Monthly Archives: August 2017
Citadel’s Main Multi-Asset Funds Up +6.8% YTD On Equity Rally
(FINalternatives) Several hedge fund strategies at Ken Griffin’s $27 billion alternative asset manager Citadel, including its flagship Kensington and Wellington funds, have reportedly booked banner months in July and are outperforming broad industry benchmarks for the year to date. To […]
Martin Coward’s dormouse Gains +2.88% in July
(FINalternatives) Quantitative investment manager dormouse reversed several months of negative returns in July, as trend following CTAs were broadly able to get on the right side of movements in currency and commodity markets. To read this article:
U.S. Hedge Fund King Street Capital holds 5.81 pct in Toshiba
(Reuters) U.S. hedge fund King Street Capital Management owned a stake of 5.81 percent in Toshiba Corp as of July 31, according to a Japanese securities filing by the fund. King Street Capital bought the stake for investment purposes, the […]
Citadel’s Flagship Funds Gain Almost 7% This Year
(Bloomberg) The two main funds at Ken Griffin’s $27 billion Citadel have gained almost 7 percent this year, helped by its equity bets. The Kensington and Wellington funds, which trade across asset classes, each rose 6.8 percent in the first […]
Hedge Fund: Correction May Loom for Bank Stocks
(Bloomberg) Shares of India’s banks may be set for a pullback, according to Vikas Gattani, chief investment officer at Singapore-based fund manager Progress Asia Capital and Advisors Pte. “In the absence of any sharp uptick in banking credit and a […]
Hedge Funds Return To Selling Ags – Although Cocoa Gets Buying Spree
(Agrimoney) Hedge funds returned to net selling in agricultural commodities for the first time since June, as the exit of risk premium from grains more than offset a scramble to cut bearish bets on softs – in cocoa, at the […]
Ex-Millennium Trader Langlois Preps New Hedge Fund
(Reuters) Former Millennium Capital Partners and Brevan Howard Asset Management trader Arnaud Langlois is preparing to launch equities hedge fund Terreneuve Capital, two sources familiar with the matter told Reuters. Langlois plans to launch Terreneuve – which will use a […]
Trillions in Stock and Derivative Trades at Risk Over New EU Rules
(Bloomberg) Trading in blue-chip stocks and trillions of dollars of derivatives could be thrown into turmoil by the European Union’s MiFID II regulatory overhaul unless the bloc acts fast to give financial firms full freedom to transact in foreign markets. […]
Standard Bank Starts Prime Broker To Gain From Hedge Fund Growth
(Business Live) Standard Bank Group, Africa’s largest lender by assets, plans to start a prime brokerage next month to benefit from regulatory changes in SA it expects will boost the hedge fund industry. The bank anticipates having five hedge fund […]
Japanese Politics: Caution Warranted
(Harvest) Prime Minister Shinzo Abe’s declining clout could affect BOJ policy.After Japan’s Prime Minister Shinzo Abe reshuffled his Cabinet on 3 August, the big question is whether his administration can regain public support. In just the last two months, Abe’s […]
India’s Reform Movement Gains Momentum
(Harvest) Earlier this summer we traveled to India—it was a good time to visit. The country has put through some ambitious reforms in recent years under the leadership of Prime Minister Narendra Modi, who took office in May 2014. India’s […]
CTA performance picks up marginally in July,
(HedgeWeek) Following a frustrating period in June, three of the Societe Generale’s CTA indices posted positive performance in Jul, with the SG CTA index was up 0.73 per cent, but still down year to date at -2.74 per cent, the […]