Monthly Archives: January 2018
Ex-Deutsche Bank Prop Trader Seeks $500 Million for Energy Raids
(Bloomberg) Angelo Moskov, a former proprietary trader at Deutsche Bank AG turned activist investor, spent two years locked in a bitter feud for control of a tiny energy company that lost much of its value when commodity prices crashed. Now […]
Ackman Made New Bet on Nike, Namvar To Transition to Advisory Board
(Reuters) Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nike last year that has already earned his portfolio a roughly 30 percent return.For months the activist […]
Larry Fink Joins Ray Dalio in Warning Against Sitting in Cash
(Bloomberg) The heads of the world’s biggest asset manager and largest hedge fund are anti-cash. Larry Fink, chief executive officer of BlackRock Inc., is urging investors around the world to stop keeping money in cash as stock markets reach new […]
Hedge Fund Closing as South Korean Firm Retreats From Singapore
(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The Truston Falcon Asia Fund had bet on rising […]
Hedge Fund Veteran Says Emerging-Market Stocks Due for Breather
(Bloomberg) The last time Jordi Visser remembers so many fellow investors saying the exact same thing about emerging markets it was February 2016 and stocks and bonds were mired in a multi-year slump. Since then, the bulls took over: Those […]
Another Positive Year Ahead for Gold, Says the World Gold Council
(Harvest) In a year when the S&P 500 hit all-time highs, gold also held strong, finishing 2017 up 13.5 percent, according to the World Gold Council. Gold’s annual gain was the largest since 2010, outperforming all major asset classes other […]
SEC Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices
(HedgeCo.Net) The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC. OMWI created the Diversity Assessment Report to complement the Interagency Policy Statement Establishing Joint […]
Wilshire: 2017 A Strong Year For Liquid Alternatives
(FINalternatives) Liquid alternatives tracked with the traditional hedge fund brethren in recovering both return and asset momentum last year, according to the latest edition of the Wilshire Liquid Alternatives Industry Monitor, although liquidations still outpaced new launches. To read this […]
Castlewood Notches Third Consecutive Year of Double-Digit Returns
(FINalternatives) The flagship fund at macro-oriented investment manager Castlewood booked its third straight year of double-digit returns in 2017, according to performance data seen by FINalternatives, gaining +16.79% net of expenses. To read this article:
Hedge Fund Closing as South Korean Firm Retreats From Singapore
(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The closures of the office, established in 2007, and […]
Scaramucci Considers Return to SkyBridge, Scraps Vegas SALT Conference in 2018
(Bloomberg) Anthony Scaramucci said he’d like to have a role again in the future of SkyBridge Capital, the fund-of-hedge-funds firm he founded, and scrapped plans to hold his flagship SALT conference in Las Vegas this year.“If the sale goes through […]
Dalio Says Bonds Face Biggest Bear Market in Almost 40 Years
(Bloomberg) Billionaire hedge-fund manager Ray Dalio said that the bond market has slipped into a bear phase and warned that a rise in yields could spark the biggest crisis for fixed-income investors in almost 40 years.“A 1 percent rise in […]