Monthly Archives: September 2018
Hedge funds stay bullish on Brent while trimming WTI
(Reuters) – Hedge fund managers have remained bullish towards Brent even as the approach of Hurricane Florence turned them against WTI and refined fuels were hit by liquidation. Hedge funds and other money managers cut their combined net long position […]
Activist ValueAct raises stake in Horizon Discovery
(Reuters) – Activist hedge fund ValueAct Capital has nearly doubled its stake in Horizon Discovery Group (HZDH.L), buying an additional 7.5 million shares from Woodford Investment Management. To read this article:
Hedge funds wake up to old market maxim: Don’t Fight The Fed
(Reuters) – Finally, the market looks to be buying into the Fed’s view on U.S. interest rates. And it’s a long time since that’s been the case. To read this article:
Citadel Taps Whiz Andrew Liebeskind to Trade for $30bn Hedge Fund
(New York Post) Billionaire investor Ken Griffin has hired Andrew Liebeskind as a senior trader for his massive, $30 billion Citadel hedge fund… To read this article:
London Loses Top Spot to New York in Financial Survey Due to Brexit
(Reuters) New York has overtaken London as the world’s most attractive financial center, a survey said on Wednesday, as Britain’s decision to leave the EU prompts banks to shift jobs out of the city to keep access to Europe’s single […]
What’s next for Latin America?
(Harvest) If you’re an investor, there’s a lot to fret about in Latin America right now. NAFTA’s future is up in the air. The region’s two largest economies–Mexico and Brazil–have elected or are likely to elect populist presidents. Argentina is […]
SS&C GlobeOp Hedge Fund Performance Index at 0.71 per cent for August
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index August 2018 measured 0.71 per cent. To read this article:
SEC Charges Investment Advisers With Defrauding Retail Advisory Clients
(HedgeCo.Net) The Securities and Exchange Commission has charged an Indianapolis-based investment advisory firm and its sole owner with selling approximately $13 million of high-risk securities to more than 120 advisory clients – many of whom are current or former teachers […]
‘King of Political Intelligence’ Sentenced to Prison for Insider Trading
(Bloomberg) A one-time “King of Political Intelligence” got a year in prison for insider trading — a sentence that sends a warning to Washington consultants that profiting from government secrets can be as risky as trading on confidential company information. […]
CTAs make the most of a volatile August
(Hedgeweek) In the hedge fund space in August, CTAs outperformed and delivered positive returns in the range of 2-3 per cent depending on the benchmark, according to Lyxor’s latest Hedge Fund Brief. To read this article:
Cash is King as Hedge Fund Trilogy Erects Trade-War Barricades
(Bloomberg) Trilogy Capital Management LLC is increasing cash levels at its credit hedge fund in a defensive move to protect returns, saying a trade war between the U.S. and China will impact all markets and cause unpredictable ramifications. The New […]
Hedge Fund Diamondback Founders Schimel and Sapanski Plan New Fund
(Reuters) The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government’s insider trading probe, have reunited and are working on a new investment project, people familiar with the matter said.Richard Schimel and Larry […]