Monthly Archives: August 2016
Hedge Funds Turn Ultra-Bearish on Crude and Gasoline
(Reuters) Hedge funds have turned very bearish towards both crude and refined products over the last two months amid signs of an oversupply of gasoline. Hedge funds and other money managers added the equivalent of 56 million barrels of extra […]
Aussie Declines as RBA Rate Cut Wrong-Foots Bullish Hedge Funds
(Bloomberg) Australia’s dollar fell after the central bank cut interest rates to a record, wrong-footing hedge funds betting on the currency’s strength. The Aussie weakened against its 16 major peers after Reserve Bank of Australia Governor Glenn Stevens and his […]
Hedge Funds Raise Bearish Pound Bets to Record Before BOE
(Bloomberg) Hedge funds and other large speculators have boosted their bearish bets against the pound to the most since records began in 1992, according to U.S. Commodity Futures Trading Commission data. A U.K. report Monday suggested they may be right. […]
Fake Hedge Fund Manager Gets Seven Very Real Years In Prison
(Dealbreaker) Rosalind Herman’s got a lot of time to think about the division of labor between her and her erstwhile partner, Gregg Caplitz, who received half of her sentence. Seven years, to be precise, the last three-and-a-half of which she’ll […]
China Regulator Shutters 10,000 Funds
(Reuters) China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move […]
Boston Area Adviser Gets 7 Years in the Slammer For Fake Hedge Fund
(Bizjournals) A Woburn, Mass. investment adviser has been sentenced to seven years in prison for helping to convince clients to invest more than $1.3 million in a bogus hedge fund company and using their money for personal expenses. Rosalind Herman, […]
Agile Fund Solutions expands team in Southern California as industry specialists join their hedge fund CFO business.
(HedgeCo.Net) “Southern California presents a major opportunity for Agile. Greg is a veteran player in the SoCal market and has overseen hedge funds and family offices across all size scales,” said Vincent Calcagno, CEO. “Coupled with Andi’s experience serving hedge […]
AIMA: Global Private Credit Market Booming
(Fin Alternatives) The global market for alternative private financing for small- and medium-sized businesses is flourishing, according to a new report published by the AIMA’s Alternative Credit Council and consulting firm Deloitte, with institutional capital supporting private lending activities around […]
SkyBridge Opens London Office, Hires KIO’s Alquraini
(Fin Alternatives) Anthony Scaramucci’s SkyBridge Capital has opened a new office in London and brought aboard former Kuwait sovereign wealth executive Hesham Alquraini to lead it. To read this article:
Multi-manager hedge funds suffer losses in first-half 2016
(Reuters) It only took six months for some of the world’s most prominent team-based hedge funds to go from winners to losers. Blackstone Group’s Senfina Advisors, Citadel’s Global Equities Fund and the Visium Global Fund were among the so-called multi-manager […]
Equity Market Highs, Bond Yields at Record Lows. Who’s Right?
(Harvest) The difference there is we’re seeing a bond market that is predicting recession and the companies are actually saying things are not that bad. And I think that’s what the equity market is showing you right now. To read […]
Vanguard Fund Shuts Out New Money
(CNBC) At a time when dividends and buybacks are reaching a peak, signs the trend could be slowing. Vanguard is shutting new investors out of its $30 billion Dividend Growth mutual fund, which has seen $3 billion in cash inflows […]