Category Archives: Syndicated
Hedge Fund Closings Outnumber Launches Again
(Bloomberg) Global hedge fund liquidations exceeded launches for the third consecutive quarter as managers faced a tough capital-raising environment. About 213 funds closed in the first three months of this year, compared with 136 that opened, according to a Hedge […]
Hedge Fund Chief Daniel Loeb Opposes United Technologies, Raytheon Merger
(Reuters) Billionaire investor Daniel Loeb said on Friday that his hedge fund Third Point LLC will vote against the planned merger of United Technologies Corp (UTX.N) and Raytheon Co (RTN.N), saying there is no “strategic rationale for this transaction.” “We […]
Insights on Technology Advances Shaping the Hedge Fund Industry
(HedgeWeek) Data processing power has helped to transform the financial industry, thanks to the rise of GPU-powered applications; GPUs are Graphics Processing Units, commonly used by video game developers. Today, not only hedge fund managers but all asset managers, are […]
Sancus Capital’s Chernova Pioneers a New Way Forward for CLO Refinancing
(Opalesque) Interest in CLOs is on the rise and Olga Chernova, Founder and CIO at Sancus Capital Management is working to make the market more transparent. Over the past few years she’s been working on a side project that is […]
Hedge fund performance dispersion narrows significantly in 1Q19:
(Opalesque) In the week ending June 28th 2019, Hedge Fund Research showed that hedge fund performance dispersion narrows significantly in 1Q19 with the top decile posting an average gain of +21.12%, up from +8.5% in 4Q18, while the bottom decile […]
Hedge fund managers down 1.09 per cent in May, says Eurekahedge
(Hedgeweek) Hedge fund managers ended May 2019 down 1.09 per cent on an equal-weighted basis, and 1.37 per cent on an asset-weighted basis, outperforming the global equity market which slumped 6.12 per cent during the month. To read this article:
US managers dominate fund raising activity
(Hedgeweek) The United States dominates the PE marketplace when it comes to size of AUM size. It is estimated that the top 300 global PE managers manage USD1.5 trillion in assets, of which US-based managers account for USD1 trillion; this […]
Federal court to hear ‘Pharma Bro’ Martin Shkreli’s appeal
(Reuters) – Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.Shkreli, 36, was found guilty of securities fraud and conspiracy in […]
Gold slips to 1-week low as U.S.-China trade optimism lifts risk sentiment
(Reuters) – Gold prices fell more than 1% on Monday, their lowest in a week, as hopes of a trade deal between the United States and China improved risk appetite, while a stronger dollar further weighed on prices. To read […]
Hedge fund chief Daniel Loeb opposes United Technologies, Raytheon merger
(Reuters) (Reuters) – Billionaire investor Daniel Loeb said on Friday that his hedge fund Third Point LLC will vote against the planned merger of United Technologies Corp and Raytheon Co, saying there is no “strategic rationale for this transaction.” “We […]
Severe funding problems widespread across the US state pension system
(Opalesque) Despite revenue growth and strong investment returns, the public pension funding gap for all 50 states still exceeded $1tn in 2017, according to brief by The Pew Charitable Trusts. The US state pension system is ill-prepared for the next […]
New hedge fund launches on the rise
(Opalesque) New hedge fund launches increased to begin 2019, climbing to 136 in Q1, an increase over the 111 launches in the volatile 4Q18, according to the latest HFR Market Microstructure Report. According to the report, the 136 new launches […]