Monthly Archives: January 2017
HFRU Composite Index Gains 1.02% in Strong December For Equity, Macro UCITS Funds
(FinAlternatives) The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, gained +1.02% in December and 0.82% for the year, according to an update from Hedge Fund Research. To read this article:
It’s Time to Ignore Advice About Which Stocks to Buy in 2017
(NY Times) Before you take them up on their suggestions, let’s look at how well such portfolios did in 2016. The portfolios of stocks they were telling you to buy generally did much worse than the stock market over all. […]
BofAML: ‘Bonds Are Back’, But Probably Only Temporarily
(FinAlternatives) Investors poured $6.3 billion back into bond funds last week, the largest inflows into the sector in the last three months, but the reversal in sentiment may be a fleeting one, according to Bank of America Merrill Lynch. To […]
The Beginning Of The End Of Hedge Funds As We’ve Known Them?
(Harvest) So proclaimed Bloomberg in an interesting column about investors losing interest in hedge funds due to poor performance, or perceived poor performance, and high fees. I won’t defend the fees but will point out that fewer and fewer hedge […]
December Jobs Report: Show Me The Money
(Harvest) Another decent labor report in December, with the U.S. economy adding 156k jobs in the month, a bit below its recent trend, but still well above what is needed to keep up with growth in the labor force. The […]
Blackrock: A ‘Contrarian’ Way To Profit In 2017? Buy ‘Undervalued’ Europe
(CNBC) A major Wall Street firm is encouraging investors to start looking for opportunities in Europe, even as uncertainty surrounding Brexit and upcoming elections in the region linger. BlackRock, which formally upgraded its rating on European assets to neutral from […]
When The Feds Went After the Hedge-Fund Legend Steven A. Cohen
(The New Yorker) One day in early 2013, Preet Bharara, the U.S. Attorney for the Southern District of New York, met with his deputy, Richard Zabel, about one of the biggest cases of his career—a crackdown on insider trading in […]
Hedge Fund Verde Sees Aggressive Brazil Rate Cut This Month
(Reuters) Verde Asset Management SA, which runs Brazil’s largest hedge fund, sees “good chances” that the country’s central bank will cut the benchmark overnight lending rate by a bigger-than-expected 75 basis points this month in a bid to revive a […]
SEC Charges Operators of Fake Day-Trading Firm With Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged two men behind a phony day-trading firm with pocketing more than $1.4 million in deposits from hundreds of defrauded investors worldwide. The SEC alleges that Naris Chamroonrat of Bangkok, Thailand, recruited Adam […]
HFRX Global Hedge Fund Index Gains 0.86% In December; Up 2.5% for 2016
(FinAlternatives) Hedge funds gained in December as global financial markets posted gains across global equities, the dollar and energy commodities while credit yields continued a broad move up, according to new data from Hedge Fund Research. The results pushed some […]
Cooperman: Omega’s AUM Down To $3.4B Following SEC Allegations
(FinAlternatives) Leon Cooperman’s Omega Advisors has seen assets under management drop to $3.4 billion in the wake of SEC allegations last year of insider trading, the famed hedge fund investor said on Thursday. To read this article:
Neuberger Berman Raises $2.5B For Fourth PE Secondaries Fund
(FinAlternatives) Neuberger Berman has held a final close for its latest private equity secondaries fund, raising $2.5 billion in capital commitments and easily surpassing the new fund’s target of $2 billion. To read this article: