Monthly Archives: January 2018
Hedge Funds Start New Year With Wave Of New Fund Launches:
(Opalesque) In the week ending 05 January, 2018, it was reported that Michael Gelband will start his long-anticipated hedge fund in the next six months after resolving a hiring dispute with billionaire Izzy Englander; Disciplina Asset Management announced the launch […]
Hedge Fund Performance Positive Across The Board For 2017
(Harvest) Strong year-end performance for hedge funds as measured by HFR indices was led by the fundamental growth and systematic CTAs categories. It is notable that the systematic CTA index performance from HFR was greater than what has been reported […]
Starboard Says Chipmaker Mellanox’s 2018 Targets Insufficient
(Reuters) Activist hedge fund Starboard Value LP said on Monday Israeli chipmaker Mellanox Technologies Ltd’s 2018 targets were insufficient and too heavily reliant on revenue growth. In December, Mellanox had forecast low to mid-teens revenue growth in 2018. The targets […]
How Bill Gross’s $200M PIMCO lawsuit helped win PR war
(New York Post) Rehabilitating bond guru Bill Gross’ tarnished reputation required an explosively worded, $200 million lawsuit against the company he founded, PR guru Michael Sitrick confesses in his recently released book, “The Fixer.” That lawsuit would be the “ideal […]
Sector Performance Shows More Year-End Dispersion In Returns
(Harvest) A year-end performance review of styles, sectors, and country index ETFs shows the peaks and valleys for 2017 and what may be ahead in 2018. Overall, this was an especially good year for international investing and holding exposure in […]
Quantitative Tightening Is the Biggest Economic Threat in 2018
(Harvest) In response to the 2008 financial crisis, the Fed and other central banks deployed zero or near-zero interest rates, quantitative easing, and assorted other interventions. These may have averted an even worse disaster, but their impacts were far from […]
Michael Cohen, Ex-Och-Ziff Executive, Charged With Fraud by U.S.
(Bloomberg) Michael Cohen, a former head of the European operations of Och-Ziff Capital Management Group, was charged with fraud related to the hedge fund firm’s activities in Africa, according to an indictment made public Wednesday. It’s the latest reverberation from […]
Former Day Trader Allegedly Made $1 Million In Insider Trading Profits
(HedgeCo.Net) A former day trader has been charged with making more than $1 million in illegal insider trading profits as part of a ring that allegedly stole confidential information from investment banks and clients so they could trade in advance […]
Brevan Howard’s Hedge Fund Suffers Biggest Annual Loss in 2017
(Bloomberg) Brevan Howard Asset Management’s flagship macro hedge fund lost 5.4 percent last year, recording its worst annual performance since starting in 2003, according to an investor letter. To read this article:
Cryptocurrency Hedge Fund BlockTower Raises $140 Million
(Bloomberg) BlockTower Capital, a digital currency hedge fund launched in August, raised $140 million and hired a former vice president at Goldman Sachs Group Inc., expanding its team to eight people, according to people familiar with the matter. To read […]
Fannie-Freddie Overhaul Might Mint Hedge Fund Riches, Losses
(Bloomberg) They’ve lost in court. They’ve been rebuffed by government agencies. Now, the fates of hedge funds and other investors in mortgage-finance giants Fannie Mae and Freddie Mac could lie with an old adversary: the U.S. Congress. To read this […]
Howard Hughes Shares Hurt As Ackman Trims Stake To Invest In Own Fund
(Reuters) Shares in Howard Hughes Corp (HHC.N) dropped more than 3 percent on Wednesday after billionaire investor William Ackman, who chairs the real estate company’s board and called it an attractive buy in May, said his firm would sell 2.5 […]