Monthly Archives: November 2018
Value Hedge Funds Close Despite Plethora Of Bargains In Asia
(Valuewalk) This year, a number of high-profile hedge funds that follow the value discipline, have closed their doors. The latest is Three Bays Capital, which announced plans to close at the end of last month, following years of weak performance […]
Activist hedge fund Elliott buys stake in LogMeIn
(Bizjournal) It’s not clear whether the investment firm plans to push for the kind of major strategic changes it has pursued at other local companies. To read this article:
Limits to S&P correction?
(The Technical Analyst) The S&P has undergone a significant shift in sentiment but the 2500 level may provide key support, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets. Davis points out that the recent S&P selloff […]
Yalies Lampert and Freidheim Square Off in Bankruptcy Court
(Bloomberg) Cyrus founder Stephen C. Freidheim shares a Yale University education with Sears Chairman Eddie Lampert. He’s also the brother of a former Sears executive, Scott Freidheim. Cyrus is raising legal objections to Sears’s plan to auction as much as […]
SEC Charges Giga Entertainment Media, Former Officers and Directors With Fraud in Pay-For-Download Campaign
(HedgeCo.Net) The Securities and Exchange Commission today charged Giga Entertainment Media Inc. and five of its former officers and directors—Gary Nerlinger, Jarret Streiner, Lawrence Silver, Alfred Colucci, and Charles Noska—with fraud in connection with a scheme to mislead investors. According […]
Barclay Hedge Fund Index down 3.06 per cent in October
(Hedgeweek) Hedge Funds gave up 3.06 per cent in October according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 6.84 per cent decrease in the S&P 500 Total Return Index. Year to date, the Barclay Hedge Fund […]
FundRock acquires SEB Fund Services in Luxembourg
(Hedgeweek) FundRock Management Company (FundRock) has completed the acquisition of SEB Fund Services (SEB FS) from Skandinaviska Enskilda Banken AB (publ) (SEB). To read this article:
NY Court Slaps Hedge Fund Operators with $1.0 Million Fine
(Finance Magnates) The top U.S. futures market regulator on Thursday announced that it received a New York federal judge’s blessing to fine operators of Algointeractive hedge fund more than $1 million for fraud and failing to register with the CFTC. […]
India’s Top Hedge Fund Turns to State-Run Banks as Bad Loans Wane
(Reuters) India’s top hedge fund is exploring opportunities in state-run banks, a sector shunned by most investors till now, as valuations turn attractive and the backlog of bad loans that have riddled lenders start to dwindle.State-run banks will also benefit […]
Introducing the New Crop of Hedge Fund Hidden Gems: Taking Stock
(Bloomberg) One of the big takeaways from the 13Fs is that a boatload of funds had the premonition to pare or exit their positions in large-cap tech during the third quarter, or just before the market rout began in October. […]
It’s Been a Good Day For Me, Claims Hedge Fund Tycoon Crispin Odey
(Times Online) A Brexiteer hedge fund manager proclaimed a good day at the office last night as market fears that Britain could crash out of the EU without an agreement sent the pound tumbling. Crispin Odey, the investment tycoon, said […]
Oil Hedge Fund Giant Andurand Hammered in Crude’s Slide
(Financial News) One of the last oil hedge funds standing has become a high-profile victim of the recent rout in crude prices. Pierre Andurand, who earlier in 2018 predicted oil could soon hit $100 a barrel, suffered the largest-ever monthly […]