Monthly Archives: February 2019
Hedge fund redemptions hit five-year high of USD42.3bn in December
(Hedgeweek) Hedge fund redemptions reached USD42.3 billion in December, according to the Barclay Fund Flow Indicator, published by BarclayHedge, the largest monthly outflow in at least five years. To read this article:
The Revolutionary Way Of Using Artificial Intelligence In Hedge Funds
(Forbes) The Case Of Aidyia To read this article:
Charges Filed in Elaborate Microcap Stock Fraud
(HedgeCo.Net) Four individuals and related businesses have been charged for their roles in two microcap frauds and unlawful securities offerings. In sum, the alleged illegal transactions resulted in proceeds of more than $25 million. According to the SEC’s complaint, from […]
SkyBridge Capital appoints Joe Grano as Senior Adviser
(Hedgeweek) Alternative investments firm SkyBridge Capital (SkyBridge) has appointed Joseph J Grano, Jr as a senior adviser to the firm. To read this article:
Big Hedge Funds Dumped China Stocks, Apple as Market Tumbled
(Reuters) Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday. To […]
Hedge Funds From Appaloosa to Third Point Slash Stocks: 13F Wrap
(Bloomberg) Hedge fund managers were busy protecting performance and taking risk off the table in the fourth quarter, according to regulatory filings. Many saw the value of their U.S. equity holdings drop in the period, as the industry careened toward […]
Manulife Highly Confident About Hedge Fund Court Case Outcome
(Reuters) Manulife Financial Corp’s chief executive said on Thursday the company was highly confident of winning a case brought against it by hedge fund Mosten, which says it has the right to put unlimited funds into universal life policies. The […]
Hedge Fund Billionaire Invests in Swedish AI Startup Peltarion
(Bloomberg) Euclidean Capital, the family office of hedge fund billionaire James Simons, is leading a $20 million investment in Peltarion AB, a Swedish startup whose software platform helps companies use artificial intelligence. The new funding values Peltarion at $110 million, […]
Hedge Funds Play Tug-of-War With the Volatile Australian Dollar
(Bloomberg) Hedge funds are ratcheting up wagers on the Australian dollar — in both directions — after it became the most-volatile Group-of-10 currencies in the past month. “It’s one of the best times to trade,” said Nader Naeimi, who has […]
What a Difference a Month Makes
(Hedge Nordic) After delivering an average annual net return of 34 percent in the three years prior to 2018, activist investor Accendo Capital experienced its biggest annual loss last year since launching ten years ago. In January, however, Accendo emerged […]
Jeff Vinik offers fee cuts to help bring in cash for new fund
(Reuters) Prominent U.S. investor Jeffrey Vinik is promising potential clients a cut in fees and said that it had been tougher to raise money than he initially thought, as he prepares to relaunch Vinik Asset Management after six years on […]
How Bloomberg Calculated the Top Hedge Fund Managers’ Income
(Bloomberg) Bloomberg’s inaugural ranking of hedge fund manager income shows that the top 10 individuals reaped approximately $7.7 billion last year. To read this article: