Monthly Archives: August 2019
Pension World Reels From ‘Financial Vandalism’ of Falling Yields
(Bloomberg) A once-unthinkable collapse in global bond yields is forcing pension funds to buy bonds that offer negative returns — putting the financial security of future retirees in jeopardy. U.S. institutions managing trillions of dollars in retirement savings — including […]
Oil funds sidelined by economic uncertainty
(Reuters) – Hedge fund managers cut short positions in petroleum last week amid slow vacation trading and continued conflicting signals about the health of the economy and the outlook for oil supply. To read this article:
Hedge Funds From Autonomy to Odey Tumble on Argentine Swoon
(Bloomberg)Big hedge funds thought they could maneuver through the minefields of Argentine politics. Instead, they got clobbered. Autonomy Capital and VR Capital Group saw their gains for the year wiped away after starting August with wagers on the South American […]
The Currency Soros Couldn’t Break is Tempting Hedge Funds Again
(Bloomberg) Crispin Odey has some advice for the traders ramping up wagers against Hong Kong’s currency: try something else. “There are lots of good bets around at the moment,” said Odey, whose penchant for bold trades has made his hedge […]
‘I Would Be Shocked’: $14 Billion Illinois Bond Fight a Longshot
(Bloomberg) The municipal-bond market is putting long odds on a think-tank chief’s bid to have $14 billion of Illinois debt tossed out in court. While the yields on some of the challenged state bonds jumped by more than a third […]
Compliance Warnings as a ‘Stress Test’ — Questions Raised by The Epstein Case
(Reuters) As much as the compliance function at many financial institutions now sits as an equal partner alongside the businesses units they work with, every now and then something comes along to make one wonder what is the actual status […]
These Macro Funds Are Winning Big in August as Volatility Surges
(Bloomberg) Several macro hedge funds are on track for a banner month in August as fears of slowing global growth and protracted trade tensions sparked a long-awaited resurgence of volatility in currency and credit markets. Hedge funds from New York’s […]
The World’s Best-Performing Hedge Fund Is Up 278% This Year
(Bloomberg) Three years ago, Chong Chin Eai watched Donald Trump’s shock election victory roil markets. His months-old Vanda Global Fund Ltd., founded with $24 million from friends and family, was down more than 50%. At his nadir, Chong considered using […]
Indictment Issued Against Investment Adviser Named in SEC Action
(HedgeCo.Net) A federal grand jury in Los Angeles has indicted investment adviser Motty Mizrahi on wire fraud charges, in a seven count indictment.The SEC previously charged Mizrahi and his sole proprietorship MBIG Company in an emergency action where it obtained […]
Hedge Funds From Autonomy to Odey Tumble on Argentine Swoon
(Bloomberg) Big hedge funds thought they could maneuver through the minefields of Argentine politics. Instead, they got clobbered. To read this article:
For Baffled Wall Street, Trump Markets Are ‘Weirder’ Than the 2008 Crisis
(Bloomberg) Donald Trump’s trying to win a trade war, so don’t talk to him about 600 points in the Dow Jones Industrial Average. But for traders coping with the price impact of his tirades, it’s all they want to talk […]
Eschler’s long/short hedge fund gains from gold, uranium and energy-related industrials
(Opalesque) Eschler Asset Management LLP’s founder Theron de Ris, who launched a small long/short deep value hedge fund seven years ago while working full time, tells Opalesque about his fund’s evolution since his April 2013 interview with New Managers. To […]