Monthly Archives: January 2017
Joint AIMA/Preqin Study: Hedge Funds Outperformed Stocks And Bonds On Risk-Adjusted Basis Last Year
(FINalternatives) Hedge funds outperformed equities and bonds on a risk-adjusted basis last year and produced net gains for investors worth around $120 billion, according to a joint study produced by the Alternative Investment Management Association (AIMA) and data provider Preqin. […]
Morgan Stanley, Citigroup Charged With Misleading Investors About Forex Trading Program
(HedgeCo.Net) The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney and Citigroup Global Markets have agreed to pay more than $2.96 million apiece to settle charges that they made false and misleading statements about a foreign exchange […]
Hedge Fund Leverage Moving Higher
(Valuewalk) December was a strong month for hedge funds, a JP Morgan Prime Brokerage report on global hedge fund trends reported. At the end of 2016, there was a decided trend among institutional investors to favor investment managers “that are […]
Trump’s Big Hedge Fund Backer Had A Huge Year With Largest Fund Up 21.5% In 2016
(Forbes) Robert Mercer, the co-chief executive of Renaissance Technologies, played a big role helping Donald Trump win the White House last year, but his efforts did not distract the world’s most elite hedge fund firm from making profits in financial […]
Hedge Funds Risk Treasuries Wipeout After Bearish Bets Soar
(Bloomberg) There’s a big showdown looming in the U.S. Treasury market. The “fast money,” made up of hedge funds and other speculators, upped its bearish bets like never before this month, based on futures data for five-year notes. At the […]
Fink to CEOs: Think ‘Long-Term’ in New Global Environment
(FINalternatives) BlackRock will look closely at how the large global companies in which its clients are shareholders plan to use any cash repatriated to the United States as part of President Trump’s tax reform, one of many elements in a […]
Northleaf Capital Partners Raises $950M For New Infrastructure Fund
(FINalterntives) Canadian private markets investor Northleaf Capital Partners has held the final closing for its second OECD-focused pooled infrastructure investment vehicle, raising $950 million for the new fund. To read this article:
Hedge Fund Steel Partners Launching $500 Mln Fund
(Reuters) Hedge fund manager Warren Lichtenstein, well known for successfully pushing companies to perform better, is raising a new fund for the first time in nearly a quarter of a century in order to buy stakes in underperforming companies. Lichtenstein’s […]
Wall Street Horizon and MT Newswires to help quants uncover alpha
(HedgeWeek) Wall Street Horizon, the corporate events surveillance specialist, and MT Newswires have formed a partnership designed to help quantitative investors uncover new sources of alpha. To read this article:
Marcato Capital Urges Virtus to Use Cash to Buy Ridgeworth
(Reuters) Activist hedge fund Marcato Capital Management LP said on Tuesday that Virtus Investment Partners Inc should fund its $513 million purchase of RidgeWorth Investment with cash to maximize returns.The deal could add more than 50 percent to Virtus’ earnings, […]
Analyst Ratings and the Institutional Imperative
(Harvest) It would be beneficial if more companies followed this type of attitude. Ironically, the thing many companies seem to care about the most (its stock price) would likely do much better over the long run if the distraction of […]
Readying Bond Portfolios for Reflation
(Harvest) We believe now is a good time to ready bond portfolios for reflation: improving growth, wage gains and higher inflation. We see global reflation running further in 2017 and spurring a modest rise in global bond yields. To read […]