Monthly Archives: January 2018
Bridgewater’s Bruce Steinberg Killed in Plane Crash With Family
(Bloomberg) Bridgewater Associates executive Bruce Steinberg and his family were among 10 Americans killed when a charter plane crashed into a mountain in Costa Rica on Sunday. “The Bridgewater family lost Bruce Steinberg (a senior investor at Bridgewater and a […]
Pershing Square, Valeant Arrive at Settlement Split For Allergan Lawsuit
(Reuters) Activist investor William Ackman’s Pershing Square PHS.AS and Valeant Pharmaceuticals (VRX.TO) on Friday decided to pay $290 million to settle a lawsuit that accused them of insider trading before bidding for Allergan Plc (AGN.N) in 2014. Pershing Square said […]
Steve Cohen Prepares Return With Help of Big Brother Oversight
(Bloomberg) Inside what will be his Stamford Harbor Capital sits a command center in the middle of the trading floor. There, a 50-member compliance team is strategically positioned to listen in on traders’ conversations in real time, comb through emails […]
OPEC Wins Over Hedge Funds to Make 2017 Oil’s Most Bullish Year
(Bloomberg) Oil bulls are charging into the new year with unprecedented vigor, and the credit goes to OPEC. The signs that the group is winning its tug of war with shale are compelling, and money managers have taken note: Their […]
Einhorn’s Main Hedge Fund Rises 2% in 2017 With December Advance
(Bloomberg) The main hedge fund at David Einhorn’s Greenlight Capital returned 1.1 percent in December as equities rallied. The gain boosted the fund’s return to 2 percent for 2017, according to an email to clients that was seen by Bloomberg […]
Cotton Was 2017’s Star Crop, and Funds Have High Hopes for 2018
(Bloomberg) The longest winning streak in two decades propelled cotton to 2017’s biggest increase among crop commodities, and hedge funds are ready for more gains in 2018. Of the nine components tracked by the Bloomberg Agriculture Subindex, only cotton and […]
The Best Absolute Return Fund You Are Not Yet Invested In
(Citywire) First State’s Diversified Growth fund is the new kid on an increasingly crowded block, but after returning 14.65% in 2016, at a time when other absolute return funds were struggling, it may stand out from the pack. To read […]
Traders Are Betting Billions That The Hottest Stocks Of 2017 Will Get Crushed
(The Business Insider) Facebook, Apple, Netflix, and Google are high up on the list of S&P 500 companies that investors added the most notional amount of short interest to this year….The so-called FANGS — Facebook, Apple, Netflix, and Google — […]
Do You Really Want to Live With a 60/40 Allocation in 2018?
(Harvest) Numbers and statistics are a funny thing. They usually don’t lie and are not fake. You can misinterpret them, but numbers tell a story and it is the job of the investor to either accept the story or come […]
Everything Positive For 2017, But Unfortunately We Are Starting a New Year
(Harvest) Many pension and endowments are going to post double-digit returns for 2017. Most have exceeded their actuarial expect return assumptions of 7%. Family offices and general investors have also posted good returns for the year. Equity returns for US, […]
Cross-Currency Basis Swaps Signal Temporary Dollar Shortage
(Harvest) Global macro traders look for outliers. The good ones have a disciplined approach to review and process lots of cross-market relationships looking for the few that may be out of place. These are the relationships that need capital and […]
Top Hedge Fund Industry Trends for 2018
(HedgeCo.Net) Each year, Agecroft Partners predicts the top hedge fund industry trends stemming from our contact with more than two thousand institutional investors and hundreds of hedge fund organizations. The hedge fund industry is dynamic, and participants are best served […]