Monthly Archives: November 2015
Hedge Fund Exit Requests Rise in November
(Reuters) Investors flagged their intention to shift more money out of hedge funds in November as they adjusted positions before the year-end, data showed on Friday.The SS&C GlobeOp Forward Redemption Indicator – withdrawal requests expressed as a percentage of assets […]
John Paulson Sells Stake in Broadcom, Cuts Cablevision Holding
(Nasdaq/GuruFocus)John Paulson is the president and portfolio manager of Paulson & Co. Inc. Paulson was ranked by Absolute Return Magazine as the third-largest hedge fund in the world, managing approximately $29 billion and focusing on merger, event and distressed strategies.The […]
US Hedge Fund Doubles Stake In Rolls-Royce
(The Guardian)A US activist hedge fund has turned the screw on Rolls-Royce by nearly doubling its stake in the struggling aircraft engine maker to 10%. California-based ValueAct has been pushing for change at Rolls-Royce since acquiring a 5.4% stake in […]
Goldman Said to Raise $1.3 Billion to Buy Hedge Fund Stakes
(Bloomberg) Goldman Sachs Group Inc. has raised $1.3 billion for its second Petershill fund that buys stakes in hedge fund firms, beating its initial target, according to a person with knowledge of the matter.The bank started raising money for Petershill […]
Bets on Energy Sector Debt Take Down Achievement Fund
New York (HedgeCo.net) – As the casualties mount in the hedge fund industry, yet another fund has announced that is closing up shop. Achievement Asset Management announced that it will return investor money and that makes the fund closure one […]
Morningstar Report: Investors Flock to Alternatives in Q3
New York (HedgeCo.net) A recent report from Morningstar showed that investors are pouring in to alternative funds with the recent spike in volatility. The mutual fund and ETF research firm’s data showed that almost $4 billion was invested in alternative […]
Ackman’s Pershing Square Holdings off 24.5 Percent YTD
(Reuters) Billionaire hedge fund manager William Ackman’s Pershing Square Holdings portfolio has lost 24.5 percent this year, extending its fall this week as its biggest holding, Valeant Pharmaceuticals, declined further, the company said on its website. Valeant’s stock price (VRX.TO) […]
As Biggest Hedge Funds Stumble, One Currency Manager Gains 21%
(Bloomberg) In a year when the world’s biggest hedge funds are suffering losses and closures, one asset manager is trouncing rivals by betting on currencies — without taking a view on their direction. Quaesta Capital AG, a hedge fund based […]
U.K. Fund Management Industry Swells to Record $11 Trillion
(Bloomberg) Assets overseen by U.K. fund managers swelled to a record 7.1 trillion pounds ($11 trillion) in the first half of 2015, according to TheCityUK. U.K. funds under management increased as much as 5 percent in the period and are […]
Hedge funds go hog wild on government bonds
(CNBC) As many market participants focused on the increased changes for a long-delayed interest rate hike, hedge fund managers loaded up on government debt. As a whole, the industry bought 10-year Treasury notes at the fastest clip in more than […]
An elite hedge fund conference was held in New York this week — here are all the trade ideas
(Business Insider) Hedge fund legend Paul Tudor Jones is the person who thought of the Robin Hood Foundation.The Robin Hood Investors Conference, one of the most elite hedge fund gatherings, was held this week in New York City.The annual charity […]
Bearish Bets Drive Outperformance for Some Funds
Bearish Bets Drive Outperformance for Some Funds New York (HedgeCo.net) – With the market grinding sideways for most of this year and with the third quarter being so bad for stocks, it isn’t surprising that some hedge funds that have […]