Monthly Archives: March 2016
ValueAct Pays a Price for Its Supporting Role at Valeant
(New York Post) Sure Bill Ackman gets a lot of ink and a lot of criticism as one of the largest investors behind the crisis-ridden Valeant Pharmaceuticals. But another activist investment firm with a much larger role in Valeant’s activities […]
Liquid Alts Outperformed Hedge Funds in Tough 2015
(Daily Alts)Liquid alternatives struggled in 2015, but few asset classes didn’t. Excluding the “FANG” stocks – Facebook, Amazon, Netflix, and Google – even the S&P 500 lost ground last year, and while most liquid alts categories posted losses, every strategy […]
Steve Gerbel Explains How to Manage Merger Arbitrage Risk
(Daily Alts) In this video, Steve Gerbel explains merger arbitrage by making an analogy to air travel: “They say the safest place for an airplane is in the hangar, but that’s not what airplanes are for,” he says. When we […]
Real Investment Adviser Sold Some Fake Investments
(BloombergView) There are a lot of creative and amusing investment frauds in the world, but there is one great simple investment fraud, one original source from which all the others developed:Tell people that you have a risk-free investment that will […]
Hedge Funds Pumped Up Silicon Valley. Now They’re Pulling Out
(Bloomberg) In recent months, venture capital firms and mutual funds have become choosier about which technology startups they’re prepared to back. Now hedge funds, after helping push valuations to dot-com-era heights, are getting more picky, too. Last month, hedge funds […]
Spinnaker Capital EM Specialist Wickens Starting Own Hedge Fund
(FINalternatives) Spinnaker Capital managing director Bradley Wickens is leaving Spinnaker Capital to form his own company. Wickens is a portfolio manager and founding member of the London-based company’s management team. Spinnaker manages approximately $1.7 billion focused primarily on emerging markets, […]
Apple Shares Are One Reason Hedge Funds Lag Mutual Funds In 2016
(Reuters) Hedge funds may have taken too big a bite of Apple Inc (AAPL.O).Shares of the iPhone maker are one of the biggest bets among hedge funds, with 47 of them listing Apple among their ten largest holdings as of […]
How A Startup Uses Twitter to Make a Hedge Fund Perform Better
(Forbes) A new London startup is using alternative data sources to provide a boost to financial managers. Eagle Alpha is taking information and large data sets from a variety of sources ranging from posts on Twitter to collections of satellite […]
Hedge Fund Goes Nuclear on Yahoo Board
(Hartford Business News) Yahoo’s biggest adversary just showed Marissa Mayer its nuclear option. Making good on its threats, hedge fund Starboard Value called for the removal of Yahoo’s entire nine-member board on Thursday. The move is a significant escalation in […]
Hedge Fund Fraud Prodigy Going Away For A While
(Dealbreaker.com) Having learned at the feet of one of the all-time greats, Raj Rajaratnam, in his early 20s, Owen Li was prepared to succeed well beyond his tender years when he decided to hang out his own shingle as a […]
Hedge Fund Invasion of U.S. Treasuries Puts Bond Traders at Risk
(Bloomberg) Hedge funds are crowding into U.S. Treasuries, and that has bond traders bracing for more turbulence.While the Federal Reserve doesn’t break out hedge-fund ownership, a group seen as a proxy increased its holdings to a record $1.27 trillion in […]
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HedgeCoVest, the 2015 Benzinga Fintech “First Place Winner” and “Best in Class” for Alternative Investments, is continuing to lead the way in the democratization of alternatives for RIAs. HedgeCoVest provides the security and intra-day liquidity of SMAs, with the additional benefits […]