Monthly Archives: April 2018
Einhorn says Greenlight off 13.6 percent in first quarter, predicts recovery
(Reuters) – Billionaire investor David Einhorn said on Tuesday he lost a lot of money in the first three months of 2018 and has no ready explanation for the loss, but is sure his portfolio can recover over time. Greenlight […]
HG Vora Capital Urges LaSalle for Sale After Buying 7 pct Stake
(Reuters) Hedge fund HG Vora Capital Management LLC on Monday urged LaSalle Hotel Properties Inc to negotiate with fellow U.S. hotel owner Pebblebrook Hotel Trust for a better offer after taking about 7.1 percent stake in LaSalle. Pebblebrook had last […]
Morgan Stanley: The Rocky Stock Market Is About To Be Rescued By A Surprising Savior
(The Business Insider) Stock market turbulence over the last two weeks has left investors scrambling to figure out what could possibly provide some relief. Morgan Stanley has pinpointed what it thinks could be a surprising source of equity appreciation through […]
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 […]
These Hedge Fund Trades Can Escape New Carried Interest Limits
(Bloomberg) The Internal Revenue Service knocked down one way for hedge fund managers to dodge restrictions in President Donald Trump’s tax law. But for some managers, there’s still a way out. New limits on carried interest profits don’t apply to […]
Hedge Funds Remain Very Bullish on Tech, Morgan Stanley Says
(Bloomberg) 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 […]
High demand for hedge fund products seen to continue throughout 2018
(Opalesque) Big investors are expected to allocate $40 billion in new assets to hedge funds this year following reports that in February alone investors allocated an estimated $11.87 billion into hedge funds, continuing the trend of high demand in the […]
Hedge Fund Investor Breaks Over With Tax Reform
(Investopedia) The tax reform bill signed into law by President Donald Trump is supposed to be a big windfall for corporations and for the wealthy, but for hedge fund investors, a big tax break is coming to an end. To […]
Funds Burned By Bullish Planting Data After Corn Sell-off
(Reuters) Chicago-traded corn and soybean futures shot through the roof last Thursday after government data suggested that U.S. farmers intended to plant far fewer acres this spring than the market had expected. But instead of basking in victory, many commodity […]
Low beta strategies outperform in unstable market conditions
(Hedgeweek) Recent unstable market conditions have proved supportive for hedge funds, in relative terms, with liquid hedge fund benchmarks were down 1 per cent in March, and Distressed and Special Situations strategies underperforming. To read this article:
Commvault Faces Proxy Battle With Activist Elliott Management
(CNBC) Commvault, which makes backup and recovery software, is facing a proxy battle with Elliott Management, which is said to be frustrated with its margins…. To read this article:
A Group Of Investors Once Left For Dead Looks More Prepared Than Anyone To Fight Off A Trade War
(The Business Insider) An escalating global trade war stoked by the actions of the Trump administration has been largely responsible for stock market volatility in recent weeks. A group of investors once left for dead is surprisingly well-positioned to withstand […]