Monthly Archives: April 2018
Some Funds Bet on Quick Rebound in Russia’s Sanctions-hit Markets
(Reuters) Less than two weeks after the latest round of U.S. sanctions plunged Russia’s rouble to 16-month lows, some global funds have already stepped back in to buy rouble-denominated sovereign bonds and take advantage of the weaker currency. Early this […]
Crypto Billionaire Sued by Sequoia After Deal Falls Apart
(Bloomberg) A legal dispute between Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, and a unit of Sequoia Capital is offering a rare glimpse into one of the digital-asset industry’s fastest-growing startups. To read this article:
Harvest Global Investments Becomes First Chinese Asset Manager To Partner With eVestment
(Opalesque) Harvest Global Investments, the Asian and Chinese markets specialist asset manager, has become the first Chinese financial services firm to sign an agreement with eVestment to create efficiencies and bolster the effectiveness of its global databases, facilitating communication with […]
Opalesque Exclusive: Hedge Funds Go Long Tech At Sohn
(Opalesque) Top tier hedge fund managers gathered in New York to give their best ideas at the Sohn Conference today. Overall managers seemed more confident about their picks than they have in previous years. Citing recent controversy, DoubleLine’s Jeff Gundlach […]
The Man Who Could Eat Half the Profit in Fund Management
(Bloomberg) In June 2016, he laid bare the asset management industry’s dirty little secrets: actively managed products haven’t performed better than their benchmarks; firms have grown too big as they focus on gathering assets; and fees have been structured to […]
Investors pull USD9.45bn from hedge funds in March
(Hedgeweek) Investors redeemed an estimated net USD9.45 billion from hedge funds in March. Total Q1 asset flows remain positive at +USD14.33 billion, bringing overall industry AUM to USD3.32 trillion, according to the March 2018 eVestment Hedge Fund Asset Flows Report. […]
SEC Proposes to Enhance Protections and Preserve Choice for Retail Investors in Their Relationships With Investment Professionals
(HedgeCo.Net) The Securities and Exchange Commission has voted to propose a package of rulemakings and interpretations designed to enhance the quality and transparency of investors’ relationships with investment advisers and broker-dealers while preserving access to a variety of types of […]
Hedge Funds Prep Sohn Picks. Here’s How Their 2017 Ideas Did
(Bloomberg) The Sohn Investment Conference opens Monday to a wave of hedge fund industry titans sharing what they hope are money-making ideas. For 23 years, fund bigwigs have taken to the New York stage to reveal to peers their highest-conviction […]
Fed-Rate Swap Bet Helped Propel This Hedge Fund to 20% Gain
(Bloomberg) A gutsy bet the Federal Reserve will raise U.S. interest rates more than expected helped propel Kyle Shin’s hedge fund to a 20 percent first-quarter gain, backing up last year’s market-beating performance. To read this article:
Low Profile Hedge Funds Post High Returns in Year After New York Sohn Conference
(Reuters) One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry’s lower-profile managers will probably provide the most […]
Hedge funds make historic and increasingly desperate FX, bond bets
(Reuters) Hamstrung by a renewed slump in volatility and lack of clear market direction, FX and bond speculators are making historically big bets on a lower dollar and higher yields. It’s an increasingly desperate gamble, particularly on the dollar. Major […]
Hedge-Fund Investors Pour Into Oil as Firms Predict Surge to $80
(Bloomberg) Hedge funds investing in oil are luring capital at the fastest pace in more than a year. With crude climbing to levels not seen since 2014, commodity funds have recovered the client outflows they suffered last year. And if […]