Monthly Archives: July 2015
Fund Manager Profile and Insights: Ron Breitigam, Lake Austin Advisors
New York (HedgeCo.Net) Lake Austin Advisors is an alternative investment manager located in Austin, Texas. Founded and seeded by successful technology entrepreneur Joel Trammel, the firm runs actively managed trading strategies available to both institutional, family office and high net […]
Are Investors Too Prepared For a Market Correction?
New York (HedgeCo.Net) A recent Bank of America Merrill Lynch survey of the company’s money management clients indicates that fund managers are optimistic, but they are also the most cautious they have been in years. • 31% of those surveyed […]
Chinese Hedge Fund Shanghai Chaos Closes Out Copper Short
(Financial Times) A Chinese hedge fund that made a huge bet against copper has closed out its entire position in the metal, as the sell-off in the country’s stock market forces investors to pull money out of other markets. A […]
Greek “No” Meets Month of Hedge Fund Caution as Shorts Jump
(Bloomberg) Hedge funds riding equities toward their best year since the financial crisis turned cautious in the runup to Greece’s “no” vote Sunday. Rising short sales sent a gauge of manager bullishness compiled by Evercore ISI down 1.3 percentage points […]
Hedge Funds See More Demands Fueled By Solid First Half Returns
(Reuters) Hedge funds will likely attract billions of dollars in new money in the next six months after posting solid returns in the first half even as Wall Street’s sell-off, sparked by Greece’s debt drama, took a bite out of […]
Horizon Stops Withdrawls From Hedge Funds As Greek Exposure Bites
(Reuters) Horizon Capital Management has suspended a hedge fund running almost a third of its capital in Greek assets because it cannot fully assess the value of holdings amid the country’s deepening debt woes, a letter to investors obtained by […]
Annual Barron’s Hedge Fund List Released
New York (HedgeCo.net)- The annual Barron’s Hedge Fund List was released over the weekend and for the second straight year, Glenview Offshore Opportunity Fund came in at number one. The fund managed by Larry Robbins accumulated a three-year annualized gain […]
Tough June For Big Name Hedge Funds, Not Our Composite Models
New York (HedgeCo.Net) June was a tough month for the overall market with the S&P 500 losing 2.1% over the course of the month as the debt crisis in June spooked investors in the last week and that drop was […]
Industry Survey Suggests Blended Portfolios On The RIse
New York (HedgeCo.net) – Citigroup recently released its sixth annual Industry Evolution Survey and the results showed that investment managers are working on portfolios that make use of new products and attempt to build dynamic portfolios that blend different asset […]
A Bullish Outlook For Affiliated Managers Group
(Reuters) In this article, let’s take a look at Affiliated Managers Group Inc. (AMG), a $11.99 billion market cap company, which is an asset management company with equity investments in a group of boutique investment management firms, or Affiliates. To […]
Puerto Rico Utility, Creditors Close To A Deal To Avoid Default
(Wall Street Journal) The Puerto Rico Electric Power Authority and its creditors were close to a deal Tuesday that would allow the cash-strapped utility to pay more than $400 million to bondholders, said people familiar with the matter, potentially staving […]
Greece Might Be A “Lehman Moment.”
(CNBC) U.S.-based investors have so far remained relatively calm in face of Greek financial and political turmoil. But one hedge fund manager wonders if the distress could be a signal of something akin to the 2008 financial crisis. Related Stories […]