Monthly Archives: March 2019
Northern Trust Asset Management and MFG Asset Management form strategic partnership for Japan
(HedgeWeek) Northern Trust Asset Management has named Magellan Asset Management Limited (MFG Asset Management) as a sub-adviser to the recently launched Anchor MFG Global Equity Fund. To read this article:
Hedge Fund Elliott Combats Hyundai, and South Korea’s Corporate Culture
(TheStreet) Badly burned by engines that set fire, and under fire from hedge-fund veteran Paul Singer, Hyundai Motor finds itself under attack on all sides. The Hong Kong arm of Elliott Management on Monday laid out to the public its […]
Carl Icahn’s Comeback: The Raider Rebounds After a Tough Stretch
(Forbes) Carl Icahn has been shaking up Wall Street for decades, but for the last few years the legendary trader looked a little lost in the markets. His investment fund lost money for three straight years, including back-to-back annual losses […]
Online Boom Delivers Big Returns for Central European Warehouses
(Reuters) Online retailers racing to build warehouses in central Europe are propelling the region’s real estate market to new heights and Asian investors on the hunt for higher yields are getting in on the act. Short distances to customers in […]
Lipper: Why Alt Strategies Don’t Work for Long-term Investors
(Citywire) Investment survival and successful investing are often in conflict. This age-old quandary is facing us now. We instinctively know that losing money does not promote successful investing.This thinking is captured in the first two great rules of investing: ‘Don’t […]
Hedge Fund Manager Dan Niles Says He Went Short on Netflix Shares ‘Very, Very Recently
(CNBC) Dan Niles, founding partner at AlphaOne Capital Partners, just started shorting Netflix, he told CNBC on Tuesday.“Netflix was actually one of our best profit generators last year on the short side. A lot of this is timing … we […]
Hedge Fund Can’t Support CEO of Victoria’s Secret Parent Suggests Splitting Roles
(New York Post) Les Wexner, the man behind the Victoria’s Secret Angels, is holding the beleaguered bra-maker back. That was the message of a seven-page letter to Victoria’s Secret parent company L Brands Tuesday by hedge fund Barington Capital. To […]
Tikehau Capital Doubles AUM in Two Years, Expands to New York
(Opalesque) Paris-based Tikehau Capital reported total AUM of over $22bn as of Dec. 31, 2018 – more than doubling its AUM within two years. The alternative asset manager focuses on private debt, real estate, private equity and liquid strategies.Tikehau, had […]
When Markets Turn Choppy, These Stocks Will Be the First Ones Hedge Funds Bail On
(CNBC) When hedge funds race for the door, don’t get left holding the bag.This is the advice from Jefferies’ equity strategist Steven DeSanctis, who warned investors of the darling stocks the most active funds own. As those high-turnover hedge funds […]
SEC Obtains Final Judgment Against Former Broker for Defrauding Customers
(HedgeCo.Net) A federal district court has entered a final consent judgment against a broker who was charged with defrauding customers by making unsuitable and unauthorized trades and churning customers’ accounts that enriched the broker at the customers’ expense. The SEC’s […]
Fast-growing liquid alts asset class still needs to prove its worth, says Morningstar study
(Hedgeweek) Morningstar has released a new report, Cross-Border Liquid Alternative Fund Landscape 2019, showing how the landscape for this fast-growing asset class has developed and transformed in the past decade, and what challenges lay ahead for investors and fund selectors […]
Hedge Funds disagree on the EM rally, says Lyxor
(Hedgeweek) Emerging markets (EM) L/S Equity strategies remain cautious regarding the sustainability of the rally in EM assets, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article: