Monthly Archives: July 2018
SEC Charges Wyoming Man for Offering Fraud Targeting Elderly Ministry Members
(HedgeCo.Net) On July 11, 2018, the Securities and Exchange Commission charged a Wyoming company and its principal for an offering fraud targeting primarily elderly Asian-American and Asian members of an online Christian ministry. The SEC’s complaint, filed in the United […]
Hedge Fund Investors Pull Money for First Time Since 2017
(Bloomberg) Investors pulled about $3 billion from hedge funds in the second quarter, the first quarterly outflow since early 2017. Macro hedge funds led net outflows in the period, with $2.8 billion leaving the strategy, according to a report Thursday […]
Active fund managers in the U.S. and Europe have slashed their equity holdings — giving some Wall Street players confidence stocks have further room to run.
(Bloomberg) That may sound counter-intuitive at first. But the reasoning is based on a well-established fear dogging this long-lived bull market: crowding, or the risk the investing herd will exacerbate sell-offs when volatility erupts. To read this article:
JP Morgan Alternative Asset Management launches forum promoting ESG integration to hedge fund managers
(Hedgeweek) JP Morgan Alternative Asset Management (JPMAAM) is strengthening its efforts to assist hedge fund managers who are interested in increased adoption of environmental, social and governance factors into their underlying strategies and businesses. This week JPMAAM hosted its first […]
Majority of hedge fund pros use AI/machine learning in investment strategies
(Hedgeweek) Artificial intelligence and machine learning are reshaping the alternative investments landscape, but professional financial managers still make the most pivotal decisions. That’s the conclusion of the latest Barclay Hedge Fund Manager/Investor Survey, a quarterly report on the sentiments of […]
Sector rotation drags L/S Equity lower, says Lyxor
(Hedgeweek) Risk assets were under pressure during the second half of June as trade war concerns escalated. The MSCI World was down 3 per cent in USD terms during the second half of June, since Trump approved tariffs on Chinese […]
Ex-Point72 Portfolio Manager to Launch Macro Hedge Fund Entheos
(Reuters) Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of 2019, two sources familiar with the situation […]
Three Top Staff Leave Macro Hedge Fund MarkhamRae After Assets Plunge
(Reuters) At least three top staff recently left London-based hedge fund firm MarkhamRae, which has underperformed its peers and saw three of its biggest investors pull out almost $300 million. Head of Distribution Kerry Duffain, Cameron Christie, a partner, and […]
Puerto Rico Battles Shortsighted Hedge Funds
(Bloomberg) One of the more enlightening scenes in the recently concluded season of “Billions” 1 came in the second episode, when the team at Axe Capital learns that a Black Swan event has taken place: a tsunami in Brazil. The […]
Emerging Tech is Booming
(Harvest) Emerging technology is taking off at an impressive rate. We don’t mean early stage technology that is being used in developed markets but rather existing technology being adopted in emerging markets. The sector composition of what drives emerging markets […]
Hedge Funds Take in $4.0bn in May
(Hedgeweek) Demand for hedge funds crept upwards in May, according to the Barclay Fund Flow Indicator, as equity markets rebounded and the US economy improved. Industry assets remained at an all-time high of USD3.0 trillion…. To read this article:
Fund Manager And Icahn Protege Is Bullish On Three Drug Stocks Including Biogen
(CNBC) Sarissa Capital Management chief investment officer Alex Denner highlighted Biogen as one of his top stock picks Wednesday. He also named Ironwood Pharmaceuticals and The Medicines Company as two compelling investments….. To read this article: