Monthly Archives: June 2016
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 […]
Brokerage Firm Charged With Anti-Money Laundering Failures
(HedgeCo.Net)— The Securities and Exchange Commission today charged a Wall Street-based brokerage firm with failing to sufficiently evaluate or monitor customers’ trading for suspicious activity as required under the federal securities laws. An SEC investigation found that Albert Fried & […]
Goldman Says Hedge Funds Wedded to Top Picks Like Never Before
(Bloomberg) Hedge funds, who’ve seen their reputations take a beating in recent months, have not suffered a corresponding hit to their confidence, at least as far as stock-picking goes. So says research from Goldman Sachs Group Inc., which found that […]
Private Equity Fund Adviser Acted As Unregistered Broker
(HedgeCo.Net) The Securities and Exchange Commission today announced that a Maryland-based private equity fund advisory firm and its owner have agreed to pay more than $3.1 million to settle charges that they engaged in brokerage activity and charged fees without […]
Philadelphia Investment Partners Launches New Fund
(FinAlternatives) Philadelphia Investment Partners LLC (PIP) has launched a new investment vehicle that will focus on generating favorable risk-adjusted total returns through the combination of targeted, value-based equity positions and a managed derivatives strategy. The new fund, named the Dynamic […]
Still Afraid to Put Your Boat in the Water?
(Daily Alts) Don’t worry, you aren’t the only one. With the Fed getting more anxious to raise interest rates again and a Brexit vote in a few weeks, many investors are staying out of the water and waiting for those […]
Glen Point Capital Said to Raise $2B for EM-Focused Macro Hedge Fund
(FinAlternatives) Glen Point Capital has raised nearly $2 billion in capital for its new discretionary global macro fund since forming last fall, ranking it among the largest European hedge fund startups this year. The firm was started by former BlueBay […]
Here’s How Asia Hedge Funds’ Top Picks at 2015 Sohn Fared
(Bloomberg) When some of the biggest hedge funds that trade in Asia gathered on June 3, 2015, at the Sohn Conference Hong Kong, there was widespread euphoria about measures by Prime Minister Shinzo Abe and the Bank of Japan to […]
Hedge Funds Could Lose 25% Of Assets This Year
(Valuewalk.com) According to Tony James, Blackstone Group LP’s president, the $2.9 trillion hedge-fund industry may lose about a quarter of its assets in the next year. Blackstone is the largest allocator to hedge funds globally. Tony James made these comments […]
Goldman: These 14 Stocks Are Hedge Funds’ New Favorites
(CNBC) Hedge funds are struggling this year, but investors can still outperform by buying the favorite stocks of these asset managers, especially those that have just begun to gain favor, Goldman Sachs said….Here are the 14 new stocks entering the […]
Rethinking Risk: Changing the Mind-Set from Market to Function
(Harvest) Thinking about investments in terms of beating a specific market benchmark has served many very well in the past, but that does not mean such an approach will be appropriate in the future.‘We are all very wedded to the […]
Einhorn’s Main Greenlight Capital Hedge Fund Loses 1.9% in May
(Bloomberg) Greenlight Capital, the investment firm led by David Einhorn, lost 1.9 percent in its main hedge fund in May even as stocks climbed.The decline reduced the fund’s return in 2016 to 1.1 percent, according to an e-mail sent to […]