Monthly Archives: May 2016
Hedging on the Case Against Hedge Funds
(Bloomberg) Opinions of hedge funds always seem to be unhedged and occasionally unhinged. In the distant past, opinions were too positive. The media focused on stories of outsized success. Big winners were lionized. Failures were castigated, but not allowed to […]
Hedge Funds See 2nd Consecutive Month of Positive Performance in April; Russia, Brazil Funds Shine
(Evestment) April saw a second consecutive month of positive aggregate hedge fund performance at +1.10%, bringing year-to-date returns to +0.83%, according to the just-released April 2016 eVestment Hedge Fund Performance Report. Two thirds of global funds reporting to eVestment saw […]
Hillary Clinton’s Son-In-Law Lost Big on His Greek Hedge Fund Bet
(Fortune) The son-in-law of presumptive Democratic presidential nominee Hillary Clinton is reportedly closing a hedge fund he started that bet on a Greek economic revival but lost around 90% of its value. Two sources told the New York Times that […]
Hedge Fund Managers Give Stock Picks in Vegas at SALT Conference
(Reuters) Hedge fund managers on Thursday named some of their recent investments, including a bet that shares of American Airlines Group would fall and shares of both Chinese Internet company Tencent and chipmaker Xilinx would rise, in addresses at one […]
Hedge-Fund Investors Called Commodities Markets’ Rebound
(Bloomberg) Hedge-fund investors rushed into commodities money pools in the first quarter and the bet’s paying off. They allocated about $4 billion to the strategy in the period, benefiting as the pools returned 6 percent in the first four months. […]
Hedge Funds Get the Nod in Risk-Factor-Based Investing, Citigroup Survey Finds
(Pension & Investments) A majority of investors prefer to use hedge funds for risk-factor-based investing, showed new data from a survey by Citigroup’s prime finance capital introduction unit. Fully 69% of survey respondents said they prefer to invest in risk-factor […]
Hedge Funds On Pace To Record Growth For Another Month
(HedgeCo.Net) With a little over two weeks left in the month of May, hedge funds are on pace to show at least some growth for the second consecutive month. Industry wide, hedge funds so-far have outperformed underlying markets during the […]
Muddy Waters Bulks Up New Hedge Fund by Hiring Pimco’s Ing
(Bloomberg) Muddy Waters Capital LLC, the activist investor founded by short seller Carson Block, has hired Pimco’s Terrence L. Ing as its first head of credit, enabling it to target both listed and unlisted companies. Ing was a senior credit […]
Singer Says Gold Rally Just Beginning as Goldman Sees Losses
(Bloomberg) Billionaire hedge fund manager Paul Singer said that gold’s best quarter in 30 years is probably just the beginning of a rebound as global investors — including Stan Druckenmiller — weigh the ramifications of unprecedented monetary easing on inflation. […]
Blackstone Hedge-Fund Partner Greg Hall to Leave After 12 Years
(Bloomberg) Greg Hall, who co-leads Blackstone Group LP’s hedge-fund seeding and stakes funds, is leaving the firm. Hall, a partner who joined New York-based Blackstone in 2004, decided to try something new, he said in a telephone interview, without providing […]
Hedge fund titans warn of financial crisis-like market signals
(Yahoo Finance) Hedge fund manager J. Kyle Bass, the founder of Hayman Capital Management, made an ominous observation about the markets. Speaking at the SALT Conference in Las Vegas on Wednesday, Bass said: “If I was to draw an analogy […]
Fidelity Expands Access to Private Equity Funds
(Daily Alts) Fidelity Expands Access to Private Equity FundsWhen Fidelity Investments ripped $2 billion from a pair of alternative mutual funds earlier this year, some observers thought it might mean the investment giant was getting out of the alternatives market. […]