Category Archives: Syndicated
Hedge fund returns mixed in June
(Hedgeweek) Halfway through 2018, and hedge funds are producing very mixed results with just over half of reporting strategies positive for the year, according to the June 2018 eVestment Hedge Fund Performance Report. To read this article:
Big Money Tests Marijuana Waters, With Hedge Funds Leading Charge
(Bloomberg) Navy Capital’s one-room office in midtown Manhattan could probably fit in the coat closets of many of its competitors. But the hedge fund’s digs belie the firm’s success in betting on something few of its peers will touch: cannabis. […]
Wilshire Liquid Alternative Index down 0.24 per cent in June
(Hedgeweek) The Wilshire Liquid Alternative IndexSM, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.24 per cent in June, and -0.56 per cent for the second quarter in 2018. To read this article:
Barclay Hedge Fund Index down 0.31 per cent in June
(Hedgeweek) Hedge Funds lost 0.31 per cent in June according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.62 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is up […]
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. To read […]
Treasury Short Bets May Be on Borrowed Time
(Bloomberg) President Donald Trump’s newest threat of ramping up tariffs against China is adding to a pressure cooker potentially building from an outsized amount of speculative bearish wagers on long-term Treasuries. Treasury yields dropped after the Trump administration announced late […]
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 […]
It’s Rupert Murdoch vs. Hedge Fund Greed at Sky
(Bloomberg) Just give us more. The auction for Sky Plc has become a spectacle of greed. On Wednesday, Twenty-First Century Fox Inc. made a fresh 14 pounds-a-share offer, valuing the British satellite broadcaster at 25 billion pounds ($33 billion). But […]
Pretty Soon, You’ll Get to Invest Just Like Ray Dalio
(Bloomberg) Ray Dalio may be slowing down, but the investment strategy he popularized is just getting started. Bloomberg News reported recently that Dalio, founder of the world’s largest hedge fund, Bridgewater Associates LP, will spread the firm’s ownership among more […]
Tiger Global takes $1 billion stake in SoftBank, calling it undervalued
(Reuters) – U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm to be undervalued, a source with direct knowledge of the matter said, driving SoftBank shares […]
Bluemountain Hires Four Portfolio Managers to Build Out Relative-Value Focus
(Reuters) BlueMountain Capital Management on Tuesday said it hired four portfolio managers to build out the hedge fund’s new fixed-income strategy focused on relative-value investments in G7 government bonds, U.S. municipal bonds, agency ABS and emerging market debt. To read […]
U.S. Judge Nixes Move to Toss Puerto Rico Bankruptcy Case
(Reuters) A federal judge on Friday rejected an attempt by a major Puerto Rico bondholder to throw out the U.S. territory’s historic municipal bankruptcy case. U.S. District Judge Laura Taylor Swain ruled that the creation by the U.S. Congress of […]