Category Archives: Syndicated
Hedge funds end 2018 with near historic performance woes, says eVestment
(Hedgeweek) The global hedge fund industry ended a volatile 2018 in the red, with aggregate performance for December at -2.15 per cent and for the year at -4.86 per cent, according to the latest eVestment hedge fund performance data. To […]
Former Fidelity portfolio manager seeds long-short US equity fund
(Hedgeweek) Chris Galizio, a former portfolio manager at Fidelity Institutional Asset Management (FIAM), has connected with LHA Ventures as portfolio manager and seed investor in the LHA Focused Long-Short Fund. To read this article:
Franklin Templeton appoints Head of Sales for EMEA
(Hedgeweek) Franklin Templeton Investments has appointed George Szemere as its new Head of Alternative Sales, EMEA. To read this article:
U.S. Natural Gas Prices Sink on Mild Weather and Hedge Fund Sales
(Reuters) U.S. natural gas prices have fallen sharply as the unusual cold weather of late November and early December has given way to warmer-than-normal temperatures in the last four weeks. Futures prices for gas delivered at Henry Hub in February […]
China’s ‘Flash Boys’ Hedge Funds Eye End To Hiatus
(Reuters) China’s data-driven “flash boys” – hedge fund managers who for years have been handicapped by government curbs on tools to short-sell stocks – are dusting off high-speed trading products as Beijing revives the country’s financial derivatives market. China’s financial […]
Cyprus Loses Luster as Mediterranean Haven for Russian Biz
(Bloomberg) For Russian businesses, Cyprus just isn’t what it used to be. New Cypriot anti-money laundering rules are compounding the effects of U.S. sanctions against Russia and its high-profile citizens, driving money away from the one-time haven. “Russians are downsizing […]
Tiger Global’s Top Hedge Fund Jumped 14% in 2018
(Bloomberg) Tiger Global Management gained almost 14 percent last year in its flagship hedge fund, placing it among a handful of standout performers in a rough year for the industry. Chase Coleman’s long-short hedge fund, which manages $8.5 billion, rose […]
Hedge Fund Tycoon Robert Mercer’s Sheriff’s Badge Has Been Revoked
(Bloomberg) The New York hedge fund magnate and conservative donor had his status as a volunteer deputy sheriff revoked by Yuma County, Colorado, Sheriff Chad Day on Monday, his last day in office. Day lost his re-election bid last year […]
Luby’s Calls Hedge Fund’s Nominees Unqualified as Contest Heats up
(Reuters) Luby’s Inc on Tuesday hit back at criticisms from a long-time investor that wants to shake up the casual dining chain’s board by questioning the qualifications of the hedge fund’s director nominees. The Texas-based restaurant company, which owns hamburger […]
Stocks gain under the ‘first five days’ rule, setting up for a good 2019 performance
(CNBC) When stocks bounce at the beginning of the year, history shows the market is more often up than down at year-end. Therefore, this year’s early January performance could be a good omen. Stocks finished Tuesday with a gain, with […]
Hedge Funds Squeak by S&P 500, Topping the Benchmark
(CNBC) While a 4 percent loss in 2018 is mediocre, it was the first time hedge funds beat the S&P 500 in a decade. Hedge funds narrowly outperformed the market last year, posting a 4.07 percent annual loss versus the […]
December was worst month for fund flows since October 2016, says Calastone
(Hedgeweek) High volatility in global markets kept investors away in December, according to the latest Fund Flow Index (FFI) from global funds transaction network Calastone. Investor sentiment remained cautious following continued macroeconomic and political uncertainty. To read this article: