Category Archives: Syndicated
Swiss GAM Sees H1 Profit Hit From Cantab Writedowns
(Reuters) GAM Holding AG will take an impairment charge of around 59 million Swiss francs ($58.9 million) related to its 2016 acquisition of British hedge fund Cantab Capital Partners, the Swiss group said while flagging a sharp drop in first-half […]
Hedge Funds Embrace China Yuan Short Trade, but no Doomsday in Sight
(Reuters) A record slide in the Chinese currency in June has paid rich dividends for some of the world’s top macro hedge funds, though they say those trades do not reflect growing bets on an economic crash.The world’s second biggest […]
Citadel Hedge Funds Jump 8.8%, Extending Hot Streak
(Bloomberg) Ken Griffin’s flagship multi-strategy funds extended their solid performance this year through the first half, returning 8.8 percent. Citadel’s Kensington and Wellington funds, which jumped 13 percent last year, gained 1.5 percent in June, according to a person with […]
Bridgewater’s Jensen: Cash A ‘Viable Alternative’ to U.S. Stocks, Bonds
Bridgewater’s Jensen: Cash A ‘Viable Alternative’ to U.S. Stocks, Bonds Reuters posted on Fri 13 Jul 2018 Permalink Print Bridgewater Associates, the world’s biggest hedge fund, is bracing for a long stretch of underperformance by U.S. stocks and bonds. “U.S. […]
Billionaire Steven Cohen Invests in Crypto Hedge Fund
(Bloomberg) Billionaire Steven Cohen has invested in a hedge fund focusing on cryptocurrencies and blockchain-based companies, according to a person familiar with the matter. The investment was made through his Cohen Private Ventures, said the person, who asked not to […]
Emerging Markets Focused Hedge Funds Post Fifth Consecutive Month of Losses
(Hedgeweek) Hedge funds were down 0.32 per cent in June ending the first half of 2018 on a flat note with a 0.06 per cent gain. In contrast, the MSCI World Index (Local) was down 0.01 per cent as of […]
Hedge Funds Should Be Thriving Right Now. They Aren’t.
(New York Times) Highly paid hedge fund managers have complained for years that it’s unfair to compare their performance with the broad stock market during prolonged bullish periods. Hedge funds are designed to mitigate risk, the argument goes, and so […]
Wall Street Managers Have Cost Americans More Than $600 Billion Over The Past Decade
(Yahoo) Over the last decade, fund managers who oversee the pensions of the nation’s teachers, firefighters, police and other government workers have doubled down on an investment strategy that has cost U.S. taxpayers at least $600 billion, possibly more than […]
Hedge funds pin macro hopes more on U.S. yield curve than dollar
(Reuters) Hedge funds raised their bets last week on a flatter U.S. yield curve and a stronger dollar. Their bond bet shows signs of coming good as the yield curve moves towards inversion, but their FX wager? Not so much.The […]
Hedge fund Elliott raises stake in Japan’s Alpine
(Reuters) – U.S. hedge fund Elliott Management has raised its stake in Japan’s Alpine Electronics Inc to 6.3 percent, a regulatory filing showed, less than a week after it said it could make “significant proposals” to the components maker. Elliott […]
Billionaire Steven Cohen Invests in Crypto Hedge Fund
(Bloomberg) Billionaire Steven Cohen has invested in a hedge fund focusing on cryptocurrencies and blockchain-based companies, according to a person familiar with the matter. The investment was made through his Cohen Private Ventures, said the person, who asked not to […]
Citadel Hedge Funds Jump 8.8%, Extending Hot Streak
(Bloomberg) Ken Griffin’s flagship multi-strategy funds extended their solid performance this year through the first half, returning 8.8 percent. Citadel’s Kensington and Wellington funds, which jumped 13 percent last year, gained 1.5 percent in June, according to a person with […]