Currency hedge funds flat in May... [more]Komfie Manalo, Opalesque Asia: Pressures on the U.S. dollar and the Euro saw currency hedge funds remain flat in May.
Parker Global Strategies, LLC’s Parker FX Index reported a 0% return during the month (+3.11% YTD).
"The U.S. dollar saw a s
David Einhorn’s Greenlight slides 4.3% in June as stocks drop... [more]From Bloomberg.com: David Einhorn’s main hedge fund at Greenlight Capital fell 4.3 percent in June as stock markets around the world slumped. The loss reversed the fund’s 2015 gains, leaving it down 3 percent in the first half of the year, according to an e-mail sent to clients that was obtained by
Why institutional investors dominate the liquid alternative market... [more]From Thinkadvisor.com: There are a lot of good statistics collected to show investing trends among institutional investors, according to David Katz of Larch Lane Advisors, but putting a finger on where retail investors put their money can be more difficult.
“It’s very hard to get a very good i
Fund Profile - The tracker fund that has beaten every human fund manager... [more]From Telegraph.co.uk: Last week Telegraph Money disclosed that a simple “tracker” fund had outperformed many of Britain’s most successful fund managers, including Neil Woodford. It has now emerged that a simple, computer-run “passive” fund has also been the very best performer among technology funds
Australasia - Profiling Australia’s hedge funds... [more]From Macreobusiness.com.au: ASIC has published their report into the Australian Hedge Funds Industry. It draws from aggregated industry data and a survey to September 2014. Hedge funds comprise about 4% of managed funds in Australia, $95bn compared with $2,407bn. Superannuation funds accounted f
SWFs - Korea sovereign wealth fund plans to increase alternative assets... [more]From Bloomberg.com: South Korea’s $84.7 billion sovereign wealth fund plans to increase investments in real estate, private equity and infrastructure, according to its chairman. Korea Investment Corp. will raise its allocation for alternative investments to 15 percent by year-end from 8 percent curr
Activist News - Activist hedge fund Elliott builds stake in Alcatel-Lucent... [more]From Indiatimes.com: Activist investor Elliott has taken a position in Alcatel-Lucent in its 15.6bn sale to Nokia, Financial Times reported. The report said that the US hedge fund has built up a stake equivalent to about 1.3% of Alcatel's shares using equity swaps.
The move comes two months af
…And Finally - Least competent criminals... [more]From Newsoftheweird.com: Nashville, Tennessee, police arrested Mashara Mefford in June and charged her with breaking into one of their marked cruisers. She was discovered by an officer after she had locked herself inside and could not figure out how the locks worked.
Dene Temple and Stephen