Monthly Archives: June 2016
Calculating the Return on Incremental Capital Investments
(Harvest) I received a lot of feedback, comments and a few questions after Connor Leonard’s guest post last week. Connor’s write-up was very well articulated, and deservedly received much praise. There were a few questions which we tried to address […]
How Long Will Managed Futures Be in a Drawdown?
(Harvest) You see, drawdowns are messy. They feel impossible, and that they will never end. They feel like it’s the first time such an investment has gone through such a losing stretch. Managed Futures is officially in the red for […]
Billionaire hedge fund manager tears down his $62 million mansion
(CNBC) Sick of your multimillion-dollar home? You could tear it down, as billionaire hedge fund manager Steve Cohen did, according to the New York Post.The newspaper reported Sunday that the founder of Point72 Asset Management tore down his mansion in […]
Hedge Funds That Can’t Hedge
(Bloomberg) Hedge funds have had a tough 12 months and the first quarter of 2016 was the worst in at least seven years. Grief, however, is always relative. Those suffering in New York or London may find some comfort when […]
Pine River to Shut Fixed Income Fund, Returns $1.6 Billion to Investors
(Reuters) Hedge fund Pine River Capital Management will close its Pine River Fixed Income fund and return $1.6 billion to investors, to streamline its offering of funds, according to a letter to clients seen by Reuters. Brian Taylor, Pine River’s […]
Gold Price Tops $1,250 as Hedge Funds Caught Short
(Mining.com) On Monday, gold built on sharp gains enjoyed on Friday after data out of the US showed employment growth in the world’s largest economy at a near-six year low, pushing back any interest rate hike well beyond the summer. […]
Everbright Shuts China Hedge Fund After Returns Stumble
(Bloomberg) China Everbright Ltd., a Hong Kong-based money manager that runs more than $5 billion, is closing a China-focused hedge fund after performance suffered during the nation’s market rout last year. The firm has reallocated half of the money from […]
Goldman Sachs Selling Minority Stakes in Five Hedge Funds for $800 million.
(Bloomberg) AMG will acquire stakes held by the Petershill Fund I, which has holdings in Winton Capital Group, Capula Investment Management, Partner Fund Management, Mount Lucas Management and CapeView Capital, the company said in a statement on Monday. To read […]
Brevan Howard’s Flagship Hedge Fund Said to Slip Again in May
(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund lost money in May, its third straight monthly decline this year, according to two people with knowledge of the matter. The Brevan Howard Master Fund fell 0.3 percent last month, deepening […]
Brevan Howard’s Flagship Hedge Fund Said to Slip Again in May
(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund lost money in May, its third straight monthly decline this year, according to two people with knowledge of the matter. The Brevan Howard Master Fund fell 0.3 percent last month, deepening […]
Bond Rally Squeezes Hedge Funds After Most Short Since 2007
(Bloomberg) Bond bears were licking their wounds after a weaker-than-forecast May jobs report sent Treasuries surging. Data released later Friday suggest the pain was widespread. Hedge funds and other speculative investors were net short Treasury two-year note futures in the […]
Weak Performance By Hedge Funds
(Harvest) The news lately regarding hedge funds has been abysmal,to say the least! Very poor performance coupled with high fees has caused an exodus out of hedge funds and into other investment vehicles. In fact, the very same thing has […]