Category Archives: Syndicated

Top Indian Hedge Fund Raises Cash to 65% Due to Rupee Weakness

(Bloomberg) India’s top hedge fund has raised its cash holdings to a record 65 percent of its assets as the rupee hit multiple lows amid a selloff sweeping developing nations. The Avendus Capital Alternate Strategies’ Absolute Return Fund, the nation’s […]

Korean Hedge Fund Avoids Share Drop by Ignoring Macro Noise

(Bloomberg) Kim Doo-yong is a fund manager who doesn’t care much about the trade war or turmoil in emerging markets, or even the slump in Korean shares this year. He just focuses on picking unloved stocks — and his hedge […]

Man GLG Buys in Bond Fund Managers from Sanlam

(Financial News) Man GLG, the discretionary fund management arm of hedge fund giant Man Group, has acquired a top-performing bond fund, together with its management team, from Sanlam’s London operation. Craig Veysey, who is head of fixed income at Sanlam […]

40 per cent of institutional investors have lost more than $10,000 due to bad corporate event data

(Hedgeweek) Companies are increasingly incorporating corporate event data into their trading strategies in order to mitigate monetary losses and react more quickly to market volatility, according to Wall Street Horizon’s latest Corporate Event Research Survey. To read this article:

Hedge Fund Tide Point Shutting Down After Six Years

(Reuters) Hedge fund Tide Point Capital Management is shutting down due to the majority owner’s personal wishes, the latest casualty in the $3 trillion industry which has faced increasing challenges in raising money and delivering top returns, two sources with […]

Hedge Funds Won’t Get More Money From EU’s Biggest Asset Manager

(Bloomberg) Amundi SA, Europe’s biggest asset manager, is stopping allocation to hedge funds to focus on mutual funds and other cheaper alternatives. Inflows into offshore hedge funds, such as those registered in the Cayman Islands, has slowed to a trickle […]

Pimco Hires Ex-Blackstone’s Studzinski to Advise Top Clients

(Bloomberg) Pacific Investment Management Co. hired John Studzinski, the former Blackstone Group executive who made his reputation in London and on Wall Street as an investment banker, to a newly created role working with the firm’s largest investors. To read […]

Cargill Hedge Fund CarVal Says Rejected Approach by Schroders

(Reuters) British asset manager Schroders (SDR.L) expressed interest in buying CarVal Investors in May but the hedge fund that is owned by U.S. agri group Cargill said it was not for sale, a CarVal executive said. To read this article:

When Will the Bleeding Stop in Emerging Markets

(Bloomberg) Hedge funds haven’t been this bearish for years. In the last month, funds quickly sold down their positions in emerging markets to levels last seen in August 2015, when China scared the world with a surprise devaluation, and early […]

Hedge Funds Face a New Threat From Richest Families in Asia

(Bloomberg) They’ve already come for the talent, poaching traders from the likes of Millennium Management LLC. Now Asia’s family offices are going after the hedge fund industry’s clients, too. Take Tolaram Group, which runs a $500 million family office in […]

New Hedge Fund Management Fees Edge Higher

(Hedgeweek) North American hedge funds which launched in 2018 are charging 1.46 per cent management fees on average, marginally higher than the global industry average of 1.40 per cent, according to data released by EurekaHedge. The last two years have […]

Four Seasons Asia predicts Godzilla moment will create positive change in Japan

(Hedgeweek)Four Seasons Asia, a long only and long/short investment house focused on Japan, is to launch a Japan-dedicated UCITS fund. To read this article: