Category Archives: Syndicated

Asset Manager Tages to Take Stake in Private Equity Group VAM

(Reuters)Alternative asset manager Tages Group said on Wednesday it was taking a stake in private equity group VAM Investments in a deal that gives it an option to buy the entire company within three years. Under the deal, Tages will […]

Insurer Joins Constitutionality Fray Over Puerto Rico Oversight Board

(Reuters) Bond insurer Assured Guaranty Corp is contesting the constitutionality of the federal board overseeing Puerto Rico’s restructuring despite a recent opinion rejecting a similar challenge by hedge fund Aurelius Capital Management. In a filing on Monday in U.S. District […]

Hedge Fund Caius says Disappointed with EBA View of UniCredit

(Reuters) London-based hedge fund Caius Capital on Monday said it was disappointed with the European Banking Authority’s rejection of its request to look into a complex debt instrument used by UniCredit that the fund said was wrongly classified as core […]

Pompeo Accuses Iranian Supreme Leader of Profiting From $95 Billion Hedge Fund

(CNN) US Secretary of State Mike Pompeo delivered a scathing speech on Iran’s leadership Sunday, accusing Tehran’s ruling ayatollahs of spreading violence across the Middle East and lining their own pockets with ill-gotten gains at the expense of ordinary Iranians. […]

Opalesque Exclusive: Managers at Delivering Alpha Tout Best Ideas

(Opalesque) Hedge fund managers and investors gathered in New York City today for the Delivering Alpha Conference. The slimmed down program saw longer interviews with fewer managers, but a small handful did give their best ideas from the stage. Alex […]

Leon Cooperman to shut down hedge fund, will keep managing own wealth

(Reuters) – American billionaire Leon Cooperman said in a letter to investors seen by Reuters that he plans to close his Omega Advisors hedge fund firm and give investors their money back but would continue to manage his own personal […]

CTAs and Market Neutral L/S Equity stand out

(Hedgeweek) There was a pause in trade developments and solid corporate profits fuelled risk appetite last week pushing hedge funds strategies with the highest market beta higher, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To […]

Hedge funds slash bullish oil positions after prices peak:

(Reuters) – Hedge fund managers have slashed bullish long positions in petroleum at the fastest rate in more than a year, as the gentle profit-taking in previous weeks turned into a rush for the exit. Hedge funds and other money […]

Hedge funds place record bet on higher five-, 30-year U.S. yields

(Reuters) – Not everyone buys into the view that the marathon U.S. economic expansion has enough momentum left to warrant interest rates and yields going much higher, but one group of investors is going all in: hedge funds. To read […]

Hedge Funds Are Suffering From Metal Fatigue

(Bloomberg) Commodity funds are going soft. The investors who helped bid up the price of LME copper to a four-year high of $7,348 a metric ton last month are beating a path to the door. Holdings of investment funds in […]

China Hedge Funds Trigger Investor Unease With June Implosion

(Bloomberg) For the most die-hard bulls among the China-focused hedge fund community, June was a month of reckoning. Funds with the highest net exposures to China’s markets suffered hefty losses after the benchmark stock index posted its biggest monthly decline […]

China Regulator Says Stock Index Futures ‘Back to Normal’ Soon

(Reuters) A top Chinese securities regulator said on Monday that trading in stock index futures will soon be “back to normal,” two sources said, suggesting the government is about to lift the draconian restrictions on such derivatives it imposed during […]