Monthly Archives: November 2016
BlackRock’s Rieder not backing down from emerging market bet
(Reuters) Top BlackRock Inc (BLK.N) bond investor Rick Rieder said earlier this week tht he was not ready to completely back down from his bet on emerging markets despite a recent rout. “We think emerging markets is going to represent […]
Hedge Fund Assets Grow Despite Investor Redemptions
(Opalesque) Preqin’s latest on asset flows in the hedge fund industry finds that across the first three quarters of 2016 assets held by hedge fund managers increased by 2.9%, taking total industry AUM to $3.24tn. Across most strategies, strong returns […]
Pay Disparity at Hedge Funds Increases
(Opalesque) Throughout 2016, media coverage of declining compensation and personnel reductions at hedge funds has been overblown. This year, the widening YTD performance gap will translate to large increases in bonuses for top-performing funds and decreases in bonuses for bottom-performing […]
The Single Greatest Predictor of Future Stock Market Returns
(Harvest) In the short term, there is no absolutely reliable indicator of future stock market performance. However, when looking at the longer term, one variable stands out among them all. To read this article:
SEC Trading and Markets Director Stephen Luparello Steps Down
(HedgeCo.Net) The Securities and Exchange Commission today announced that Stephen Luparello, Director of the Division of Trading and Markets, will leave the agency by the first of the year. He was named director of the office in February 2014. Mr. […]
Big banks may not profit from Trump as much as markets think: UBS’s Fitzpatrick
(Reuters) The stock rally in financial stocks since the U.S. presidential election may slow down if the new administration fails to cut red tape for big banks, a top UBS Group AG (UBSG.S) asset management executive said on Thursday at […]
Once terrified, hedge fund managers warm to Trump
(Reuters) Hedge fund managers were largely united in their dislike for Donald Trump before the election. Now they are optimistic that he can use his pro-growth policies to improve the economy – and their portfolios. “Investors … were over-weighing the […]
Icahn lauds ‘consensus builder’ Trump, says rally may be overdone
(Reuters) Billionaire activist investor Carl Icahn said the strong rally in U.S. stocks since Donald Trump captured the White House might be overdone, but that investors can expect the president-elect to be a consensus builder who can help fix Washington […]
Euro Zone Nations Turn to Hedge Funds to Meet Borrowing Needs
(Reuters) Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs…With banks playing a less active part in the sovereign debt market because of pressures on their balance sheets, several countries have turned to […]
What The Top Hedge Fund Manager Can Teach You About Focus
(Valuewalk) We’ve all become completely absorbed in an activity and lost track of time. Psychologists refer to this process of complete focus and concentration as being in a “state of flow.” Achieving flow has obvious benefits in improving productivity, and […]
Hedge Funds Hold Back Amid Dollar’s Biggest Rally Since 2008
(Bloomberg) As the dollar charged toward its best gain since the global financial crisis, hedge funds held back.Wagers among large speculators for the U.S. currency to rise against eight major peers climbed by only 15 contracts to a net 221,204 […]
Brexiteer Odey’s Fund Loses 369 Million Euros
(Reuters) Hedge fund manager Crispin Odey lost about 369 million euros (313.03 million pounds) in the year to Nov. 14 despite being one of the biggest financial winners of Britain’s vote to leave the European Union. The Odey European Fund […]