Monthly Archives: January 2019
An Ex-Nomura Trader Starts Hedge Fund at Tencent-Backed Firm
(Bloomberg) An ex-Nomura Holdings Inc. trader has started a hedge fund focused on emerging-market corporate bonds at a money manager backed by Tencent Holdings Ltd. Desmond How, who headed a proprietary trading desk covering credit products at Nomura, launched the […]
2018 was a difficult year for many alternative UCITS funds
(Hedgeweek) Many Alternative UCITS funds did not have a happy 2018, with only one in six funds able to post positive results for the year, and assets under management in the total space declined with slightly less than 8 per […]
Hedge Fund Fraudster ‘Relieved’ After Being Deported to China
(Bloomberg) A hedge fund analyst sent to jail for stealing confidential trading strategies from a London firm was “relieved” to be deported back to China after spending four-and-a-half years behind bars, his lawyer said. Ke Xu was convicted in 2015 […]
Hedge Funds See More Juice in Carbon Market’s Two-Year Rally
(Bloomberg) Reforms that soaked up a supply glut for pollution allowances have yet to run their course, prompting investors to pile in. The speculative fervor that made European carbon allowances the hottest commodity of 2018 shows little sign of abating […]
How Crypto Hedge Funds Can Use AI to Achieve Alpha
(CCN) As Nobel Prize-winning economist Robert Shiller put it, “Bitcoin is a social phenomenon.” Rumors, fear, and hype all play an enormous role in influencing the price of cryptocurrency, but these things are not so easy to identify on a […]
The New Hedge Fund Manager Flies Economy
(Bloomberg) Brant Rubin started a hedge fund last year only to find it wasn’t the easy path to riches it used to be. He’d quit his job buying into European internet companies for London’s Luxor Capital in 2017 to set […]
The Hedge Fund Paradox: Why Small Funds Outperform Big Funds
(Seeking Alpha)Research shows that smaller hedge funds beat the performance of their bigger rivals. Due to the carrying capacity and higher transaction costs of having a large AUM, large funds struggle to keep up with the returns of smaller, nimbler […]
2018 Was a Challenging Year for Hedge Funds, Says eVestment
(Hedgeweek) Forty-two per cent of hedge fund managers were able to raise new capital in 2018, but those who saw redemptions and/or lost money were in the majority, and declared 2018 to be one of the most challenging years for […]
Stocks May Be On The Brink Of Another Correction.
(CNBC) Stocks may be on the brink of another correction. Despite 2019’s strong start, the Economic Cycle Research Institute’s Lakshman Achuthan believes the market remains in a danger zone, because there’s evidence economic growth is still decelerating. To read this […]
Harding’s Quant Hedge Fund Sees Assets Plummet by $5 Billion
(Bloomberg)Assets at David Harding’s quantitative investment firm plunged by about $5 billion last year as it shifted strategy and investors lost patience with computer-driven hedge funds. The money managed by Winton Group slumped to $23.6 billion at the end of […]
Asia’s Hedge Funds Just Had Their Worst Year Since 2008
(Bloomberg) As investor updates for the final month of 2018 trickle in, there’s one overriding message: December capped a year most hedge-fund managers in Asia — and their clients — would rather forget. From ill-timed bets on Chinese tech stocks […]
Ray Dalio’s Hedge Fund Dumped by Tiny County Fed Up by Fees Sapping Return
(Bloomberg) With $2.9 billion in assets, the San Joaquin County pension fund is a small-fry retirement plan. By contrast, Bridgewater Associates is a colossus, the world’s largest hedge fund with $80 billion. That hasn’t stopped the northern California fund from […]