Author Archives: Jurica Dujmovic
Investigation of Seized Hedge Fund Highlights Risks
(Wall Street Journal) – GIBRALTAR—On this tiny Mediterranean peninsula, a hedge fund run by a polo player has been seized by regulators, as part of a global probe into offshore funds, highlighting the risks lurking in this lightly regulated, multibillion-dollar […]
Scott Bessent to Start His Own Hedge Fund With $2 Billion From Soros
(Bloomberg) – Scott Bessent, who’s been overseeing George Soros’s $30 billion fortune for the last four years, will leave at the end of 2015 to start his own hedge-fund firm. Bessent, 52, is forming Key Square Group with a $2 […]
Puerto Rico Misses Debt Payment
New York (HedgeCo.net) – It seemed like it was only a matter of time, but it finally happened on Saturday—Puerto Rico missed a bond payment. The island U.S. commonwealth of 3.5 million people has been in negotiations with hedge funds […]
Daniel Loeb Takes a Stand for Activist Investing
New York (HedgeCo.net) – Activist investing has become the latest investment style to come under fire, but one of the leading activist investors is not going to stand idly by and let politicians, union bosses or other asset management executives […]
State Street Starts Macro Hedge Fund in Alternatives Push
(Bloomberg) – State Street Corp. is starting a hedge fund that will bet on macroeconomic events, part of an effort to expand its $2.37 trillion money-management arm beyond lower-paying passive strategies. The strategy, run by Michael Ho and Lisa O’Connor, […]
Wall Street Banks Join Hedge Funds in Boosting Treasury Holdings
Wall Street’s biggest bond dealers are joining hedge funds in loading up on Treasuries as the outlook for inflation tumbles. JPMorgan Chase & Co., Citigroup Inc. and the 20 other companies that trade with the Federal Reserve increased their holdings […]
Hedge funds are most bearish on U.S. oil since 2010
(Reuters) – Hedge funds are more bearish about the outlook for U.S. oil prices than at any time for almost five years, according to data from the U.S. Commodity Futures Trading Commission. Hedge funds and other money managers had a […]
Kingdon, Einhorn Bets on Renewable Energy Get Jolt in Obama Plan
(Bloomberg) Just a few weeks after telling investors it’s time to cut bets on crude oil, Kingdon Capital Management looks like a seer, thanks to President Barack Obama’s plan to cut carbon emissions. Kingdon, the hedge fund firm that generated […]
Here’s What Hedge Funds Are Saying About The Second Half Of 2015
New York (HedgeCo.net) – As the second quarter has started and with many U.S. indices sitting at or near all-time highs, we asked the hedge fund managers that manage the models on theHedgeCoVest platform for their thoughts on where we […]
Model Spotlight: Ashbury Behavioral Long/Short Model
New York (HedgeCo.net) – The Ashbury Behavioral Long/Short Model is designed to exploit long-term behavioral biases in forecasting, fundamental valuation, and trend following. It targets areas where people’s behavioral biases are pervasive and impossible to overcome, using two sub-strategies that […]
Second Quarter Report Card
New York (HedgeCo.Net) – Last Tuesday marked the end of the second quarter and it was a quarter many investors are happy to see go. The market had a hard time getting any traction in either direction and as we […]
Four Out of Six HedgeCoVest Portfolios Outperformed in Past Two Weeks
New York (HedgeCo.Net) – The last couple of weeks have been tumultuous with the uncertainty surrounding Greece’s sovereign debt and the selloff in China. During the last two weeks, the S&P 500 lost 1.18% and the Nasdaq lost 1.63%. Using […]