Category Archives: Syndicated
Year-end volatility hits L/S Equity again, says Lyxor
(Hedgeweek) The end of the year remained challenging for L/S Equity, suffering in sympathy with plunging equity markets, according to the first Weekly Brief of 2019 from Lyxor’s Cross Asset Research team. L/S Credit strategies were also caught up by […]
Citadel Hedge Fund Gains 9% in Strong Multi-Strategy Year
(Bloomberg) Big multi-strategy hedge funds found a way to make money in a tumultuous year when so many other firms floundered. Ken Griffin’s Citadel, which runs more than $30 billion, rose 9.1 percent in its flagship Wellington hedge fund last […]
EFAMA and AMIC publish joint report on liquidity stress tests in investment funds
(Hedgeweek) The European Fund and Asset Management Association (EFAMA) and the International Capital Market Association’s Asset Management and Investors Council (ICMA’s AMIC) have published a joint report on Liquidity Stress Testing (LST) in investment funds. To read this article:
Hedge Funds Lost Almost 6% Last Year as Markets Roiled Managers
(Bloomberg) Hedge funds posted a loss of 5.7 percent last year as managers struggled to capitalize on volatility and were roiled by political uncertainty. For December, funds lost 1.9 percent, according to preliminary figures from the Bloomberg Hedge Fund Database. […]
Saba Capital’s Tail Hedge Master Fund Gains 25 Percent in 2018
(Reuters) Saba Capital’s Tail Hedge Master Fund, which promises a sort of doomsday insurance through bets that perform well when markets spiral, ended 2018 with a 25 percent gain, a person familiar with the fund’s returns said on Tuesday. For […]
Billionaire Chris Rokos Is Seeking $900 Million for New Hires
(Bloomberg) Billionaire Chris Rokos is seeking to raise as much as $900 million from investors for new portfolio managers he plans to hire this year. Rokos Capital Management is adding a small number of employees for credit trading and for […]
GAM expands emerging markets equities team
(Opalesque) GAM Investments today announced the appointment of Rob Mumford as investment manager on its global emerging markets equities team. Rob is based in Hong Kong and will work with Tim Love and Joaquim Nogueira. The team manages in excess […]
Gelband Hedge Fund Is Said to Make Under 1% After Biggest Launch
(Bloomberg) Michael Gelband last year raised the most money ever for a hedge fund launch. But he barely turned a profit for his investors. His ExodusPoint Capital Management, which raised $8 billion and started trading in June, made about 0.6 […]
The simple ‘Dogs of the Dow’ strategy topped the market for a fourth straight year
(CNBC) Not only is it simple, the “Dogs of the Dow” also has a strong track record….In fact, this classic value investing strategy — simply calling for buying the 10 stocks with the highest dividend yield in the Dow Jones […]
Hedge Fund Titans Baupost, D.E. Shaw Caught in PG&E Value Trap
(Bloomberg) Top hedge funds scooped up or held shares of PG&E Corp. in the third quarter, with the beaten down stock of the California utility appearing to be a good value. Since then it has taken more pounding. Shares fell […]
Hedge Fund Returns Should Be All Over the Place
(Bloomberg) The annual results are starting to roll in from some of the world’s most prominent hedge funds, and a yawning gap is emerging between the winners and the losers. That’s exactly what should happen. The average decline last year […]
Elliott bids $2.07 billion for Permian Basin producer QEP Resources
(Reuters) Hedge fund Elliott Management Corp on Monday offered to buy QEP Resources Inc (QEP.N), which has a big presence in the Permian Basin near major energy producers, for $2.07 billion, or $8.75 per share, 44 percent above the stock’s […]