Monthly Archives: April 2018
SEC Warns of Government Impersonators
(HedgeCo.Net) The Securities and Exchange Commission today issued an Investor Alert warning investors of fraudsters claiming to be SEC employees in an attempt to trick investors into sending money or revealing sensitive account information. The alert makes clear that the […]
Ackman Is Abandoned by Big Pershing Square Investors
Bill Ackman’s Pershing Square Capital Management is facing more bad news as many of the institutional investors in its private funds have asked to redeem their money. About two-thirds of the capital that investors could withdraw from Pershing Square private […]
Hedge Funds Remain Very Bullish on Tech, Morgan Stanley Says
A survey of Morgan Stanley prime brokerage clients shows that U.S. equity long-short gross leverage on a weighted average basis is back to post-crisis highs and at the highest levels since technology, media and telecommunications growth stocks tanked in March […]
BlackRock Seeks $2.5bn for Private Credit Fund
(Bloomberg) BlackRock Inc., the world’s largest asset manager, is seeking $2.5 billion for a private credit fund, according to a person with knowledge of the matter. The fund has raised $1.5 billion so far, according to the person, who asked […]
Currency Traders Stay on the Sidelines of the Tariff Fight
(Bloomberg) Amid the equity-market tumult kicked up by escalating trade tensions, currencies are in an unusual state of calm. The reason is that traders are struggling to choose the winners and losers. Volatility in the $5.1-trillion-a-day foreign-exchange market has barely […]
Carl Icahn Will Nominate Full Sandridge Board Slate
(Bloomberg) Carl Icahn plans to nominate a full slate to the board of Sandridge Energy Inc. that would commit to seeking strategic alternatives for the embattled oil and gas driller. The billionaire investor, who said he has “grave concerns” about […]
OPIM Partners With Longrising to Launch its First Offshore Hedge Fund
Hedgeweek posted on Thu 5 Apr 2018 Permalink Print Asian hedge fund platform OP Investment Management (OPIM) has partnered with Longrising Asset Management (Longrising) to launch the Longrising Prosperous China Fund, a Cayman-domiciled hedge fund for Professional Investors only. To […]
eVestment’s Most Searched Hedge Funds In Jan: Canyon Capital, Renaissance Technologies, GSA Capital
(Alpha-Week) The folks at eVestment were kind enough to share their aggregated searching data with AlphaWeek from Q1 2018. Each day this week, we’re going to take a look at which were the top funds each month this year so […]
What Will a Bear Market Do to ETFs?
(Harvest) Volatility has returned to the markets after historical levels of dormancy. What does this mean for the ETF ecosystem? After almost 77 billion in inflows in January, what should we expect to see with increased volatility? To read this […]
The Bond Market Is Waving A Flag That We Should Pay Attention
(Harvest) The current bull market in U.S. equities has been impressive on many fronts, and specifically with respect to its magnitude of returns and longevity. To read this article:
Tax Reform: Could 2018 Be The Year of Divorce?
(Harvest) Divorce, often fraught with emotional and financial quagmires, could become even more contentious as a result of the Tax Cuts and Jobs Act. It’s been a long-standing provision of tax law that any spouse paying spousal support may deduct […]
Steven Cohen Wins Dismissal of $8bn Fairfax Short-Selling Lawsuit
(Reuters) The billionaire Steven A. Cohen has won the dismissal of an $8 billion lawsuit accusing him and his former firm SAC Capital Advisors LP of conspiring with other hedge funds to spread false rumors about Fairfax Financial Holdings Ltd, […]