Monthly Archives: August 2016
NASSIM TALEB: The markets will crash again and a lot of people will get hurt
(Yahoo Finance) Nassim Taleb, the man who popularized the “black swan” theory, recently did a Q&A with Yahoo Finance. Taleb, the author of “The Black Swan” and “Antifragile,” is the “Distinguished Scientific Advisor” to Universa Investments, a hedge fund founded […]
$9 BILLION HEDGE FUND: There’s one big problem with Netflix
(Business Insider) Netflix has a problem: It’s you. That’s according to Crispin Odey, one of London’s biggest hedge fund managers. Voracious consumers are watching Netflix’s content more quickly than the online streaming service can replenish it, Odey said during his […]
Oil Bear Market Attracts Record Bets on Further Price Slide
(Bloomberg) Hedge funds have gone all-in on lower oil prices, counting on seasonal weakness to play out again this year. Money managers increased wagers on declining crude prices to a record as futures dropped to the lowest in more than […]
Hedge Funds Make Last Place at $61 Billion Massachusetts Pension
(Bloomberg) The New Jersey Investment Council last week voted to cut its target allocation to hedge fund managers by 52 percent, following similar moves by pensions in California and New York. The institutions are disappointed by the combination of high […]
Hedge Funds Post Gains for Fifth Consecutive Month in July
(Fin Alternatives) Hedge funds posted gains for the fifth consecutive month in July, the longest positive streak since 2013, driven by Equity Hedge and Event-Driven strategies, as equity and credit markets recovered Brexit losses. To read this article:
Lyxor: CTAs Continue to Stand Out
(Fin Alternatives)European banks pulled back again after the European Banking Authority released stress test results. Investors reacted further when a few large banks missed profit estimates. To read this article:
Anandar Capital Fund Liquidates After Partner Disagreement
(Bloomberg) Anandar Capital Management, the hedge fund started by former Magnetar money managers Min Htoo and Jordan Teramo, is returning money to investors, according to a letter obtained by Bloomberg. The liquidation of the New York-based firm is due to […]
One Of The World’s Biggest Hedge Funds Is Backing The Bank Of England
(Business Insider) Bridgewater Associates, one of the world’s largest hedge funds, and perhaps the most recognisable name in the industry, has given the Bank of England’s new stimulus package the thumbs up in a note circulated to clients. Analysts from […]
Investment Adviser Charged With Failing to Clearly Disclose Additional Costs to Investors
(Hedgeco.Net) The Securities and Exchange Commission has announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled […]
Apollo Global Management Expresses Interest in Acquiring Rackspace
(Fin Alternatives) Private equity investment firm Apollo Global Management has expressed interest in the acquisition of Rackspace Hosting Inc. in an effort to increase its investments within the tech industry. To read this article:
Hedge funds have done a terrible job at picking stocks this year
(Business Insider) Hedge funds are not doing too hot in 2016. Performance metrics took a hit through the first six months of the year. Hedge fund tracker Eurekahedge found the industry netted a $5.2 billion performance loss through the first […]
Carl Icahn is Getting Stomped by Sticking to One of His Deepest Convictions
(The Business Insider) Carl Icahn still believes the market is going to crash. Icahn Enterprises, the holding company helmed by Icahn, reported a second-quarter loss on Thursday morning, and a lot of that can be attributed to the company’s investment […]