Monthly Archives: September 2016
Hedge Fund Fees Need to Fall Further, Investor Survey Finds
(Bloomberg) Hedge fund fees need to fall further according to an investor survey by Preqin Ltd., as the industry struggles to justify its 2-and-20 fee structure amid lackluster returns. Seventy-three percent of institutional investors said management fees need to decline […]
Why The Bonds Between Banks and Fintechs Are Strengthening
(City A.M) ROE for the top global investment banks is falling. Over the past few years the industry has been facing challenges on many fronts: continued and increasing structural costs, fast-changing regulatory reform, conduct issues and capital requirements, to name […]
Meet the Only Female Activist Hedge Fund Manager Shaking up U.S. Companies
(Fortune) Dianne McKeever doesn’t like to talk about the fact that she’s a woman. But her gender has made her a groundbreaker on Wall Street: The moment she launched Ides Capital last year, the 38-year-old became the only woman running […]
Hedge Fund Fees Need to Fall Further, Investor Survey Finds
(Bloomberg) Hedge fund fees need to fall further according to an investor survey by Preqin Ltd., as the industry struggles to justify its 2-and-20 fee structure amid lackluster returns. Seventy-three percent of institutional investors said management fees need to decline […]
Third Point’s Loeb: BOJ Move Will Be ‘Positive’ For Markets
(Reuters) Billionaire investor Daniel Loeb, whose Third Point hedge fund has recently pushed for change at Japanese companies, said on Wednesday that he approved of the Bank of Japan’s monetary policy move, but added corporate reform is still needed to […]
SEC Charges Hedge Fund Manager Leon Cooperman With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission today charged hedge fund manager Leon G. Cooperman and his firm Omega Advisors with insider trading based on material nonpublic information he learned in confidence from a corporate executive. The SEC alleges that Cooperman […]
Tiger Cub Citrone Sees Market in Biggest Correction Since 2008
(Bloomberg)Robert Citrone, the Tiger cub who now runs one of the best-known macro hedge funds, is warning investors that the market moment they’ve been anticipating is at hand. “We believe we are in the midst of the market correction we […]
2/20 Gone: Average Hedge Fund Performance Fee Falls To 17.6%
(Valuewalk.com) Andrew Law’s macro hedge fund Caxton Associates is the latest high-profile hedge fund to cut its asset management fees as investor backlash grows against high fees and poor performance in hedge fund sector. Under the new regime, the firm […]
Popular Quant Hedge Fund Strategy Is Suddenly Doing Terribly
(Bloomberg) For once, the trend was nobody’s friend. Commodity trading advisers, the catch-all phrase for a breed of quantitative investors who use trends in asset prices and volatility as trading signals, posted some of the hedge fund industry’s worst losses […]
Cohen’s Point72 Goes on Biggest Ever Hiring Spree in Asia
(Bloomberg) Steven Cohen’s Point72 Asset Management has been on its biggest ever hiring spree in Asia, seeking higher returns amid turmoil in the global hedge fund industry. The Stamford, Connecticut-based family office, which manages $11 billion, recruited 31 people for […]
Top China Hedge Fund Bucks Losses With Bets on Consumer Stocks
(Bloomberg) Bets on consumer-related stocks and high-end manufacturers have helped Grace Lu vault to the top ranks of China-focused hedge fund managers this year, bucking industry-wide losses. Lu, who runs the $85 million GH China Century Fund at Singapore-based Lygh […]
Tactical Investing in Global Macro and Managed Futures
(Harvest) There are good times to invest in global macro and managed futures on a tactical level and there are other periods when the investment decision should be made on a strategic level. There are conditions when divergent strategies which […]