Monthly Archives: November 2018
Women Want Their Money to Work Harder
(Bizjournals) Although more than half of women are not investing their money outside of retirement accounts, almost three fourths say they plan to take steps within the next six months to make their money work harder and grow. To read […]
Hedge Funds’ New Crowded Trade
(Institutional Investor) Microsoft has dethroned Facebook as the most popular stock among hedge funds. A total of 290 hedge funds held positions in the technology giant as of the end of September, according to an analysis of the latest quarterly […]
Hedge funds despair as Saudis stir deja vu of worst rout in decades
(LiveMint) Hedge funds haven’t been this pessimistic about global oil prices since Brent crude was spiraling into its worst rout in a generation almost three years ago. Net-long wagers on the international benchmark fell 15 percent in the week ending […]
Microsoft Ascent Is Win for Hedge Funds After They Dumped Apple
(Bloomberg) One group rooting for Microsoft Corp. to overtake Apple Inc. is hedge fund managers, who made Bill Gates’ software company their favorite pick last quarter while dumping the iPhone maker… To read this article:
Quant hedge fund manager of the year: La Française Investment Solutions
(Risk.net) In a year for alternative risk premia funds that’s drawn comparisons with Viking end-of-the-world myths, La Française Investment Solutions managed to avoid the deluge, vindicating its approach of combining dozens of low-Sharpe – but low-correlation – strategies. To read […]
Dan Loeb’s Gonna Have To Eat A Lot Of Chunky Chili Mac To Turn Campbell’s Around
(Dealbreaker) Dan Loeb had big plans for Campbell Soup. First, he wanted to sell all the soup in Camden. Then, he wanted to throw the whole board into the recycling bin, along with every member of the founding family save […]
Ex-BlueBay pair trigger quant race with raids on rivals
(Wealth News Today) Hugh Willis, co-founder of BlueBay Asset Management, has raided the quant investment teams at BlackRock, Citadel and Robeco for the launch of his fixed income venture. To read this article:
SEC Obtains Final Judgement Against Steven A. Newman
(HedgeCo.Net) the Honorable Nicholas G. Garaufis of the United States District Court for the Eastern District of New York has entered a final judgment against defendant Steven A. Newman. The final judgment imposes on Newman a permanent injunction against future […]
Hedge Fund Hands Lifeline to HNA Unit Shunned by Wall Street
(Bloomberg) It’s been a tough couple years for Pactera Technology International Ltd. The tech outsourcing arm of embattled Chinese conglomerate HNA Group Co. has been ditched by Bank of America Corp. and Goldman Sachs Group Inc., sued over a collapsed […]
Dell, Soros-backed Waypoint Leasing files for bankruptcy
(Reuters) Waypoint Leasing Holdings Ltd, the helicopter leasing company backed by investment firms for George Soros and Michael Dell, said on Sunday it had voluntarily filed for bankruptcy in New York and planned to restructure. “Waypoint’s Chapter 11 filing is […]
Veteran Hedge Fund Manager Finds Returns in Actively Managed Fixed Income
(Hedgeweek) With an annualised return since 2011 of 12.95 per cent placing it in the top decile of fixed income hedge fund performance tables, LNG Capital’s Europa Credit Fund is beginning to attract the attention of institutional investors alongside its […]
Hedge Funds Have a Missed Opportunity That Could Be Hurting Results
(Barron’s) The hedge fund world is undergoing a period of profound change due to performance headwinds, pressure to lower fees, and increased competition from other alternative-asset classes. Savvy managers are going to great lengths to adapt. But most of the […]