Monthly Archives: April 2019
Hedge Fund Beatings to Continue Until Morale Improves
(Bloomberg) It’s well known that hedge funds had a disastrous 2018, collectively delivering returns that lagged what investors could have achieved by putting their money into simple index trackers. But suppose you’d made even less than your peers and, adding […]
Putting The Hedge Back In Hedge Fund
(Forbes) At Blockforce Capital….it’s time we put the “Hedge” back in Hedge Fund! – minimizing the risk exposure faced by our investors while maximizing their risk-adjusted returns. This is the brand we are building to make synonymous with our services…This […]
Sears is likely to collapse, but its biggest stakeholder will be just fine
(Dealbreaker) The story of Eddie Lampert’s stewardship of Sears can be told in many ways, but one of the most compelling is simply by counting. When he took over the legendary retailer and merged it with the somewhat less iconic […]
Dawn Capital leads $10M funding round for derivatives analytics platform OpenGamma
(Opalesque) OpenGamma, a leader in derivatives analytics, announced today that it has raised $10 million in funding led by early-stage fintech and B2B software venture capital firm Dawn. The funding round includes participation from existing investors Accel, CME Ventures and […]
Maine Resident Charged With Defrauding Over 100-Investors
(HedgeCo.Net) The Securities and Exchange Commission filed an enforcement action on April 4, 2019 in federal court in Portland, Maine, charging Freeport-area concert promoter Jeffrey E. Wall and his business, The Lighthouse Events, LLC, with defrauding over one hundred investors […]
CTAs have strong March, says Societe Generale
(Hedgeweek)Following on from an improvement in February, all Societe Generale CTA indices posted positive performance in March, bringing the CTA Index and Trend Index back on track for 2019 year to date. To read this article:
Options-Based Funds Offer Succor to Investors Wary of Volatility
(Reuters) The Federal Reserve’s pivot on tightening U.S. monetary policy this year and a change in a bond market gauge that is often viewed as a harbinger of a recession pose a dilemma for investors: how to stay in stocks […]
Staying on the Sidelines of the Equity Rally Is Starting to Really Hurt
(Bloomberg) Staying away from stocks this year might not have been such a great idea after all. The S&P 500 is just 2.2 percent away from a record high. The Stoxx Europe 600 Index is trading at the highest since […]
Billionaire’s Hedge Fund Bets £60m That Shares in Ryanair will Fall
(The Guardian) The hedge fund founded by the billionaire investor Ken Griffin has made a £60m bet that the share price of Ryanair will fall, the first time a short position of this size has been reported for the budget […]
UBS Reviews Options for Asset Management Business
(Reuters) Swiss bank UBS Group is evaluating options for its asset management unit, including a partial sale or merger of the business, Bloomberg reported on Wednesday, citing unidentified people with knowledge of the matter. UBS has considered seeking to acquire […]
Algo Hedge Funds Join Cast of Suspects Seen Behind Bitcoin Surge
(Bloomberg) Add algorithmic hedge funds to the list of suspects behind Tuesday’s sudden surge in Bitcoin that had the true believers in the digital asset world heralding a renaissance in the most-popular cryptocurrency. To read this article:
Citadel Trader Defies Destiny and Nature, Denies Ken Griffin’s Right to Fire Him
(Dealbreaker) Barrett Eynon is firing you, Kenny….Getting fired by Ken Griffin is a hedge fund rite of passage. It’s an experience that anyone who’s anyone must have, even if you are Steve Cohen’s brother-in-law. People flock to Citadel from their […]