Monthly Archives: April 2016
The Hedge Fund Manager Betting Soros Is Wrong About China
(Bloomberg) Bob Bishop, who once ran investments for billionaire George Soros, is betting his former boss is wrong about China. The world’s second-biggest economy has had its hard landing and is on its way up, according to Bishop. Rising infrastructure […]
Calamos Launches Single Manager Global Long/Short Fund
(Daily Alts) Calamos Launches Single Manager Global Long-Short FundWhile not new to the liquid alternatives market, Calamos is in the market with a new long/short fund that is an outgrowth of its September 2015 acquisition of Phineus Partners, a San […]
Commodity Hedge Funds Are Hot Again
(Wall Street Journal Interactive) The market investors couldn’t wait to get out of a year ago is the one they’re rushing into in 2016. Commodity hedge funds netted more investor cash in the first quarter than any other type of […]
How the Day of the Week Affects Stock Market Anomalies
(Harvest) This paper documents a new empirical fact. Long-short anomaly returns are strongly related to the day of the week. Anomalies for which the speculative leg is the short (long) leg experience the highest (lowest) strategy returns on Monday. The […]
Performance and Story-telling – A Good Due Diligence Combination
(Harvest) One of the most perplexing and important issues for any hedge fund investor is manager due diligence. Investors have gotten very good at operational due diligence in the post-Madoff era, but the same cannot always be said about skill […]
Obscure Chinese Hedge Fund Is Making Big Enemies in Stock Market
(Bloomberg) Activist investing isn’t a thing in China. It’s culturally frowned upon to be that confrontational. Liang Jian, a journalist-turned-hedge-fund manager, is on a mission to change that. Not that Liang, or Nick as he’s known in international circles, would […]
Hedge Fund Investor Aurora to Shut Down
(Reuters) Aurora Investment Management LLC, the hedge fund investment firm founded in 1988 and owned by Natixis Global Asset Management, is shutting down, a Natixis spokesman said in a telephone interview with Reuters. “After considering a range of strategic alternatives, […]
Hedge Funds Buy Grains at Fastest Rate in Six Years
(Agrimoney.com) Hedge funds ramped up their bullish bets in grains by the fastest pace in six years last week, data shows. Managed money, a proxy for speculators, boosted its s its net long position in futures and options in the […]
Hedge Fund Net Outflows in First Quarter Slow to Nearly Half the Previous Quarter
(Evestment.com) Hedge funds in aggregate experienced net outflows in the quarter ended March 31, but they were close to half the rate experienced in the last quarter of 2015, new data from eVestment showed. Industrywide net outflows in the first […]
Hedge Funds Aren’t Wavering on Gold Price Rally
(Mining.com) On Monday, gold was trending higher thanks to a weaker dollar ahead of a US Federal Reserve meeting where investors would look for clues of the timing of only the second interest rate hike in a decade. In cautious […]
Incorporating Alternatives Into Traditional 60/40 Portfolios
(Daily Alts) Incorporating Alternatives Into Traditional 60-40 PortfoliosIn its recently released white paper “Finding a New Balance with Alternatives,” BMO Global Asset Management (“BMO GAM”) makes the case for incorporating alternative investments within traditional “60/40” portfolios. More specifically, BMO GAM […]
3 Stocks Last Year’s Top Billionaire Hedge Fund Managers Are Buying Now
(Motley Fool) NXP Semiconductor, Macy’s, and Cheniere Energy have been on the buy lists of some prominent names in the hedge fund industry — here’s why. By no means are hedge fund managers perfect at their jobs, but some are […]