Monthly Archives: January 2018
Hedge Fund Strategies Tweaking Algorithms Were Big Winners In 2017
(Valuewalk) For certain hedge funds, 2017 might be considered the year of the strategy adjustment – and the attainment of alpha over the performance of an index. This is particularly true among noncorrelated hedge funds, those strategies that are not […]
Group Says Venezuela Bonds Should Trade Minus Interest
(Reuters) Emerging markets trade group EMTA on Monday recommended that Venezuela’s sovereign bonds be traded flat or without accrued interest, the way bonds in default are typically traded. The move comes after S&P last week downgraded Venezuela’s 2018s to D […]
Fairpointe Adds to Shareholder Demands Over Nuance CEO Plan
(Reuters) Fairpointe Capital LLC, Nuance Communications Inc’s tenth largest shareholder, said on Monday it had voiced concerns to the software company’s board that its CEO has not yet retired, making it the third investor to do so in recent weeks. […]
Man Group’s $3.4 Billion Evolution Hedge Fund Gains 18% in 2017
(Bloomberg) Man Group Plc’s AHL Evolution fund gained about 18 percent in 2017, giving the computer-driven hedge fund its best yearly increase since 2014. The $3.4 billion fund, which uses algorithms to invest in less liquid markets that generally aren’t […]
White House Preparing For Trade Crackdown
(Politico) As Trump returns to a key campaign pledge, upcoming closed-door meetings will shed light on how aggressive the president plans to be. To read this article:
Goldman, Franklin Templeton top worst-selling fund manager list
(Seeking Alpha) The FT had Morningstar put together a list of worst-selling mutual fund managers. In no surprise given the passive investing craze, those houses known for stock- and bond-picking dominated, led by Goldman Sachs (NYSE:GS), whose fund arm had […]
Shifting Client Conversations from Yield to Cash Flow
(Harvest) When meeting with financial advisors, we’re consistently hearing concerns that retirees may feel challenged to generate sufficient income to meet everyday expenses in this low-interest-rate environment. As a result, they may be tempted to pursue certain high-yielding investments, without […]
SEC Charges Operators of $1.2 Billion Ponzi Scheme Targeting Main Street Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme. SEC […]
Seven-in-ten investors anticipate global equities correction of over 10 per cent within 18 months, says MPG
(Hedgeweek) Seven out of 10 (71 per cent) institutional investors anticipate a global equity market correction of more than 10 per cent within 18 months, including nearly half (47 per cent) who expect it to happen within a year, according […]
Cohen to Manage Outside Money Under Point72 Asset Management
(Bloomberg) When Steve Cohen takes in outside capital later this quarter, he’ll be doing so under the name Point72 Asset Management. Point72 was the entity created four years ago that housed Cohen’s family office when he returned client capital, after […]
The Lessons of 2017 for Hedge Funds
(Bloomberg) As funds start to post their returns for 2017, a sharp divide is emerging between the winners and losers.PLATT’S RETURN IN 201754%Michael Platt had a banner year, beating his near-50 percent gain in 2016 with a 54 percent return […]
Some Hedge Funds Deliver Double-Digit Gains For 2017
(Reuters) A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Activist hedge fund Marcato […]