Monthly Archives: April 2017
Quantopian Makes First Allocations to Crowd-Sourced Algo Strategies
(FINalternatives) Online investment algorithm platform Quantopian has begun allocating the $250 million in capital received last fall from Steven Cohen’s Point72 Asset Management.Investments range from $100,000 to $3 million, the firm said in a statement, and went to the 15 […]
Brevan Howard Hedge Fund Fell in March to Erase 2017 Gains
(Bloomberg) Brevan Howard Asset Management’s flagship hedge fund lost 2.85 percent in March, erasing all of its gains from the start of the year, according to an investor letter seen by Bloomberg News. The decline means the Brevan Howard Master […]
Hedge Fund Tiger Global is Making a Major Bet on Billionaire Leon Black
(Forbes) Hedge funds are losing billions in assets amid flagging performance and investor angst over high fees. Amid this money sinkhole, private equity giants like Blackstone Group, Apollo Global, KKR & Co. and Carlyle Group used 2016 to draw in […]
Big Short Hedge Fund Bets Big Time On Wood Group and Amec Deal
(The Standard) A US hedge fund is seeking to profit from the Wood Group takeover of Amec Foster Wheeler after placing a complex two-way bet on deal. Magnetar Capital, which helped to inspire the Oscar-nominated Hollywood blockbuster The Big Short, […]
Despite Plans To Reduce Exposure Investors in Asia-Pacific Remain Upbeat About Hedge Funds
(Opalesque) Opalesque Industry Update: Hedge fund investors in Asia-Pacific are mixed on their future allocations to the asset class, but remain more positive about the industry compared to investors in other regions. In November 2016, a survey conducted by Preqin […]
There Has Been a Shake-Up in Trading at The World’s Largest Hedge Fund
(The Business Insider) There’s a whole lot of shaking going on in the trading department at Bridgewater Associates, the world’s largest hedge fund. Jose Marques, head of trading at the firm, is in the process of leaving the firm…. To […]
Bridgewater’s Pure Alpha II, All Weather Funds Gain In First Quarter of 2017
(FINalternatives) The flagship macro fund at Ray Dalio’s Bridgewater Associates reportedly extended gains from last year during the first quarter, further illustrating the budding renaissance underway in the macro fund space. To read this article:
APAC Investors More Upbeat About Hedge Funds Than Regional Counterparts
(FINalternatives) Investors in Asia remain more upbeat about hedge funds than their counterparts in other parts of the world despite plans to reduce allocations in the short-term, according to research from industry data provider Preqin. To read this article:
3 Investing Themes For The Second Quarter
(Harvest) Reflation is going global as the second quarter of 2017 begins. Global growth expectations are on the rise—and we see room for more upside surprises. Our BlackRock GPS —which combines traditional economic indicators with big data signals such as […]
Leon Cooperman Seeks Appeal that Could End SEC Insider Trading Case
(Reuters) The billionaire hedge fund manager Leon Cooperman has asked a federal judge for permission to immediately appeal a ruling that, if overturned, could spell the end of the U.S. Securities and Exchange Commission’s insider trading case against him. Cooperman […]
Dalio’s Pure Alpha II Hedge Fund Gains 2.3% in First Quarter
(Bloomberg) Bridgewater Associates, the world’s biggest hedge fund, extended gains in its main macro strategy in the first three months of the year. Ray Dalio’s Pure Alpha II returned 2.3 percent this year through March, according to people familiar with […]
MGM to Take Full Ownership of Epix in $1 Billion Deal
(Reuters) MGM Holdings Inc said it would acquire the 81 percent of premium U.S. channel Epix it does not already own from two of its partners, Viacom Inc and Lionsgate Entertainment Corp, for about $1 billion.The deal is expected to […]