Monthly Archives: February 2018

(Bloomberg) After a cohort of hedge fund veterans called it quits last year, a trio of established managers are prepping to fill their shoes in 2018 by starting firms with at least a billion dollars apiece. Daniel Sundheim, who until […]

(The Business Insider) Folger Hill Asset Management’s flagship fund returned 2.65% last year compared to a 21.8% gain in the S&P 500…..the hedge fund started by billionaire Steve Cohen’s former chief operating officer Sol Kumin, says its underperformance is “not […]

(Bloomberg) Jeff Altman’s Owl Creek Asset Management is pushing Brunswick Corp. to spin out its fitness business after building an activist stake in the company, which also makes boats and billiards tables. “Brunswick stakeholders would benefit significantly from a spinoff […]

(Bloomberg) Swedish hedge fund Brummer Nektar is now shorting the dollar, anticipating a “strong momentum in the short run,” said Patrik Olsson, chief investment officer at the fund, which manages about 25 billion kronor ($3 billion) from London, Stockholm and […]

(FINalternatives) Hedge funds gained again last week as CTAs outperformed and equity weightings were increased, according to the latest edition of Lyxor Asset Management’s Weekly Brief. To read this article:

(FINalternatives) Booming investor confidence drove net sales of equity-oriented UCITS funds to a record in November, according to the most recent data from the European Fund and Asset Management Association, as total UCITS/AIF assets reached €15.66 trillion. To read this […]

(Bloomberg) Fidelity Investments is lowering online commissions for trading in U.S. stock and exchange-traded funds by nearly 40 percent, to $4.95 from $7.95 a trade for individual investors. The nation’s largest online retail brokerage firm, with 17.9 million accounts and […]

(Reuters) – Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Friday he expects the yield on the benchmark 10-year U.S. Treasury note to drop below 2.25 percent as global investors seek safety. “There is a stealth flight to safety […]

(Reuters) – Billionaire investor Wilbur Ross easily won confirmation as U.S. commerce secretary on Monday, clearing President Donald Trump’s top trade official to start work on renegotiating trade relationships with China and Mexico. The U.S. Senate voted 72-27 to confirm […]

(Reuters) For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position. Hedge funds and other money managers have purchased a record number of futures and options contracts […]

(Reuters) Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor’s firm and a source familiar with his plans said that he is exploring launching his own hedge fund. At the same time Vincent […]