Category Archives: Syndicated
More hedge funds faced closure in the week:
(Opalesque) In the week ending November 23rd 2018, a number of hedge funds have closed their doors. Macquarie Group has shut Asia’s oldest quantitative equity hedge fund after a poor performance in recent years. PCA Investments Holding Co, Ltd, a […]
Hedge funds register worst performance since 2008 in first ten months of the year
(Hedgeweek) Hedge funds were down 2.15 per cent for the year, their weakest performance on record since 2008 when they declined 9.55 per cent in the 10 months through to October, according to figures released by Eurekahedge. To read this […]
Hedge fund asset flows negative in October as performance challenges continue
(Hedgeweek) Investors removed an estimated USD7.13 billion from the global hedge fund industry in October, pushing year-to-date (YTD) flows firmly negative at -USD10.09 billion. To read this article:
Steeleye completes seed round fundraise of GBP5.7m led by Illuminate Financial
(Hedgeweek) SteelEye, a compliance technology and data analytics firm, has completed a GBP2.9 million fundraise extension led by capital markets venture capital firm, Illuminate Financial, bringing the total seed funds raised to GBP5.7 million. To read this article:
No More Fake Fidelity Or Bogus Buffett – China Bars New Copycat Fund Names
(Reuters) Chinese asset managers will no longer be allowed to make a name for themselves by exploiting brands such as HSBC, Goldman, Morgan or Fidelity in their newly-launched funds, according to industry guidelines published this week. They’re also barred from […]
George Soros Makes £10.5m Stock Market Bet Against WH Smith
(The Guardian) The British hedge fund run by George Soros has made a £10m stock market bet against retailer WH Smith, adding to short positions equivalent to more than £100m in UK-listed companies. SFM UK Management has nine publicly declared […]
Goldman Sees More Pain for Facebook, Micron on Hedge Fund Exodus
(Bloomberg) It’s been a tough few months for tech stocks from social media giant Facebook Inc. to memory chipmaker Micron Technology Inc., which have been at the forefront of the U.S. stock market’s autumn rout. If history is a guide, […]
Hedge Fund Redemptions Surge to USD 39.1bn in September
(Hedgeweek) Hedge funds endured their heaviest outflows in more than five years in September despite record highs in US equity indexes and strong consumer sentiment, according to the Barclay Fund Flow Indicator. Data from more than 5,000 hedge funds in […]
SS&C GlobeOp Forward Redemption Indicator at 3.96 per cent for November
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for November 2018 measured 3.96 per cent, down from 2.66 per cent in October. To read this article:
Hedge funds with $7bn outflows following tough October
(Opalesque) October saw hedge funds notch worst performance. Investors removed an estimated -$7.13bn from the global hedge fund industry in October, pushing year-to-date (YTD) flows firmly negative at -$10.09bn, says eVestment. According to the October 2018 eVestment Hedge Fund Asset […]
How Bitcoin’s Meltdown Is Ravaging Hedge Funds
(Marketwatch) What a difference a year makes in the world of digital currencies. Bitcoin was flying more than 1,000% higher in 2017, and with venture capital and institutional firms flush with cash, investors deployed funds to tap into what must […]
Hedge Funds Are In A ‘Vicious Downward Cycle’ As Their Favorite Stocks Badly Trail Market
(CNBC) After beating the market in the first half of the year, a basket of the most popular long positions at 823 hedge funds has lagged the S&P 500 by 7 percentage points since mid-June, according to Goldman Sachs. The […]