Monthly Archives: August 2018
Internal Strength Drives US Stocks
(The Technical Analyst) US stocks can be expected to continue to rally to new highs as internal breadth points to further strength, says Ari Wald at Oppenheimer. US stocks can be expected to continue to rally to new highs as […]
Hedge Funds and Stock Price Formation
(Harvest) Using comprehensive quarterly data on hedge fund stock holdings, we study the role of hedge funds in the process of stock price formation. We find that hedge funds tend to hold undervalued stocks and that both hedge fund ownership […]
ESG Survey: Spotlight On Integration By Fixed Income Managers
(Harvest) Over the last few years, Russell Investments’ manager research team has conducted an annual ESG survey of global fixed income managers. From this survey, we’ve observed a rapid growth in the awareness of environmental, social and governance (ESG) factors. […]
Crayhill Capital Management Names Sloan Sutta As Managing Director
(Opalesque) Crayhill Capital Management LP, an alternative asset management firm that specializes in private credit investments, announced today the appointment of Sloan Sutta as Managing Director. Mr. Sutta will be a senior member of Crayhill’s investment team, and his responsibilities […]
Final Judgment Issued Against Research Scientist Charged with Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission has obtained a final judgment against the research scientist who, according to the SEC, searched the internet for tips on avoiding the SEC’s detection before placing one of his illegal trades and made approximately […]
Brevan Howard To Launch $750 Mln Hedge Fund
(Reuters) Brevan Howard Asset Management plans to launch a new $750 million fund directly managed by a group of traders, the firm’s listed fund company told investors in a monthly shareholder report. The launch of the new Alpha Strategies Master […]
Fleeing Investors Heighten Strain on $165 Billion Swiss Firm
(Bloomberg) Alexander Friedman is struggling to contain the damage of a series of troubling missteps at the Swiss investment firm he’s run since 2014. The latest came this week, when GAM Holdings AG took the unusual step of freezing withdrawals […]
China Reminds Hedge Funds That the Yuan Is a Dangerous Short
(Bloomberg) It’s exactly the kind of shock that many hedge fund managers feared as they mulled whether to bet big against China’s currency. In a surprise statement on Friday night, the People’s Bank of China announced a rule tweak that […]
Activist Hedge Fund PrimeStone Halves Stake In KCom Group
(Reuters) PrimeStone Capital, KCom Group’s second biggest shareholder, cut its stake in the British telecoms company by more than half to 3.86 percent, a filing showed on Thursday. Activist hedge fund PrimeStone, which was founded by three former partners from […]
Tesla Shares Spike, Dealing Short-Sellers a $1.7 Billion Loss
(Reuters) Tesla Inc (TSLA.O) shares soared 16 percent on Thursday, a day after the electric car maker’s better-than-expected quarterly report, and financial analytics firm S3 Partners said short-sellers were slammed with $1.7 billion in paper losses on the day. S3 […]
The Hidden Reason Why Hedge-Fund Returns Are at Risk
(Bloomberg)Smart money is blindsided by a flaw of its own making hiding in plain sight — an investing maxim quants have known for an age. Blame bets on volatility. Research from Robeco Asset Management’s David Blitz concludes hedge funds have […]
Och-Ziff Lures Cash With CLOs as Its Hedge Fund Clients Flee
(Bloomberg) Och-Ziff Capital Management Group LLC succeeded in pulling in fresh capital for a second straight quarter, but the cash didn’t come from their hedge funds — which keep losing money. Net inflows of $1.2 billion came from issuing collateralized […]