggest one-day jump on Monday in over two years, as U.S. stocks slumped and investors took to the options market in search of protection against a further slide in equities prices. Stocks slid […]
BlackRock Warns Of Risk As Inverse Volatility Products Sink
(Reuters) BlackRock Inc, the world’s largest asset manager, warned of the risk of so-called inverse Exchange-Traded Products (ETPs) following Monday’s steep decline in financial instruments that bet against wild downward swings in the markets. Monday’s stock market rout left two […]