Monthly Archives: January 2016
3 Things Every Young Wall Streeter Needs To Know Going into Bonus Season
(The Business Insider) It is the most wonderful time of year on Wall Street. That’s because it’s bonus season! Wespoke with a veteran bank analyst and hedge fund portfolio manager,and he had three rules for young Wall Streeters going through […]
Dalio and Bridgewater Associates Experience a Mixed Year in 2015
New York (HedgeCo.net) – Last year created mixed results for the largest hedge fund firm in the world. Bridgewater Associates, founded by Ray Dalio, saw two of its funds gain ground last year, but one of its most prominent funds […]
George Soros Sees Crisis in Global Markets That Echoes 2008
(Bloomberg) Global markets are facing a crisis and investors need to be very cautious, billionaire George Soros told an economic forum in Sri Lanka on Thursday. China is struggling to find a new growth model and its currency devaluation is […]
These hedge funders are the few who are killing it
(CNBC) For the average hedge fund, 2015 was nothing to brag about, and even may have proved humiliating. But a handful of portfolio managers outperformed their peers by a big margin, largely thanks to smart stock picking and shorting in […]
Cocoa Futures Plumb New Lows as Hedge Funds ‘Throw in The Towel’
(Agrimoney.com) Cocoa futures continued to plummet, amid volatile and high volume trading, amid ongoing uncertainty about West African production prospects.Front-month cocoa futures fell nearly 3% in morning deals in New York, to $2,898 a tonne, extending gains this week nearly […]
Top Hedge Fund Says China Should Have Waited on Crash Rule
(Bloomberg) APS Asset Management Pte, whose long-short China hedge fund returned 42 percent last year to beat most peers, said the nation’s authorities should have waited before suspending the circuit-breaker rules because retail investors will eventually learn to deal with […]
Passport Executive Garry to Depart $4.4 Billion Hedge Fund Firm
(Reuters) Tim Garry, second-in-command at $4.4 billion hedge fund firm Passport Capital, has decided to leave, according to a letter sent to clients on Thursday morning seen by Reuters.”Given his achievements at Passport, Tim is ready for a role with […]
Blackstone to launch hedge fund platform Senfina in Britain
(Reuters) – Blackstone Group is planning to bring its multi-manager hedge fund platform Senfina Advisors to Britain, three sources with direct knowledge of the move told Reuters.The platform, which allows investors to access a number of underlying hedge fund managers, […]
Chaos in China, One Hedge Fund Manager Dumps Everything
New York (HedgeCo.net) – The year has started as badly as possible for most world stock markets, but China’s market has seen the worst of it as the Shanghai Composite Index is down 11.7% in the first week and two […]
Time For Worried Investors To Start Betting On Hedge Funds?
(CNBC) Money spent on the high fees that come with investing in hedge funds might seem to have been a waste over the last six years, considering the performance of traditional assets. But with the bull market in stocks now […]
As Rival Hedge Funds Close, This London Short Seller Returned 20%
(Bloomberg) Horseman Capital Management’s biggest hedge fund gained 20.4 percent in 2015, with long running bets that stocks would drop paying off as global equity markets declined.The $867 million Horseman Global Fund, managed by Russell Clark, returned 5.6 percent in […]
PwC In $55 Million Settlement With Madoff Feeder Fund Investors
(Reuters) Price Waterhouse Coopers agreed to pay $55 million to settle claims it failed to audit properly the books of Fairfield Greenwich Group, the biggest operator of “feeder funds” for now-imprisoned swindler Bernard Madoff, court papers showed. The all-cash settlement […]