Monthly Archives: August 2016
Hedge-Fund Investors Dumping Lagging Funds
(Valuewalk) Fascinating development: Hedge-Fund Investors Dump Laggards, 84% Redeem in First Half. To read this article click here:
Meyer’s Hedge Fund Assets Drop to $6 Billion as Returns Flag
(Bloomberg) Jack Meyer, the investor who built a multibillion hedge fund firm after more than quadrupling the size of Harvard University’s endowment, has seen assets erode to below the level he started with a decade ago following weak performance. Convexity […]
Einhorn’s Greenlight Fund Jumps 4.8% in July as Stocks Rally
(Bloomberg) The main fund at David Einhorn’s Greenlight Capital rose 4.8 percent in July as U.S. stock markets saw their strongest month since March. The gains boosted the hedge fund’s 2016 return to 5.7 percent, according to an e-mail sent […]
Visium Asset Management to Fire 24 Employees
(Bloomberg) Jacob Gottlieb’s Visium Asset Management plans to fire 24 employees in New York as the firm liquidates its hedge funds following charges against three former employees. The cuts are expected to start on Oct. 26 and continue for “a […]
Hedge Funds Betting Treasuries Rally Has Further to Run
(Bloomberg) Hedge funds and other large speculators set the biggest bet on benchmark Treasuries in more than three years, suggesting they’re confident a record-setting rally has further to run. Traders boosted their positions in 10-year futures to a net 185,521 […]
Ex-Fifth Third Banker Starts Mortgage-Bond Hedge Fund
(HousingWire) It’s one thing to talk about striking out on your own, leaving the nurturing biosphere of a big bank behind and opening your own shop. It’s another thing to actually do it. But Kevin Taylor is doing just that. […]
Top Hedge Fund Moves: A Look At Emanuel Friedman & Daniel Och’s Bullish Moves in Small Caps
(Benzinga) Tracking hedge funds moves is central to many investment strategies, as it may provide with interesting, research-backed ideas. Emanuel J. Friedman’s EJF Capital is bullish on micro-cap bank holding company Westfield Financial, Inc. (NASDAQ: WFD). On Friday, the fund […]
Moving To Cash: Something Mutual Funds and ETFs Can’t Do
New York (HedgeCo.Net) A phrase that gets used quite often on the financial networks is “risk-on risk-off”. Given the huge decline in the market last week it was mostly risk-off that was being spoken and with good reason. Risk-on risk-off […]
Hedge Funds Becoming Less Bearish On Gold
New York (HedgeCo.net) – With the increasingly volatile global stock market changing rapidly, hedge funds and other institutional investors seem to be moving away from their bearish positions on gold. If we look at the Commitment of Traders report from […]
Double Line Capital Becomes Second Manager To Buck Trend
New York (HedgeCo.net) – In somewhat of a contrarian move, Jeffrey Gundlach and his firm DoubleLine Capital have launched a new commodities based mutual fund. Just one month ago Wells Fargo launched a commodities based hedge fund in what seemed […]
Hedge Funds In U.S. Seen Curbing Damage From August Turbulence
(Bloomberg) Everyone on Wall Street had the same question last monday: which hedge fund managers lost, and how much? But as financial markets fell across time zones in a day of harrowing swings, some managers had the same answer: none […]
The Stock That Burned 2-Hedge Fund Billionaires Is Getting Decimated
(Business Insider) David Einhorn of Greenlight Capital and Leon Cooperman of Omega Advisors both lamented their stakes in SunEdison, a manufacturer of solar-energy components, earlier this month.The share price at the time was $16.80.It has almost halved since then, dropping […]