Trusted Insighthttp://thetrustedinsight.com/2024-03-06T10:21:08.049923-05:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Citadel Securities' Global Head Of Index Arbitrage Also Joining Quant Hedge Fund Qube
2024-03-06T10:21:08.049923-05:00https://www.thetrustedinsight.com/investment-news/citadel-securities-global-head-of-index-arbitrage-also-joining-quant-hedge-fund-qube-20240306936/
Quantitative hedge fund Qube Research and Technologies is on a hiring spree. Having seemingly recruited Pierre Lafitte, head of Jump Trading's London office, it's also thought to have hired Francois Jeulin, Citadel Securities' Hong Kong-based head of index arbitrage.Get Morning Coffee ☕ in your inbox. Sign up here.Bloomberg reported the exits of both Jeulin and Sam Zoghaib, quant research lead for index arbitrage from Citadel Securities last month, but didn't say where they were headed. It's not clear whether Zoghaib is going to Qube too. Qube declined to comment.
Arbitrage Fund Steal The March Over Debt Funds In 2023, Shows Data
2024-01-02T09:51:07.914100-05:00https://www.thetrustedinsight.com/investment-news/arbitrage-fund-steal-the-march-over-debt-funds-in-2023-shows-data-20240102782/
However, in 2023, arbitrage funds have outperformed almost all debt funds, except for the high risk debt offering, credit risk funds. Only floater funds have matched arbitrage funds in returns.
Market Volatility: What Are Arbitrage Funds & How Do They Work? Nemish Sheth Of Bandhan Amc Explains - The Economic Times
2023-08-29T07:51:07.404141-04:00https://www.thetrustedinsight.com/investment-news/market-volatility-what-are-arbitrage-funds-how-do-they-work-nemish-sheth-of-bandhan-amc-explains-the-economic-times-20230829803/
"Arbitrage funds are equity-oriented hybrid funds where the fund manager buys a security in the cash market and sells it in the future or derivative market at a premium, known as spreads. Bandhan AMC's arbitrage fund has seen positive momentum and outperformed its peers in the last three to six months. The fund has around 65-75% exposure in equity, with the remainder in debt and money market instruments."
Crypto Hedge Fund Polychain Prepares To Sell Rook Token On Uniswap, Snubbing Lucrative Arbitrage Trade
2023-05-11T18:21:06.989432-04:00https://www.thetrustedinsight.com/investment-news/crypto-hedge-fund-polychain-prepares-to-sell-rook-token-on-uniswap-snubbing-lucrative-arbitrage-trade-20230511517/
Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade.
Twitter Arbitrage Bet Could Pay Off Big For Pentwater Capital
2022-10-05T11:21:07.808988-04:00https://www.thetrustedinsight.com/investment-news/twitter-arbitrage-bet-could-pay-off-big-for-pentwater-capital-20221005644/
A Florida-based hedge fund made Twitter one of its top holdings in the second quarter, when the stock was trading well below Elon Musk's offer price.
Famed Short Seller Jim Chanos Spots An Arbitrage Opportunity With Amc's New ‘ape’ Preferred Stock
2022-08-25T10:51:12.220234-04:00https://www.thetrustedinsight.com/investment-news/famed-short-seller-jim-chanos-spots-an-arbitrage-opportunity-with-amcs-new-ape-preferred-stock-20220825699/
While AMC Entertainment Inc’s decision to roll out a preferred share class may have been targeted towards meme-stock retail investors, one traditional Wall Street manager is now taking advantage of the arbitrage trade opportunity. On Tuesday, famed short seller and hedge fund manager Jim Chanos revealed he has implemented an arbitrage trade on AMC Entertainment when speaking on CNBC’s “Fast Money Halftime Report.” He explained that he bought shares of the new APE preferred share class while shorting AMC common stock. Chanos was short shares of AMC last year.
Uk Crypto Hedge Fund Weathers Market Storm With Arbitrage Strategy
2022-05-27T16:01:26.540724-04:00https://www.thetrustedinsight.com/investment-news/uk-crypto-hedge-fund-weathers-market-storm-with-arbitrage-strategy-20220527709/
Nickel Digital Asset Management’s arbitrage fund is only down about 0.6% this year, compared to bitcoin’s drop of roughly 40% and the Nasdaq’s dip of 24%.
Fixed Income Hedge Funds Lead Gains In September As Interest Rates Rise - Hfri Relative Value Arbitrage Leads Performance In Volatile Month - Energy, Commodity Funds Surge As Bonds, Equities Fall
2021-10-08T07:06:44.714176-04:00https://www.thetrustedinsight.com/investment-news/fixed-income-hedge-funds-lead-gains-in-september-as-interest-rates-rise-hfri-relative-value-arbitrage-leads-performance-in-volatile-month-energy-commodity-funds-surge-as-bonds-equities-fall-20211008946/
Hedge funds gained in September, navigating a volatile month paced by sharp declines in global equities and fixed income, as inflationary pressures continued to mount. The HFRI Fund Weighted Composite Index® (FWC) advanced +0.13 percent in September, topping declines in equities by over 500 basis points, while the investable HFRI 500 Fund Weighted Composite Index gained +0.24 percent, according to data released today by HFR®, the established global leader in the indexation, analysis and research of the global hedge fund industry.
Why Arbitrage Funds Aren’t Substitutes For Liquid Schemes
2021-09-02T07:06:12.091673-04:00https://www.thetrustedinsight.com/investment-news/why-arbitrage-funds-arent-substitutes-for-liquid-schemes-20210902499/
The appeal of arbitrage funds stems from the reasonably stable returns and their taxation as equity funds. :
Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas Arbitrage funds are receiving substantial inflows of late, which is good from an overall perspective, as it suggests a growing market. However, one needs to have the right understanding and expectation while getting into this category of funds.
Crypto Arbitrage Hedge Fund Argentium Adds To Advisory Board
2021-07-27T07:26:32.436044-04:00https://www.thetrustedinsight.com/investment-news/crypto-arbitrage-hedge-fund-argentium-adds-to-advisory-board-20210727230/
Crypto arbitrage hedge fund Argentium adds to Advisory Board
Submitted
27/07/2021 - 9:51am
Crypto arbitrage hedge fund Argentium has added Philippe G Damas to its advisory board. Damas is currently the Executive Chairman of TMB Thanachart Bank, Bangkok and also Chair of the Nomination, Remuneration & Compliance Committee, having served on their Board since December 2007. He previously held the positions of CEO of ING Retail Banking Asia and CEO ING Private Banking Worldwide, based out of Singapore. Prior to that, he was CEO of ING Barings in London and the Vice Chairman of ING Investment Management in Amsterdam.
Crypto Arbitrage Hedge Fund Argentium Appoints Head Of Trading
2021-07-16T12:21:06.929196-04:00https://www.thetrustedinsight.com/investment-news/crypto-arbitrage-hedge-fund-argentium-appoints-head-of-trading-20210716574/
Crypto arbitrage hedge fund Argentium appoints Head of Trading
Submitted
16/07/2021 - 2:47pm
Sophia Chelli Herman has joined Argentium as a Principal and Head of Trading. Herman has more than 25 years’ experience in financial markets. She started her career at BNP in Paris, working in the research and development team on options modeling and trading management software for the Fixed Income desk. She then moved to London where she worked for NatWest, Bankers Trust and then JPMorgan on the Fixed Income swaps desk. In 2000, she transferred to JPMorgan Tokyo where she was responsible for the exotic equity derivatives trading team.
Crypto Hedge Fund Argentium Unveils Systematic Multi-strategy Arbitrage Fund
2021-05-06T12:51:07.600645-04:00https://www.thetrustedinsight.com/investment-news/crypto-hedge-fund-argentium-unveils-systematic-multi-strategy-arbitrage-fund-20210506921/
Crypto hedge fund Argentium unveils systematic multi-strategy arbitrage fund
Submitted
06/05/2021 - 5:05pm
Argentium Digital Asset Management, a London-based cryptocurrency hedge fund founded by ex-JP Morgan and Credit Suisse manager Paul Frost-Smith, has unveiled a new Cayman-based fund which will formally launch next month. The Argentium Chimera Fund is systematic multi-strategy arbitrage fund which combines three investment strategies borrowed from foreign exchange investing and adapted to tackle cryptocurrencies’ higher volatility and lower liquidity.
Crypto Arbitrage Hedge Fund Firm Tyr Capital Launches Long-only Fund
2021-04-12T14:01:07.580689-04:00https://www.thetrustedinsight.com/investment-news/crypto-arbitrage-hedge-fund-firm-tyr-capital-launches-long-only-fund-20210412246/
Crypto arbitrage hedge fund firm Tyr Capital launches long-only fund
Submitted
12/04/2021 - 3:39pm
Tyr Capital Partners, the team behind crypto arbitrage hedge fund, Tyr Capital Arbitrage SP, is setting up an actively managed long-only fund to launch next year, following increasing demand from investors. Read the full story at Institutional Asset Manager…
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Launches & Fundraising.
Cryptocurrency Hedge Fund Bkcoin Capital’s Evolving Arbitrage Strategy Soars Amid Bitcoin Surge
2021-03-05T06:21:07.431370-05:00https://www.thetrustedinsight.com/investment-news/cryptocurrency-hedge-fund-bkcoin-capitals-evolving-arbitrage-strategy-soars-amid-bitcoin-surge-20210305665/
Cryptocurrency hedge fund BKCoin Capital’s evolving arbitrage strategy soars amid bitcoin surge
Submitted
By Hugh Leask | 04/03/2021 - 6:09pm
Since launching in late 2018, BKCoin Capital, a New York-based digital asset-focused hedge fund firm, has built an impressive track record with its market neutral, arbitrage-based approach to cryptocurrency trading. Established by founding principals Carlos Betancourt and Kevin Kang, the BKCoin Digital Asset Fund aims to capitalise on price inefficiency and volatility within cryptocurrencies using an algorithm-based trading model that fuses elements of statistical arbitrage and multi-strategy long/short investing.
Bitcoin’s Inefficiencies Are Creating Arbitrage Trades For Crypto Hedge Funds - Crypto Bollyinside
2021-01-19T08:51:07.574491-05:00https://www.thetrustedinsight.com/investment-news/bitcoins-inefficiencies-are-creating-arbitrage-trades-for-crypto-hedge-funds-crypto-bollyinside-20210119441/
As much more hedge money pile into cryptocurrencies, current market inefficiencies and selling price dispersion are bringing clean arbitrage prospects for supervisors. Bitcoin’s sustained rally above the previous yr saw the cryptocurrency roar to a file higher of more than USD41,000 in early 2021, with quite a few investors ever more applying it as a hedge in opposition to slipping genuine yields and inflation hazards stemming from central lender quantitative easing.
Bitcoin’s Inefficiencies Are Creating Arbitrage Trades For Crypto Hedge Funds
2021-01-19T06:21:09.153220-05:00https://www.thetrustedinsight.com/investment-news/bitcoins-inefficiencies-are-creating-arbitrage-trades-for-crypto-hedge-funds-20210119434/
Bitcoin’s inefficiencies are creating arbitrage trades for crypto hedge funds
Submitted
By Hugh Leask | 19/01/2021 - 9:15am
As more hedge funds pile into cryptocurrencies, market inefficiencies and price dispersion are bringing fresh arbitrage opportunities for managers. Bitcoin’s sustained rally over the past year saw the cryptocurrency roar to a record high of more than USD41,000 in early 2021, with many investors increasingly using it as a hedge against falling real yields and inflation risks stemming from central bank quantitative easing.
Glafka Capital Launches Starboard Digital Strategies, An Institutional Grade Crypto Arbitrage Hedge Fund, Available In A Few Clicks On Its Valk Digital Platform
2021-01-14T08:51:07.388768-05:00https://www.thetrustedinsight.com/investment-news/glafka-capital-launches-starboard-digital-strategies-an-institutional-grade-crypto-arbitrage-hedge-fund-available-in-a-few-clicks-on-its-valk-digital-platform-20210114219/
Glafka Capital, the first FCA-authorised alternative investments fund manager to create and manage a digital currency arbitrage fund, will be hosting it on a VALK Corda powered platform offering unprecedented investor onboarding experience. Glafka’s Starboard Digital Strategies investors will benefit from a fully institutional grade hedge fund, with a strategy that taps on the opportunities generated by the extreme volatility in digital currencies and transforms them to uniquely high market neutral returns with low standard deviation.
Glafka Capital Launches Crypto Arbitrage Hedge Fund
2021-01-14T08:21:07.117852-05:00https://www.thetrustedinsight.com/investment-news/glafka-capital-launches-crypto-arbitrage-hedge-fund-20210114217/
Glafka Capital launches crypto arbitrage hedge fund
Submitted
14/01/2021 - 10:58am
Glafka Capital, an FCA-authorised alternative investments fund manager, has launched a digital currency arbitrage hedge fund which will be hosted on a VALK Corda powered platform. Investors in Glafka’s Starboard Digital Strategies will benefit from a fully institutional grade hedge fund, with a strategy that 'taps on the opportunities generated by the extreme volatility in digital currencies and transforms them to uniquely high market neutral returns with low standard deviation'. The fund draws on the expertise of Glafka’s Digital Assets Group, ranging from derivatives trading, blockchain development, risk management and regulatory compliance.
Accelerate's Hedge And Arbitrage Etfs Added To Rbc Dominion Securities A+ Platform
2020-10-27T11:21:09.465196-04:00https://www.thetrustedinsight.com/investment-news/accelerates-hedge-and-arbitrage-etfs-added-to-rbc-dominion-securities-a-platform-20201027985/
Accelerate's hedge fund and arbitrage ETFs added to RBC Dominion Securities A+ Platform
Submitted
27/10/2020 - 10:00am
Accelerate Financial Technologies' (Accelerate) suite of institutional-calibre alternative ETFs, inclduing the Accelerate Absolute Return Hedge Fund (HDGE) and Accelerate Arbitrage Fund (ARB), have been added to the RBC Dominion Securities A+ platform. Read the full story at ETF Express…
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Funds
ETFs.
Edhec-risk Alternative Indexes: Hedge Fund Strategies Consolidate Their Performances In A Context Of Market Recovery
2020-10-06T07:21:06.796643-04:00https://www.thetrustedinsight.com/investment-news/edhec-risk-alternative-indexes-hedge-fund-strategies-consolidate-their-performances-in-a-context-of-market-recovery-20201006786/
Click here to download the latest performance update of the EDHEC-Risk Alternative Indexes. In August, as in July, the stock market experienced a month of strong performance. The S&P 500 registered a 7.19% profit, not only erasing all its losses since the beginning of the year, but also registering a 9.74% profit over this period. Market implied volatility increased to 26.46%, a value higher than its long-term average (around 20%), but below its year-to-date average level (around 32%).
Doordash and Pizza Arbitrage
2020-05-19T11:34:02.672212-04:00https://www.thetrustedinsight.com/investment-news/doordash-and-pizza-arbitrage-20200519823/
Editor’s Note: As this post has gotten a bit of attention, we wanted to add in the name of my friend’s restaurants. They’re fighting the good fight right now, so if you happen to be in the Kansas area, please support AJ’s NY Pizzeria (it’s NY-style pizza based in Kansas, and while I’m biased, it’s good).
Nickel Launches Fca-regulated Crypto Arbitrage Fund
2019-09-09T17:51:05.916660-04:00https://www.thetrustedinsight.com/investment-news/nickel-launches-fca-regulated-crypto-arbitrage-fund-20190909528/
Dubbed ‘Nickel Arbitrage Fund,’ the new vehicle has raised $50 million under the stamp of approval from UK regulators. :
London-based hedge fund manager Nickel Asset Management has officially launched an actively managed crypto investment fund that is geared towards experienced investors who are looking to capitalize from volatility in the cryptocurrency markets. Dubbed ‘Nickel Arbitrage Fund,’ the new vehicle has raised $50 million and became one of the few investment funds focused on cryptocurrencies to win the stamp of approval from UK regulators.
Citadel Adds Quant Research Head For Convertible Arbitrage Team
2019-08-20T10:21:06.749491-04:00https://www.thetrustedinsight.com/investment-news/citadel-adds-quant-research-head-for-convertible-arbitrage-team-20190820006/
Hedge fund giant Citadel has hired a former managing director at BlackRock to head up quantitative research for its convertible arbitrage team. Dr. Johnny Kang started earlier this month as an MD in New York. Kang spent the last four years working on BlackRock’s systematic fixed income team as the global head of research and innovation. He’d previously spent two stints at hedge fund rival AQR Capital Management, working across both equities and credit. Kang filled the gap by earning his PhD in business economics and his M.S. in applied mathematics from Harvard University.
A Majority Of Alternative Fund Managers Predict A Rise In Regulatory Arbitrage Between Eu Member States
2019-05-29T11:06:07.709912-04:00https://www.thetrustedinsight.com/investment-news/a-majority-of-alternative-fund-managers-predict-a-rise-in-regulatory-arbitrage-between-eu-member-states-20190529795/
Over two-thirds (67%) of alternative investment fund managers believe the prospect of regulatory arbitrage between European Union member states seeking to attract business is likely to grow over the next two years, according to a new study. Intertrust interviewed over 100 alternative investment fund managers in private equity, real estate, hedge and infrastructure based in Europe, North America, the Middle East and Asia about the benefits and challenges generated by AIFMD since its introduction in 2011.
Carlson Capital’s Black Diamond Arbitrage Still Leads The Way – Valuewalk Premium
2019-04-10T18:51:05.164450-04:00https://www.thetrustedinsight.com/investment-news/carlson-capitals-black-diamond-arbitrage-still-leads-the-way-valuewalk-premium-20190410807/
After two solid months, March was a bit of a hiccup for at least one hedge fund. All but one of Carlson Capital's hedge funds was down for the month of March, although the declines were small enough that the funds still ended the first quarter in the green for the quarter. Carlson's strategies generally have a history of pretty solid performance, although fund management called 2018 a "frustrating" year due to losing or lackluster performance . . . Michelle Jones was a television news producer for eight years.
Carlson’s Black Diamond Arbitrage Doubles Peer Group Return After Strong Q4 – Valuewalk Premium
2019-01-17T12:31:05.571740-05:00https://www.thetrustedinsight.com/investment-news/carlsons-black-diamond-arbitrage-doubles-peer-group-return-after-strong-q4-valuewalk-premium-20190117907/
As ValueWalk first covered a week ago, a year after the firm reported some of the worst losses in its history, Carlson Capital rebounded in 2018. The group's flagship hedge fund strategy, the Double Black Diamond fund, returned 2.6% net of all . . . Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger
Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham.
Devere Group Targets Arbitrage With New Crypto Fund
2018-11-02T07:01:09.428631-04:00https://www.thetrustedinsight.com/investment-news/devere-group-targets-arbitrage-with-new-crypto-fund-20181102066/
U.K.-based financial advisory firm deVere Group has launched an actively managed fund offering investors exposure to cryptocurrencies. :
U.K.-based financial advisory firm deVere Group, which says it has over $10 billion under advice and management, has launched an actively managed cryptocurrency fund. Announced in a press release Thursday, the new investment offering, called deVere Digital Asset Funds, is being launched in partnership with Dubai-based hedge fund manager Dalma Capital Management. The fund will provide investors with a diversified exposure to digital currencies, but aims to reduce the volatility "for which the market is known," deVere states.
Carmot Capital - Best Statistical Arbitrage Hedge Fund | Hedgeweek
2018-10-16T11:51:04.926170-04:00https://www.thetrustedinsight.com/investment-news/carmot-capital-best-statistical-arbitrage-hedge-fund-hedgeweek-20181016426/
Carmot Capital designed an investment strategy that delivers top returns during times of market stress. Founded by George Sokoloff, PhD, CFA and Gerd Infanger, PhD in Silicon Valley in 2013, Carmot applies its experience and artificial intelligence models to manage a market neutral statistical arbitrage fund that profits from surprisingly predictable chaos.
Macro Managers Are Scratching Their Heads, Says Lyxor
2018-06-04T18:21:32.253034-04:00https://www.thetrustedinsight.com/investment-news/macro-managers-are-scratching-their-heads-says-lyxor-20180604826/
Hedge funds were overall flat this week, emphasising their appealing profile in the current environment, according to the latest weekly brief from Lyxor’s Cross Asset Research team.
Alt Data Enables Crypto Arbitrage
2018-05-14T18:21:05.710183-04:00https://www.thetrustedinsight.com/investment-news/alt-data-enables-crypto-arbitrage-20180514907/
Swiss hedge fund Cryptonomics Capital has spent the past 15 months backtesting its data-driven cryptocurrency trading strategy, which it has seasoned with a healthy dose of alternative data. “The cryptocurrency market is still new enough so that you can apply methodologies and topics that do not work in the traditional financial markets since you’ll need much lower latency and much more power,” Tom Debus, a founder and managing partner at Cryptonomics, told Markets Media. Although the global crypto market remains highly unregulated, the fund follows the standard regulatory policies of Switzerland and Lichtenstein, according to Debus.
How To Invest Like A Hedge Fund
2018-02-07T06:16:06.803075-05:00https://www.thetrustedinsight.com/investment-news/how-to-invest-like-a-hedge-fund-20180207803/
Hedge funds earn big returns for investors. Find out how they do it and whether you can, too. :
Ever wonder how hedge fund managers think and how they are sometimes able to generate explosive returns for their investors? You aren't alone. For years, hedge funds have retained a certain level of mystery about them and the way they operate; and for years, public companies and retail investors have tried to figure out the methods behind their (sometimes) apparent madness. It's impossible to uncover and understand each and every hedge fund's strategy—after all, there are literally thousands of them out there.
The Alibaba Arbitrage That Hedge Funds Pray For
2018-01-27T06:06:06.491772-05:00https://www.thetrustedinsight.com/investment-news/the-alibaba-arbitrage-that-hedge-funds-pray-for-20180127907/
Dual listings by tech giants present a windfall opportunity for certain stock exchanges and international hedge funds. Chinese technology companies traded in the U.S. could have secondary listings on the Hong Kong stock exchange as early as the second half of this year, according to trading experts. Dual listings by the Alibaba Group, Baidu, and others present a windfall opportunity for the Hong Kong Exchange and Clearing Co. (HKEX) as well as hedge funds, which could arbitrage valuation differences between the U.S. and Hong Kong markets.
Firm Eyes $13m For Crypto Arbitrage Fund, Companies & Markets News & Top Stories - The Straits Times
2018-01-19T17:51:05.413265-05:00https://www.thetrustedinsight.com/investment-news/firm-eyes-13m-for-crypto-arbitrage-fund-companies-markets-news-top-stories-the-straits-times-20180119222/
January 20, 2018 5:00 AMAs bitcoin continues its wild ride, a Singapore hedge fund unit is raising US$10 million (S$13.2 million) for a cryptocurrency arbitrage fund to trade off price movements.
Hage On Absolute Convertible Arbitrage Fund Arbix
2017-12-06T15:21:07.164562-05:00https://www.thetrustedinsight.com/investment-news/hage-on-absolute-convertible-arbitrage-fund-arbix-yNxZWYMgGvmcQza5Gyqyed-20171206867/
As an Absolute Advisers sub-adviser, Mohican’s strategy, which in the past was restricted to hedge fund investors, is available in a mutual fund.
Hage On Absolute Convertible Arbitrage Fund Arbix
2017-12-06T12:51:06.549578-05:00https://www.thetrustedinsight.com/investment-news/hage-on-absolute-convertible-arbitrage-fund-arbix-20171206846/
As an Absolute Advisers sub-adviser, Mohican’s strategy, which in the past was restricted to hedge fund investors, is available in a mutual fund.
PSAM Adds TIG's McVeigh To Senior Investment Team
2017-06-21T12:11:04.354267-04:00https://www.thetrustedinsight.com/investment-news/psam-adds-tigs-mcveigh-to-senior-investment-team-20170621497/
Close on the heels of announcing a partnership with Tages Capital for management of one of Tages’ UCITS-compliant long/short credit funds, P. Schoenfeld Asset Management (PSAM) has named former TIG Advisors executive John McVeigh as a deputy portfolio manager of U.S. merger arbitrage. McVeigh brings more than 12 years of investment experience in merger-related situations to PSAM, the company said in a statement. He was most recently a managing director at $1.5 billion global event-driven hedge fund TIG Advisors focused on M&A, corporate restructurings and merger related special situations. Beforehand, he was associate director of risk arbitrage at Bear Stearns...
A Risk Worth Taking To Cut CalPERS' Pension Liabilities
2017-06-13T12:31:58.045686-04:00https://www.thetrustedinsight.com/investment-news/a-risk-worth-taking-to-cut-calpers-pension-liabilities-20170613294/
One of the major challenges facing the California Public Employees Retirement System, which handles retirement benefits for the state and more than 3,000 local agencies, is that its $324-billion pens...
Hedge Fund Performance Disparate In May, Says Lyxor
2017-06-07T11:26:04.886190-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-performance-disparate-in-may-says-lyxor-20170607158/
Hedge fund performance has been disparate across strategies in May, with event driven funds extending their winning streak (+0.7 per cent), fuelled by Merger Arbitrage which tends to perform well when bond yields fall, according to Lyxor.
Hedge Fund Returns Climbing In 2017
2017-04-11T17:21:06.204787-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-returns-climbing-in-2017-20170411462/
Equity Hedge and Relative Value Arbitrage led the way in Q1.
How DIY Funds Are Becoming Algorithmic Traders
2017-04-03T16:50:08.827445-04:00https://www.thetrustedinsight.com/investment-news/how-diy-funds-are-becoming-algorithmic-traders-20170403117/
Quantitive analysts traditionally trade at a desk in a city's financial district. But a new generation of quants is turning the $300bn industry on its head with home-grown algorithms...
Platinum Fraud Charges Shine Light On Cayman Director Responsibilities
2017-03-31T11:54:58.395912-04:00https://www.thetrustedinsight.com/investment-news/platinum-fraud-charges-shine-light-on-cayman-director-responsibilities-20170331056/
NEW YORK (Thomson Reuters Regulatory Intelligence) - Investment-fund boards of directors have a critical responsibility to be an "independent watchdog" on behalf of investors. For most U.S. retail in...
Once Golden, Robert Rubin's Hedge Fund Proteges Lose Some Luster
2017-03-28T15:56:44.377254-04:00https://www.thetrustedinsight.com/investment-news/once-golden-robert-rubins-hedge-fund-proteges-lose-some-luster-20170328924/
Learning to invest on Goldman Sachs' (<span id="symbol_GS.N_0">GS.N</span>) risk arbitrage desk, made famous by leader Robert Rubin, was once seen as a fast track to fortune. But the band of hedge fund protégés who mastered their trade under the former Wall Street star and U.S. Treasury Secretary have stumbled in recent years.
Convertible Arbitrage – Back From The Dead?
2017-03-16T16:56:04.793820-04:00https://www.thetrustedinsight.com/investment-news/convertible-arbitrage-back-from-the-dead-20170316559/
Convertible arbitrage strategies have been an unloved category of the hedge fund landscape since they underperformed during the financial crisis. Over a three-year period to February 2017, performance has been weak, with the HFRX RV: FI-Convertible Arbitrage index losing 1.4% on an annualised basis compared to a 1.7% loss for the HFRX Relative Value index and a 0.5% loss for the HFRX Global Hedge Fund index. Recent performance has been stronger, with the HFRX RV: FI-Convertible Arbitrage index returning 9.7% for the 12 months to February 2017. However, even with this uptick, we see an improving opportunity set, given a...
Fixed Income Arbitrage Outperforms In A Rising Rate Environment, Says Lyxor
2017-02-16T16:45:13.008915-05:00https://www.thetrustedinsight.com/investment-news/fixed-income-arbitrage-outperforms-in-a-rising-rate-environment-says-lyxor-20170216579/
Hedge fund performance is flat year to date, with Global Macro and CTAs down, while Fixed Income Arbitrage and Event Driven have outperformed, according to Lyxorâs latest Hedge Fund Brief. read more
HFR: Asian Hedge Fund Capital Steady As Funds Outperform Benchmarks
2017-02-16T15:55:07.690165-05:00https://www.thetrustedinsight.com/investment-news/hfr-asian-hedge-fund-capital-steady-as-funds-outperform-benchmarks-20170216566/
Asian hedge funds led the charge in both the fourth quarter of last year and 2016 as a whole, according to the latest edition of Hedge Fund Research’sAsian Hedge Fund Industry Report, outperforming regional equity markets on strength in event-driven, relative value arbitrage and macro strategies.read more
Asian Hedge Funds Top Equity Markets In Q4 And FY2016
2017-02-15T11:20:11.058538-05:00https://www.thetrustedinsight.com/investment-news/asian-hedge-funds-top-equity-markets-in-q4-and-fy2016-20170215478/
Strong gains across Event-Driven, Relative Value Arbitrage and Macro strategies saw Asian hedge funds top the performance of volatile Asian equity markets in both Q4 and FY 2016, according to HFRâs latest Hedge Fund Industry Report. read more
Citadel Pays SEC $22.6M To Settle Charges Of Misleading Customers
2017-01-17T17:17:21.966313-05:00https://www.thetrustedinsight.com/investment-news/citadel-pays-sec-226m-to-settle-charges-of-misleading-customers-20170117479/
Citadel Securities, the market-making arm of billionaire hedge-fund manager Ken Griffin, has agreed to pay $22.6 million to settle charges that it misled customers about the way it priced trades, the...
Sam Altman's Notes for the New Year
2017-01-05T10:00:13.568926-05:00https://www.thetrustedinsight.com/investment-news/sam-altmans-notes-for-the-new-year-20170105125/
As a kid, I just sort of took for granted that stuff got better every year—TVs got bigger and then thinner, cars got a little faster, and computers got unbelievably better on an exponential curve.
The 26 Most Innovative Venture Capital Firms
2016-12-01T09:50:08.647111-05:00https://www.thetrustedinsight.com/investment-news/the-26-most-innovative-venture-capital-firms-20161201896/
Every new VC firm that launches touts to be a “new breed of venture capital firm”, but the reality is that most of the time it’s just a straight up old-school VC model.
Lyxor: Hedge Fund Index Up As New Market Regime Takes Shape Post-Election | FINalternatives
2016-11-29T17:40:12.609705-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-fund-index-up-as-new-market-regime-takes-shape-post-election-finalternatives-20161129841/
Hedge funds enjoyed broad-based returns last week as equity, bond and currency assets remained largely in their respective lanes as financial markets continue adapting to Donald Trump’s election win, according to the latest edition of Lxyor Asset Management’s Weekly Brief. The Lyxor Hedge Fund Index gained 0.7% for the week through November 22, with all sub-strategies except one ending the period on a positive note. Event Driven led the pack, gaining 0.9% and supported by positive returns in both Merger Arbitrage and Special Situations segments, while Global Macro and L/S Equity gained ground, up 0.8% and 0.7% respectively. Fixed Income...
Hedge Fund Pine River Manager O'Connell Leaves For Paloma Partners
2016-10-31T16:40:06.331966-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-pine-river-manager-oconnell-leaves-for-paloma-partners-20161031552/
Michael O'Connell, who ran Pine River's capital structure arbitrage strategy, which seeks to profit off different valuations between a company's debt and equity, took with him a team that included Jo...
HFRU Composite Up Slightly At Mid-Month On Equity, Relative Value Arbitrage Strategies | FINalternatives
2016-10-21T19:50:09.357546-04:00https://www.thetrustedinsight.com/investment-news/hfru-composite-up-slightly-at-mid-month-on-equity-relative-value-arbitrage-strategies-finalternatives-20161021052/
The HFRU Hedge Fund Composite Index, which measures UCITS-compliant hedge funds, is up 0.14% so far in October, according to a mid-month update by Hedge Fund Research. The data, which is through October 19, reflects the rise in bond yields and mixed global equity markets early in the month. Accordingly, the index’s four sub-measures are a mixed mag at October’s halfway mark, with two in the green and two in the red. The company’s HFRU Relative Value Arbitrage Index is up +0.32% through mid-October as gains from volatility, global credit and sovereign strategies were partially offset by declines in European...
Busy Summer For Merger Arbitrage, Says Lyxor
2016-09-13T15:55:06.627207-04:00https://www.thetrustedinsight.com/investment-news/busy-summer-for-merger-arbitrage-says-lyxor-20160913075/
The Lyxor Hedge Fund Index was up 0.14 per cent in August, with seven out of 10 Lyxor indices ending the month in positive territory. read more
Hedge Funds Performance Shows Dispersion In August And For The Year - Mark Rzepczynski - Harvest
2016-09-06T18:20:10.977309-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-performance-shows-dispersion-in-august-and-for-the-year-mark-rzepczynski-harvest-20160906718/
<div>2016 is a year that is turning out to be a winner for relative value hedge funds focused on distressed and event driven strategies. These two along with special situations, equity market direction, and convertible arbitrage also proved to be the August winners. The losers for the month were fundamental growth and systematic CTA's. Both these strategies need movement in economic or firm-specific fundamentals which just did not occur for the month. Relative to the flat equity and fixed income markets, August performance for hedge funds was at best fair. </div>
Using Chinese Money, a Hedge-Fund Startup Bets Big In Treasuries
2016-08-23T16:01:28.054714-04:00https://www.thetrustedinsight.com/investment-news/using-chinese-money-a-hedge-fund-startup-bets-big-in-treasuries-20160823122/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Hedge Fund Manager Profited From Death Arbitrage
2016-08-16T16:30:12.687071-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-manager-profited-from-death-arbitrage-20160816789/
A vital function of the financial system is to shift risk, but that is mostly a euphemism. Finance can't make risks go away, or even really move them all that much. When the financial system shifts the risk of X happening from Y to Z, all that means is that Z gives Y money if X happens. If X was going to happen to Y, it's still going to happen to Y. But now Y gets money. Death...
Platinum Partners Hedge Fund Investigation Reportedly Widens
2016-07-27T11:58:53.348938-04:00https://www.thetrustedinsight.com/investment-news/platinum-partners-hedge-fund-investigation-reportedly-widens-20160727611/
The New York-based hedge fund has begun liquidating its funds, after the firm's longtime associate Murray Huberfeld was accused last month of arranging for a $60,000 kickback to be delivered -- in a ...
Wolf Popper LLP Announces Investigation Of Fraud Claims On Behalf Of Investors In Platinum
2016-07-27T11:35:06.701917-04:00https://www.thetrustedinsight.com/investment-news/wolf-popper-llp-announces-investigation-of-fraud-claims-on-behalf-of-investors-in-platinum-20160727597/
NEW YORK, July 26, 2016 /PRNewswire/ -- Wolf Popper LLP is investigating potential fraud claims on behalf of investors in Platinum Partners, L.P.'s investment funds, resulting from an ongoing federal investigation into whether the hedge fund, Platinum Partners has misstated values of some of its holdings, including its flagship fund, Value Arbitrage Fund. Platinum investors can contact Fei-Lu Qian at 877.370.7703 or fqian@wolfpopper.com for more information. On June 8, 2016, it was reported by various news outlets that a day earlier, Platinum founder and manager, Murray Huberfeld was charged for bribing a union leader with $60,000 in cash to secure a...
Here’s How Hedge Funds Performed During Brexit Turmoil
2016-06-28T15:10:07.928017-04:00https://www.thetrustedinsight.com/investment-news/heres-how-hedge-funds-performed-during-brexit-turmoil-20160628201/
The HFRX Absolute Return Hedge Fund Index posted a decline of -0.18 percent on Friday, while the HFRX Equal Weighted Index declined -0.76 percent, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRX Global Hedge Fund Index posted a decline of -1.06 percent on Friday, with gains in CTA strategies offset by declines in Equity Hedge strategies; Macro and Relative Value Arbitrage strategies experienced mixed performance on Friday. Lynx Asset Management, which uses mathematical models to decide which securities to buy and sell, posted...
IQ Merger Arbitrage Index Leads Four Of Six IndexIQ IQ Hedge Indices Higher In May
2016-06-24T15:15:09.013879-04:00https://www.thetrustedinsight.com/investment-news/iq-merger-arbitrage-index-leads-four-of-six-indexiq-iq-hedge-indices-higher-in-may-20160624042/
IndexIQ has announced the performance of its family of six IQ Hedge Indexes with four positive, led by a 1.31 percent return for the IQ Merger Arbitrage Index. read more
Platinum To Shut Main Hedge Fund After Kickback Scandal
2016-06-14T17:51:31.413447-04:00https://www.thetrustedinsight.com/investment-news/platinum-to-shut-main-hedge-fund-after-kickback-scandal-20160614526/
U.S. hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union.
Harvard Endowment Turns To Another PIMCO Veteran
2016-05-31T10:59:08.313149-04:00https://www.thetrustedinsight.com/investment-news/harvard-endowment-turns-to-another-pimco-veteran-20160531504/
The new temporary leader at Harvard University’s endowment will bring a familiar background to the role -- experience in building the Pacific Investment Management Co....
Two Sigma Co-Founder `Very Worried' Machines Will Take Jobs
2016-05-03T17:48:55.217318-04:00https://www.thetrustedinsight.com/investment-news/two-sigma-co-founder-very-worried-machines-will-take-jobs-20160503725/
David Siegel, co-founder of $35 billion quantitative hedge fund Two Sigma, says he’s “very worried” that machines could soon cost large swaths of the global workforce their jobs.
Hedge Fund Investors Have Fallen in Love With Merger Arb (Again)
2016-04-28T16:28:45.348143-04:00https://www.thetrustedinsight.com/investment-news/hedge-fund-investors-have-fallen-in-love-with-merger-arb-again-20160428415/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
A Top Hedge Fund Manager That's Too Hot For Some To Handle
2016-04-14T15:36:48.240585-04:00https://www.thetrustedinsight.com/investment-news/a-top-hedge-fund-manager-thats-too-hot-for-some-to-handle-20160414919/
Starting around 2010, hedge fund manager Platinum Partners lent the reseller of electricity and natural gas tens of millions of dollars, and then took at least a 20 percent equity stake in the fast-g...
It Was A Brutal Week For Some Of The World's Biggest Hedge Funds
2016-04-13T11:10:57.293260-04:00https://www.thetrustedinsight.com/investment-news/it-was-a-brutal-week-for-some-of-the-worlds-biggest-hedge-funds-20160413862/
When the announcement of new rules to crack down on tax “inversion” deals put question marks around the now-terminated $160 billion Pfizer ( PFE ) takeover, Allergan shares plunged 15% from $277 to $...
Jacob Wohl Hedge Fund Guru Switches Strategies
2016-03-29T16:18:45.674034-04:00https://www.thetrustedinsight.com/investment-news/jacob-wohl-hedge-fund-guru-switches-strategies-20160329401/
Wohl has moved from his parents “Inland Empire” suburban house in the far west suburbs of Los Angeles to the Hollywood Hills and has added former “Desperate Housewives” actress and derivatives trader Rachel Fox to his line-up. Along with this upgrade, Wohl has taken to an entirely different strategy than the value investing methodology: managed futures. Wohl and his newly minted Nex Capital Management, officially registered with the National Futures Association as a CTA just this past February 19, said the firm is now engaged in a volatility arbitrage strategy that he says uses a superior pricing method to that of...
Hedge Funds Winning In M&A Arbitrage As Banks Cut Prop Desks
2016-03-05T09:30:18.524073-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-winning-in-ma-arbitrage-as-banks-cut-prop-desks-20160305982/
Hedge funds betting on the success or failure of mergers and acquisitions are taking advantage of a record volume of deals and a lack of competition from banks to score the best returns among peers looking to profit from corporate actions. Banks have shrunk or shuttered trading desks under pressure from regulators to take fewer risks, and some event-driven funds have closed. That helped merger-arbitrage money pools return 3.4 percent in...
The Intriguing Math That Turns Manhattan Properties Into Shekels
2016-02-28T12:00:19.103464-05:00https://www.thetrustedinsight.com/investment-news/the-intriguing-math-that-turns-manhattan-properties-into-shekels-20160228646/
Strawberry Fields, a real estate investment trust whose facilities cater to Alzheimer’s sufferers in the Midwest, is the latest of at least 14 U.S. property companies that have borrowed a combined 8.1 billion shekels ($2.07 billion) in the Israeli market since 2008, securing interest rates they could only dream of at home.
Barclay Hedge Fund Index Down 2.83 Per Cent In January As Hedge Funds Suffer Worst Start In Eight Years
2016-02-28T10:30:17.469016-05:00https://www.thetrustedinsight.com/investment-news/barclay-hedge-fund-index-down-283-per-cent-in-january-as-hedge-funds-suffer-worst-start-in-eight-years-20160228640/
Hedge funds lost 2.83 per cent in January according to the Barclay Hedge Fund Index compiled by BarclayHedge – the worst start to a new year in eight years since the Index dropped 3.26 per cent in January 2008. read more
AII Barometer: Hedge Funds’ Remarkable Resilience In Turmoil
2016-02-20T15:00:19.314701-05:00https://www.thetrustedinsight.com/investment-news/aii-barometer-hedge-funds-remarkable-resilience-in-turmoil-20160220293/
The Lyxor Hedge Fund Index was down -0.9% in January. 5 out of 11 Lyxor Indices ended the month in positive territory.
Threats To Hedge Fund Managers’ ‘Secret Sauce’
2016-02-20T14:00:11.591679-05:00https://www.thetrustedinsight.com/investment-news/threats-to-hedge-fund-managers-secret-sauce-20160220288/
Hedge fund managers are arguably the celebrity chefs of the money management industry. They are best able to whip up returns that make investors drool. But financial engineers are unpicking their secret sauce and finding new ways to sell it by the bottle. The biggest trend in the money management industry is the shift towards passive investment. About $3tn is now in index-tracking and exchange traded funds that only seek to replicate the returns of a broad market, such as the S&P 500, the Barclays Aggregate bond index or the FTSE 100. The basic return of a market...
Ford Pension Plans Cut Equity And Event For Macro And Multi-Strat
2016-02-18T18:30:19.057589-05:00https://www.thetrustedinsight.com/investment-news/ford-pension-plans-cut-equity-and-event-for-macro-and-multi-strat-20160218210/
By Simon Kerr, Publisher of Hedge Fund Insight The investment strategy allocation of portfolios of hedge funds is a function of the target return and drawdown tolerance of the end investor over a multi-year period. The pension plans of the Ford Motor Company are part way through a five-year de-risking process – the U.S. […]
Hedge Funds ‘can Expect Growth Spurt’
2016-02-18T17:30:18.497815-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-can-expect-growth-spurt-20160218206/
The often controversial hedge fund industry, mainly on the back of greater retirement fund investment, grew by R5.1 billion last year, ending the year with assets under management of R62.1 billion. This is a mere fraction of the almost R2 trillion that the collective investment industry has under management. Robert Foster, convenor of the Association for Savings & Investment SA (Asisa) hedge funds standing committee, says the hedge fund industry has enjoyed a steady growth in assets in recent years since retirement funds were allowed to invest a portion of their assets in hedge funds in 2011. And Foster says...
ADT Corporation, Groupon Inc, Two Big Short Squeezes
2016-02-17T17:38:05.301890-05:00https://www.thetrustedinsight.com/investment-news/adt-corporation-groupon-inc-two-big-short-squeezes-20160217131/
<span style="line-height: 18.9091px;">ADT Corporation’s stock rose yesterday following the announcement that private equity firm Apollo Global would be acquiring the company for $42 a share in cash, an enormous premium over the company’s previous close. ADT had one of the highest short interests heading into </span><span style="line-height: 18.9091px;">Tuesday</span><span style="line-height: 18.9091px;"> with Bloomberg estimating that 21% of the public float was sold short and therefore the news resulted in one of the most painful short squeezes we’ve seen in a while. With a deal on the table and a definitive agreement signed, this is a situation where the shorts have lost – to remain short ADT without a hedge or arbitrage position would be quite brave (and likely idiotic) especially given the fact that the stock closed 5.6% below the offer price.</span>
Och-Ziff Posts First-Ever Quarterly Loss; Stock Price Plummets
2016-02-14T18:00:19.509864-05:00https://www.thetrustedinsight.com/investment-news/och-ziff-posts-first-ever-quarterly-loss-stock-price-plummets-20160214056/
Hedge fund manager Och-Ziff Capital Management reported its first-ever quarterly loss on Thursday as asset outflows put severe pressure on fee and incentive income, pushing its share price to a record low. Total revenue fell by 50% to $342.8 million as incentive income collapsed 84% to $69.2 million and management fees fell 11% to $148.6 million. Assets under management fell 4.2% in the quarter from a year earlier and totaled roughly $43.7 billion as of Feb. 1. The New York-based company lost $36.1 million, or 7 cents a share, in the fourth-quarter, compared with profit of $255.4 million, or 50...
Hedge Funds Demonstrate Remarkable Resilience In Turmoil
2016-02-14T17:30:11.336450-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-demonstrate-remarkable-resilience-in-turmoil-20160214053/
The Lyxor Hedge Fund Index was down 0.9 per cent in January, despite positive performance from five out of the 11 Lyxor Indices, according to Lyxor’s latest Alternative Investment Industry Barometer. The Lyxor CTA Long Term Index (+2.2 per cent), the Lyxor Global Macro Index (+0.7 per cent), and the Lyxor Fixed Income Arbitrage Index (+0.7 per cent) were the month’s best performers.
Illiquid Assets Are All The Rage For Hedge Funds
2016-02-14T16:00:20.040078-05:00https://www.thetrustedinsight.com/investment-news/illiquid-assets-are-all-the-rage-for-hedge-funds-20160214048/
And this week, Bloomberg has reported that at least one hedge fund has started up with the intention of buying Illiquid Asset stakes in hedge funds that have suspended redemptions, according to people with knowledge of the plans. Andrew Lawrence, chief executive officer of Rosebrook Capital Partners, is behind the plan to start a fund buying illiquid stakes in other hedge funds. According to Bloomberg, Andrew Lawrence is seeking to raise $250 million to $500 million for his new fund. The logic behind the new fund is simple, Lawrence is looking to buy interests from existing investors in funds that have limited redemptions....
Quant Macro Hedge Funds Surge In January As Equities And Oil Extend Declines
2016-02-11T17:00:19.588923-05:00https://www.thetrustedinsight.com/investment-news/quant-macro-hedge-funds-surge-in-january-as-equities-and-oil-extend-declines-20160211914/
Hedge funds posted mixed performance to begin 2016 as global financial markets plunged, driven by steep declines in oil and concerns regarding the global impact of the slowing Chinese economy, resulting in the worst start to a year for hedge funds since 2008. The broad-based HFRI Fund Weighted Composite Index posted a decline of -1.7 per cent for January, bringing the Index Value to 12073.48, while the HFRI Asset Weighted Composite Index fell -1.2 per cent, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total...
Hedge Funds: Efficiency Or Waste?
2016-02-04T14:30:20.384979-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-efficiency-or-waste-20160204507/
Negative sentiment against hedge funds is overblown providing investors can identify the right managers using a robust approach, according to Chris Redmond
Liquid Alts Mostly Underperformed Hedge Funds In December
2016-01-29T10:00:20.706943-05:00https://www.thetrustedinsight.com/investment-news/liquid-alts-mostly-underperformed-hedge-funds-in-december-20160129175/
Liquid alternatives underperformed their hedge-fund counterparts in December, at least according to the Wilshire Liquid Alternative Index, which returned -1.95% for the month and trailed the HFRX Global Hedge Fund Index by 62 basis points. Liquid alts also fell short of the long-only S&P 500’s returns, which came in at -1.58% in the final month of 2015. The Wilshire Liquid Alternative Index is intended to provide a “representative baseline” for the broad liquid alternative investment category. The index is also broken down into individual styles: Of the five, liquid alts in the relative value category had the best performance in...
Putting The Hedge Back In Hedge Funds
2016-01-27T13:30:20.315975-05:00https://www.thetrustedinsight.com/investment-news/putting-the-hedge-back-in-hedge-funds-20160127074/
Despite being the financial boogeyman, kicked around by politicians and vilified on television, hedge funds are a smart way to protect hard-won investment gains as well as garner a certain amount of liquidity during periods of market stress. Like now. But the term “hedge funds” is broad. For instance, this past week Bank of America announced that hedge funds just bought a record amount of equities during the market plunge, yet the next day the Wall Street Journal reported that many hedge-fund managers have stepped aside and are “stockpiling cash.” So which is it? Probably both, after all, “hedge funds”...
Hedge Fund Assets Up To USD2.90tn In Q4 Despite Performance Declines
2016-01-22T10:30:10.942238-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-assets-up-to-usd290tn-in-q4-despite-performance-declines-20160122905/
Total global hedge fund capital rose to USD2.90 trillion in Q4, as financial market volatility, driven by concerns about slowing Chinese growth and energy market weakness, accelerated into year-end, according to the latest HFR Global Hedge Fund Industry Report. Hedge fund capital increased by over USD22.8 billion on the previous quarter with the performance asset gain offsetting a small investor net capital outflow of USD1.52 billion in Q415, the first quarterly net outflow since Q411.
Barclay Hedge Fund Index Down 0.64 Per Cent In December
2016-01-20T11:00:14.344130-05:00https://www.thetrustedinsight.com/investment-news/barclay-hedge-fund-index-down-064-per-cent-in-december-20160120801/
Hedge funds lost 0.64 per cent in December according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index was up 0.29 per cent at the end of 2015, its smallest yearly gain since 2011 when it declined 5.48 per cent. The Index was unable to outperform the S&P 500 Total Return Index, which gained 1.38 per cent last year.
Hedge Funds Suffer Worst Year Since 2011
2016-01-13T10:48:09.840865-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-suffer-worst-year-since-2011-20160113486/
Last year was a bad one for hedge funds as they suffered their worst returns since 2011.
HFR: Energy, Quant Strategies Lead Index To Fourth Annual Decline Since 1990
2016-01-12T09:30:13.630061-05:00https://www.thetrustedinsight.com/investment-news/hfr-energy-quant-strategies-lead-index-to-fourth-annual-decline-since-1990-20160112399/
Hedge funds concluded a volatile, turbulent year in financial markets with declines in December, according to new data from industry benchmark provider Hedge Fund Research. Oscillating between positive and negative performance throughout the year, the HFRI Fund Weighted Composite Index fell -0.85% in December and ended the year down 0.85%. This was only the fourth calendar year decline in hedge fund performance since 1990, according to HFR. Despite the decline, an estimated 55% of all hedge funds posted gains for 2015. Equity Hedge strategies outperformed U.S. equities in December, with steep losses in energy-focused strategies partially offset by gains in...
Soros Names Burdick Investment Chief as Bessent Starts Own Firm
2016-01-05T11:00:24.713080-05:00https://www.thetrustedinsight.com/investment-news/soros-names-burdick-investment-chief-as-bessent-starts-own-firm-20160105012/
The $30 billion family office for George Soros named Ted Burdick to be its chief investment officer, succeeding Scott Bessent, who started his own macro fund this month....
U.S. Venture Capital Acquires Appetite For European Biotech
2015-12-29T16:29:53.899432-05:00https://www.thetrustedinsight.com/investment-news/us-venture-capital-acquires-appetite-for-european-biotech-20151229896/
U.S. venture-capital firms are increasingly looking to invest in European biotechnology companies, regaining momentum that was shaken after the global recession.
Lyxor: Hedge Funds Should Outperform Traditional Assets In Tightening Environment
2015-12-23T16:00:19.983698-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-funds-should-outperform-traditional-assets-in-tightening-environment-20151223697/
Hedge funds were relatively resilient in an otherwise risk-off environment last week leading up to the Fed’s long-awaited first interest rate hike, according to Lyxor Asset Management’s most recent Weekly Brief. The Lyxor Hedge Fund Index dipped 0.5% in the period between December 8 and December 15, 2015, giving up nearly all of the gains in the prior week. Event Driven managers outperformed, gaining 0.2% and the sole positive member of Lyxor’s substrategies. Within the group, both Merger Arbitrage and Special Situations funds ending flat or slightly positive. Long/Short equity funds, meanwhile, also navigated the turmoil relatively well, as strategies...
Technology-focused Primes Look To Improve ROA
2015-12-18T15:00:18.003835-05:00https://www.thetrustedinsight.com/investment-news/technology-focused-primes-look-to-improve-roa-20151218375/
There's no question that regulation is causing prime brokers to reassess, and, where necessary, evolve their business model. Much is made of the fact that prime brokers are ruthlessly culling hedge funds, banishing them to hinterland. Hedge funds that aren't generating revenues for their primes have become the vampires of high finance, sucking the lifeblood out of banks' balance sheets.
Weekly Brief: Unstable Markets And Hedge Fund Outperformance
2015-12-16T12:30:28.598618-05:00https://www.thetrustedinsight.com/investment-news/weekly-brief-unstable-markets-and-hedge-fund-outperformance-20151216192/
During a period in which most asset classes sold off ferociously and fixed income provided no downside protection, the Lyxor Hedge Fund Index was down only 0.8 per cent. This highlights the resilience of this asset class to wide market movements.
Low Gas Prices Squeeze Industry and Fell a C.E.O.
2015-12-15T12:35:45.533806-05:00https://www.thetrustedinsight.com/investment-news/low-gas-prices-squeeze-industry-and-fell-a-ceo-20151215083/
The future of the global natural gas markets was at the heart of Charif Souki’s dismissal as chief executive of Cheniere Energy in one of the industry’s latest shake-ups.
Alternative beta strategies can enhance HF allocations
2015-12-10T13:19:30.230921-05:00https://www.thetrustedinsight.com/investment-news/alternative-beta-strategies-can-enhance-hf-allocations-20151210835/
Over the last few years the FTSE 100 has gained 26 per cent, while the S&P 500 Index has gained approximately 65 per cent. The impact of quantitative easing has led to unparalleled growth in equity markets, to such an extent that hedge funds have largely lagged behind. This "raw" underperformance, in risk-adjusted terms, has led investors to question why they are invested in hedge funds.
Hedge Funds Up 2.58%, Resume Recovery In Q4 With 0.88% Gains
2015-12-09T12:30:16.622950-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-up-258-resume-recovery-in-q4-with-088-gains-20151209769/
November was dominated by the theme of a US rate hike later in the year, along with the ECB’s dovish stance regarding further easing in the Eurozone. The latter has been to some extent realised earlier during this month when the ECB decided to cut deposit rates even further, adding to their menu an ever expansive array of negative yielding bonds on offer from countries otherwise plagued with anaemic growth. It would be interesting to see how this easy credit and the simultaneous calls for reforms aka austerity will lead the Eurozone onto firmer grounds. Meanwhile markets struggled with soft...
Lyxor: Hedge Funds Maintaining Defensive Stance
2015-12-09T11:30:21.965686-05:00https://www.thetrustedinsight.com/investment-news/lyxor-hedge-funds-maintaining-defensive-stance-20151209756/
Hedge funds moved higher last week as established trends in foreign exchange, equities, commodities and fixed income largely continued intact, according to Lyxor Asset Management’s most recent Weekly Brief. The Lyxor Hedge Fund Index gained 0.6% in the period between November 24 and December 1, 2015, which encompassed the U.S. Thanksgiving holiday but does not include the ECB’s monetary policy announcement on December 3rd, which caused significant trend reversals. Long term CTAs outperformed, rising 1.5%, while Event-driven recovered from recent weakness to gain 0.7%. L/S Equity and Global Macro rose 0.4% and 0.6%, respectively. L/S Credit and Fixed Income Arbitrage...
Macro, CTA gains lead HFRI in November
2015-12-09T11:00:18.431277-05:00https://www.thetrustedinsight.com/investment-news/macro-cta-gains-lead-hfri-in-november-20151209747/
Hedge funds extended the prior month’s gains in November, driven by strong Macro & CTA performance, according to data released today by HFR. read more
Hedge Fund Woes Can't Diminish Banner Year for Long-Short Trades
2015-12-03T11:32:11.019139-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-woes-cant-diminish-banner-year-for-long-short-trades-20151203495/
Long-short hedge funds, which place bullish and bearish wagers on individual stocks, are on track to top the Standard & Poor’s 500 Index for the first time since the 2008 financial crisis, according to an index by Credit Suisse Group AG.
Most hedge funds flat or slightly up in October
2015-11-25T13:30:13.797285-05:00https://www.thetrustedinsight.com/investment-news/most-hedge-funds-flat-or-slightly-up-in-october-20151125141/
In the first two weeks of October there was a sharp decline in momentum that hurt many of systematic hedge funds, but the trend largely reversed in the last two weeks and most funds finished flat or slightly up for the month. That’s according to Deutsche Bank's Global Prime Finance Monthly Hedge Fund Trends report for November 2015, which says the firm expects further market volatility driven by weak macro conditions, uncertainty around the Fed rate hike, and continued regulatory scrutiny on M&A activity. All strategies significantly underperformed both the S&P 500 (+8.3 per cent) and the MSCI World Index...
BofAML: Hedge Funds Sell NASDAQ 100, Continue Unwinding S&P 500 Shorts
2015-11-25T13:00:16.659983-05:00https://www.thetrustedinsight.com/investment-news/bofaml-hedge-funds-sell-nasdaq-100-continue-unwinding-sp-500-shorts-20151125134/
Hedge funds sold NASDAQ 100 contracts for the first time in Q4/15 after buying in consecutive months to accumulate the most contracts since September 2012, according to the latest issue of Bank of America Merrill Lynch’s Hedge Fund Monitor. Moreover, they have continued to unwind short positions in the S&P 500, slashing short contracts by 63% from the October 6 high. BofAML’s Investable Hedge Fund Composite index was down 0.25% for the week through November 18, but remains up 0.83% QTD and down 2.24% YTD. CTAs led the charge in the period, up 1.92%, while Convertible Arb lagged the most,...
Time for Hedge Funds 2.0, Says Report
2015-11-20T11:30:14.069712-05:00https://www.thetrustedinsight.com/investment-news/time-for-hedge-funds-20-says-report-20151120822/
Investors should not view hedge funds as a stand-alone allocation, according to AIMA and the CAIA Association. Hedge funds should no longer be treated as a separate asset class as this can mask their diversification benefits, according to a new report from two trade bodies. The report from the Alternative Investment Management Association (AIMA) and