Monthly Archives: September 2015
Chinese Probes Shaking Confidence Of Fund Managers
New York (HedgeCo.net) – As the Shanghai Composite Index continues its volatile ways with a definite downward skew, Chinese authorities have stepped up their investigations as to what is causing the chaotic swings. According to a recent report from Reuters, […]
Ackman Joins Loeb and Einhorn With Big August Loss
New York (HedgeCo.net) – In an article on Tuesday, we pointed out how David Einhorn’s Greenlight Capital and Daniel Loeb’s Third Point lost 5.3% and 5.2% in August. While these two managers might be licking their wounds a little, they […]
Model Spotlight: HedgeCoVest Basic Materials Long/Short Model
New York (HedgeCo.net) Since the end of February, the basic materials sector has been the second worst performing sector, second only to the energy sector. The Materials Select Sector SPDR (NYSE: XLB) was down just over 20% from the beginning […]
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 […]
Biogen Patent Survives Challenge By Hedge Fund Manager Bass
(Reuters) In another setback for prominent hedge fund manager Kyle Bass and his campaign to eliminate some drug patents, the U.S. Patent and Trademark Office on Wednesday declined to hold a trial on the validity of a patent on Biogen […]
China Shock a Boon for This Hedge Fund That Bets on Volatility
(Bloomberg) 36 South Capital Advisors, a London-based volatility hedge fund, profited from China’s surprise devaluation when it triggered a global market rout that spurred losses in an index of its peers. Three of 36 South’s strategies, which bet on rising […]
China Hedge Funds Face Worst Month In 16-years
(Bloomberg) China-focused hedge funds probably had their worst month in almost 16 years in August, with firms including Orchid Asia Group Management and APS Asset Management Pte suffering losses from the nation’s stock market collapse. Greater China hedge funds plunged […]
The Disappearance of A Top Fund Manager Could Be a Sign That China Is Tightening Its Grip
(The Business Insider) Beijing has tightened its grip on a financial market plagued by irregularities and left reeling from turbulence. The latest effort involves the Chinese hedge fund manager Li Yifei, whose disappearance from public view in the past two […]
Apple Has a Tough Year Ahead
(CNBC) The prospect of slowing iPhone sales later this year limits the upside for Apple’s stock, one tech analyst said Tuesday. In the final quarter of last year, the tech giant sold a record 74.5 million iPhones. With a “really […]
Two Of America’s Biggest Pension Funds Give BOA a Thumbs Down
(The Business Insider) Two of America’s biggest public pension funds — the California Public Employees’ Retirement System (Calpers) and the California State Teachers’ Retirement System (Calstrs) — sent a joint letter on Monday to the bank’s lead director, Jack Bovender. […]
Liquid Alts Perform As Advertised In Volatile Market
New York (HedgeCo.net) – While the market has been climbing for the last six years, the popularity of liquid alternatives has grown tremendously. After the last bear market in 2007-2009, investors were looking for investments that could withstand volatile or […]
HedgeCoVest Versus Market Vectors Indices in August
New York (HedgeCo.net) – August was a rough month for the global stock market as all major indices lost at least 5% on the month and some saw double-digit losses. With that market environment as a backdrop, Market Vectors Index […]