Monthly Archives: March 2019

(Reuters) – Hedge fund firm City Financial has agreed to transfer two funds, which run a total of $332 million in assets, to Garraway Capital Management, a source familiar with the matter told Reuters on Monday. City Financial had completed […]

(Hedgeweek) Hedge funds returned an average of +1.27 per cent in February, according to the just-released eVestment February 2019 hedge fund return data, building on a strong January to bring year-to-date (YTD) performance to +4.55 per cent. To read this […]

(Bloomberg) Hedge funds will look almost anywhere for an edge. When it comes to trading shares of Nintendo Co., they’re turning to a tiny research shop in a corner of Tokyo better known for used booksellers and guitar stores. Media […]

(Bloomberg) Activist investor Starboard Value said it will vote against the record pharmaceutical merger of Bristol-Myers Squibb Co. and Celgene Corp., launching a shareholder campaign that could gather dissidents who want to block the deal. Calling the takeover “poorly conceived […]

(Bloomberg) One of the world’s most perplexing stock rallies came to a halt on Friday after Hong Kong’s securities regulator suspended trading in China Ding Yi Feng Holdings Ltd., the obscure investment firm whose 8,500 percent surge over the past […]

(CNN) Last year, Hildene Capital Management, which manages some $10 billion in client assets, notified Sackler family investment entities that it would no longer handle their money. This overture of socially responsible hedge funding was inspired by an opioid-related tragedy […]

(Express Newsline) Voce Capital Management’s J. Daniel Plants has waged numerous proxy fights over the last eight years, but likely none bigger than the one he recently launched against Argo Group International Holdings — a specialty insurer with its U.S […]

(Bloomberg) All four main strategies rose last month and in 2019: Equity funds, up 1.8% in February, led the pack amid rebound Hedge funds are off to their strongest start since 2012 as managers reap the benefits of a global […]

(Hedgeweek) Following a challenging start to the year, CTA Indices showed signs of improvement with over half of trend constituents in positive territory in February. The SG CTA Index was up by 0.42 per cent, whilst the SG Trend Index […]

(Bloomberg) BlackRock Chief Executive Officer Larry Fink said he’s not a proponent of modern monetary theory.“That’s garbage,” Fink said in an interview with Erik Schatzker on Bloomberg Television Thursday. “I’m a big believer that deficits do matter. I’m a big […]

(IPE.com) Blackstone hedge fund business has bought a minority stake in middle-market alternative asset manager GI Partners for an undisclosed sum. GI Partners said the undisclosed stake was acquired by Blackstone’s Strategic Capital Group, a vehicle managed by Blackstone Alternative […]