Category Archives: Syndicated
NY Court Slaps Hedge Fund Operators with $1.0 Million Fine
(Finance Magnates) The top U.S. futures market regulator on Thursday announced that it received a New York federal judge’s blessing to fine operators of Algointeractive hedge fund more than $1 million for fraud and failing to register with the CFTC. […]
India’s Top Hedge Fund Turns to State-Run Banks as Bad Loans Wane
(Reuters) India’s top hedge fund is exploring opportunities in state-run banks, a sector shunned by most investors till now, as valuations turn attractive and the backlog of bad loans that have riddled lenders start to dwindle.State-run banks will also benefit […]
Introducing the New Crop of Hedge Fund Hidden Gems: Taking Stock
(Bloomberg) One of the big takeaways from the 13Fs is that a boatload of funds had the premonition to pare or exit their positions in large-cap tech during the third quarter, or just before the market rout began in October. […]
It’s Been a Good Day For Me, Claims Hedge Fund Tycoon Crispin Odey
(Times Online) A Brexiteer hedge fund manager proclaimed a good day at the office last night as market fears that Britain could crash out of the EU without an agreement sent the pound tumbling. Crispin Odey, the investment tycoon, said […]
Oil Hedge Fund Giant Andurand Hammered in Crude’s Slide
(Financial News) One of the last oil hedge funds standing has become a high-profile victim of the recent rout in crude prices. Pierre Andurand, who earlier in 2018 predicted oil could soon hit $100 a barrel, suffered the largest-ever monthly […]
Italy’s Budget Openly Challenging EU Budget Rules
(Reuters) Italy’s draft budget for 2019 “significantly” deviates from commitments, the vice president of the EU Commission Valdis Dombrovskis said in an interview with daily Il Sole 24 Ore on Friday, threatening a procedure for excessive debt against Rome. Earlier […]
Do Hedge Funds Need a New Measure of Success?
(Barron’s) The hedge fund industry should move away from unhelpful relative benchmarks and build a new metric that better informs investors, according to Afsaneh Beschloss, the founder and CEO of investment manager the Rock Creek Group… To read this article:
Azvalor Launches Spain’s First ‘Multi-Manager’ Equity Fund
(Opalesque) Azvalor Managers Fund’ is a global equities fund which will invest internationally through the best investment ideas of thoroughly selected ’boutique’ asset managers. Central to the idea of the new fund is a desire to find managers from around […]
Index Industry Association survey reveals 3.7 million indexes globally
(Opalesque) Index Industry Association (IIA), the first-ever trade association for the index industry, today announced the results of its second annual global index survey. The IIA is the only industry body to quantify the complete index universe and according to […]
For Hedge Funds, the Sky Always Seems to Be Falling
(Bloomberg) Steven A. Cohen, the billionaire hedge fund manager who was briefly barred from the business but is back managing other people’s money, told a crowd on the Upper East Side of Manhattan on Tuesday night that the bear market […]
Ex-Hedge Fund Exec Magerman Funded Anti-Facebook Campaign
(Marketwatch) Philanthropist and former hedge-fund executive David Magerman — not George Soros — was the initial donor behind an effort urging regulators to break up Facebook Inc. FB, -0.94% Axios reported Thursday. On Wednesday, a New York Times report said […]
Barclay Hedge Fund Index down 3.06% in October (-1.90 YTD)
(Opalesque) Hedge Funds gave up 3.06% in October according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 6.84% decrease in the S&P 500 Total Return Index. Year… To read this article: