Monthly Archives: July 2016

SoftBank bid for ARM catches some hedge funds off guard

(Reuters) – A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group’s surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent. The set-back for […]

The Bond Market: Beware of Junkyard Dogs

(Harvest) In his latest missive, Deutsche Bank’s Oleg Melentyev, arguably the best in class high yield analyst among his sell-side peers, warned of the perils of investing in this “frenzied market.” To read this article:

Hedge Fund Outflows Slowed in Second Quarter as Quant Funds Won

(Bloomberg) The amount of money leaving hedge funds slowed in the second quarter as firms that rely on computer algorithms made money in the selloff following the U.K.’s vote to exit the European Union. The industry saw $8.2 billion in […]

Platinum Partners Liquidates Funds

(Reuters) The hedge fund caught up in a New York City municipal union kickback scandal is now liquidating two of its funds, The Post has learned. Up to now it was believed that Platinum Partners, which allegedly paid the union […]

Visium Asset Management to Fire 33 People as Funds Shutter

(Bloomberg) Jacob Gottlieb’s Visium Asset Management plans to fire 33 employees in New York as the firm liquidates its hedge funds following charges against three former employees. The cuts will happen as early as October, Visium said Tuesday in a […]

Hedge Fund Assets Grew in H1 Despite Performance Losses

(Reuters) Hedge fund assets grew by $19.9 billion in the first six months of 2016 despite performance losses of $5.2 billion, industry tracker Eurekahedge said on Tuesday. Of $25.1 billion in investor money added to hedge funds, $7.2 billion went […]

SEC: Citigroup Provided Incomplete Blue Sheet Data for 15 Years

(HedgeCo.Net)— The Securities and Exchange Commission has announced that Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete […]

Reuters Poll: Global Equity Outlook Dims As Risk Aversion Rises

(FinAlternatives) Despite recent records, optimism about stock market performance this year has wilted as investors fret about the global economy, unexpected shocks later this year, and the intensifying pull between stretched share prices and overbought bond markets, a recent Reuters […]

Why hedge funds suddenly have to be cautious about donating to Trump

(Yahoo Finance) The presumptive Republican presidential candidate Donald Trump may end up having trouble raising money from the deep-pocketed hedge fund and private equity community. Trump, who already trails behind Hillary Clinton in the fundraising arena, selected sitting Indiana Governor […]

Inside the High-Profile Downfall of a $8 Billion Hedge Fund

(Bloomberg) Long before Jacob Gottlieb was forced to unwind his Visium Asset Management last month amid insider trading allegations, red flags were emerging at the once $8 billion hedge fund. In its early days, Visium employed Gottlieb’s younger brother as […]

When Active Managers Go All-In

(Harvest) Active Managers, as measured by NAAIM, have increased their exposure to U.S. equities to 96.5%. This is quite high, in the 98th percentile of historical readings dating back to July 2006. To read this article:

Managers Looking at Alternative Investments Differently

(Harvest) I can’t help but wonder what kinds of returns would be possible if investors and asset management firms changed their perspective just a bit and took a road less traveled every once in a while. If we wondered less […]