Monthly Archives: January 2016
HSBC Downgraded By JPMorgan As Bad Loans In Asia Set To Surge
(Bloomberg) HSBC Holdings Plc will be one of the worst performers among European banks this year as waning growth in emerging markets more than doubles the bank’s bad loans in Asia, according to analysts at JPMorgan Chase & Co. HSBC’s […]
Brevan Howard’s Main Hedge Fund Down 1.99 Percent for 2015
(Reuters)Leading European hedge fund firm Brevan Howard’s main hedge fund lost 1.99 percent for 2015 after falling 3.91 percent in December, according to performance information seen by Reuters. It was the large fund’s second consecutive annual loss. The firm, led […]
Hedge fund is sick of Yahoo CEO Marissa Mayer
(CNN. MONEY) Starboard Value, an activist investing firm that owns a stake in Yahoo, wrote a scathing letter Wednesday to Mayer, Yahoo chairman Maynard Webb and the rest of the company’s board.In the letter, Starboard Value managing member Jeffrey Smith […]
Hedge Fund Asset Growth to Continue According to Outlook
New York (HedgeCo.net) – Institutional investment research firm eVestment recently released their 2016 Hedge Fund Industry Outlook and the firm sees the hedge fund industry continuing to grow. eVestment used data from 2015 as well as industry news and trends […]
Brevan Howard Making News on Two Fronts
New York (HedgeCo.net) – Geneva-based hedge fund firm Brevan Howard made news on two different fronts yesterday. On the one hand you had a story featured in a number of UK-based media outlets that centered on the firm’s profitability and […]
Why Hedge Fund Inflows Shrank in 2015
(Barron’s) Withering interest forfixed-income and “event-driven” investment strategies handedhedge funds a sluggish inflow in 2015 compared with a year earlier,according to a report from research firm eVestment. Through November2015, hedge funds had attracted $66.6 billion, on pace to finish wellbelow […]
Nevsky to Shut Its $1.5 Billion Hedge Fund After 15 Years
(Bloomberg) Nevsky Capital’s $1.5 billion hedge fund is shutting down and returning money to investors as the emergence of computer-driven trading strategies and index funds diminish money-making opportunities.The London-based firm managed by Martin Taylor and Nick Barnes makes bets on […]
Hedge Funds Lose Millions As Argos Owner’s Shares Rise 41%
(The Guardian) A collection of hedge funds have lost more than £30m in a single afternoon after shares in Home Retail Group, the owner of Argos and Homebase, rose on the news that Sainsbury’s had made a takeover approach.Hedge funds […]
Coutts Challenges Bond Bears As Hedge Funds Bet On 10-year Notes
(Bloomberg) Coutts & Co., the 300-year-old bank for the wealthy, is challenging the consensus by saying now is not the time to be bearish on Treasuries.“We wouldn’t look for very much in the way of rate hikes” from the Federal […]
George Soros’ protégé just nailed one of the biggest hedge fund launches ever
(Business Insider) Scott Bessent, who had been managing George Soros’ $30 billion fortune for the past four years, officially launched his own hedge fund this week with $2 billion in assets, Bloomberg News reports. Bessent’s Key Square Group, a global […]
A hedge fund has laid out why it is closing — and it is enough to chill investors everywhere
(Business Insider) After 15 years, Nevsky Capital, a London-based global long/short equity hedge fund led by Martin Taylor and Nick Barnes, is shutting down, according to an investor letter posted by ZeroHedge. The fund isn’t closing because of bad performance. […]
Journal Article Exposes Secondary Level of Research for Hedge Funds
New York (HedgeCo.net) – One man and his company work as consultants to Steven Cohen’s SAC Capital, Daniel Loeb’s Third Point LLC, Richard Perry’s Perry Capital as well as European hedge fund giant Brevan Howard Asset management, and until a […]