Monthly Archives: July 2017
Brevan Howard Is Said to Ready Hedge Fund Run by Saitta
(Bloomberg) Brevan Howard Asset Management is planning a new macroeconomic hedge fund to be run by portfolio manager Alfredo Saitta, according to people familiar with the matter. Saitta, who ran a portion of Brevan’s main fund, will manage the new […]
Hedge Fund Uses Algae to Reap 21% Return
(Bloomberg) Hedge fund manager Desmond Lun’s 21 percent average return over the last four years springs from an unlikely source — a petri dish of algae. Lun, 37, is a new kind of quant, combining AI wizardry with old-school biology […]
Hedge Fund Gains Reach 4.87% in the First Half of 2017
(Opalesque) The hedge fund industry continued its recent run of consistent gains in June, returning 0.57% for the month. This is the eighth consecutive month of positive performance for the industry, surpassing the seven-month period recorded in March-September 2016. These […]
Largest 100 Alternative Asset Managers Increased Assets Under Management by 10% in 2016
(Opalesque) The world’s largest 100 alternative asset managers saw assets under management increase by 10% in 2016, rising to $4 trillion, according to the 2017 edition of Willis Towers Watson’s (NASDAQ:WLTW) Global Alternatives Survey. The survey, which captures long-term institutional […]
A Hedge Fund Set Up By Steve Cohen’s Former Chief Investment Officer Is Crushing It
(The Business Insider) A hedge fund set up by Aaron Cowen, a former chief investment officer at SAC Capital, is crushing it bigtime this year. Suvretta Capital Management’s master fund is up 12.5% after fees for the first six months […]
These Are Not Normal Markets
(Harvest) Four years ago, markets threw a “tantrum” when the Federal Reserve hinted at tapering its quantitative easing (QE) program. Over the past fortnight we’ve endured a “mini-tantrum” in government bond markets as the Fed girds itself to shrink its […]
NYHFR Survey: Quant Strategies Currently More Appealing Than Fundamental Ones
(FINalternatives) Quantitative investment strategies, fueled by big data, increasingly sophisticated algorithms and efficient technologies, are currently more appealing to alternative investors than traditional fundamental ones, according to a new survey by the New York Hedge Fund Roundtable. To read this […]
Human Stock Pickers At Hedge Funds Are Actually Beating Their Computer Competition So Far This Year
(CNBC) Before computers completely take over the hedge-fund industry, they need to overcome one tiny obstacle: investment returns. In the first half of the year, computer-generated strategies, or what they call in the business, systematic strategies, returned 3.17 percent, according […]
Summer’s Most Common Hedge Fund Theme Is the Global Recovery
(Bloomberg) Investors positioned for the global recovery are in good company: it’s the most common bullish investment theme for hedge funds this summer, according to Lyxor Asset Management. As interest in hedge funds rises again — they saw the biggest […]
In Hedge Funds, Skin in the Game Is Critical
(Reuters) You might want to make sure your hedge fund managers have lots of skin in the particular game you are playing alongside them. You might also want to make sure they don’t grow a fund too large. Those are […]
US Stocks Haven’t Been This Unpopular Since the Financial Crisis
(The Business Insider) Investors are souring on US stocks to an extent not seen since the start of the financial crisis. Global fund managers have a 20% net underweight allocation to US equities, which is the lowest since January 2008, […]
Goldman’s Rotten Trading Quarter is a Familiar Smell on Wall Street
(Reuters) Big Wall Street banks have spent billions of dollars and untold man-hours in recent years transforming their trading desks from hedge-fund like operations trading on their own account into market-making businesses offering a price based on what customers want […]