Category Archives: Syndicated
Macquarie to Close Oldest Asia Quant Equity Hedge Fund
(Bloomberg) Macquarie Group Ltd. is shutting Asia’s oldest quantitative equity hedge fund after a poor performance in recent years, said a person with knowledge of the matter. The Australian company told investors nearly three weeks ago that the 13-year-old Macquarie […]
Hedge Fund Bear Vindicated With 10% Gain Shorting Japan Stocks
(Bloomberg) After cutting a sometimes lonely figure as a staunch bear amid Japan’s stock-market rally, Shannon McConaghy has been vindicated….The $48 million Japan-focused hedge fund he manages for London-based Horseman Capital Management Ltd. returned 10 percent in the first 10 […]
Hedge Fund Flows Negative in October as Performance Falters
(Evestment) Investors removed an estimated -$7.13 billion from the global hedge fund industry in October, pushing year-to-date (YTD) flows firmly negative at -$10.09 billion, according to the October 2018 eVestment Hedge Fund Asset Flows Report. The October outflows follow an […]
Hedge funds redemptions surge to $39.1 billion, highest in more than 5 years
(Opalesque) Hedge funds endured their heaviest outflows in more than five years in September despite record highs in U.S. equity indexes and strong consumer sentiment, according to the… To read this article:
Crestline Investors raises $600m for new fund
(Opalesque) Laxman Pai, Opalesque Asia: Crestline Investors, credit-focused institutional alternative asset manager, has closed its latest fund at $600 million. The fund will focus on Crestline’s portfolio financ. To read this article:
Hedge Fund Solus Looks to Raise $750mn Fund
(Reuters) Solus Alternative Asset Management LP is launching a $750 million fund focused on distressed and stressed investment opportunities, according to a person familiar with the matter and a letter to investors Reuters reviewed. The firm, which has $5.8 billion […]
Hedge Funds’ Historic Bond Bet Swing Suggests Fed Close to Cycle End
(Reuters) A potentially huge shift is underway in the U.S. bond market, underscored by a historic swing in hedge fund positions: investors are beginning to think the U.S. economy is close to peaking and the Fed is near the end […]
Italy Finds a Friend in U.S. Hedge Fund
(Bloomberg) A corporate battle at Telecom Italia SpA shows why it’s tough to be an investor in Italy these days. The government is interfering with a private company to get hold of its most prized asset: the country’s phone and […]
Hedge Fund’s Accounts Liquidated Amid Energy Market Volatility
(Bloomberg) Gyrations in the natural gas and oil markets have claimed at least one hedge fund victim. Accounts belonging to Tampa-based Optionsellers.com, which specializes in writing commodities options for high net-worth investors, have been liquidated, INTL FCStone Inc., the brokerage […]
THE RISE OF THE ARTIFICIALLY INTELLIGENT HEDGE FUND
(Wired) LAST WEEK, BEN Goertzel and his company, Aidyia, turned on a hedge fund that makes all stock trades using artificial intelligence—no human intervention required. “If we all die,” says Goertzel, a longtime AI guru and the company’s chief scientist, […]
Paul Singer scores victory with new Telecom Italia CEO
(New York Post) When Telecom Italia on Sunday named Luigi Gubitosi as its new chief executive officer, it handed Paul Singer a big victory in his struggle to remake the troubled company… To read this article:
Soros Protégé Sees Opportunities for Stock Pickers
(Bloomberg) A hedge fund manager mentored by George Soros said recent volatility in equity markets in Australia and globally offer opportunities for stock pickers, the Australian newspaper reported. In a world of high frequency algorithmic trading and index funds, stocks […]