Monthly Archives: November 2016

Preqin: Majority of Alternative Asset Managers Optimistic About Election’s Impact

(FinAlternatives) Alternative asset fund managers are broadly optimistic about the possible impacts of Trump’s presidency, according to a survey by industry data provider Preqin, but some concerns remain. To read this article:

JPMorgan Chase Paying $264 Million to Settle FCPA Charges

(HedgeCo.Net) The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region […]

Comp for Star Hedge Fund Managers on the Rise

(FinAlternatives) Some hedge fund managers have reason to cheer this holiday season even as investors in the space grouse about lackluster returns, according to industry search firm Glocap’s latest Hedge Fund Compensation Report, as wide return dispersions drive pay boosts […]

Hedge Funds Mixed Through Mid-November

(FinAlternatives)Hedge fund performance is broadly mixed in the immediate aftermath of the U.S. presidential election, as U.S. equities gained sharply, the dollar surged and interest rates spiked in anticipation of massive infrastructure spending, fiscal stimulus efforts and reduced government regulation, […]

Bayer Feeds a ‘Happy Meal’ to the Hedge Funds

(Bloomberg) The post-election rally in pharmaceutical stocks has created an opportunity for drug-makers to raise money. Step forward Bayer AG. The German life sciences group needs to find $19 billion of equity to help fund its all-cash $66 billion takeover […]

Hedge Funds Fled Healthcare Stocks Before The Election — And May Have Missed Out On The Big Bucks

(Business Insider) Hedge funds hopped out of healthcare ahead of the US presidential election – and may have missed on a big rebound in that sector in the wake of Donald Trump’s win. To read this article:

How Will Hedge Funds Fare In Donald Trump’s America?

(Barron’s) Research firm Preqin surveyed 182 fund managers to gauge the likely impact of Trump’s victory in the presidential election on their own portfolios. It seems that the result show optimism, with 53% of those questioned saying the election will […]

How to Hedge In An Uncertain World

(Harvest) A quarter of a million bucks is nothing to turn your nose up at. And that’s about how much I’d be out of pocket if I was to be so unfortunate as to have a home in Kaikoura, a […]

Hedge Funds That Backed Trump Enter Washington, Demands in Hand

(Bloomberg) Donald Trump, the candidate, was blunt: “Hedge fund guys are getting away with murder.” But Donald Trump, the President-elect, is going a bit easier on the hedge funders — to huzzahs from the industry. In Trump, hedge-fund types are […]

Ex-Wall Street Big Convicted of Insider Trading Sued by Brother

(New York Post) Frank “Perk” Hixon, the former Evercore Partners senior managing director who pleaded guilty in 2014 to insider trading, shouldn’t expect a warm family reunion when he is released from a halfway house next month. His younger brother […]

Hedge Fund With $2 Billion Sets Bets on ‘Crazy’ in a Trump World

(Bloomberg) Buying the losers of the past decade could pay off in a world where Donald Trump is in charge of the world’s biggest economy.Norwegian hedge fund firm Sector Asset Management, which manages about $1.7 billion, is turning its portfolios […]

Changing Investor Preferences Are Pressuring Hedge Funds To Adapt In Order To Grow

(Valuewalk) Hedge funds’ shrinking returns and escalating investor demands. Downward pressure on fees and unrelenting requirements to have robust operating models. This year, competing forces came together to culminate in the perfect storm. In a year marked by lackluster performance […]