Monthly Archives: March 2016
The Falling Knife: Can Investors Time the Distressed Cycle?
(Harvest) This is an exciting time to be investing in distressed situations! The market is currently providing us with more distressed opportunities than at any time since the 2008 financial crisis. Furthermore the longer-term prospects for this asset class are […]
How Hedge Funds Can Mitigate FIN 48 Exposure in Europe
(Hedge Fund Law Report) Funds that invest in foreign securities face a host of tax issues ranging from withholding on interest, dividends and capital gains to evaluating the fund’s exposure under FASB Interpretation No. 48, Accounting for Uncertainty in Income […]
Hedge Funds – Should they be Registered?
(Harvest) Hedge funds are trendy, and therefore popular investment vehicles. Most hedge funds in the marketplace today are erroneously named and marketed. A hedge fund is a pooled investment where the manager of the pool of funds is utilizing some […]
Hedge Fund Paloma to Take in New Cash, Eyes Quant Trading
(Reuters) Paloma Partners, a $4-billion hedge fund that has spent much of the last three decades politely turning away would-be investors, is opening its doors, if only a crack to newcomers, three people familiar with the fund’s plans said.With fresh […]
Why Hedge Fund Pain Could Mean Stock Market Gains
(CNBC) Investors are getting caught paddling upstream, and as they turn their bearish boats around, the tide will continue to rise for stocks, argues Tom Lee of Fundstrat Global Advisors.”Investors are offsides right now,” Lee said Friday on CNBC’s “Trading […]
This Hedge Fund Left Decisions to a Computer – and Made 19%
(Bloomberg) For Kyo Yamamoto, leaving investment choices to a computer rather than making his own calls has been the best strategy as unorthodox global monetary policies only worsen market volatility. Right now, the machine says sell Japan government bonds. GCI […]
Market Neutral Funds Post Modest Gains in February
(Daily Alts) The 68 mutual funds and ETFs in the market neutral category averaged modest gains of 0.08% in February while flows to the category turned positive for the first time since September 2014. The Vanguard Market Neutral Fund (VMNIX) […]
Hedge Funds’ Leverage Should be Kept in Check – ECB’s Constancio
(Reuters) The amount of leverage taken on by private equity and hedge funds should be kept under control as it has the potential to jeopardise the stability of the European financial system, the European Central Bank’s vice-president said on Monday.”First, […]
Bond Hedge Funds See `Worst Quarter in History,’ Loomis Says
(Bloomberg) It is going to be a really, really bad quarter for some U.S. hedge funds that invest in fixed-income securities, and waning market liquidity has a lot to do with it, according to Dan Fuss, vice chairman of Loomis […]
More Hedge Funds Shuttered Than Opened During 2015 Turmoil
(Bloomberg) Hedge-fund shutdowns outnumbered startups last year for the first time since 2009, according to data firm Hedge Fund Research, as the global industry contracted amid market volatility.In the last quarter, 305 funds closed compared with 257 a year earlier, […]
Pershing Square May Be Cut to Cusp of Junk by S&P on Valeant
(Bloomberg)Pershing Square Holdings Ltd., the publicly traded security of Bill Ackman’s activist hedge fund, may have its ratings cut by Standard & Poor’s, after a plunge in Valeant Pharmaceuticals International Inc. eroded its net asset value over the past five […]
Odey’s Hedge Fund Said to Plummet 22% in First Half of March
(Bloomberg) Crispin Odey’s main hedge fund lost 22 percent during the first 14 days of March and is on course to record one of its worst monthly performances, according to two people with knowledge of the matter. The loss leaves […]