Monthly Archives: August 2016
Eurekahedge: Industry Outflows Total $5.7B in July
(Fin Alternatives) Investors pulled an additional $5.7 billion from hedge funds in July, the third consecutive monthly outflow, to bring total redemptions to $20.7 billion over the period. To read this article:
S & P Global Intelligence: Hedge Funds Continue to Shed Equity Positions in Q2/16
(Fin ALternatives) Hedge funds continued to trim equity positions in the second quarter despite improving market sentiment, according to the latest edition of S&P Global Market Intelligence’s Hedge Fund Tracker report. To read this article:
Tudor Demands Top Traders Take More Risk in Hedge Fund Shakeup
(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 […]
Hedge Funds Bet on the Mating Dance
(Bloomberg) Poor, poor hedge funds.Returns have plummeted and investors are fleeing. Pensions headed for the exits, and now endowments are close behind.No hedge fund seems to be immune from the fallout. Brevan Howard and Tudor Investment are just the latest […]
The world’s biggest hedge funds have loaded up on these 10 stocks
(Yahoo Finance) During the second quarter, the 50 biggest hedge funds started buying stocks again, increasing their equity exposure by 0.3%, according to a new report from FactSet. Hedge funds bought consumer stocks, while they sold off financials and healthcare, […]
Big Four Banks Sued by US Hedge Funds over BBSW
(Financial Review) The big four Australian banks, Macquarie and a dozen international investment banks who were members of the panel that set the bank bill swap rate, a key benchmark interest rate, have been sued in the US District Court […]
When Hedge Funds Are Paid to Be Too Big
(Reuters) Combine the standard hedge fund compensation model with the reality of declining fund performance as assets under management increase and you have a whopping conflict of interest. Unlike mutual funds, hedge funds typically get an incentive fee, usually 20 […]
Steve Eisman’s Next Big Short Is Hedge Fund Fees
(Bloomberg) Steve Eisman made his name and fortune by foreseeing the collapse of subprime mortgage securities. Now he’s betting against a different kind of Wall Street money machine. He thinks hedge fund fees are going to tumble. Eisman works at […]
The Quants Are Taking Over Wall Street
(Forbes) Paul Tudor Jones helped define the rich hedge fund industry by placing big contrarian trades that made him a billionaire, like anticipating the 1987 stock market crash. But in 2001 he quietly made one of his best trades ever […]
Och-Ziff Jumps as Hedge Fund May Be Spared in Bribery Probe
(Bloomberg) Shares of Och-Ziff Capital Management Group LLC, which is under investigation by U.S. authorities for bribery, rose on news that the hedge fund firm’s main business may avoid conviction in the probe. The New York investment firm, which is […]
Hedge Fund Maglan Demands Removal of Four Fairpoint Board Members
(Reuters) Hedge fund Maglan Capital demanded on Wednesday that telecom carrier FairPoint Communications remove four board members, stepping up pressure on a company whose shares it believes could trade 70 percent above their current value. In a letter sent to […]