Hedge Fund News

Sohn Conference Stars are the “Little Guys”

April 23, 2018 James Heinsman Hedge Fund News

Another year has passed since the last annual Sohn Investment Conference, the highly anticipated event in which managers big and small present their investment ideas for the coming year. Once again, the most successful investment ideas come from the more modest sources, while the higher profile investors’ ideas are not as profitable. According to a […]

More

David Einhorn, Ira Sohn Stock Game, Josh Resnick, Larry Robbins, Sohn Investment Conference,

Longtime Hedge Fund Pennant Cap Management Closing

April 2, 2018 James Heinsman Hedge Fund News

Alan Fournier’s 17-year-old Pennant Capital Management, with a $1.5 billion AUM is closing shop. The fund has been struggling since the 2008 financial crisis. “While I take great pride in our long-term returns, especially in light of our consistent low risk portfolio structure, our recent returns have been disappointing,” Fournier told investors. “I have been […]

More

Alan Fournier, David Tepper, Pennant Capital Management,

February a Bad Month for Quants

March 26, 2018 James Heinsman Hedge Fund News

This past February marked the worst performance month for quantitative hedge funds in 17 years. These hedge funds, which rely on following trends and computer-based analysis were fooled by the steady upward movement of stocks ending in a sudden downturn, one of the fastest market corrections in history. “Commodity trading advisors” (CTAs) or managed futures […]

More

Commodity trading advisors, CTA, Marlin Naidoo, Sushil Wadhawani,

Paulson Hedge Fund Circling the Wagons

March 18, 2018 James Heinsman Hedge Fund News

The vast empire of funds under management by John Paulson’s management firm is continuing to dwindle in size with layoffs and redemptions. Paulson’s company, once one of the largest in the sector, announced it will be returning money to investors in some of the firm’s funds including the Credit Opportunities fund. People with money in […]

More

John Paulson, layoffs, Steinway,

Citadel’s Aptigon Lays Off 34% of Staff

March 12, 2018 James Heinsman Hedge Fund News

One of the world’s largest hedge funds, Citadel, has shrunk the size of its stock-picking division, Aptigon. The company fired 49 people between the end of February and early March from its two-year old unit, a loss of 34% of staff. Among the people who lost their jobs were portfolio managers, analysts, associates and others. […]

More

Aptigon, Citadel,

Einhorn’s Greenlight Hits Red Light in February

March 4, 2018 James Heinsman Hedge Fund News

Performing more poorly than the S&P 500 Index loss of 3.7 percent in February, David Einhorn’s main fund, Greenlight Capital, lost 6.2 percent during the same period for a total downturn of 12.3 percent for 2018. Einhorn explained that his hedge fund was going through its worst performance in its history after losing 6.6 percent in […]

More

Amazon, Brighthouse Financial, David Einhorn, General Motors, Greenlight Capital,

Apple Snubbed by Hedge Funds

February 26, 2018 James Heinsman Hedge Fund News

According to an assessment of hedge fund holdings compiled by Goldman Sachs, Apple Inc, is the only “big five” tech company that is not also a “top five” stock holding among hedge fund investors. The five most-owned companies by hedge funds are Time-Warner, Amazon, Facebook, Alphabet and Microsoft. The publication lists the 50 stocks that […]

More

Activision Blizzard, Alphabet, Amazon, Apple Inc., Facebook,

Hedge Funds Lower Fees to Lure Investors

February 19, 2018 James Heinsman Hedge Fund News

Since the financial downturn of 2007-2008 hedge funds have been under increasing pressure to keep their clients. In 2016 disgruntled investors pulled $70 billion out of hedge funds in response to poor past performance exacerbated by immodest fees. The average management fee paid for a hedge fund investment fell to 1.56 percent in 2017 and […]

More

fees,

History in the Making: Donald Sussman & David Shaw

February 19, 2018 James Heinsman Company Spotlight

It’s always fascinating to get a peek into the early days of the hedge fund industry and of the people who have helped to shape it. Certainly, Donald Sussman and David Shaw are shapers of the industry and the story of where their two worlds collided is one worth retelling. In a recent article in […]

More

D.E. Shaw, David Shaw, Donald Sussman, hedgefunds, Paloma Partners,

New Appointments at George G. Hicks’ Värde Partners, Inc.

February 15, 2018 James Heinsman Hedge Fund News

Värde Partners, Inc., is a $13 billion global alternative investment firm which George G. Hicks co-founded in 1993.   As well as being a co-founder of the firm, Hicks also today holds the roles of: CEO co-CIO and Partner. In recent news, the company at which George G. Hicks is at the helm, announced a new partnership […]

More

George G. Hicks, Värde Partners,

« Previous Posts