Monthly Archives: April 2017
Real Talk on Hedge Fund Reputations, David Einhorn, Al Gore, and Mall REITS
(FINalternatives) Today, we discuss an interview with Simon Lane, Venezuela’s Coming Civil War, David Einhorn’s Tax Warning, Al Gore’s Latest Plan to Spend Your Money, and Why Hedge Fund Managers Are Taking Aim at Mall REITS. To read this article:
Portfolio Manager Charged With Diverting Nearly $2 Million to Personal Account
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges against a Massachusetts-based portfolio manager accused of diverting at least $1.95 million to his personal brokerage account from a fund over which he had trading authority. The SEC’s complaint alleges […]
HFRX Global Hedge Fund Index Down -0.01% in Mid-April (+1.65% YTD)
(Opalesque) Global financial markets posted declines through mid-April, as investors focused on upcoming European elections. Global equity markets declined, led by Italy, the UK and Germany, while US & Asian equities posted moderate declines. Interest rates declined across most regions […]
Hedge Funds That Flocked to Puerto Rico Bonds Face Long Road Out
(Bloomberg) Hedge funds first starting buying Puerto Rico debt in the summer of 2013 because they liked what they saw: A government that was paying high, tax-free yields that couldn’t go bankrupt. Nearly four years later, the Caribbean island has […]
Hedge Funds Extend Ag Selling Spree to Second-Longest On Record
(Agrimoney) Hedge funds extended their shorting spree on agricultural commodities to the second longest on record, prompting ideas that selling may have gone too far…Managed money, expanded its net short position in futures and options in the top 13 US-traded […]
US Natural Gas Prices Soften, Market Eyes Big Hedge Fund Longs
(Reuters) Hedge fund managers have accumulated a near-record bullish position in U.S. natural gas futures and options as gas stocks have remained at a modest level despite an exceptionally mild winter. Hedge funds and other money managers have boosted their […]
Pensions Are on the Way Out But Retirement Funds Are Not Working Either
(Harvest) US law provides for many kinds of tax-advantaged retirement plans. They fall into two broad groups: defined-benefit (DB) and defined contribution (DC) plans. Defined-benefit plans are mostly the old-style pensions. They came with a gold watch and ensured you […]
Regime Change at the Fed and its Impact on Risk Parity
(Harvest) March has been an eventful month. Republicans gave up on their attempt to replace Obamacare and the UK formally triggered Article 50 to initiate the Brexit process. However, the real news is the Fed raised its benchmark interest rate […]
SEC Adopts T+2 Settlement Cycle for Securities Transactions
(HedgeCo.Net) The Securities and Exchange Commission has approved an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions. Currently, the standard settlement cycle for these transactions is three business days, known as T+3. […]
Man Group AUM Hits Record $88.7B As Q1 Inflows Soar
(FINalternatives) In a reflection of the increased allocations to hedge funds being reported by industry data providers Hedge Fund Research and eVestment in recent days, assets under management at London-based Man Group reached a record $88.7 billion during the first […]
Context Summits Poll: Demand Rising for Alternative Assets and New Strategies
(FINalternatives) Institutional investors are broadly maintaining their commitments to the alternative investment industry and nearly three-quarters plan to increase their allocations this year, according to a new survey by Context Summits. To read this article:
Reuters: Investors Not Yet Ruffled By Looming Government Shutdown
(FINalternatives) U.S. stocks have struggled since the timeline for the Trump administration’s pro-growth agenda came into question, but investors appear confident that next week’s deadline that could shut down the federal government will not become another market hurdle. To read […]