Category Archives: Syndicated

Rising Hedge Fund Star Collapses Into Frigid Hedge Fund Black Dwarf

(Dealbreaker) Four years ago, a trio of Highbridge Capital Management hotshots got together and founded a telecom, media, technology and consumer hedge fund that quickly garnered $100 million… To read this article:

Hedge Fund Pagoda Asset Management Shutting After Four Years

(Reuters) Hedge fund Pagoda Asset Management is shutting down at the end of the month, becoming the latest casualty in the $3.2 trillion industry after a period of sluggish returns, a source with knowledge of the move said on Thursday. […]

Hedge Fund Returns Rose in April for First Gain Since January

(Bloomberg) Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven tracked fund types as managers capitalized on plunging volatility and activist and special […]

Hedge Fund ‘Puppies’ and ‘Hotels’: What the 13F Filings Tell Us

(Bloomberg) Another 13F season is in the books, and everyone wants to know which stocks are getting more attention from the hedge-fund community. Lori Calvasina, head of U.S. equity strategy for Royal Bank of Canada, attempts to answer this in […]

Bridgewater Gets Picky With Its Emerging-Markets Bets

(Bloomberg) Beggars can’t be choosers. But if you’re the world’s richest hedge fund right now, you need to be as picky as possible. Bridgewater Associates, the $160 billion hedge fund firm run by billionaire Ray Dalio, refined its bets on […]

Three Hedge Fund Managers Face Down Wall Street’s Dollar Doom

(Bloomberg) Three hedge fund managers are going head-to-head with Wall Street’s top strategists over the fate of the dollar, wagering the currency’s best run in three years is far from over. IPM Informed Portfolio Management, Millennium Global Investments and Rhicon […]

Hedge Funds Riding Tech and Media Stocks to Top the Market

(CNBC) The biggest hedge funds have been loading up on tech and media names, mostly to good results for an industry that has struggled to beat the market. The list of most-owned stocks contains many of the market’s favorites, with […]

Interplay of Correlations, Volatility & Positioning in Current Markets

(Harvest) Most experienced investors understand that lack of variability doesn’t necessarily equate to stability. In 2017 the Cboe Volatility Index (VIX) averaged around 10, which is almost half its long-term average. So far this year, VIX has averaged close to […]

Goldman Sachs Chides Hedge Funds by Arguing the Case for Oil

(Bloomberg) Money managers who are reducing their bullish bets on oil are following a “dangerous” strategy, according to Goldman Sachs Group Inc. Demand will remain strong and concerns over economic growth will probably prove temporary, analysts including Jeffrey Currie wrote […]

George Soros’ Bet on Tesla Could See Other Investors Follow Suit

(Reuters) If Tesla Inc (TSLA.O) Chief Executive Elon Musk needs to raise even more money, there may be a way.On Tuesday billionaire investor George Soros disclosed a $35 million stake in Tesla convertible senior notes during the first three months […]

Hedge Fund Managers Shift Billions Over Carried Interest Concern

(Bloomberg) Late last year, some hedge fund managers raced to protect their personal fortunes from being carved up by the Republican tax law. David Tepper, who runs Appaloosa Management and may soon own the Carolina Panthers, and Ross Margolies, founder […]

Elliott Takes the Scenic Route for Arconic Revival

(Bloomberg) After Elliott Management Corp. claimed victory in its boardroom battle at Arconic Inc. last May, I warned that the hard part was just starting. I didn’t know the half of it. Elliott’s agreement to nominate three board directors capped […]