Monthly Archives: January 2020

Hedge fund Standard General unveils challenge to Tegna’s board

(Reuters) – A large investor in Tegna Inc on Wednesday said it will nominate four directors to the U.S. regional TV station operator’s board, arguing the company’s stock has underperformed and changes are needed. Hedge fund Standard General has nominated […]

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019

(Reuters) – Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019, according to new data. To […]

Alledged Ponzi-Like Scheme Raises $75 Million From 500 investors in United States.

(HedgeCo.Net) The Securities and Exchange Commission has announced that it filed an emergency enforcement action and obtained a temporary restraining order and asset freeze against Illinois resident Kenneth D. Courtright, III and his company, Todays Growth Consultant Inc., in connection […]

Momentum underperformance poses renewed challenges for hedge funds’ alpha

(Hedgeweek) The recent underperformance of momentum stocks suggests the prevailing trends of recent years are drawing to a close – potentially making alpha generation increasingly challenging for hedge funds, according to Man Group analysts. To read this article:

U.S., China set to sign massive purchases deal, easing trade war

(Reuters) – The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as U.S. President Donald Trump and Chinese Vice Premier Liu He sign an initial trade deal that aims to vastly increase Chinese purchases of […]

Currencies in cautious mood as investors wait for trade deal signing

(Reuters) – The safe-haven yen held firm and riskier Asian currencies softened a little on Wednesday, as currency investors awaited the signing of the U.S.-China trade deal with trepidation. To read this article:

Hedge funds push their YTD returns up 8.58% in 2019 to record the strongest year since 2013

(Opalesque) The Eurekahedge Hedge Fund Index gained 1.52% in December, supported by the underlying equity market performance which pushed the MSCI ACWI (Local) 2.57% higher over the same period. The year-to-date (YTD) return went up to 8.58%. To read this […]

Man Group appoints Robert Furdak as CIO for ESG

(Hedgeweek) Man Group, a global active investment management firm, has appointed Robert Furdak as Chief Investment Officer for Environmental, Social and Governance (ESG), a newly-created role to further bolster the firm’s broader commitment to responsible investment (RI). To read this […]

Discretionary macro shop H2O bounces back

(Hedgeweek) H2O Asset Management, Bruno Crastes’ bond-focused discretionary macro hedge fund, which this year marks its tenth anniversary, has posted sterling year-end gains after facing investor pressure this past summer. To read this article:

Global real estate fundraising sets new record in 2019 at $151bn

(Opalesque)The global real estate fundraising exceeded $150bn for the first time in 2019, says a recent study by the research firm Preqin, as the 295 funds have reached a final close through the year secured a collective $151bn. To read […]

Natural resources fundraising crosses $100bn in 2019 but number of funds down

(Opalesque) Natural resources funds closed in 2019 secured $109bn, on par with the $107bn raised in 2018. But the number of funds closed that focus exclusively on pure natural resources strategies is falling. To read this article:

BlackRock profit beats estimates as assets top $7 trillion

(Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager, beat analysts’ estimates for quarterly profit on Wednesday, helped by strong flows into its exchange-traded fund business that boosted overall assets under management to a record $7.43 trillion. To read […]