Category Archives: Syndicated
Fee Cut Sets BlackRock Smaller Apart From Rival Throgmorton
(Citywire) BlackRock Smaller Companies (BRSC) has put further clear water between itself and stablemate BlackRock Throgmorton (THRG) by agreeing to an overhaul in the charges it pays the fund management group. To read this article:
Why Pension Funds and Institutional Investors Should Embrace Green Disruption
(Harvest) Six years ago, Mats Andersson, the overseer of one of Sweden’s largest pension funds, made a gutsy investment decision: He initiated a “massive purge” of polluters from his fund’s $40 billion portfolio. That meant no more coal and gas […]
Bill Ackman Says Newell Made ‘Deal With The Devil’ In Icahn Agreement
(CNBC) “The company was so afraid of losing a proxy contest that they made a deal with the devil, so to speak,” Ackman said, clarifying that he “meant that in the most positive way.” Icahn’s board appointments at Newell last […]
Barclay CTA Index slips 0.34 per cent in March
(Hedgeweek) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.34 per cent loss in March. Year to date, the Index is down 1.71 per cent. To read this article:
BlackRock to acquire private credit manager Tennenbaum Capital Partners
(Hedgeweek) BlackRock is to acquire Tennenbaum Capital Partners, an investment manager focused on middle market performing credit and special situation credit opportunities To read this article:
Computer-driven hedge funds miss out as AA shares bounce
(Reuters) Sometimes the old-fashioned methods work best and that proved true this week in the high-stakes world of hedge fund trading. Computer-driven hedge funds lost $11.4 million on Tuesday from their long-standing short positions in AA, betting the shares would […]
Renaissance Technologies Rebounds Across Hedge Funds in March
(Bloomberg) Renaissance Technologies, the $58 billion quantitative investment firm founded by former military code-breaker Jim Simons, gained at three of its hedge funds last month, erasing declines posted when markets slumped in February. To read this article:
Fund Manager Jupiter Hit by Q1 Outflows, Shares Fall
(Reuters) British asset manager Jupiter Fund Management was hit by 1.3 billion pounds ($1.86 billion) in net outflows in the first quarter, hurt by withdrawals from its fixed income portfolios. The firm’s assets under management fell 6.6 percent to 46.9 […]
Top Hedge Fund Managers Say We’ll Come Running Back to Them as Stock Market Turmoil Returns
(CNBC) “History will end up repeating itself and we’ll have some geopolitical risk really enter investment portfolios again,” Hayman’s Kyle Bass says. Many hedge fund managers have been under pressure as exchange-traded funds managed by banks develop “smart” investing solutions. […]
Judge Splits NY Hedge Fund Trial as One Defendant Turns on Others
(Reuters) The judge overseeing the $1 billion fraud case of defunct New York hedge fund firm Platinum Partners has ordered a separate trial for a defendant planning to argue that Platinum Chief Investment Officer Mark Nordlicht and other defendants were […]
Daniel Sundheim Is Planning to Raise $4 Billion Cap for New Hedge Fund
(Bloomberg) Daniel Sundheim is on track to raise about $4 billion for his new hedge fund, making it one of this year’s largest launches.D1 Capital Partners, run by the former chief investment officer of Viking Global Investors, will probably cap […]
Macro Hedge Fund Up 14.5% in First Quarter Sees Dollar Falling
(Bloomberg) Hedge-fund manager Said Haidar predicts the global economy is going to keep chugging along. He just doesn’t expect that growth to benefit the dollar. For the chief executive officer of Haidar Capital Management, who manages a macro fund with […]