Author Archives: Jurica Dujmovic
BlueCrest Sued in U.S. as Libor Fallout Ensnares Hedge Fund
(Bloomberg) – BlueCrest Capital Management was sued by a group of investment firms over claims an employee at the hedge fund run by billionaire Michael Platt conspired with banks to rig the Swiss franc Libor rate. The allegations closely follow […]
Big Gains in Short-Only Models Over Last 30-Days
New York (HedgeCo.net) – Scrolling the HedgeCoVest platform Friday afternoon there was something that stood out about the 30-day returns and the top five performing models during this time period—three of the five were short-only models and two were long/short […]
How Liquid are Liquid Alternatives?
New York (HedgeCo.net) – Liquid alternative mutual funds have seen explosive growth over the last five years and with good reason. The idea behind liquid alts is to offer the benefits of hedge fund strategies while eliminating some of the […]
Model Spotlight: HedgeCoVest Industrial Short-Only
New York (HedgeCo.net) – The last two months have been somewhat tough for the overall market. With May 27 as a starting date and continuing through July 27, the S&P 500 has only been in positive territory for four days. […]
Discovery Capital Management Enjoys Big July
New York (HedgeCo.net) – After getting caught on the wrong side of the selloff in China, Robert Citrone’s Discovery Capital Management bounced back with gain of 5.88% on July and that moved the fund in to positive territory on the […]
Credit Suisse Liquid Alternative Index Up in July
New York (HedgeCo.net) – The Credit Suisse Liquid Alternative Beta Index was up 1.38% in July which was a nice recovery from the 2.05% loss for the month of June. The index, which was designed to represent the overall hedge […]
As investors flood into Absolute Return funds – are these ‘low risk’ funds everyone’s suddenly buying as safe as they seem?
(Daily Mail) – If you go to a financial adviser and say you don’t like taking risks with your money, there’s one type of fund likely to be recommended. Huge numbers of cautious investors are being put into Absolute Return […]
Hedge fund investor Dan Loeb just picked his newest target
(Business Insider) – Hedge fund activist Dan Loeb has picked his latest target. Baxter International shares rose 3% on Wednesday August 5 after Loeb revealed he has bought a stake of about 7% in the company. Loeb said in a […]
Fund Manager Models Turn in a Strong Week
New York (HedgeCoVest.com) – The overall market bounced back last week after a rough week the week before. The S&P gained 1.16% last week while the DOW and NASDAQ lagged the performance of the broader market index with gains of 0.69% […]
Long/Short Models Doing Exactly What They Should Do
New York (HedgeCoVest.com) – The last three months have been anything but stellar for the overall stock market. If we look at a chart of the S&P 500 from April 28 through July 28, we see a number of peaks […]
Einhorn’s Greenlight Capital Added to the List
New York (HedgeCo.net) – Alternative investment firms continue to post poor second quarter results. On Monday, Greenlight Capital RE, the reinsurer headed by David Einhorn, reported a second quarter loss of $39.6 million on revenue of $67.6 million. Shares of […]
Citadel Considering IPO in 2016
New York (HedgeCo.net) – Seven years ago, Ken Griffin saw his hedge fund empire on the verge of a collapse, but Citadel has rebounded like the market and he is now considering taking the firm public. The idea has been […]