Monthly Archives: June 2019
Hedge funds recorded fourth positive month of the year in April
(Hedgeweek) Hedge fund managers ended April 2019 up 1.05 per cent on an equal-weighted basis, and 1.00 per cent on an asset-weighted basis. Roughly 70.6 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the […]
Shinnecock Partners launches alternative fine art lending fund
(Hedgeweek) Shinnecock Partners has launches an open-ended, standalone dedicated alternative art lending fund, ALF, building on its seven-year non-bank lending history and fine-art secured lending experience. To read this article:
Warren Buffett charity lunch fetches record $4.57 million winning bid
(Reuters) – An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. To read this article:
Hedge funds see honey in Japan’s value traps
(Reuters) Hedge funds see honey in Japan’s value traps. Companies from the Land of the Rising Sun dominated pitches at Hong Kong’s Sohn Conference on Thursday. They pointed to signs of unjustified panic in the country’s equities slump, creating opportunities […]
From prison, ‘Pharma Bro’ Martin Shkreli sues ex-colleagues for $30 million
(Reuters) – Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, on Friday sued three former colleagues at Retrophin Inc for more than $30 million, saying they illegally ousted him from that company in 2014. To read […]
Little Love for China as Top Hedge Funds Favor Japan, India
(Bloomberg)Anyone looking for evidence that the China-U.S. trade war has chilled investors on Asia’s largest economy need go no further than the picks from some of the world’s top hedge fund managers at this year’s Hong Kong Sohn Conference. Just […]
Traders Brace for New Cold War That Will ‘Last Our Careers’
(Bloomberg) Ray Dalio calls it a “long ideological war.” Mark Mobius sees little hope for a quick resolution. And Stephen Jen says we’re witnessing the start of a 15-round fight. As the U.S. and China clash over everything from trade […]
Poker-Playing Hedge Fund Managers Have an Edge
(Bloomberg) Do poker players make good hedge fund managers? On one hand, there’s skill overlap. Both activities demand aggressiveness, accurate calculations under pressure, keen behavioral insight and shrewd risk-taking. On the other hand, poker seems like a risk-seeking activity, suggesting […]
Venture Investors Eye China’s Greater Bay
(Opalesque) Could the Greater Bay area around Hong Kong become a new innovation district for China? Professor Graham Leach, Operating Partner at the Hong Kong Emerging Technologies Venture Fund, says it’s possible thanks to the completion of the Hong Kong-Zhuhai-Macau […]
ICOs and Digital Assets: A New and Optional Legal Regime in France
(Opalesque) The Situation: ICOs and digital assets have become a new phenomenon that has impacted many aspects of our modern economies and created an alternative way of financing for start-ups or small and medium-sized enterprises. To read this article:
Adams Street Partners Closes Debut Private Credit Program with $1.1bn
(Opalesque) Adams Street Partners, a private markets investment management firm with $37 billion of assets under management, announced today it has successfully completed fundraising for its inaugural Private Credit program with approximately $1.1 billion of capital available to deploy, including […]
Hedge Fund Managers See Echo of Past Crashes in Markets
(Bloomberg) The ranks of hedge fund managers expecting impending market chaos are growing. Greg Coffey, the former star manager at Moore Capital Management who started trading at his own firm this year, is comparing the turmoil in May to the […]