Category Archives: Syndicated

Short-term traders survive October’s hedge fund bloodbath

(Opalesque) Bailey McCann, Opalesque New York: October was the worst month for hedge funds in seven years, according to the latest performance data from Hedge Fund Research. The HFRI Fund Weighted Composite Inde… To read this article:

Stonegate digital asset hedge fund up 87% since April

(Opalesque) B.G., Opalesque Geneva: Since the Stonegate Diversified Digital Asset Master Fund opened to outside investors on 1st April 2018, it has returned an estimated 86.89% (gross), with an inception to date. To read this article:

Sentieo gets $19 million backer after palm-held ‘Bloomberg terminal’ wins 700 hedge fund and RIA clients

(Bloomberg) In very all-Silicon Valley deal, start-up’s CEO Alap Shah got former myCFO director as customer then convinced him to back his venture to the hilt. To read this article:

New Hedge Funds Strike Out in October

(Bloomberg) In a major test for the big three who started hedge funds this year — Dan Sundheim, Steve Cohen and Michael Gelband — none of them made money in October. Sundheim’s D1 Capital Partners fared the worst last month, […]

Goldman Says Hedge Funds Dove Right Back Into Tech at Rout’s End

(Bloomberg) At the end of the worst month in seven years, hedge funds showed few signs they’ve soured on the technology and consumer stocks at the heart of the sell-off. The opposite, in fact: Goldman Sachs data show those groups […]

Hedge Funds Fell 3% in October for Worst Drop Since 2011

(Bloomberg) Hedge fund returns fell almost 3 percent in October as global equity markets dropped. The decline is the worst monthly performance since September 2011, Hedge Fund Research Inc. said in a report Wednesday. To read this article:

New Hedge Funds Strike Out in October

(Bloomberg) In a major test for the big three who started hedge funds this year — Dan Sundheim, Steve Cohen and Michael Gelband — none of them made money in October. Sundheim’s D1 Capital Partners fared the worst last month, […]

Hedge Fund Astellon Returning Capital to Turn Family Office

(Bloomberg) Hedge fund Astellon Capital Partners will return investors’ money and turn into a family office by the beginning of next year, the latest to succumb to an increasingly hostile market for money managers. “The market environment for fundamental and […]

Rare Leniency by Chinese Security Watchdog Saved Three Brokers US$60mn

(South China Morning Post) The Chinese security market watchdog has made a rare U-turn and reversed its decision to fine three major security firms a total of 414.55 million yuan (about US$59.9 million) for allegedly assisting “malicious short selling” during […]

Hedge Fund Shorts Woodford Patient Capital Trust Shares

(Citywire) Neil Woodford has been forced to deal with high-profile short-selling campaigns against two of his key holdings in recent years, but one hedge fund group has gone one step further in its bet against the manager. Swiss fund manager […]

French Club Bordeaux Sold to U.S. Hedge Fund

(Reuters) French club Girondins de Bordeaux have been sold by the media company M6 Metropole Television (MMTP.PA) to Los Angeles-based hedge fund General American Capital Partners (GACP), the French firm said on Tuesday. “M6 Group has today finalised the sale […]

BlackRock Munich Offices Raided in German Tax Fraud Probe

(Financial Times) A far-reaching criminal investigation into tax fraud in Germany has spread to BlackRock, with the group’s Munich offices raided by criminal prosecutors on Tuesday. A spokesperson for BlackRock, the world’s biggest money manager, said the raid had taken […]