Michael Burry Just Made A Brilliant Gold Arbitrage Trade In Phys (nysearca:phys)
Quarterly 13-F reports came out this week, requiring institutional investors with more than $100 million in assets to disclose their holdings as of the end of Q1. 13-F reports offer a window into the portfolios of investing legends like Warren Buffett, Bill Ackman and Michael Burry (of The Big Short fame). I'm fascinated with these because the only time valuations were higher than now for large-cap US stocks was the late 1990s tech bubble. Buffett sold some Apple (AAPL) and bought Chubb (CB), Ackman bought nothing, and Burry disclosed that his biggest purchase was a physical gold fund (NYSEARCA:PHYS).
Citadel Securities' Global Head Of Index Arbitrage Also Joining Quant Hedge Fund Qube
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
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
"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
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
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
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
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
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
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.