Oil trader Andy Hall's Astenbeck hedge fund down five percent in October... [more]From Reuters.com: Renowned oil trader Andy Hall's hedge fund Astenbeck Capital Management had a 5 percent loss in October, after performing reasonably well the prior two months amid tumbling oil prices, according to a letter to investors from Hall.
Westport, Connecticut-based Astenbeck, which
Hedge fund exit requests rise to 11-month high in November... [more]SS&C GlobeOp announced that its Forward Redemption Indicator for November shows notifications of 5.05%. This figure is up from 3.12% in October. SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10% of the hedge fund industry. Below the announcement you will see some historic peak
Short Seller - Tiger Global used shell company to short sell Quindell... [more]From FT.com: A $15bn New York investment company has used anonymous offshore companies to profit from some of the largest short-selling attacks in Europe over the past three years, including the unravelling of the UK company Quindell. A Financial Times investigation can reveal that Tiger Global, whi
Asia - Shanghai-HK Stock Connect expands arbitrage room for hedge funds... [more]From Wantchinatimes.com: The launch of the Shanghai-Hong Kong Stock Connect on Nov. 17 has allowed for more space for the development of hedge funds, especially in broadened short-selling and absorbing rising overseas funds, but this will create certain pressure on the market as domestic hedge funds
…And Finally - 'Street Pong' passes the time at German crosswalk... [more]From UPI.com: An intersection in a northern German city has become the first to allow pedestrians to face off in a "Street Pong" video game while waiting for a walk signal.
The game, installed in a Hildesheim, Lower Saxony, intersection by University of Applied Sciences and Arts students Sandr