Monthly Archives: November 2016
Big Data Is a Big Mess for Hedge Funds Hunting for Trade Signals
(Bloomberg) It was big data’s big moment. The most unfathomable U.S. presidential race in memory gave Predata, a startup firm backed by hedge fund manager Kyle Bass, a chance to cut through the vitriol and coolly calculate the winner by […]
SEC Charges Renewable Energy Company, CEO, and Others With Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission today filed fraud charges against four individuals and others who allegedly profited by defrauding investors in a cash-strapped California-based renewable energy company. Patrick Carter, the founder and CEO of 808 Renewable Energy Corp. was […]
Wall Street Closely Following Selection Process for New U.S Treasury Secretary
(FinAlternatives) Donald Trump’s plan to spend as much as half a trillion dollars on infrastructure and slash taxes – initiatives that could add dramatically to the U.S. debt and balloon the budget deficit – has Wall Street following the selection […]
Timing is Everything: Hedge Funds Dumped Healthcare Stocks Ahead of Election
(FinAlternatives) Hedge funds were prepping for a Hillary Clinton win heading into the fourth quarter, according to an analysis of regulatory filings compiled by S&P Global Market Intelligence and released as part of their latest quarterly Hedge Fund Tracker. To […]
Do Hedge Fund Managers Have the Best Work-life Balance In Finance?
(Yahoo Finance) People who work in hedge funds have the best work-life balance in the finance industry, according to a new survey. Around four-fifths of hedge fund managers reported their work-life balance being either great or satisfactory, according to a […]
A 20-year-old who dropped out of NYU says he has raised $5 million for his hedge fund
(The Business Insider) A 20-year-old who dropped out of NYU says he has raised $5 million for his hedge fund Julian Marchese launched Marchese Investments last year after starting his fund in his dorm room. In September, Marchese told Business […]
Hedge Funds Embrace Copper’s Wild Ride
Hedge Funds Embrace Copper’s Wild Ride Bloomberg posted on Mon 21 Nov 2016 Permalink Print The biggest copper rally in almost six years is leaving hedge funds squaring off with Goldman Sachs Group Inc. Futures in New York jumped about […]
Koch Industries Snatches Tech Giant Infor From Blackstone
(New York Post) Last week, working exclusively with investment bank Rothschild, Koch Industries won the auction to buy a big stake in one of New York City’s largest tech companies, Infor, beating out Blackstone Group Chairman and CEO Stephen Schwarzman… […]
Hedge Funds Struggle to Justify Their Vast Fees in The Wake of Trump’s Election
(The Telegraph) The shock of Donald Trump’s victory represented a classic opportunity for the hedge fund managers who bet on global economic movements. Already there have been reports of multi-million pound bets paying off for funds… To read this article:
What Are Asset Class Volatility Graphs Telling Us?
(Harvest) A close look at volatility across major asset classes over the last year shows that the BREXIT vote was a much bigger market event than the US presidential election. Looking at stock, bond, and currency volatility over 2016 suggests […]
Paulson’s Big Long: A Bet on Trump Yields Power and Profit
(Bloomberg) Since making a fortune on the U.S. housing collapse a decade ago, the hedge-fund billionaire’s company has played a key role in lobbying in Washington. Much of it is directed at Fannie Mae and Freddie Mac, the giants at […]
Hedge Funds Slow to Adjust Champagne Tastes to Beer Budgets
(Reuters) Hedge funds have struggled of late to keep up their reputation as the sports cars of the investment world, often overtaken in the race for returns by the public buses of portfolios, index funds. But the proverbial Ferraris of […]