Monthly Archives: August 2016
Brexit Bulletin: Hedge Funds Against the Pound
(Bloomberg.com) Hedge funds have made record bearish bets against sterling as Brexit pummels the currency, while some analysts believe a pound will be worth the same as a euro in 18 months. Large speculators raised net bearish wagers on the […]
Can you make money in commodities?
(Harvest) Can you make money in commodities? Some will say no if you cannot get the roll or income carry working for you. A recent paper in the Financial Analyst Journal “Conquering Misconceptions about Commodity Futures Investing” describes the abject […]
Smaller reigns supreme in hedge funds
(New York Post) When it comes to hedge funds, the little guy has the upper hand. Smaller hedge funds — those with less than $100 million in assets under management — have notched the greatest year-to-date gains, standing at 4.1 […]
Hedge fund caught short as doom-monger Crispin Odey is the WORST performer in 2016
(This is Money) Crispin Odey – the charismatic hedge fund manager who correctly bet on the financial crisis of 2008 – has been caught short by the rally since the Brexit vote and is emerging as the worst performing European […]
Activists And Distressed Hedge Funds Lead In July & YTD; 79% of funds post gains
(Valuewalk) With global capital markets rebounding in July, the environment benefited concentrated equity-focused exposures most, but gains were prevalent across the industry. Hedge funds produced their most broadly positive month since February 2014, with 79% of all funds posting gains. […]
Ackman cheers as Fidelity funds unload more Herbalife shares
(The Business Insider) One of Herbalife’s largest investors sold more of the company’s stock, just weeks after the U.S. government told the protein shake maker to reorganize its business, according to a filing with the U.S. Securities and Exchange Commission….. […]
David Tepper’s hedge fund exits Facebook, Delta and others
(New York Post) David Tepper’s Appaloosa hedge fund is so over Facebook. The fund completely exited its position in the tech darling during the second quarter, it disclosed in a regulatory filing on Friday — after being in the stock […]
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 […]
SEC: Investment Adviser Boasted Phony Assets and Track Record, Stole From Client
(HedgeCo.Net) — The Securities and Exchange Commission today announced fraud charges against a San Francisco man and his investment advisory firm accused of pretending to manage millions of dollars in assets and then stealing money from the first client who […]
SS&C GlobeOp Hedge Fund Performance Index Gains 1.83% in July
(Fin Alternatives) Hedge fund returns as tracked by global administrator SS&C GlobeOp returned to positive territory following June’s dip, while the company’s measure of industry asset flows also recovered. To read this article:
Mariner Investment Group Closes Third CLO at $503M
(Fin Alternatives) Global alternative asset manager Mariner Investment Group has closed its third collateralized loan obligation at $503 million, bringing the total raised by the company’s leveraged credit group to $1.5 billion across three vehicles in the last two years. […]
Hedge Fund Results and Cryonic Debt
(Bloomberg) Barclays put out a big sad report about the hedge fund industry this week, and this may be the saddest chart: To read this article: