Monthly Archives: March 2017

Hedge Funds Exit Emerging-Market Assets as Real Money Swoops In

(Bloomberg) Short-term investors are escaping emerging markets ahead of a likely U.S. interest-rate hike this week amid concern a strengthening dollar will undermine credit quality in developing nations. Meanwhile, longer-term investors have increased their exposure, pointing to equity and currency […]

Hedge Fund Brevan Howard Seeks Injunction to Block Reuters Story

(Reuters) Brevan Howard Asset Management, a British hedge fund, has sought an injunction to prevent Reuters publishing a story that the firm says is based on confidential information. A spokesman for Brevan Howard, one of Europe’s biggest hedge fund management […]

Carlyle Hires Schryber For Global Business Development Role

(FINalternatives) Global alternative asset manager Carlyle Group has named former First Avenue Partners executive Ben Schryber as a managing director in the firm’s New York office, where he will lead credit sales and business development efforts globally. To read this […]

Blackstone Chooses Luxembourg For Post-Brexit EU Hub

(FINalternatives) Blackstone has reportedly joined a number of global financial services companies to have chosen Luxembourg as the site for a European Union subsidiary following Britain’s vote to leave the EU, as companies without regulated operations within the bloc prepare […]

Hedge Funds See Strong Start to March, Says Lyxor

(Hedgeweek)The Lyxor Global Macro index outperformed during the first week of March, up 1.3 per cent.More generally, it was a strong start to the month for hedge funds, according to Lyxor’s latest Weekly Brief. The Lyxor Hedge Fund Index was […]

Oil Prices Drop as Hedge Funds Head For The Exit

(Reuters) Hedge funds and other money managers had barely started liquidating their record bullish position in crude oil futures and options before prices tumbled on March 8. The critical question is how much more of the position will need to […]

Ackman Dumps Valeant Stake Hours After Being Squeezed on Herbalife

(New York Post) Bill Ackman screamed “uncle” on one of his worst bets ever — while getting squeezed by Carl Icahn on his second-worst bet. The New York tycoon behind Pershing Square Capital Management on Monday announced that he has […]

Barnegat Fund starts 2017 strong, up 5.7% through February

(Opalesque) Komfie Manalo, Opalesque Asia: The Barnegat Fund, the hedge fund run by Bob Treue has started the year off to a good start. The fund was up 2.2% in February and up 5.7% for the first two months of […]

The Continuing Evolution of Volatility Trading

(Harvest) The short history of volatility trading in the CTA space goes something like this: In the beginning, there were simple option selling strategies that sold out of the money calls or puts once a month until something bad happened… […]

Digging Deeper for Municipal Bond Income

(Harvest) There’s a lot of uncertainty today for municipal bond investors: how do you hang onto the income you have in the face of rising rates and the potential for tax reform, and where should you look for more? To […]

Executives Charged With Manipulating Company’s Accounting Systems to Steal Money

(HedgeCo.NET) The Securities and Exchange Commission today charged two former executives with masterminding a fraudulent scheme to steal millions of dollars through phony expense reimbursements, inflated invoices, and other improper accounting tactics. The SEC’s complaint alleges that iPayment’s then-senior vice […]

Wall Street Nearly Unanimous On U.S. Rate Hike Next Week

(FINalternatives) Wall Street’s top banks were nearly unanimous on the view the Federal Reserve will increase interest rates at its policy meeting next week following a stronger-than-forecast February U.S. payrolls report, a Reuters poll showed on Friday. To read this […]