Monthly Archives: January 2019
Hedge Fund Managers Klarman, Dalio Sound Loud Warnings About U.S. and Global Economies
(Fortune) Two of the biggest names in hedge funds are separately warning investors that dire financial times could be ahead. Ray Dalio, founder of the world’s biggest hedge fund, and Seth Klarman, who has been called “the next Warren Buffett” […]
Vontobel Hands Selection Head New Risk Premia Strategy
(Citywire) Vontobel Asset Management has launched an alternative risk premia for Ilario Scasascia, who was named as head of the Swiss group’s combined multi-asset and selection efforts late last year. Scasascia, who continues to also serve as head of hedge […]
Are Energy Hedge Funds Going Extinct?
(Oil Price) Last year’s heightened volatility in energy markets—typically a welcome background for fund managers to make profitable trades—proved to be less than stellar news for energy-focused funds.Energy-exposed funds have been suffering since 2016—first because of subdued volatility, then because […]
Brexit Is Making It Hard to Buy British Companies
(Bloomberg) Risks around the U.K.’s planned exit from the European Union are making it hard to get sterling-denominated loans, an obstacle for companies that want to buy British assets, people familiar with the matter said. About $3.8 billion in deals […]
Russian oligarch’s deal for sanctions relief is sweeter than publicly portrayed
(The Washington Post) A Russian oligarch allied with Vladimir Putin will, along with close associates, maintain majority control of a major energy company from which the Treasury Department is lifting sanctions despite the Trump administration’s promise to hold him accountable […]
Bainbridge Partners Launches a UCITs Compliant Quant-Driven, Equity Market Neutral Fund
(HedgeCo.Net) Bainbridge Partners, a London based quantitative investment specialist since 2002, announced today the launch of a multi-strategy, global, equity market neutral investment fund following approval by the CSSF in Luxembourg, late last year. “LUX MULTIMANAGER SICAV – Bainbridge Equity […]
Performing Global Macro Hedge Fund Sees More Shorts Opportunities Ahead as China Bursts
(Valuewalk) Crescat Global Macro Fund and Crescat Long/Short fund delivered strong returns for both December and full year 2018 in a difficult market. Based on Bloomberg reporting, Crescat had the number 1 and 2 performing US hedge funds in December […]
Is The Rally in Equities a Correction?
(The Technical Analyst)The S&P has rallied strongly since Boxing Day, rebounding from its most oversold extreme since 2011, but George Davis at RBC Capital Markets asks whether the rally is just a bear market correction. Looking at a Chart of […]
Barclay CTA Index gains 0.30% in December,
(Opalesque) The Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions, posted a 0.30% rate of return in December. For the year the index was down 2.85%. Equity market volatility contributed to a challenging year for many managed […]
Judgment Issued Against Former CEO in Transition Management Fraud Case
(HedgeCo.Net) A judgment has been issued against the former CEO of a brokerage consulting business who was charged for his role in a multimillion dollar transition management fraud. The SEC previously charged a brokerage consulting business known as GTS along […]
Stocks getting a bit frothy after move higher, could pause as more earnings roll out
(CNBC) Stocks have gotten a boost from optimismfor U.S.-China trade talks, but earnings could take a bigger role in the week ahead, when reports roll in from a diverse group of companies in tech, railroads, pharma, airlines and consumer products. […]
Gulfport Pledges Share Buybacks After Hedge Fund Demand
(Reuters) Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value Partners. After the close of […]