Monthly Archives: March 2017
Kensington Wealth Advisors LLC Investment Strategies Offered on HedgeCoVest Platform
Kensington Wealth Advisors, LLC, a registered investment advisor, has teamed up with HedgeCoVest LLC to add Kensington’s Strategic Corporate Income Strategy to the HedgeCoVest Managed Accounts Platform and the SMArt Xchange (‘SMArtX’), a unified managed accounts platform available exclusively to […]
For Better and Worse, Ackman’s Still Betting Against Herbalife
(Bloomberg) Last summer, shortly after Herbalife agreed to settle allegations of deceptive practices by paying $200 million and agreeing to overhaul its business model, Bill Ackman sent me a link to the settlement with a short note. “Please give this […]
This Struggling Hedge Fund Hopes Trump Will Revive its Fortunes
(Bloomberg) Toshihiro Hirao, whose Japan hedge fund posted its biggest decline ever last year, sees relief ahead as he expects President Donald Trump’s policies to boost Japanese equities by the most in three years. Hirao, 52, who runs the Asuka […]
Hedge Fund Citadel Joins Industry’s Standard-Setting Body
(Reuters) Hedge fund giant Citadel on Wednesday became the latest U.S. investment firm to join the Hedge Fund Standards Board, the industry’s global standard-setting body said in a newsletter. The London-based group said hedge fund managers Citadel plus Bermuda-based Hiscox […]
Management Shake-Up at Bridgewater as Dalio Drops Co-CEO Role
(Reuters) The world’s largest hedge fund manager, Bridgewater Associates, is once again changing its leadership structure, according to a note posted on LinkedIn Wednesday. Billionaire firm founder Ray Dalio will no longer serve as co-chief executive officer of the Westport, […]
Beachhead Capital Management’s Equity Hedge Dynamic Beta LO Strategy Selected for the SMArt Xchange
(HedgeCo.Net) – Beachhead Capital Management’s (“Beachhead”) long only, ETF-based, model-delivery Equity Hedge Dynamic Beta investment strategy has been selected for inclusion on the SMArt Xchange (‘SMArtX’), a collaboration between HedgeCoVest LLC and SS&C Advent, part of SS&C Technologies (NASDAQ: SSCI). SMArtX is a next […]
Reuters Poll: Allocations Steady in February As U.S. Managers Adopt Wait-And-See Approach
(Reuters) – U.S. fund managers made no significant changes to their recommended model global portfolio in February, instead waiting for clearer signs on the world economy and follow-through on President Donald Trump’s policy proposals, a Reuters poll found. Global equity […]
Hawkish Fed Rhetoric Shifts Market Expectations Of Rate Hike Timetable
(Reuters) – A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too long in the face of pending economic stimulus […]
The Top Hedge Funds of 2016 Share Their Best Bets for This Year
(Bloomberg) A global depression caused by a trade war. An overhaul of health care. Rising inflation and deregulation. To find out what hedge fund managers are looking out for in 2017, we asked several who topped Bloomberg’s 2016 global ranking […]
HSBC Gags Some Analysts on Politics as Banks Clam up
(Reuters) Major banks are clamping down on market analysts talking publicly about politics for fear of appearing to take sides, with HSBC taking its main global currencies commentator off air in an intensification of the crackdown. Currency strategists at HSBC’s […]
Hedge Funds are Cutting Their Fees
(Reuters) Investors disappointed by hedge funds’ poor returns and managers eager to pull in fresh money are seeing eye to eye: the industry’s once-hefty fees are being rolled back. Two separate global surveys suggest that nearly three-quarters of investors and […]
Brevan Howard Listed Macro Fund Avoids Wind-down After 48 Pct Tender Take-up
(Reuters) Brevan Howard’s London-listed hedge fund BH Macro Limited said 48 percent of investors took up an offer to exit the fund on Friday, meaning it will avoid a wind-down. In November, the company offered to buy back all BH […]