Monthly Archives: August 2016
Here are the stocks the hedge fund titans have been buying and selling
(Yahoo Finance) The stocks that hedge funds bought and sold during the second quarter are being revealed throughout the day, and some big names have made big moves. Hedge funds of a certain size are required to disclose their long […]
Hedge Funds Are Losing Endowments After Exodus of Pensions
(Bloomberg) Following the lead of pensions, some U.S. endowments and foundations are souring on hedge funds. Hedge fund fees and lagging performance are cause for concern for nonprofit investors, who are reducing their allocation, according to a survey published Monday […]
Quorum Health Rises; Appaloosa Hedge Fund Reports 2.6% Stake
(Bloomberg) Quorum Health Corp., the hospital chain spun off by Community Health Systems Inc., rose 15 percent on Monday after Appaloosa Management LP reported a 2.6 percent stake in the company. Appaloosa, a hedge fund based in New Jersey, owned […]
The Financialization Of Commodities – Traders Have to Broaden Their Vision
(Harvest) There has been much discussion on the impact of institutions and indexing on commodity markets. Most of the press has been negative. Large institutional non-hedgers are believed to have distorted prices and increased the correlation with other asset class. […]
Chinese Hedge Fund Liquidations Touch Record In First Half Amid Poor Market Performance
(South China Morning Post) A record number of hedge funds in China were forced to liquidate owing to woeful performance in the first half of this year, exacerbating the bearish sentiment on the weak A-share market. According to Beijing Gesafe […]
Huge US Hedge Fund Uses Dublin Hub to Avoid Tax On Global Assets
(The Irish Times) Davidson Kempner, one of the world’s biggest hedge funds with assets of more than $25 billion, uses Ireland as a hub to domicile distressed loans linked to assets all over the world, paying almost no corporation tax […]
Hedge Funds up Bullish Platinum, Palladium Bets Near Record
(Mining.com) Platinum futures trading on the Nymex market in New York lost $13.70 an ounce to $1,115 on Monday, down from 15-month high hit last week. Palladium contracts gained slightly but stayed below $700 an ounce as the metal retreats […]
Hedge Fund Manager Charged in Scheme Involving Terminally Ill
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges against a hedge fund manager and his firm accused of paying terminally ill individuals to use their names on purportedly joint brokerage accounts so he could purchase investments on behalf […]
SEC Charges Stockbroker and Friend With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission today charged a stockbroker and his friend with participating in an insider trading scheme to profit in advance of two major announcements out of a pharmaceutical company. The SEC alleges that Paul T. Rampoldi […]
Preqin Survey: Private Equity Managers Optimistic About Industry’s Prospects
(Fin Alternatives) Private equity managers are predicting growth in their industry over the next twelve month, according to a new survey from industry data provider Preqin, driven by growing investor interest and an expected increase in exits. To read this […]
Hedge Funds Mark Fifth Consecutive Month Of Gains In July
(Valuewalk) The hedge fund industry posted overall returns of 2.17% in July, marking the largest cumulative period of positive performance since May 2013, with the industry returning 6.96% since the beginning of March. As a result, 2016 YTD returns now […]
Visium Trader-Turned Whistle-Blower Tied to Hedge Fund’s Demise
(Bloomberg) A former trader at Visium Asset Management LP told an ex-colleague that one of his first stops after leaving the firm was the SEC. What he didn’t say was that he had turned on his former co-workers and was […]