Monthly Archives: August 2016

As Hedge Fund Rout Deepens, Japan Post Considers to Invest

(Bloomberg) After struggling to attract money, smaller Asian hedge funds may be about to get some relief, courtesy of a $2 trillion Japanese asset manager. Japan Post Bank Co.’s investment division is considering backing smaller or newly created Asian hedge […]

Hedge Funds Relinquishing Shorts as S&P 500 Hovers Around Record

(Bloomberg) The steady drumbeat of gains that has lifted the S&P 500 Index in six of the last seven weeks is making life difficult for bears. Hedge funds that aim to profit from long and short bets have raised net […]

China Buoys MSCI Inclusion Odds With Hong Kong-Shenzhen Link

(Bloomberg) China has boosted the chance of getting its domestic stocks included in MSCI Inc.’s main benchmarks after approving a program that will allow investors in Hong Kong to trade equities on the Shenzhen exchange. By further opening its $6.5 […]

Tudor Said to Cut 15% of Workforce After Withdrawals, Losses

(Bloomberg) Billionaire Paul Tudor Jones dismissed about 15 percent of the workforce in a shakeup at his hedge fund that’s reeling from more than $2 billion in investor withdrawals this year. Tudor Investment Corp., which oversees $11 billion and employs […]

Northern Trust: ‘Slow Growth Angst’ To Drive 5-Year Returns

(Fin Alternatives) New research from global asset manager Northern Trust shows the firm expects most investments to generate single-digit positive returns over the next five years, predominantly due to slow economic growth and persistent low interest rates. To read this […]

U.S. Charges Gabonese Man For Bribe Scheme Involving Hedge Fund

(Reuters) A Gabonese man who consulted for a joint venture involving a U.S. hedge fund was arrested on Tuesday on charges that he participated in a scheme to bribe officials in Africa to obtain mining rights.Samuel Mebiame, who authorities say […]

Steven Cohen Settles With US Commodities Agency

(The Daily Mail) Billionaire hedge-fund manager Steven A. Cohen, who was earlier accused of failing to prevent insider trading at his firm, has agreed in a settlement with the government not to engage in any activities overseen by federal commodities […]

Hedge-Fund Firms Brevan Howard, Tudor Battle Losses

(Wall Street Journal Interactive) A growing exodus from hedge funds extended to two of the biggest names in the industry Tuesday, Tudor Investment Corp. and Brevan Howard, as disenchanted investors increasingly shun what was once the hottest place to put […]

Bain Capital Hedge Fund Chief Ted Pappendick Said to Leave Post

(Bloomberg) Ted Pappendick is leaving as head of Bain Capital’s hedge fund unit and will be replaced by a veteran money manager who had worked at Adage Capital and Och-Ziff Capital Management Group, according to two people with knowledge of […]

Can Two Negatively Correlated Investments Both be Positive YTD?

(Harvest) What… How can two negatively correlated investments both by in positive territory for the year? With stocks back at all-time highs, one might think managed futures programs – you know, the poster child of performing during stock market crisis […]

Former Goldman Sachs Trader Settles Fraud Charges

(HedgeCo.Net) — The Securities and Exchange Commission today announced that the former head trader in residential mortgage-backed securities (RMBS) at Goldman Sachs has agreed to be barred from the securities industry and pay $400,000 to settle charges that he repeatedly […]

Hedge Fund Titans Lightened Q2 Equity Positions as Stocks Rose

(Fin Alternatives) Several big-name hedge fund investors soured on U.S. stocks in the second quarter and moved to gold and other bearish bets, failing to anticipate the stock market rally in the current quarter. To read this article: