Sat, Aug 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing Weekly

Hedge fund gurus show bear stance during Sohn conference, SALT conference: hedge fund news, week 19

Saturday, May 11, 2013

Hedge fund industry leaders gathered in Las Vegas for Skybridge’s SALT conference this week, during which Ingrid Pierce of Walkers law firm talked to Opalesque about hedge fund launch trends; hedge fund manager Josh Birnbaum said he believes in a housing recovery, and that the macro trade today is not as good as it was.

Stanley Druckenmiller said the supply and demand situation in commodities is deadly and recommended shorting "commodity currencies" during the Sohn conference in New York, BusinessInsider reported; many of the investment gurus speaking at the conference warned of tougher times ahead; energy stocks came up as top ideas several times; and David Einhorn advised his fellow investors to “do your own homework” (it was reported elsewhere that Einhorn’s Greenlight Capital had increased its exposure in Apple, and had closed its longstanding “short” position in bond insurer MBIA ).

In the week ending May 10, 2013, ex ResCap head Thomas Marano was said to be mulling the launch of a mortgage hedge fund or REIT; Peak6 Investments LP's asset management unit raised $1bn for a new hedge fund; Italian multi-manager specialist Kairos Partners is set to launch two Alternative UCITS strategies focusing on global bonds and inflation; and ex-Soros manager Dai Jixin plans to start a new hedge fund in Hong Kong.

Cantab Capital Partners, the systematic global macro manager, announced that it is closing its CC......................

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. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner