Monthly Archives: June 2016

And With That Jobs Data Point, the Fed Has Gone Surfing…

(Daily Alts) Cancel the June Fed meeting and good luck getting the FOMC out of their board shorts and bikinis long enough for a July meeting. While one data point should never be enough to influence change, the five sigma […]

Activist Hedge Fund TCI Builds Yahoo Stake

(Yahoo Finance) One of Europe’s most aggressive activist hedge funds is building a stake in Yahoo! as the digital portal proceeds with a multibillion dollar auction of its core internet business. Sky News has learnt that The Children’s Investment Fund […]

Hedge Funds’ Fast Money Not Welcome as Iceland Bolsters Defenses

(Bloomberg) Iceland has gone its own way since its three largest lenders collapsed in 2008 under a mountain of debt almost eight times the size of its economy. The steps included capital controls that locked in hedge funds, mortgage writedowns […]

How to Make 23% Betting Hedge Funds Are Wrong on Chinese Stocks

(Bloomberg) Wagers against Chinese stocks have become so popular that banks are offering returns exceeding 20 percent to anyone prepared to take the other side. The potential payouts, from firms including BNP Paribas SA and JPMorgan Chase & Co., come […]

Activists Boost Innovation as Well as Share Prices

(Reuters) It looks as if hedge fund activists engineer not just a short-term pop in target firms’ stock prices but also long-term improvements in innovation. While studies have shown that news of an activist position in a stock leads to […]

G-7 Warns About Unsustainable Debt

(Harvest) Central banks’ monetary policies – zero or negative interest rates and bond purchases – are losing their effectiveness. Earlier this year, the G-20 country leaders stated that “monetary policy alone cannot lead to balanced growth” and advocated that governments […]

Investors Rush To Commodities Hedge Funds

(Valuewalk) The hedge fund industry just can’t seem to catch a break this year….However, there’s one section of the hedge fund world that seems to be doing better than others. After years of haemorrhaging clients and cash, commodities hedge funds […]

Gundlach’s Doubleline Reaches $100 Billion in Assets Under Management

(Reuters) Jeffrey Gundlach’s DoubleLine Capital reached $100 billion in assets under management last month, the Los Angeles-based firm said on Wednesday. DoubleLine, founded in December 2009 and considered one of the fastest-growing asset managers in the United States, benefited from […]

Hedge Fund Marcato’s Main Fund up 1.2 Pct, Encore Fund up 4 Pct in May

(Reuters) Activist hedge fund Marcato Capital Management’s main portfolio climbed 1.2 percent in May as some of its biggest investments, Bank of New York Mellon and Sotheby’s, performed better. The May returns helped shrink the fund’s year-to-date decline to 8.7 […]

Hedge fund managers indicted for selling fake Uber and Airbnb shares to pay for Vegas strippers

(The Verge.Com) Two hedge fund managers have been indicted by the US Securities and Exchange Commission and Department of Justice for allegedly selling fake shares in Uber, Airbnb, and Alibaba, and using the money to pay for visits to Las […]

SEC: Forex Trader Misrepresented Track Record and Hid Massive Losses

(HedgeCo.Net) — The Securities and Exchange Commission today charged a New York City-based trader with defrauding investors out of millions of dollars by misrepresenting her investment track record, the profitability of her investments, and her use of investor funds. The […]

Citi Reviews Hedge Fund Performance for April

(Daily Alts) Citi Reviews Hedge Fund Performance for AprilHedge funds posted gains in April, with aggregate returns ranging from +0.41% to +0.93%, according to two different measures used in Citi Prime Finance’s Hedge Fund Industry Snapshot for May 2016. But […]