Monthly Archives: July 2017
Hedge Funds’ Active Positioning in Crude Oil
(Reuters) Hedge funds are some of the most important and dynamic participants in the oil market but public information on their positions and behavior is severely limited. The only comprehensive information on hedge fund positions that is regularly available is […]
Vanguard Builds a Fleet of Active Funds to Dominate Overseas
(Bloomberg) Walking through Vanguard Group’s headquarters in Malvern, Pennsylvania is a lesson in naval history. Paintings of the 18th-century ship that inspired the company’s name jostle with seascapes and a framed letter from legendary British Admiral Horatio Nelson. Even the […]
Hedge Funds in the United Kingdom
(All About Alpha) Just prior to the June 8 election in the UK this year, Preqin took a look at the state of the hedge fund industry there. Interest in this subject matter is high for the alternative industry globally, […]
Elliott Tries a Texas Charm Offensive to Outdo Berkshire’s Oncor Bid
(Bloomberg) The New York hedge fund run by billionaire Paul Singer is trying to convince Texas stakeholders that its deal to buy the state’s biggest power distributor, Oncor Electric Delivery Co., will be superior to Berkshire’s. Elliott has representatives in […]
Ex-Lehman Trader Loses Most of $83m Bonus Bid – US Appeals Court
(Reuters) A former star Lehman Brothers Holdings Inc trader can try to recoup only about $7.7 million of an $83 million bonus he claimed to be owed after the investment bank collapsed in 2008, a federal appeals court ruled on […]
John Paulson Can Lose Money Just Fine On His Own, Thank You Very Much
(Dealbreaker) Two years ago, things were going pretty well for Paulson & Co. For what felt like the first time in memory, the firm was making money. Of course, it wasn’t making nearly as much as it had lost the […]
CEO: Hedge Fund, ‘Shadow Managers’ Bad for P&G
(Cincinnati TV.com) Procter & Gamble CEO David Taylor praised hedge fund boss Nelson Peltz as a shrewd investor, but said he wasn’t up to snuff for the company’s board of directors. Earlier this year, Trian Fund Management acquired a $3.3 […]
This Basic Balanced Index Fund Is Beating the Hedge Fund Averages
(Marketwatch) It’s turning into another wonderful year for everyone involved in the hedge fund business. Except, of course, for the clients. Stop me if you’ve heard this one before. The leading index of hedge funds shows that this collection of […]
Lower Volatility Forever? Don’t Bet on It
(Harvest) Volatility continues to reside at perplexingly low levels. The Chicago Board Options Exchange (CBOE) Volatility Index – better known as the VIX – recently experienced its longest streak of consecutive trading days below 10, which is well below its […]
AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry
(FINalternatives) The hedge fund industry comprises two branches. One includes firms managing $1bn or more in assets. This group’s star managers feature regularly in the pages of The Wall Street Journal and the Financial Times. It contains about 10% of […]
Goldman Launches New Online Lending Strategy for Mass Affluent
(The Business Insider) Goldman Sachs Group Inc is launching a new digital platform where customers of other wealth management firms and brokerages can apply for loans, the bank said on Thursday. The platform, called GS Select, will make loans of […]
Billionaire Hedge Fund Manager Beating the Market Is Giving Up On ‘Fading Trump Trade’
(CNBC) Third Point, the hedge fund managed by billionaire Dan Loeb, said it reduced investments in the “fading ‘Trump Trade’” during the second quarter, according to an investor letter obtained by CNBC. The firm is instead repositioning the portfolio toward […]