Sun, Sep 23, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Opalesque Roundup: Some big name hedge funds report profits in 2018 after losing out in 2017: hedge fund news, week 08

Monday, March 05, 2018

In the week ending 02 March, 2018, some hedge funds did something right posting gains during the market's recent meltdown: Caxton Associates, Graham Capital and Tudor Investment were up during the turbulent start to 2018 after having reported losses in 2017. Man Group also reported a strong performance with an asset increase of 35% and pretax profit of $272m compared with a loss of $272m in 2016; John Paulson's hedge fund listed holdings fell 8% during its Q4. Other reports said that computer-driven, trend-following hedge funds are heading for their worst month in nearly 17 years.

Baupost Group, Elliott Management and D.E. Shaw benefited from Comcast's move for Sky PLC; a number of hedge funds have bounced back from losses last year; Silver Time Partners is thriving from the latest market rout; hedge funds were caught out by a big short in Provident Financial; the return for average equity hedge fund is 2% year-to-date.

Greenlight Capital Offshore fell by 6.2% in February extending its 2018 decline to more than 12%; Third Point's Offshore Fund gained 0.7% so far in 2018; and Traders who owned options on ProShares Short VIX Short-Term Futures ETF and ProShares Ultra VIX Short-Term Futures ETF have lost at least $100 million in premiums.

Systematic Investment is launching as an independent joint venture between Credit Suisse AM and ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. The incredible shrinking hedge fund, For hedge fund stars, being right in 2008 proved to be a curse[more]

    The incredible shrinking hedge fund From Bloomberg: You'd be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn't so rosy.

  2. Investing: Fiat Chrysler attracts more investment from hedge fund manager[more]

    From Autonews: Chase Coleman's Tiger Global Management has invested more than $1 billion in Fiat Chrysler Automobiles after more than doubling its position in the automaker since the end of June. The U.S. fund becomes the fourth biggest investor in the Italian American company. Tiger Global inc

  3. SWF: Saudi Arabia's sovereign wealth fund raises $11bn loan with 15 banks[more]

    From Reuters: Saudi Arabia's sovereign wealth has raised an $11 billion loan from a total of 15 banks, the Maaal financial news website reported on Tuesday, citing unnamed sources. A source with direct knowledge of the matter told Reuters last month that the Public Investment Fund (PIF) will p

  4. Hedge fund billionaire spells out America's worst nightmare, Sir Michael Hintze: Response to global financial crisis elevated populism[more]

    Hedge fund billionaire spells out America's worst nightmare From SMH: Billionaire hedge fund manager Ray Dalio effectively spelled out what doomsday looks like for the US on live television. The founder of Bridgewater Associates predicted the US economy is about two years from a downtur

  5. Lehman's carcass has handed huge profits to distressed funds[more]

    From Bloomberg: It was a bold move: buy at Lehman Brothers's darkest hour. But a decade after Lehman's collapse, a handful of hedge funds that bought up the bank's debt for pennies on the dollar have made even more money than seemed possible. More than $124.6 billion has flowed to Lehman credi