Category Archives: Syndicated
Michael Platt made $2B without clients in 2019
(AlternativeSoft) Many believe Platt is the highest earning person in finance In 2015 Michael Platt closed his hedge fund to clients and opted to go it alone. Platt’s hedge fund; BlueCrest Management Fund – founded in 2000, managed to reach […]
Angelo Gordon raises $1.8bn for inaugural credit solutions fund
(Opalesque) Angelo, Gordon, a $38 billion alternative investment firm focused on credit and real estate investing, announced the final closing of AG Credit Solutions Fund, L.P. (the “Fund”) with $1.8 billion of equity commitments. To read this article:
Citco nabs Hazletree’s Fitzgerald
(Opalesque) The Citco Group of Companies today announced the appointment of Ryan Fitzgerald as Head of Middle Office Solutions to further develop the business line, which recently achieved double-digit growth. To read this article:
Barclay CTA Index posts 0.51% return in January as managed futures begin 2020 on a positive note
(Opalesque) The managed futures industry stepped into 2020 on a positive note with a 0.51% return in January, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. It was the third consecutive profitable month for […]
Hedge funds lost 0.18% in January, says BarclayHedge
(Opalesque) After a four-month winning run, the hedge fund industry had a downbeat start to the new year losing 0.18% in January, according to the Barclay Hedge Fund Index. By comparison, the S&P 500 Total Return Index was more or […]
Hedge fund industry starts 2020 in the red, but just Barely
(Opalesque) Aggregate hedge fund performance started out 2020 in the red, but just barely, with the industry posting an overall loss of -0.22%, according to the just-released eVestment January 2020 hedge fund performance data. The hedge fund industry closed out […]
Hedge funds spur dollar demand as hopes coronavirus will stabilise grow
(Reuters) – The dollar held near a four-month high on Wednesday on growing hopes the spread of the coronavirus had slowed, encouraging hedge funds to step up purchases of the relatively higher-yielding greenback. To read this article:
Hedge funds sell oil as coronavirus stokes recession fear
(Reuters) – Hedge funds were heavy sellers of petroleum last week for the third time in four weeks, amid mounting anxiety about the impact of a coronavirus outbreak on oil consumption in China. To read this article:
London hedge funds’ websites cloned as scammers grow bolder and more ubiquitous
(Reuters) – Some of London’s top hedge funds and asset managers are among those that have been targeted by rogue internet operators who clone their names and websites in an attempt to part unsuspecting investors from their cash. To read […]
Ray Dalio thinks the coronavirus’ hit to global markets is probably exaggerated
(CNBC) Billionaire hedge fund giant Ray Dalio thinks the roller-coaster impact of the new coronavirus on markets is likely exaggerated. The fast-spreading virus, which has so far killed 1,018 people and sickened more than 43,000 across 28 countries, “probably had […]
Tuesday’s session unveiled the market’s ‘coiled spring’ stocks amid coronavirus outbreak, Jim Cramer says
(CNBC) The market gave a glimpse of how stocks will react when the coronavirus epidemic is quelled, but investors shouldn’t turn bullish just yet, CNBC’s Jim Cramer said Tuesday. To read this article:
Global pensions loading up on alternative investments says study
(Opalesque) Global pension funds remain committed to increasing their exposure to private equity, real estate, and other alternatives, says a study.A new report from Willis Towers Watson’s Thinking Ahead Institute revealed that the shift to alternative assets continues apace and […]