Monthly Archives: April 2018

(Hedgeweek) New research from Alpha FMC, the asset and wealth management consultancy, finds that many firms (80 per cent) are prioritising their digital transformation, with 61 per cent stating that they are “getting organised”, but nearly a quarter (23 per […]

(Reuters) Hedge fund managers have never seemed so convinced that oil prices are set to rise rather than fall in the near term, according to the latest positioning data published by regulators and exchanges. Fund managers remain super-bullish even though […]

(Bloomberg) Everyone knows the old chestnut that hedge funds are “a compensation scheme masquerading as an asset class,” but arguably that underestimates the power of compensation schemes to transform asset classes. To read this article:

(Bloomberg) After most of his clients have fled, billionaire John Paulson has embarked on a strategy to raise assets and generate big fees at the risk of losing his own capital. Paulson & Co. signed up last year with the […]

(CNBC) Hedge fund manager David Einhorn is bearish on bond insurer Assured Guaranty. Assured Guaranty’s “pretax income looks likely to collapse,” he said at The Sohn Investment Conference in New York Monday. “The shrinking profits should pressure [share] buyback capacity […]

(Bloomberg) As global managers from UBS Group AG to BlackRock Inc. get into China’s $2 trillion investment industry, they’ll need strong stomachs to run hedge funds in a Communist country. To read this article:

(CNBC) Jeff Bezos reportedly confided to former AOL president Ted Leonsis that he quit his job at the hedge fund D. E. Shaw because Bernie Madoff “was kicking my ass.”….The Amazon idea came to Bezos as he was researching online […]

(New York Times) The CEO of Sears is its largest shareholder and a major lender to the company….The chief executive, Edward S. Lampert, said the hedge fund he controls would be willing to buy Sears’s real estate holdings, its appliance-parts […]

(Reuters) Hedge fund Meditor Capital Management, already Carpetright’s (CPRC.L) biggest shareholder, has raised its stake to just under the threshold at which it would be required to make a formal takeover offer for the struggling British retailer. To read this […]

(CNBC) Goldman Sachs enlisted Justin Schmidt, a former trader, to be the first head of digital asset markets in the company’s securities division. Schmidt began his role on April 16. To read this article:

(Reuters) Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday that they said should benefit from the growing clout of the millennial generation, ranging from online food ordering to homebuilders. John […]