Monthly Archives: May 2018
Bridgewater Gets Picky With Its Emerging-Markets Bets
(Bloomberg) Beggars can’t be choosers. But if you’re the world’s richest hedge fund right now, you need to be as picky as possible. Bridgewater Associates, the $160 billion hedge fund firm run by billionaire Ray Dalio, refined its bets on […]
Three Hedge Fund Managers Face Down Wall Street’s Dollar Doom
(Bloomberg) Three hedge fund managers are going head-to-head with Wall Street’s top strategists over the fate of the dollar, wagering the currency’s best run in three years is far from over. IPM Informed Portfolio Management, Millennium Global Investments and Rhicon […]
Hedge Funds Riding Tech and Media Stocks to Top the Market
(CNBC) The biggest hedge funds have been loading up on tech and media names, mostly to good results for an industry that has struggled to beat the market. The list of most-owned stocks contains many of the market’s favorites, with […]
Interplay of Correlations, Volatility & Positioning in Current Markets
(Harvest) Most experienced investors understand that lack of variability doesn’t necessarily equate to stability. In 2017 the Cboe Volatility Index (VIX) averaged around 10, which is almost half its long-term average. So far this year, VIX has averaged close to […]
Goldman Sachs Chides Hedge Funds by Arguing the Case for Oil
(Bloomberg) Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs Group Inc. Demand will remain strong and concerns over economic growth will probably prove temporary, analysts including Jeffrey Currie wrote […]
George Soros’ Bet on Tesla Could See Other Investors Follow Suit
(Reuters) If Tesla Inc (TSLA.O) Chief Executive Elon Musk needs to raise even more money, there may be a way.On Tuesday billionaire investor George Soros disclosed a $35 million stake in Tesla convertible senior notes during the first three months […]
Hedge Fund Managers Shift Billions Over Carried Interest Concern
(Bloomberg) Late last year, some hedge fund managers raced to protect their personal fortunes from being carved up by the Republican tax law. David Tepper, who runs Appaloosa Management and may soon own the Carolina Panthers, and Ross Margolies, founder […]
Elliott Takes the Scenic Route for Arconic Revival
(Bloomberg) After Elliott Management Corp. claimed victory in its boardroom battle at Arconic Inc. last May, I warned that the hard part was just starting. I didn’t know the half of it. Elliott’s agreement to nominate three board directors capped […]
Tricadia Capital Sees Assets Halved, Managers Depart
(Bloomberg) A decade after making a killing during the financial crisis, Tricadia Capital Management has fallen on hard times. A slew of executives have left and assets have tumbled to about half of where they were at their peak. The […]
SEC Tries to Scam ICO Investors to Show Them How Easy It Is
(Bloomberg) A hot new initial coin offering gives investors the chance of a lifetime to make money from sun-soaked beaches and crystal-clear waters. It also provides something even more valuable: advice on how to avoid getting ripped off by fraudulent […]
SEC Charges Brokerage Firms and AML Officer With Anti-Money Laundering Violations
(HedgeCo.Net) The Securities and Exchange Commission today announced settled charges against broker-dealers Chardan Capital Markets LLC and Industrial and Commercial Bank of China Financial Services LLC (ICBCFS) for failing to report suspicious sales of billions of penny stock shares. Broker-dealers […]
Big-Name Hedge Funds Bought Healthcare Stocks in 1st Quarter
(Reuters) Prominent hedge fund managers appeared to make big first-quarter bets in UnitedHealth Group Inc, Anthem Inc and other health insurers whose shares tumbled in January after Jeff Bezos, Warren Buffett and Jamie Dimon in January announced a joint venture […]

