Monthly Archives: July 2016
China Hedge Funds Turn More Bullish On Stocks After Brexit Vote
(Bloomberg) China’s hedge fund managers, including some of the best performers during last year’s rout, are turning bullish on stocks as the nation’s shares remain resilient after Britain’s vote to leave the European Union. About 76 percent of funds planned […]
Dymon Hedge Fund Positioned On Right Side Of Brexit Tops Peers
(Bloomberg) A top-performing hedge fund is sticking with wagers on a stronger yen and a weaker pound after the positions paid off following the U.K. referendum to leave the European Union. The Dymon Asia Currency Value Fund jumped an estimated […]
SEC: Nashville Firm Schemed to Collect Extra Fees From Hedge Funds
(HedgeCo.Net) — The Securities and Exchange Commission has charged a Nashville, Tenn.-based investment advisory firm and its owner with scheming to collect extra monthly fees from a pair of hedge funds they managed. Examiners in the SEC’s Atlanta office detected […]
Investors Added $6.57B into Hedge Funds in May; Macro Inflows Ahead Of Brexit
(Valuewalk) The hedge fund industry’s assets climbed above the psychological $3 trillion milestone for the first time in 2016 as investor allocations were positive for the third month in the last four. It appears the redemption pressures from last year’s […]
Maryland Endowment Plans to Cut Worst-Performing Hedge Funds
(Bloomberg) The University of Maryland’s endowment is planning to yank the most expensive and worst performing hedge fund investments, following other managers who are frustrated with high fees and low returns. “Some hedge fund managers are doing very well and […]
Two British Hedge Funds Out Of 67 Surveyed By Preqin May Leave Country
(Reuters) Two British hedge fund firms out of 67 surveyed by data provider Preqin are considering moving operations out of the country after the vote to leave the European Union on June 23. London plays host to $472 billion in […]
The world according to a $2 trillion investment chief you’ve probably never heard of
(The Business Insider) Mark Haefele is probably the most influential voice in the market you’ve never heard of. A former lecturer and acting dean at Harvard University who was also once a hedge fund manager, Haefele is now global chief […]
Growing Unease as British Mutual Funds Block the Exit Doors
(New York Times) This week, six asset management firms in Britain decided to refuse, for the moment, cash demands from those seeking to escape funds that invest in commercial real estate in the country. The rush for the exits followed […]
Hedge Funds Set For Worst Performance Since 2011
(Valuewalk) The hedge fund industry is heading for its worst first half performance since 2011, according to Hedge Fund Research Inc.’s Global Hedge Fund Index. For the year to June 29, the hedge fund index lost 1.1% the worst performance […]
Crowded Trades Delivering Hedge Fund Pain
(Valuewalk) The US quantitative risk model at AllianceBernstein was in neutral for months, but jumped several levels right into high risk immediately following the Brexit vote. Their forward-looking global risk management model is showing signs of potential increased volatility ahead. […]
Legendary Hedge Fund Wants to Use Atomic Clocks to Beat High-Speed Traders
(Bloomberg) Patent application no. 14/451,356 has one goal: to outrun the speed demons of Wall Street. The 16-page document was quietly published by the U.S. Patent and Trademark Office in February. Replete with schematic drawings, the filing describes a novel […]
Ray Dalio’s McDonald’s-Inspired Hedge Fund Is Crushing His Flagship Fund
(Fortune) They are the two biggest hedge funds in the world. Bridgewater Associates’ world’s largest hedge fund, run by Ray Dalio, is not only underperforming the market this year, but it’s lagging way behind another Bridgewater fund that basically runs […]