Monthly Archives: August 2016

(Yahoo Finance) A number of hedge funds snapped up cancer drug maker Medivation’s stock during the second quarter possibly making for a nice win. On Monday, Medivation’s (MDVN) stock surged around 20% after pharma giant Pfizer (PFE) said it would […]

(Fin Alternatives) Fund administration provider MainstreamBPO Limited has agreed to acquire fellow hedge fund admin company Fundadministration. To read this article:

(Reuters) Folger Hill Asset Management has suffered through investor redemptions and losses that have cut the hedge fund firm’s assets by nearly one-third from its 2015 peak, people familiar with the situation told Reuters. Launched in 2014 by an acolyte […]

(Bloomberg) Mark Connors, Credit Suisse’s global head of risk advisory, discusses the performance of hedge funds with Bloomberg’s David Gura and Oliver Renick on “Bloomberg Markets.” To read this article:

(Reuters) Sihan Shu left Paulson & Co at the end of June and is in the early stages of preparing his own hedge fund firm, according to two people familiar with the situation who requested anonymity because the information is […]

(Bloomberg) Bank of East Asia investors are treading on thin ice. The last big independent Hong Kong bank refuses to be sold, even as its operating performance is slowly crushed. Shareholders face whiplash if Elliott Management, the activist firm urging […]

(Agrimoney.com) Hedge funds returned to a bearish bias on ags – although not by much, as improved sentiment towards cocoa and wheat prices offset some of the impact of data-fuelled sales in corn and cotton. Managed money, a proxy for […]

(Reuters) Japan-focused hedge funds may be ready to start nibbling at Tokyo shares again after suffering losses earlier this year by betting on a weaker yen.Though the outlook for the yen remains as murky as ever ahead of Bank of […]

(HITC Business) One of the U.K.’s best-known fund managers has scrapped bonuses at his investment management firm, saying there is little correlation between bonuses and performance. Woodford Investment Management, founded by star stock-picker Neil Woodford, said Monday that it had […]

(Harvest) I recently was giving a presentation on the various risks stalking global markets, speaking from a list in a PowerPoint deck. Included were the usual suspects: negative growth shocks, China, commodity prices, over-aggressive action by the Fed, the strong […]

(Bloomberg) Billionaire Paul Tudor Jones, who’s facing his worst performance since the global financial crisis, wants to show investors he hasn’t lost his mojo. Jones, the legendary macro trader, boosted the amount of money he’s managing, including borrowed capital, to […]