Category Archives: Syndicated

Hedge fund Voce urges Argo to slash expenses, nominates five directors

(Reuters) – An activist hedge fund on Tuesday nominated five directors and urged insurance company Argo Group International Holdings Ltd to cut $100 million in expenses, including corporate jets and housing for its chief executive. Voce Capital Management LLC wants […]

Hedge fund Vor Capital secures investment from Borealis Strategic

(Reuters) – Borealis Strategic Capital Partners, which invests in new hedge funds, has written its first check to commit capital to Europe-oriented stock fund Vor Capital. Vor Capital launched a year ago with a plan to invest in mid-sized European […]

Steve Cohen’s Hedge Fund Point72 Seeks Another $1 Billion

(Bloomberg) Steve Cohen is aiming for more. His Point72 Asset Management, which attracted $5 billion in outside capital last year in a comeback for the hedge fund investor, is seeking to raise an additional $1 billion between May 1 and […]

Ex-Hedge Fund COO Says He Helped Hide Company’s Dire Finances

(Bloomberg) A former executive at the defunct hedge fund Platinum Partners said he helped his colleagues hide the company’s true financial condition from investors as they increasingly sought to pull their money out of the firm before it collapsed. To […]

The World’s Cheapest Stimulus

(Harvest) With just a modest boost to credit, the Chinese government succeeded in strengthening investor sentiment and stabilizing real economic activity during the first quarter of the year. The growth rates of income, retail sales and industrial production were stronger […]

Over three-quarters of hedge funds saw positive returns in Q1

(Hedgeweek) Hedge fund managers ended March 2019 up 0.77 per cent on an equal-weighted basis, and 0.45 per cent on an asset-weighted basis. Roughly 78.0 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the […]

Mosaic Smart Data closes USD9m funding round

(Hedgeweek) Mosaic Smart Data, a real-time capital markets data analytics company, has completed an USD9 million investment round to support its rapid product development and global expansion. To read this article:

A $90 Billion Swedish Investor Says He Won’t Touch Hedge Funds

(Bloomberg) One of Sweden’s biggest pension funds says there’s no case for using hedge funds given the cost they represent in the current environment. To read this article:

Veteran Hedge Fund Manager Loads Up Bearish Bets on India Rally

(Bloomberg) The rally that’s lifted India’s $2.2 trillion stock market to a record has prompted a veteran hedge fund manager to load up on bearish wagers in a fund launched two-months ago. To read this article:

Asia Hedge Fund Firm Offers to Insure First 10% of Losses

(Bloomberg) A new entrant to Asia’s hedge fund market is offering to insure investors against the first 10 percent of their losses. To read this article:

Oil prices stumble as hedge funds become overextended:

(Reuters) – Hedge fund managers added even more bullish long positions in crude oil and refined fuels last week, but positions showed signs of becoming stretched, setting prices up for a setback. To read this article:

Hedge fund redemptions accelerate dramatically in March

(Opalesque) eVestment reported that hedge fund redemptions continued despite a strong start to the year, which saw Q1 2019 average hedge fund performance hit +5.34%. In aggregate, investors pulled $14.9bn from hedge funds in the first quarter of 2019 with […]