Monthly Archives: September 2015
Hedge Fund Returning 107% Sees More China, Emerging-Market Pain
(Bloomberg) As hedge fund managers take a beating from the slowdown in China, Ray Bakhramov is flying high. Bakhramov, the chief investment officer of the $100 million Forum Asset Management, said he’s been betting on an emerging-market slump since 2012. […]
Aberdeen Asset Management to acquire investment manager Advance Emerging Capital
(Banking Business Review) Aberdeen Asset Management has reached an agreement to acquire 100% stake in British specialist investment manager Advance Emerging Capital (AEC) for an undisclosed amount.The acquisition is in line with Aberdeen’s strategy to bolster its alternatives capabilities to […]
Inside These Hedge Funds, Special Money Managers for the Boss
(Bloomberg) Step inside Table Management, an obscure investment firm in New York, and something strange happens: you’re transported to the rarefied realm of Bill Ackman, the billionaire hedge fund manager.Table, it turns out, is sort of a secret wrapped in […]
Picky banks play hardball with hedge fund clients
(Reuters) For Jonathan Kinlay, no novice at setting up a hedge fund, this time around was much harder.In the traditional Grand Tour of investment banks looking for help to finance his trading, he was politely turned down by no less […]
Hayman’s Bass says Asian banks face increased loan losses – CNBC
(Reuters)- Kyle Bass, founder of hedge fund Hayman Capital Management, told CNBC on Tuesday that Asian banks face a sustained period of increased loan losses and that global gross domestic product growth would slow more than expected as a result. […]
Bluecrest’s Macro Hedge Fund Gains During Volatile August
(Bloomberg) BlueCrest Capital Management’s global macro hedge fund rose 0.6 percent in August, according to a person familiar with the situation, as concerns of a slowdown in China roiled global stock markets. Michael Platt’s BlueCrest Capital International beat other hedge […]
Credit Suisse Index Falls In August
New York (HedgeCo.net) – The Credit Suisse Hedge Fund Index, the last of the main hedge fund indices, released August results yesterday and it showed the broad index lost 1.99% during the month. The monthly result erased the gains from […]
GM Popular With Hedge Funds
New York (HedgeCo.net) – General Motors was a stalwart investment for portfolio managers as the company was relatively stable and paid a decent dividend. Of course that was before we entered the 21st century and the company declared bankruptcy and […]
Litman Gregory Offers Exposure to High-Conviction Managers
(Daily Alts) Insomnia is often the curse of entrepreneurs, and Litman Gregory co-founder Ken Gregory isn’t one of the lucky ones immune to the affliction. But of course, genius has its benefits. One fateful night, Mr. Gregory was awakened from […]
David Tepper: Good time to take money off the table
(CNBC) Hedge funder David Tepper said he’s “not as bullish” as he could be—taking a more cautious view of the stock market almost five years to the day since his comments on CNBC sparked the “Tepper Rally” in the stock […]
Aberdeen expands rapidly in liquid alts, acquires Arden in the US
(Hedgefund Intelligence) Aberdeen Asset Management has agreed to acquire Arden Asset Management in a move that will allow the firm to enhance its global hedge fund solutions capability, increase its profile and presence in the US and position itself as […]
Australian Hedge Funds On Track To Crack $100bn
(The Australian) “But for every pension fund that has announced they are coming out of hedge funds (following the CalPERS move, there are several more coming in or increasing that allocation.’’ Australian hedge fund managers are on track to crack […]