Long Trumps Short or the Trump and Dump? The Trump Trades Set Up for 2017... [more]Matthias Knab, Opalesque: Peter Lupoff, Portfolio Manager of Tiburon Capital Management writes on Harvest Exchange:
Coming into the new year, I historically write what we call the "Tiburon Panorama" –a look at what would appear to us to be ways to make money long and short in the new year, a
GAMMA launches two alternative investment funds investing into Iceland... [more]GAMMA Capital Management in London has launched two Irish domiciled funds focusing on investments into Iceland. The funds are designed to take advantage of the current favorable economic environment in Iceland, high economic growth, high interest rate differential between Iceland and other countries
MVIS North America Long/Short Equity Index up 0.52% in November (+1.48% YTD)... [more]MV Index Solutions (MVIS) announced the November performance of its six investable Long/Short Equity Indices. Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
Texas County & District sets $2bn for 2017 private investments... [more]From PIOnline.com: Texas County & District Retirement System, Austin, will commit as much as $2 billion to private investment asset classes in 2017. Trustees approved an investment pacing plan for the coming year that maintains the same overall allocations as the previous year during a board meeting
Comment - Is your fund manager a quant or a monkey with a dart?... [more]From Dealbreaker.com: …There are a small number of managers that do have true skill in the Carhart model – they can generate returns that outperform the Four Factor model (and its contemporary cousin Smart Beta) through skill, specialized knowledge (e.g. political intelligence), or specialized resou
North America - Hedge funds get $12bn early Christmas present... [more]From HITC.com: Hedgies invested in Fannie Mae and Freddie Mac unwrapped an early $12bn Christmas present from President-elect Donald Trump on Wednesday. The New York Post reports that’s how much value was added to the mortgage giants’ shares after Trump’s Treasury secretary designee, Steven Mnuchin
Asia - Shenzhen-Hong Kong Stock Connect finally launches next Monday... [more]From KLGateshub.com: On 25 November 2016, the Securities and Futures Commission of Hong Kong and the China Securities Regulatory Commission announced that the Shenzhen-Hong Kong Stock Connect would formally commence trading on 5 December 2016. This follows their grant of the approval in principle o
Commodities - Hedge funds become copper bulls... [more]From Tradingfloor.com: …Data from the U.S. Commodity Futures Trading Commission's weekly Commitment of Traders report up to November 22 show so-called managed money investors have taken the net long to an all-time high of 76,346 lots, or the equivalent of just over 1.9 billion pounds.
Activist News - Activist fund has tough sell to get Rockwell to rethink deal... [more]From NYTimes.com: Starboard Value is flying close to the sun. Starboard, the activist hedge fund run by Jeff Smith, wants aircraft-parts maker Rockwell Collins to consider ditching a $6.4 billion tie-up with B/E Aerospace. Grounding the merger has merit, but Carl Icahn and others have had mixed resu