Monthly Archives: April 2019
Credit Investors Are All Swagger as Doubt Plagues Equities
(Bloomberg)In the great market rebound of 2019, not all rallies are created equal.The best start to a year for U.S. stocks since 1987 is plagued by doubt, seen in seemingly relentless outflows, rising premiums for the safest shares and smart-money […]
Wall Street’s Favorite Former Congressman Jeb Hensarling Apparently Gets Lost In Revolving Door, Ends Up At UBS
(Dealbreaker) We were under the assumption that you were supposed to reward yourself for serving special interests in Congress. To read this article:
Hedge fund returns YTD best since 2012, says eVestment
(HedgeWeek)Hedge funds gained an average of +0.87 per cent in March, the third consecutive month of positive returns, following a five-month string of aggregate declines, according to the March eVestment hedge fund performance data. The Q1 2019 year to date […]
New Hedge Fund Report Finds Strong Performance in Q1 2019
(Evestment) Hedge funds gained an average of +0.87% in March, the third consecutive month of positive returns, following a five-month string of aggregate declines, according to the March eVestment hedge fund performance data. The Q1 2019 year to date (YTD) […]
Former Woodbridge Directors of Investment Charged With Fraud
(HedgeCo.Net) The Securities and Exchange Commission today charged two former directors of investments at Woodbridge Group of Companies LLC for their roles in its massive Ponzi scheme. The defendants, California-based Ivan Acevedo and Dane R. Roseman, were separately arrested and […]
Hedge fund returns YTD best since 2012, says eVestment
(Hedgeweek) Hedge funds gained an average of +0.87 per cent in March, the third consecutive month of positive returns, following a five-month string of aggregate declines, according to the March eVestment hedge fund performance data. To read this article:
Renaissance Explores Settlement as IRS Seeks Billions in Taxes
(Bloomberg) Hedge fund giant Renaissance Technologies is in talks to resolve a dispute with the Internal Revenue Service over a tax maneuver that saved its owners billions of dollars. James Simons, the firm’s billionaire founder, and Robert Mercer, an influential […]
New CQS Fund Veers from Mainstream for Returns
(Bloomberg) What’s the best recipe for making money after a huge global equities rally? One bet is to ignore the lures of a herd mentality. “We’re allergic to fashionable stocks. I’ve never been invested in Apple, Facebook, Netflix,” Raphael Pitoun, […]
Market Gains Push Man Group Assets Up 3.5 Percent in First Quarter
(Reuters) British hedge fund firm Man Group said on Thursday that investment gains pushed its funds under management up to $112.3 billion (£85.8 billion) in the first quarter from $108.5 billion at the end of December. Man Group said positive […]
The Liquidity ‘Illusion’ Has These Funds Making Plans for a Stock Doomsday
(Bloomberg) A small band of humans is taking up arms against the rise of the machines. Fund managers who ride big sell-offs in stocks are relishing fresh Wall Street warnings that robots and the like are leaving the bull market […]
Czech Billionaire Accused of $1 Billion Fraud by New York Hedge Fund
(Bloomberg) A Czech billionaire described as the largest commercial property landlord in Berlin was sued in the U.S. for allegedly defrauding a New York hedge fund and a Czech investment firm of more than $1 billion. To read this article:
2 Hedge Fund Firms Sue Kentucky Retirement Systems
(Pensions & Investments) Blackstone Alternative Asset Management and Prisma Capital Partners filed separate lawsuits this week against the $18 billion Kentucky Retirement Systems, Frankfort, and its board, alleging breach of contract connected to an earlier lawsuit against those firms and […]