Monthly Archives: June 2018
Facebook Has the Most Hedge Funds Counting It as a Top Holding
(Bloomberg) Beset by legislative scrutiny and negative press, this spring was not kind to Facebook Inc. Even so, hedge funds were pouring money into the beleaguered social media giant, even as its stock was falling. So far, it’s been a […]
Hedge funds in the money with dollar bets, struggling with Treasuries
(Reuters) Hedge funds are having mixed fortunes with their currency and U.S. bond bets: Their growing faith in the dollar is being rewarded but they’ve chosen the wrong time to open up a record short position in 10-year Treasuries. The […]
Hedge fund Caius says any UniCredit deal untenable until capital query resolved
(Reuters) – British hedge fund Caius Capital said on Monday it would be “untenable” for UniCredit SpA (CRDI.MI) to undertake any major transaction before issues Caius has raised regarding regulatory treatment of the bank’s core capital are resolved. The Financial […]
Hedge Funds Bear the Blame for Looking Bad
(Bloomberg) A couple of weeks ago, Barron’s interviewed mutual fund legend Jack Bogle, the inventor of the index fund and founder of Vanguard Group. One intriguing exchange caught my eye: Barrons: “Favorite hedge fund?” Bogle: “Reluctantly … anything run by […]
Hedge Funds Jana, Greenlight Report Gains in May
(Reuters) Prominent hedge fund managers David Einhorn and Barry Rosenstein both reported gains in May, signaling that some firms beat the broader stock market, which last month posted its best returns since January. Rosenstein’s Jana Partners fund gained 3.1 percent […]
The End of Goldilocks? Navigating Tight Credit Valuations and Rising yields
(Harvest) Investors have had a good run over the past few years investing in fixed income markets, thanks to a secular decline in interest rates and a cyclical compression in credit spreads. However, the environment in 2018 and beyond may […]
Eurekahedge Identifies Best and Worst Performing Hedge Fund Strategies
Hedgeweek Distressed debt hedge funds continued to be the best performing strategy on a year-to-date basis, supported by the high yield and leveraged loans market performance during the month on the back of improving risk appetite and lower volatility levels. […]
SEC Charges Investment Banker in Insider Trading Scheme
(HedgeCo.Net) The Securities and Exchange Commission has charged an employee of a prominent investment bank with repeatedly using his access to highly confidential information in order to place illicit and profitable trades in advance of deals on which the bank […]
Asset managers turn to emerging technologies as regulatory dust settles
(Hedgeweek) The results of Linedata’s eighth global asset management survey reveal a shifting focus away from regulation, as companies prepare for a new wave of demands and opportunities afforded by disruptive technologies. To read this article:
U.S. Hedge Fund ValueAct has 5 pct Stake in Japan’s Olympus
(Reuters) U.S. hedge fund ValueAct Capital has become a major shareholder in Japanese medical equipment and camera maker Olympus Corp with a 5.04 percent stake, a regulatory filing showed on Thursday. To read this article:
GI Partners Considers Selling Minority Stake in Itself
(Bloomberg) Another alternative asset manager is looking to take some chips off the table. GI Partners, a San Francisco-based private equity and real estate firm, is considering selling a minority stake, according to people familiar with the matter. The firm […]
Perella Weinberg Weighs Asset Manager Split Before IPO
(Bloomberg) Perella Weinberg Partners, the boutique investment bank founded by Joe Perella and Peter Weinberg, is weighing separating its asset-management unit as it considers plans for a potential initial public offering, according to people familiar with the matter. The asset-management […]