Hedge fund bear Odey eyes 15 pct gains from post-Brexit ructions... [more]From Reuters.com: British hedge fund manager Crispin Odey said on Friday he could make gains in his flagship fund of around 15 percent from recent lows after a British vote to leave the European Union caused widespread market ructions.
Odey, who manages around $10.2 billion, said he had been a
Tudor launches fund focused on event-driven strategies... [more]From institutionalinvestorsalpha.com: Paul Tudor Jones II’s Tudor Investment Corp. has launched a new hedge fund — Tudor Riverbend Crossing Partners.
The fund will specialize in event-driven strategies. However, it will not be an activist fund. Rather, it will concentrate on corporate catalyst
Liquid alts provide downside protection, but at a cost... [more]From CNBC.com: Ever since the crisis of 2008–2009, financial advisors and their clients have looked for ways to shield portfolios from potentially devastating portfolio losses. Many set their sights on liquid alternatives funds, an emerging investing category that's sold as both mutual funds and exc
Alternatives ripe for growth heading forward, says AIMA Canada COO... [more]From Wealthprofessional.ca: The world of alternative investments is changing and in Canada that flux should transform the entire investment industry in the years to come. James Burron is COO with Alternative Investment Management Association Canada and sees plenty of growth potential for hedge, futu
Forget a 'flash crash'; How about a 'flash squeeze' instead?... [more]From Thestreet.com: Can a "flash short squeeze" happen in this market? Potentially, that would be the exact opposite of a flash crash. Levered ETFs and quantitative hedge funds likely have magnified assets under management with leverage. The quants, things like tracking daily price action, technical
Legal - Hedge fund-backed firm sues Merrill over disappointing trades... [more]From Bloomberg.com: A high-frequency trading firm set up by two hedge funds sued Merrill Lynch because a tax-arbitrage strategy linked to French stocks didn’t turn out to be as profitable as expected. Lycalopex (Dubai) Ltd., a joint venture established by Vulpes Investment Management and Tudor Inves
Commodities - Hedge funds uncertain of further oil price increase... [more]From Oilprice.com: The oil rally is facing considerable resistance at the $50 per barrel levels, and hedge funds have closed 63 million barrels of long positions—a reduction of 10 percent—in the week ending 14 June. They have also gradually started to pile on short positions. In the week ending 14 J
…And Finally - Snails use just two brain cells to make decisions... [more]From Sky.com: Scientists have discovered that snails solve complex decisions using just two brain cells, in a discovery that could help engineers develop energy efficient robots.
By attaching electrodes to the brain circuitry of freshwater snails that were on the hunt for food, researchers lea