Monthly Archives: August 2016
Barclay Hedge Fund Index up 1.99 per cent in July
(Hedgeweek) Hedge funds gained 1.99 per cent in July, according to the Barclay Hedge Fund Index compiled by BarclayHedge. Year to date, the index is up 2.66 per cent. “The confluence of post-Brexit central bank accommodation, positive Q2 earnings, and […]
Hedge Fund Managers are Waiting For The World to Change
(The Business Insider) Hedge fund managers seem to be waiting for the world to change. It’s well known at this point that these funds are having a tough time of it. They’ve returned about 3% this year on average, according […]
Why All the Fun Is Going Out of Hedge Funds
(Bloomberg) One attorney who specializes in hedge funds told me that private-placement memorandums and a hedge fund’s founding documents typically contained boilerplate language that used to give the fund a lot of discretion regarding expenses and fees. So long as […]
Inside the Secretive US Hedge Fund Stalking British Companies
(The Telegraph) The UK is a particularly attractive destination for activists, he adds. Unlike in continental Europe, many British companies have dispersed shareholder registers, making it easier for funds to build stakes and push for change. Policymakers also increasingly want […]
How This Hedge Fund Robot Outsmarted Its Human Master
(Bloomberg) Yoshinori Nomura felt like weeping. It was the morning of June 24, Brexit day, and markets were moving against him. Well, not against him, exactly. It was the hedge fund manager’s self-learning computer program that had placed the bet, […]
The World’s Biggest Bond Traders Are on a Negative Yield Binge
(Bloomberg) It might be considered absurd, if not for the unprecedented contortions in global financial markets. Pacific Investment Management Co.’s largest international bond fund and China are piling into negative-yielding Japanese debt, buying securities that pay out less than the […]
Distressed Credit Draws Hedge Fund Clients, Morgan Stanley Says
(Bloomberg) Investor interest in hedge funds betting on distressed credit is growing as weaker economic growth creates more investment opportunities, according to Morgan Stanley. Almost half of investors surveyed by the U.S. bank’s prime brokerage unit said they may start […]
Hedge Funds Slash Bullish Natgas Bets, Fearing Less Summer Heat
(Reuters) Hedge funds and other speculators cut their bullish exposure to U.S. natural gas to June lows, data showed on Friday, after varying forecasts for summer led to worries about reduced air conditioning needs and demand for gas-fueled power. Money […]
SEC Obtains Asset Freeze in Case of Investor Funds Stolen for Shopping Sprees
(HedgeCo.Net) The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly […]
Company Punished for Severance Agreements That Removed Financial Incentives for Whistleblowing
(HedgeCo.Net) The Securities and Exchange Commission today announced that a California-based health insurance provider has agreed to pay a $340,000 penalty for illegally using severance agreements requiring outgoing employees to waive their ability to obtain monetary awards from the SEC’s […]
The favorite tech stocks of the best hedge funds
(CNBC) With the Nasdaq composite just below record highs, here are the stocks the best tech stock-picking hedge funds think will ride any rally higher.CNBC PRO used Symmetric.io, a hedge fund tracking research firm, to find the top tech stocks […]
NYHFR: Alternative Industry Weighs in on Presidential Election
(Fin Alternatives) Hillary Clinton is heavily favored to win the November presidential election, according to a new survey by the New York Hedge Fund Roundtable, despite mixed opinions about which candidate would be better for the economy and stock market. […]