Monthly Archives: June 2018
Hedge funds delivered healthy performances last week, with beta-driven strategies outperforming.
(Hedgeweek) L/S Equity funds extended their gains in line with their underlying markets, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article:
Hedge Fund With 69% Return Sees More to Come From Oil Recovery
(Bloomberg) A hedge fund run by a former associate of billionaire John Fredriksen has gained 69 percent in two years betting on shunned oil-related assets — and it’s not nearly done exploiting the recovery. The Titan Opportunities Fund, which now […]
China’s $50 Bln Bid For Market Calm Might Backfire
(Reuters) China’s near-$50 billion bid for market calm might backfire. The securities regulator last week approved six new funds that will guarantee demand for a string of big tech listings, while locking up backers’ money for three long years. The […]
Hedge Funds Back Off Oil As Saudis Keep Market On Its Toes
(Gulf News) As investors digest the signals of increasing supplies from Saudi Arabia and Russia, and the US is said to back the idea, futures have slumped 9 per cent in less than three weeks. Total positioning on West Texas […]
Hedge funds up +0.65% in May (+0.84% YTD)
(Opalesque) The global hedge fund industry saw an aggregate return of +0.65% in May, according to the just-released eVestment May 2018 Hedge Fund Performance Report. Hedge funds are up broadly for the year +0.84%. Wide disparities in returns among fund […]
Energy Hedge Funds Surge To Best Gains Since April 2016
(Opalesque) Energy hedge funds soared in May to the best monthly gain since April 2016, leading the performance of the broad-based HFRI Fund Weighted Composite Index® with strong complementary contributions from Healthcare, Energy Infrastructure, and Technology exposures. The HFRI EH: […]
SEC Charges 13 Private Fund Advisers for Repeated Filing Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced settlements with 13 registered investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. According to the SEC’s orders, the advisers failed to file annual reports […]
China’s $50 bln bid for market calm might backfire
(Reuters) – China’s near-$50 billion bid for market calm might backfire. The securities regulator last week approved six new funds that will guarantee demand for a string of big tech listings, while locking up backers’ money for three long years. […]
BlackRock’s Biggest Hedge Fund Bleeds Talent
(Bloomberg) BlackRock Inc. has lost senior talent at its largest hedge fund. Two deputy chief investment officers at the firm’s Fixed Income GlobalAlpha fund left: David Horowitz departed in the first quarter and Benjamin Brodsky exited in April, spokesman Ed […]
Britain’s Whitbread Open To Selling Either Costa Or Premier Inn
(Reuters) Britain’s Whitbread (WTB.L) is open to selling its Costa coffee chain or Premier Inn hotels and abandoning its original plan to spin-off the coffee business, according to a new executive pay scheme circulated to shareholders. The FTSE 100 company […]
Big Macro Hedge Funds Cashed In On the Mess From Italy, Trade Wars
(Bloomberg) Some boldface names at macro hedge funds, a sector that’s struggled in recent years, are posting big results. Alan Howard is up 44 percent this year through May. Jeff Talpins 18 percent. And Dharmesh Maniyar, who uses machine learning […]
Wall Street Will Make More Risky Bets After Rule Change
(CNBC) Pockets of big risk-taking have persisted within the banks – and that could jump with last week’s proposed changes to the Volcker Rule. Goldman Sachs and Morgan Stanley are seen as most likely to take advantage of trading opportunities […]