Sihan Shu leaves Paulson to launch own hedge fund... [more]Komfie Manalo, Opalesque Asia: Sihan Shu, who was instrumental for John Paulson’s famous bet against the U.S. housing market prior to the 2008 global financial crisis that earned Paulson & Co. nearly $15bn in profits in 2007 and billions of dollars more a year later, has left the firm to start hi
Barclay CTA Index gains 0.37% in July on global equity rally... [more]Komfie Manalo, Opalesque Asia: Managed futures traders gained 0.37% in July, according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 2.12% year-to-date.
"July’s global equity rally proved to be the major source of profits for many CTA portfolios," said Sol Waksman, founde
Ex-SAC hedge fund manager bucks trend with launch... [more]From FT.com: A former SAC fund manager has bucked the global trend with a new hedge fund launch, even as increasing investor preference for managers with strong track records crimps demand for fledgling funds. David Fiszel’s Honeycomb Asset Management started managing institutional money last month,
Managers turn to deconstructing alpha and beta... [more]From PIOnline.com: At the request of their institutional clients, hedge funds-of-funds managers are researching ways to combine beta-isolating risk factors and alpha-producing hedge funds to offer cheaper, higher-return, more diversified strategies.
Hedge fund managers have used risk factors t
North America - Trump not getting the big bucks from hedge funds... [more]From CNBC.com: Lofty predictions for sizable hedge fund industry support for the Donald Trump presidential campaign have fallen short, as public filings indicated a relatively modest showing from that group for July. Filings made with the Federal Election Commission suggest that the Trump effort too
Asia - LGT Capital Partners: Alternatives set for continued rise in Asia... [more]From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners.
Despite the numerous quantitative easing programs and bailouts of recent years, the quest for
People - Private Equity lawyer John Pollack joins Gibson Dunn... [more]Gibson, Dunn & Crutcher LLP is pleased to announce that John M. Pollack, former Co-Chair of Schulte Roth & Zabel LLP’s M&A and Securities Group, will join the firm as a partner in New York. At Gibson Dunn, Pollack will continue his focus on mergers and acquisitions and private equity transactions.