Monthly Archives: June 2017
Are Hedge Funds Expecting a Permian Bubble?
(Oil Price) Last year’s OPEC deal to cut production managed to lift oil prices and stabilize them around US$50 for most of the first quarter this year. The higher price of oil led to quite the Permania, with a lot […]
Ackman Set to Cash in as Blackstone Eyes Chemical Deal
(New York Post) Bruised hedge fund tycoon Bill Ackman might be finally catching a break on one of his investments. Stephen Schwarzman’s buyout firm Blackstone Group has formed a bidding consortium that could shell out more than $4 billion to […]
Asia Focused Hedge Funds Offer Great Opportunities
(HedgeCo.Net) For the first time in several years, investors have begun expressing an interest in opportunities in Asia. Investors have shared increasing concerns about the high valuations of both the US equity and fixed income markets (pushed further by the […]
One of the Largest Hedge Fund Launches of the Year is Closing its Doors to New Money
(The Business Insider) One of the largest hedge fund launches of the year is closing its doors to new money. Holocene Advisors, a New York-based firm that launched in April, is closing to new capital, including from existing investors, on […]
Why Now Might be the Right Time to Look at Hedge Funds
(CNBC) Forward-thinking investors understand the benefits of rebalancing portfolios ahead of changing market conditions. It is intuitively obvious and yet incredibly difficult. Looking at just the past 20 years, many investors were significantly overweight equities in 1999 and again in […]
Russekoff’s Hedge Fund Smith Cove Hires Ex-Perry Exec Gulati
(Reuters) Hedge fund manager David Russekoff has hired Chetan Gulati, a former colleague from Perry Capital, to beef up the investment team at his newly formed firm Smith Cove Capital.Gulati will work in London, a spokesman for Smith Cove confirmed […]
Rise of Robots: Inside the World’s Fastest Growing Hedge Funds
(Bloomberg) Believe the hype. Quants have never been more popular.After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric […]
Uber CEO Travis Kalanick Resigns Under Investor Pressure
(Reuters) Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership.Kalanick’s departure caps a tumultuous period for the world’s largest […]
Hedge Funds Are in Love With Small-Caps Again
(Bloomberg) The violent rotation gripping U.S. equities has chased professional investors back into small-cap stocks. In just two weeks, hedge fund positioning in Russell 2000 Index mini futures went from the most bearish in six years to the most bullish […]
Man Group Names Desmyter, Mitchell To Key ESG Roles
(FINalternatives) Global hedge fund manager Man Group has named current head of sales Steve Desmyter as head of responsible investment and current equity investment team executive (and UNPRI Hedge Fund Advisory Committee chair) Jason Mitchell as sustainability strategist. To read […]
Jefferies Posts 33% Drop in Quarterly Bond-trading Revenue
(HITC) Jefferies Group posted a 33% drop in quarterly bond-trading revenue, signaling weakness in a business that’s been a strength for Wall Street in the past year. Investment banking jumped on gains in debt underwriting. Bloomberg News reports that fixed-income […]
This is What Elite Fund Managers are Watching Closely — and it’s Not Trump or Brexit
(Marketwatch) Fears of a eurozone breakup. Concerns over unrest in the Middle East. And an increasingly angry middle class frustrated by the sluggish pace of economic growth. For years the financial markets have been swayed by such geopolitical threats — […]