Category Archives: Syndicated
Hedge Funds Doing Their Utmost to Defy Volatility Collapse
(Bloomberg) Hedge funds focused on the $5.1 trillion-a-day foreign exchange market are trying to circumvent the dearth of volatility by going farther afield to find an edge. GCI Asset Management is tapping managed futures — often leveraged instruments — for […]
Barclays Expects a 2019 ‘Performance Rebound’ in Hedge Funds
(Bloomberg) Kate Holleran, head of U.S. capital solutions at Barclays, discusses the firm’s 2019 outlook for hedge funds. She speaks on “Bloomberg Daybreak: Americas.” To see this story:
Bill Ackman’s Hedge Fund Gains 30% this Year after Recent Losing Streak
(CNBC) Bill Ackman’s hedge fund is roaring back from a recent losing streak.Pershing Square is up 31.9 percent so far this year as of Wednesday, according to the New York-based firm’s website.The solid returns follow a string of recent losses […]
Neiman Wins Against Marble Ridge as Judge Tosses Suit
(Bloomberg) A state judge dismissed a lawsuit that hedge fund Marble Ridge Capital LP brought against Neiman Marcus after the retailer had shuffled its assets. Judge Tonya Parker signed the ruling on Tuesday which dismissed the lawsuit for “lack of […]
The Highest-Earning Hedge Fund Managers and Traders
(Forbes)The computer geeks are taking over Wall Street. During a disappointing year that saw the average hedge fund manager lose money, elite quantitative traders stood out in 2018 from the rest of the trading crowd. More than half of the […]
U.S. Fund Elliott Battles the Odds in Latest Showdown with Hyundai
(Reuters) The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund’s demands for a hefty special dividend and a board […]
Hedge funds up 0.89 per cent in March, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index gained 0.89 per cent in February, bringing its year-to-date return to 3.26 per cent, according to the March 2019 Eurekahedge Report. To read this article:
Wilshire Liquid Alternative Index up 0.56 per cent in February
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.56 per cent in February, slightly underperforming the 0.63 per cent monthly return of the HFRX Global Hedge Fund […]
Blackstone joins KKR and BlackRock in Mexico private equity fundraising
(Reuters) – Blackstone Group (BX.N) has raised $695 million from Mexican pension funds for its first two local private equity funds, filings showed, joining Black Rock and KKR & Co (KKR.N) in expanding in Mexico following regulatory changes. Several of […]
David Harding Rewrites Winton Hedge Fund Playbook in Search of Returns
(Bloomberg) David Harding was a hedge fund pioneer whose quantitative models generated double-digit returns for decades. Today, he’s in the unusual position of having to reinvent his business all over again.The algorithms he built don’t work so well anymore.“It’s pretty […]
WhiteBox Duo Plans to Launch New Event-Driven Distressed Debt Fund
(Bloomberg) Whitebox Advisors LLC colleagues Cindy Delano and Amit Patel have teamed up to form a hedge fund focused on event-driven and special situations that could arise as credit markets tighten. Invictus Global Management, based in Austin, Texas, is launching […]
Deutsche’s London Staff Would ‘Get Toasted’ in Commerzbank Merger
(Financial News) Deutsche Bank faces a fresh wave of departures in London as senior employees concede a merger with Commerzbank would spell the end of its global investment banking ambitions. Deutsche confirmed on March 17 that it has entered formal […]