Category Archives: Syndicated

Wall Street Eyes Earnings Stabilizer After FAANG Stocks Wobble

(Reuters) Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group. […]

Brevan Howard Shuts Israel’s Office in Cost-Cutting Drive

(Reuters) British hedge fund firm Brevan Howard Investment Management has shut its office in Israel, according to a U.S. filing, in a move which two sources close to the company said was aimed at cutting costs following poor performance across […]

A Fund That Beats 98% of Its Peers Is Shorting the Dollar

(Bloomberg) A bond fund manager who beat global peers over the past year is shorting the dollar on expectations economic growth outside of the U.S. will strengthen. The greenback will slip against most major currencies as nations from Japan to […]

As A Secretive Hedge Fund Guts Its Newspapers, Journalists Are Fighting Back

(The Washington Post) Demoralized by rounds of job cuts, journalists at San Jose’s Mercury News and East Bay Times in Oakland, Calif., took their case to the public last month. At a rally in Oakland, they handed out a fact […]

The Biggest Misconceptions About Working for a Hedge Fund

(eFinancial) Of all the misconceived stereotypes about working for a hedge fund, the biggest one is around pay. Many people underestimate how long and hard you’ll have to work to achieve the eye-popping salaries and bonuses that make headlines. To […]

Investors ‘To Profit From Sky Battle’ : Crispin Odey

(This is Money) Dramatic developments in Rupert Murdoch’s long-running battle to seize control of Sky have put shareholders in pole position, says Crispin Odey….The activist investor, who owns a £180 million stake in Sky and is a former son-in-law of […]

eVestment: March Aggregate Hedge Fund Results Obscure Industry Positives

(Harvest) Highlighting the importance of due diligence in the hedge fund selection process, March’s overall negative hedge fund industry returns of -0.46% obscure the fact that just north of 50% of hedge funds tracked by eVestment had positive performance in […]

Wilshire Liquid Alternative Index down 0.40 per cent in March

(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.40 per cent in March, and -0.99 per cent for the first quarter in 2018 To read this article:

This Tech Hedge Fund Made 10% Even as Stocks Tanked

(Bloomberg) A technology hedge fund founded by two alumni of Coatue Management rose 10 percent in March after steering clear of a selloff in global tech giants such as Facebook Inc. and Amazon Inc. Sylebra Capital Management’s $1.1 billion fund […]

Hedge Funds No Longer Need the Star System

(Bloomberg) Hedge funds’ brightest lights have fallen on hard times, but don’t shed a tear for the industry just yet. The list of once-revered-now-humbled hedge fund managers is growing. Alan Fournier is shutting Pennant Capital Management after nearly two decades, […]

Brexit Gives Hedge Funds a Kafkaesque Nightmare

(Bloomberg) With less than a year to go before Britain exits the European Union, the country’s hedge funds find themselves facing a surreal scenario worthy of the novels of Franz Kafka. The Alternative Investment Management Association, a London-based lobby group […]

Abbey Capital launches its latest US mutual fund, the Abbey Capital Multi Asset Fund

(Opalesque) Abbey Capital announced the launch of its latest US mutual fund, the Abbey Capital Multi Asset Fund (MAFIX) which continues the investment strategy of an existing Abbey Capital private placement fund with a 16-year track record (the Predecessor Fund). […]