Monthly Archives: June 2018

(Hedgeweek) After being just slightly positive in April 2018, hedge fund AUM were just slightly negative in May of this year, with investors pulling USD1.59 billion from the industry during the month, according to the latest eVestment Hedge Funds Report. […]

(Bloomberg) A hedge fund that reaped an outrageous gain in February’s vol-mageddon is eyeing a fresh target. Houndstooth Capital Management LLC secured a 6,000 percent return from a bearish bet on an exchange-traded product tied to calm markets. Now, the […]

(Bloomberg) A real estate developer who rented an upscale Manhattan townhouse is suing its owner, hedge fund manager Thomas Sandell, claiming the property was overrun with rats and reeked from a sewer problem. Joseph Chetrit said he has been paying […]

(Bloomberg) Equal treatment of shareholders is a central tenet of Britain’s takeover rules. To uphold that principle, U.K. regulators should force Walt Disney Co. to make a higher offer to investors in Sky Plc if it gains an influential stake […]

(City AM) According to a regulatory filing to the Securities and Exchange Commission, Goldman Sachs received $58m for its work with Fox since August 2017 before Disney agreed on a $52.3bn deal to buy Fox in December. It will take […]

(Bloomberg) Michael L. Cohen, the former head of Och-Ziff Capital Management’s European operations, pleaded not guilty to U.S. charges that he defrauded one of the hedge fund’s clients by lying about an investment in an African mining company. Cohen, 46, […]

(Bloomberg) Three years ago, hedge fund billionaire John Paulson offered his alma mater, Harvard Business School, an enormous gift. Nitin Nohria, the school’s dean, responded in a way that would shock most other charitable organizations: Thanks, but we don’t need […]

(Harvest) Looking at recent developments in the developed world’s sovereign debt markets, an investor could be excused for feeling like they are on a roller-coaster ride. Indeed, from the beginning of May through the third week of June, market participants […]

(Bloomberg) Many quant hedge funds — young and old — are struggling to make money this year. Manoj Narang, who started his hedge fund last year, saw his biggest investor, JPMorgan Chase & Co.’s asset management unit, pull its money. […]

(Bloomberg) Chinese stocks fell, with the benchmark gauge entering a bear market, amid growing concern about the country’s resilience to a trade war with the U.S. The Shanghai Composite Index fell 0.5 percent at the close, taking its loss since […]