Monthly Archives: May 2017

Lyxor: Hedge Fund Index Flat As Oil Drop Punishes Macro Managers

(FINalternatives) Hedge funds treaded water last week as gains by CTAs were not enough to outweigh underperformance among macro managers hammered by the steep drop in oil prices, according to new data from Lyxor Asset Management. To read this article:

Hedge Funds Continue Four-month Streak With 0.54% Gains in April

(Hedgeweek) Hedge funds posted their fourth consecutive month of gains this year, up 0.54 per cent during the month of April, while underlying markets as represented by the MSCI AC World Index (Local) were up 1.17 per cent over the […]

BakerHostetler Panel Analyzes the Trump Effect on the SEC’s Enforcement Efforts

(Hedge Fund Law Report) A recent program presented by BakerHostetler provided timely insight on how the SEC and its enforcement priorities may evolve under the new president’s regulatory agenda, as well as how the new administration may affect the markets […]

Could Hyperinflation Be Next for Venezuela?

(Harvest) We’ve all seen the news reports – lines for food and basic staples that stretch for blocks, increasing violent crime, kidnappings and corruption are making day-to-day life in Venezuela a real struggle. It wasn’t always like this, but in […]

GDP Growth Dims, but We See Bright Spots Ahead

(Harvest) US gross domestic product (GDP) rose only slightly in the first quarter, but this result was in line with Invesco Fixed Income’s expectations and we still expect solid growth this year. While output grew by only 0.7% annualized between […]

Semiconductor Company and Former CFO Settle Accounting Fraud Charges

(HedgeCo.Net) The Securities and Exchange Commission has announced that a South Korea-based semiconductor manufacturer and its former CFO have agreed to settle charges related to an accounting scheme to artificially boost revenue and manipulate the financial results reported to investors. […]

Family Offices Adding Staff As Direct Private Equity Investments Increase

(FINalternatives) More than half of family offices now have at least two employees dedicated to sourcing and vetting private equity investments, according to a new survey from Family Office Exchange, and four out of five have at least one. To […]

Mercer Sued by Hedge Fund Worker Fired After Blasting Trump

(Bloomberg) Hedge fund mogul Robert Mercer, one of the biggest financial backers of Donald Trump’s presidential campaign, was sued by a former employee who claims he was fired for calling Mercer racist and publicly criticizing his support of Trump.The complaint […]

Hedge Funds ‘May Turn Sellers’ In Wheat. But Will Sugar Get Back In Favour?

(Agrimoney) The US snowstorms which prompted fears of losses of up to 4m tonnes in output prompted a deep cut in hedge fund bets in wheat – in a move that could create scope for fresh selling, after damage estimates […]

Beware Hedge Fund Celebrities “Talking Their Book” in China

(Valuewalk) Known in the investment world for making half a billion dollars successfully by betting on the subprime financial crisis, hedge-fund guru Kyle Bass was in the headlines earlier this month with a round of ultra-bearish commentary on China. Using […]

Hedge Fund Goes to Court Seeking to Oust Akzo Nobel Chairman

(Reuters)Elliott Advisors, the hedge fund that has been pushing Dutch paint maker Akzo Nobel (AKZO.AS) to enter takeover talks with U.S. peer PPG Industries, said on Tuesday it had launched legal action to try to oust Akzo chairman Antony Burgmans. […]

Event-Driven Hedge Fund Maglan Capital Gains +7.17% in April

(FINalternatives) Distressed investing specialist Maglan Capital gained +7.17% net of all fees and expenses in April, again outperforming broader underlying markets as well as its comparable HFRI benchmark index. The strong showing brings the event-driven investor’s 2017 year-to-date return up […]