Monthly Archives: September 2018
PointState Alum’s Long-Short Hedge Fund Surges 88%
(Bloomberg) Center Lake Capital, started in 2014 by former PointState Capital money manager Adam Parker, soared 88 percent this year through August, according to a person with knowledge of the matter, who asked not to be identified because the information […]
Digital Asset Hedge Fund Manager Charged With Misrepresentations and Registration Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced its first-ever enforcement action finding an investment company registration violation by a hedge fund manager based on its investments in digital assets. The SEC entered an order finding that Crypto Asset Management […]
The Incredible Shrinking Hedge Fund
(Bloomberg) You’d be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn’t […]
Hedge funds continue to struggle as asset weighted returns for the year turn negative
(Hedgeweek) The Eurekahedge Hedge Fund Index was flat-to-marginally positive at 0.05 per cent during August, trailing the MSCI AC World Index (Local) which gained 1.06 per cent over the month. To read this article:
For Hedge Fund Stars, Being Right in 2008 Proved to Be a Curse
(Bloomberg) It was the spring of 2008, and David Einhorn gave the most memorable speech of his career. At a conference in Manhattan, the hedge fund manager took to the stage at the standing-room-only concert hall and delivered a scathing […]
LCJ Investments Joins Kettera’s Hydra Marketplace
(Hedgeweek) LCJ Investments is to offer its discretionary-driven FX strategy on Hydra, Ketera Strategies’ managed account marketplace for macro, commodities and liquid equity hedge fund strategies. LCJ’s Macro Strategy is a discretionary, fundamentals-based, global macro program that expresses its views […]
Two Brokers Charged With Defrauding Customers
(HedgeCo.Net) The Securities and Exchange Commission charged two brokers for recommending excessive levels of trading that were costly for retail customers but lucrative for the brokers. In separate complaints filed in federal court in Manhattan on Friday, the SEC alleges […]
Alternative investment industry to grow by $2.5 trillion in next three years
(Hedgeweek) The size of the alternative investment industry will grow by USD2.5 trillion in the next three years, according to new research from international asset manager Fidante Partners. To read this article:
Higher volatility puts low beta strategies in a sweet spot
(Hedgeweek) Low beta strategies outperformed in the hedge fund space last week. Merger arbitrage, which structurally has a low beta versus equity markets, was the sole strategy in positive territory, according to the latest Weekly Brief from Lyxor’s Cross Asset […]
Hedge fund Tiger Global ups stake in Fiat Chrysler to $1 billion
(Reuters) – U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles (FCHA.MI) to 873.3 million euros (767,919 pounds), a recent filing with the Dutch regulator showed. Tiger, which runs around $22 billion in assets in […]
Hedge funds turn bullish again on oil:
(Reuters) – Hedge fund managers have turned bullish again towards crude and fuels, adding a significant number of new long positions in the last two weeks, after spending much of the previous four months liquidating positions. Hedge funds and other […]
A Stock-market Bear Signal Is At A More-than-4-decade High, Says Goldman
(Yahoo News) A gauge of bullish and bearish momentum in the U.S. stock market is ringing alarms for strategists at Goldman Sachs. The investment bank’s so-called bull-bear indicator, which examines five market factors, indicates that the likelihood of a bear […]