Monthly Archives: July 2017
Gondor Hedge Funds In Double-digit Returns In First Half of 2017
(Hedgeweek) New York-based Gondor Capital Management’s two hedge funds again edged their benchmarks with double-digit returns in the first half of 2017, consistently outperforming the S&P 500. Gondor’s domestic hedge fund Gondor Partners, LP jumped 11.90 per cent through June […]
Third Point Said To Gain 4.6% In Q2, Add Alibaba And BlackRock To Portfolio
(FINalternatives) Dan Loeb’s Third Point hedge fund reportedly rose 4.6% in the second quarter, driving a solid 10.7% return in the first half of 2017 and placing it among the few managers that beat a racing S&P 500 Index’s 8.3% […]
Activist Investor Urges Sale of Barnes & Noble
(Reuters) Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc (BKS.N) to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence. Sandell, which said it […]
SEC Announces $2.5 Million Whistleblower Award
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of nearly $2.5 million to an employee of a domestic government agency whose whistleblower tip helped launch an SEC investigation and whose continued assistance enabled the SEC to address a […]
A $13bn Hedge Fund Is Sounding the Alarm on One of the Biggest Trends In Investing
(The Business Insider) A $13 billion hedge fund that flies under the radar is sounding the alarm on one of the biggest investment trends: quants and passive investing. Highfields Capital Management flagged concerns this week about computer-driven trading in its […]
Fund Managers and Strategists Think the Bull Market Is Ending Next Year
(Bloomberg) America’s second-longest bull run in stocks on record will end by late 2018, when U.S. credit also will enter its first bear market since the global crisis, according to a Bloomberg survey of fund managers and strategists. The poll […]
Hedge Fund Marcato Demands That Rent-A-Center Sell Itself
(Reuters) Marcato Capital Management LP demanded on Tuesday that Rent-A-Center Inc start the process of selling itself or the activist hedge fund threatened to work to throw out board members up for re-election at next year’s annual meeting. The San […]
Jefferies Just Hired a Former Goldman Big Shot for a Big Derivatives Role
(The Business Insider) Jefferies has hired Peter Seccia, a former Goldman Sachs partner, as global head of equity derivatives. He will be based in New York, and will work closely with global head of equities Peter Forlenza and Matt Foulds, […]
$13bn Hedge Fund: Jeff Bezos’ Deal for Whole Foods is ‘True Genius’
(The Business Insider) A $13 billion hedge fund says there’s an aspect to Jeff Bezos’ bid for Whole Foods that is “pure genius” – the fact that Amazon is valued so highly by the market. Highfields Capital Management, a Boston-based […]
Which Factors Topped the List in the Second Quarter of 2017?
(Harvest) Growth and momentum again topped factor performance in the second quarter of 2017, with smaller-cap versions of both factors outpacing their large-cap counterparts. Growth stocks were in such favor during the quarter that the Russell 2000 Pure Growth Index […]
Artificial Intelligence, Explained
(Harvest) From personal assistants like Siri, to movie suggestions on Netflix, artificial intelligence (AI) is rapidly becoming ubiquitous in everyday life. As this technology continues to advance in capability and prevalence, we sought to explore AI and several closely related […]
S&C GlobeOp Forward Redemption Indicator: July Notifications 2.57%
(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for July 2017 measured 2.57%, down from 3.59% in June. “SS&C GlobeOp’s Forward Redemption Indicator of 2.57% for July 2017 represents a year-over-year improvement from the 2.95% reported in July 2016,” said Bill […]