Monthly Archives: March 2016
Investors Add to Hedge Fund Bets Amid Market Volatility
(Reuters) Investors pumped more money into hedge funds in March in seeking to shelter from the continued market volatility, data from hedge fund administrator SS&C GlobeOp showed.The SS&C GlobeOp Capital Movement Index, which calculates monthly hedge fund subscriptions minus redemptions […]
Aussie Rally Defies China Data As Hedge Funds Raise Bullish Bets
(Bloomberg) Australia’s dollar advanced to an eight-month high versus the greenback as a rally in global equities emboldened investment in higher-yielding assets.The Aussie rebounded after earlier declining on new signs of a slowdown in China, the South Pacific nation’s largest […]
China Burns Hedge Funds as $562 Million Yuan Bet Turns Worthless
(Harvest) Yuan trade became crowded in short term. Mandarins took the upper hand. Ackman and others burned. Crescat pivoted towards yuan proxies to deliver strong February performance. Crescat’s big picture yuan bear thesis still alive and well. To read this […]
Alpha is Not a Risk Management Technique
(Harvest) Investors often focus their analysis on benefits. In the finance industry, we’ve distilled this down to a single metric: alpha.Benefits and risk require separate analysis. Increasing benefits does not necessarily reduce risk or even leave it unchanged. In practice, […]
Top Hedge Fund Shorts Squeezed Like A Lemon In February
(Valuewalk.com) The biggest hedge fund shorts during February struck a sour note with portfolio managers as many found themselves squeezed right out of some of their top short positions. In fact, the fourth quarter 13F filings with the Securities and […]
New Cayman Islands LLC Structure Offers Flexibility To Hedge Fund Managers
(Hedge Fund Law Report) On December 18, 2015, Cayman Islands authorities published a bill for a new law that allows for the formation of Cayman Islands limited liability companies (Cayman LLCs). Similar to a Delaware limited liability company, the Cayman […]
Hedge Funds Score Tiny Gains in February
(Reuters) The average hedge fund posted tiny gains last month to beat the broader stock market index, according to new data released on Monday.Even so, investors and analysts said many of the most prominent funds were nursing heavy losses for […]
U.S. Hedge Fund Managers Pour Money Into 2016 Race (And Yes Trump Is A Factor)
(Yahoo News) Reuters reports major U.S. hedge fund managers are on pace this year to more than double the amount they gave in the 2012 election campaign, with independent fundraising groups backing Democratic presidential front-runner Hillary Clinton and Republican rival […]
Blackrock is Betting on Millennials to Help Fix The Market’s Biggest Weakness
(The Business Insider) What does a 25-year-old know about trading bonds? Maybe enough to help one investing giant solve a problem that Wall Street can’t seem to get its head around. BlackRock, which manages $4.6 trillion in assets, has a […]
America’s Biggest Hedge Fund Hires Steve Jobs Confidant
(New York Post) Ray Dalio, head of Bridgewater Associates, the country’s largest hedge fund, on Thursday hired as his new co-chief executive Jon Rubinstein, a former Apple executive who worked closely with Steve Jobs and helped invent the iPod….. To […]
Hedge Funds Look To Space With New China Economy Gauge
(Bloomberg) “What we have is an independent third look at the facilities in China.” Here’s the latest way to get a read on China’s economic pulse: view it from space. San Francisco-based SpaceKnow Inc. has launched the China Satellite Manufacturing […]
Judge Refuses to Toss Hedge Fund Owner’s Case
(Courthouse News Service) Forced to defend his inside-trading prosecutions, U.S. Attorney Preet Bharara must confront “grave allegations” that he knew an FBI raid that destroyed a multibillion-dollar hedge fund rested upon fabricated evidence, a federal judge ruled Thursday. Since his […]