Monthly Archives: April 2016
US Corn Data Catches Hedge Funds by Surprise
(Agrimoney.com) Hedge funds showed some poor timing in the corn markets, by selling shorts ahead of last week’s big sell-off, while speculators are still pumping up the size of their net-long on sugar, data from the Commodity Future’s Trading Commission […]
Hedge Funds aren’t Wavering on Gold Price Rally
(Mining.com) Equities, yields, oil, the dollar and gold were all in pull-back mode on Monday as the metal failed to capitalize on renewed worries about US and global economic growth. Traders in gold futures in New York pushed gold for […]
Hedge Fund Manager Ordered to Pay $81 Million in Ponzi Case
(Bloomberg) A Connecticut hedge fund manager must surrender almost $81 million in profit from aiding Thomas Petters’s $3.5 billion Ponzi scheme, an appeals court ruled. Marlon Quan concealed evidence of the Petters fraud, partly by engaging in $187 million in […]
NYC’s Largest Hedge Funds squeak out Quarterly Gain; The 10022 Zip Code Dominates
(Hedgetracker) The Top New York Hedge Funds overcame a tough quarter by squeaking out a 0.3% gain. This past quarter’s positive performance was driven by an elite group of 29 hedge funds who all saw their assets increase by more […]
Raoul Pal Called 2015, Hear His 2016 Forecast
(Harvest) Raoul Pal’s calls on the 2015 strong dollar, crash in oil prices, fall in emerging markets, the fall in junk bonds and devaluation of the Renminbi all occurred throughout 2015. In this in-depth Real Vision interview Raoul shares his […]
How Starboard Value has shaken up Corporate America
(Quartz) Making good on an earlier threat, Starboard Value is soliciting support from Yahoo shareholders to replace the company’s entire board of directors with nine nominees of its choosing….Starboard has already successfully pressured Yahoo to abandon its planned spinoff of […]
Hedge Fund Invasion of U.S. Treasuries Puts Bond Traders at Risk
(Bloomberg) Hedge funds are crowding into U.S. Treasuries, and that has bond traders bracing for more turbulence. While the Federal Reserve doesn’t break out hedge-fund ownership, a group seen as a proxy increased its holdings to a record $1.27 trillion […]
How to Manage Merger Arbitrage Risk
(Daily Alts) In this video, Steve Gerbel explains merger arbitrage by making an analogy to air travel: “They say the safest place for an airplane is in the hangar, but that’s not what airplanes are for,” he says. When we […]
Liquid Alts Outperformed Hedge Funds in Tough 2015
(Daily Alts) Liquid alternatives struggled in 2015, but few asset classes didn’t. Excluding the “FANG” stocks – Facebook, Amazon, Netflix, and Google – even the S&P 500 lost ground last year, and while most liquid alts categories posted losses, every […]
Liquid Alts Working as Designed Amidst Market Decline
New York (HedgeCo.net) – The S&P 500 in 2016 will go down on paper as one of the worst starts to any year in history. While January and February month end totals just released are nothing to write home about, […]
Ex-Madoff Aides Accuse US Of Misconduct In 2nd Circ. Appeal
(Law360.com) Five former employees of Bernie Madoff’s securities firm asked the Second Circuit on Tuesday to overturn their convictions and prison sentences stemming from the epic Ponzi scheme, saying that prosecutors had made racially charged remarks at trial and withheld […]
Everest Re Hires Zurich’s Kerner to Head Risk-Management Team
(Bloomberg) Everest Re Group Ltd. hired Michael Kerner, who previously led Zurich Insurance Group AG’s general-insurance unit, to head the strategy and risk-management team as the Bermuda-based reinsurer reshapes management. Kerner will be an executive vice president, Everest Re said […]