Monthly Archives: April 2018

Oil trader Andurand’s hedge fund fell in first quarter: HSBC

(Reuters) Oil trader Pierre Andurand’s hedge fund lost 6.7 percent in the first quarter of 2018 after recouping some of the heavy losses suffered in February, data compiled by HSBC showed. To read this article:

Hedge Fund With ‘Fantastic Opportunities’ Targets 200% Return

(Bloomberg) A hedge fund in Oslo focusing on energy stocks says it can hardly get any better than right now. To read this article:

FX Hedge Funds Trampled by Bad Volatility in Dreadful Start to 2018

(Bloomberg) After suffering unprecedented losses last year, currency-focused hedge funds were hoping a bit of market turbulence would help them get back on track in 2018. Things could hardly have gone worse. To read this article:

This Hedge Fund Picker Is Betting Japan Inc. Will Change

(Bloomberg) Ed Rogers, who runs a fund of hedge funds in Tokyo, is adding another activist to his lineup, betting the strategy will pay off as Japanese firms become more open to overhauling their businesses. To read this article:

Hedge Fund Adage Reaps Big Initial Gain on Health-Care Takeover

(Bloomberg) Adage Capital Management, a $30 billion hedge fund founded by two former money managers from Harvard University’s endowment, reaped an initial gain of more than $100 million Monday after Swiss drugmaker Novartis AG agreed to acquire AveXis Inc. To […]

Ex-Trader Testifies at Trial, Drawing Spotlight to Hedge Fund

(Bloomberg) Washington’s “political intelligence” industry was supposed to be the focus of an insider-trading trial under way in Manhattan. But it’s Deerfield Management that’s in the spotlight in the early proceedings. Former Deerfield trader Jordan Fogel told jurors Thursday how […]

Citadel’s Flagship Funds Rise 4.3% in First Quarter

(Bloomberg) The flagship hedge funds at Ken Griffin’s Citadel rose 4.3 percent in the first quarter, outperforming peers. Gains from commodity, equity and quant wagers helped the firm’s multistrategy Wellington and Kensington funds gain 1.4 percent last month, a person […]

SEC Obtains Emergency Freeze of $27 Million in Stock Sales of Purported Cryptocurrency Company Longfin

(HedgeCo.Net) The Securities and Exchange Commission has obtained a court order freezing more than $27 million in trading proceeds from allegedly illegal distributions and sales of restricted shares of Longfin Corp. stock involving the company, its CEO, and three other […]

The future of automation depends on human interaction

(Hedgeweek) As many firms in the alternative investment sector, and certainly many of our clients, look for new ways to improve investment strategies and drive efficiencies in their businesses, against a backdrop of strict regulations and compliance requirements, investment in […]

Hedge funds post mixed performance in March

(Hedgeweek) Hedge funds posted mixed performance in the volatile month of March, as global equities declined on increasing trade and tariff tensions. The HFRI Fund Weighed Composite Index (FWC) posted a decline of 0.25 per cent for the month. To […]

Trump Hints at Deal on Chinese Trade as Xi Readies Response

(Bloomberg) President Donald Trump expressed optimism the U.S. will be able to reach a deal with China that diffuses trade tensions between the world’s two biggest economies. Trump said his administration will “probably” come to an agreement with China to […]

Bitcoin, the Biggest Bubble in History, Is Popping

(Bloomberg) The greatest bubble in history is popping, according to Bank of America Corp.The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment […]