Monthly Archives: June 2017

Virginia-based mechanical engineer accused of scheming to manipulate the price of Fitbit stock

(HedgeCo.Net) Robert W. Murray allegedly purchased Fitbit call options just minutes before a fake tender offer that he orchestrated was filed on the SEC’s EDGAR system purporting that a company named ABM Capital LTD sought to acquire Fitbit’s outstanding shares […]

Brevan Howard’s Master Fund Said To Lose -0.7% in May

(FINalternatives) The flagship macro hedge fund at London-based Brevan Howard Asset Management reportedly lost money for the third consecutive month in May, bringing losses so far this year to -3.8%. To read this article:

Lyxor: Hedge Fund Index Dips -0.2% Amid Global Macro Dispersion

(FINalternatives) Hedge fund returns were mixed last week as the market’s upturn boosted CTAs and equity managers at the expense of global macro and fixed-income strategies, according to new research from Lyxor Asset Management. To read this article:

UK Elections Aside, Hedge Funds Bet Pound to Fall Anew on Brexit

(Reuters) Whatever the outcome of Britain’s election on Thursday, some hedge funds are still betting sterling will fall anew — anticipating Britain’s exit from the European Union will lead to an economic slowdown whichever way the vote goes. The pound […]

Hong Kong Shares End Lower as Short-Sellers Target China Firms

(Reuters) Hong Kong stocks ended Wednesday lower after hitting a fresh 23-month intraday high, with more listed companies in the city targetted by short-sellers. The Hang Seng index fell 0.1 percent, to 25,974.16, while the China Enterprises Index gained 0.1 […]

Another Canadian Hedge Fund Expands Into the Caribbean

(Bloomberg) Formula Growth Ltd., a Montreal-based hedge fund operator that has doubled total assets under management to C$1.2 billion ($891 million) over three years, is starting another fund focused on small and mid-sized U.S. stocks to meet growing demand from […]

Paulson & Co. Well On Its Way To Family Office Status

(Dealbreaker) Hedge fund managers make the transition from managing other people’s money to solely their own for a variety of reasons. Some wish to retire. Some see unfavorable market conditions and wish to free themselves of the pressure of managing […]

Hedge Funds Are Loading Up on Bets Against one of The Trump Trade’s Biggest Winners

(The Business Insider) Few areas of the US market performed better than small-cap stocks following the presidential election. But hedge funds are betting the group’s best days are finished. To read this article:

A Tale of Two Markets: Politics and Investing!

(Harvest) It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the […]

The Great Capitulation

(Harvest) A great capitulation is underway in the equity market. And we’ve seen this type of thing happen only once before. The chart in this article came from a discussion about broader signs of upside capitulation across the spectrum of […]

Diversifying Your Asset Allocation with High-Yield Muni Bonds

(Harvest) With yields on many familiar fixed-income assets remaining stubbornly low and equity valuations looking increasingly frothy, investors may believe they have few options when it comes to earning attractive returns without adding unreasonable risks to their portfolios. Having few […]

Third Point Hedge Funds Gain in May

(Reuters) Billionaire investor Daniel Loeb’s hedge funds continued to make money in May, leaving its Third Point Partners L.P. fund up 9.9 percent for the year and its Third Point Ultra Ltd. up 16.1 percent, according to an investor update. […]