Category Archives: Syndicated

These Macro Funds Are Winning Big in August as Volatility Surges

(Bloomberg) Several macro hedge funds are on track for a banner month in August as fears of slowing global growth and protracted trade tensions sparked a long-awaited resurgence of volatility in currency and credit markets. Hedge funds from New York’s […]

The World’s Best-Performing Hedge Fund Is Up 278% This Year

(Bloomberg) Three years ago, Chong Chin Eai watched Donald Trump’s shock election victory roil markets. His months-old Vanda Global Fund Ltd., founded with $24 million from friends and family, was down more than 50%. At his nadir, Chong considered using […]

Hedge Funds From Autonomy to Odey Tumble on Argentine Swoon

(Bloomberg) Big hedge funds thought they could maneuver through the minefields of Argentine politics. Instead, they got clobbered. To read this article:

For Baffled Wall Street, Trump Markets Are ‘Weirder’ Than the 2008 Crisis

(Bloomberg) Donald Trump’s trying to win a trade war, so don’t talk to him about 600 points in the Dow Jones Industrial Average. But for traders coping with the price impact of his tirades, it’s all they want to talk […]

Eschler’s long/short hedge fund gains from gold, uranium and energy-related industrials

(Opalesque) Eschler Asset Management LLP’s founder Theron de Ris, who launched a small long/short deep value hedge fund seven years ago while working full time, tells Opalesque about his fund’s evolution since his April 2013 interview with New Managers. To […]

Pemberton Capital Advisers raises $4.7bn on 2 fund closes

(Opalesque) The asset management group in London, Pemberton Capital Advisers closed its European midmarket strategy at €3.2bn ($3.5bn), which includes European Mid-Market Debt Fund II and U.K. Mid-Market Debt Fund, and also closed its Strategic Credit Opportunities Fund at €1bn. […]

Mexico boasts a fast-growing private capital sector

(Opalesque) Mexico boasts a fast-growing private capital sector, strong economic fundamentals, and supportive political institutions, not to mention a burgeoning middle class and a young demographic bulge. Investors and fund managers are increasingly putting this promising emerging economy – the […]

Who Is Harry Markopolos’s Mystery GE Short Seller? No One Is Talking

(Bloomberg) When Harry Markopolos dropped his bombshell report skewering General Electric Co., he revealed that he was working with a short seller to profit from the stock’s decline. More than a week later, that firm’s identity remains a mystery. Markopolos […]

Third Point Builds Stake in Ray-Ban Maker EssilorLuxottica

(Reuters) Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA (NESN.S) to Campbell Soup Co (CPB.N), has amassed a stake in Ray-Ban maker EssilorLuxottica SA (ESLX.PA), people familiar with the matter […]

SS&C GlobeOp Forward Redemption Indicator up 3.41% August 2019

(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for August 2019 measured 3.41%, up from 2.69% in July.”SS&C GlobeOp’s Forward Redemption Indicator of 3.41% for August 2019, though up from the 2.73% reported a year ago for August 2018, closely matched […]

Buddy Fletcher’s Cornwall Castle Sells for Pennies on the Dollar

(Bloomberg) Beyond three sets of gates, down a mile-long drive, rise the fairy-tale turrets of Cornwall Castle. That would be Cornwall, Connecticut. For almost a century, the estate in the rolling hills 100 miles north of Manhattan stood as a […]

Everyone Who Hates the Stock Market Is Feeling a Lot Smarter Now

(Bloomberg) U.S. stocks have hit 13 records this year and generated $5 trillion of wealth. They’ve stood up to sagging earnings, slowing growth and a surging dollar. The S&P 500 is headed for what could still easily be its best […]