By Stephen Pope, Managing Partner Spotlight Ideas We publish, with client approval a series of questions that have been raised on several occasions in the past month. Hopefully our answers will prove helpful and maybe add to the take on the contemporary state of the financial markets and economy. This month we start with here […] Read more »
New Tactics Needed in European Equities According to HED Capital
By Richard Edwards, Managing Director of HED Capital This Swedish equity index compressed* yesterday: Ordinarily this would not be significant as Sweden is a minor market in Europe’s oversupplied continent. We think it is more important right here and now as many European markets have been range-trading recently after top extensions marked the end of […] Read more »
A Dilemma For Fortress As Hedge Funds Nudge Towards Full Profit Potential
By Hedge Fund Insight staff The hedge fund business of Fortress Investment Group is nudging toward full profit potential five years after the Credit Crunch. Fortress’ reporting puts the hedge funds that take credit risk into a separate bucket from the others, so the award winning Drawbridge Special Opportunities Funds comes under Credit Hedge Funds. The […] Read more »
Icahn’s Apple Campaign Winds Up A Notch On Board Financial Expertise
From Activist Insight Ten weeks have passed since Carl Icahn announced his investment in Apple on Twitter and certainly a lot has happened since. The initial ‘pop’ added $30 to the stock overnight, not the most dramatic movement in Apple’s share price this year, but certainly one of the better upward ones. To date, […] Read more »
Should Hedge Funds Embrace an AIFMD KIID?
From Mario Mantrisi, Chief Strategy and Research Officer at KNEIP The Alternative Investment Fund Management Directive (AIFMD) is just around the corner and hedge funds have been faced with adapting to regulation that is significantly changing the way they do business. Transparency reporting has been a particular hurdle to pass as hedge funds have […] Read more »
Hardline Regulatory Stance On Asset-Backed Softens
By Andrew Lennox, Lead Portfolio Manager at ECM Asset Management As we have discussed regularly in our weekly pieces, many of the current proposals for the regulatory treatment of securitisation, whether it be for banks or insurance companies, are still informed by the dark days of the credit crisis when Asset Backed Securities (ABS) was […] Read more »
Millennium’s Persistent Growth Makes it the Daddy of American Managers in London
By Hedge Fund Insight staff For many years Louis Bacon’s Moore Capital had the largest London operation of any American hedge fund, whether measured by assets under advisement or staff. That Bacon himself was often based in the English capital just reinforced the significance of the European footprint of the firm. But Moore Capital is […] Read more »
Energy Complex Suffers From Price Compression Leading To Breaks Down
By Richard Edwards, Managing Director of HED Capital Energy prices are moving down. We have seen a series of compressions, all of which have now broken down. The exception remains the compression in Rbob gasoline as it is at a weekly scale and so we cannot tell until Friday’s close whether it too has broken. […] Read more »
European Equity Hedge Funds with a Fundamental Bias in Demand
By Simon Kerr, Publisher of Hedge Fund Insight European equity hedge fund managers have done a very good job this year in both producing absolute returns, and, as importantly, holding on to them in down phases of the market. With the STOXX 600 up 11.86% in 2013, European long/short hedge fund managers are up 8.89% […] Read more »
Graphic of the Day on People Management in Hedge Funds from Citi
By Hedge Fund Insight staff Citi Prime Finance has commissioned research titled “Exploring the Concept and Characteristics of People Alpha” – the result of having surveyed 24 large and medium-sized hedge fund management groups on staffing processes and policies. Today’s Graphic of the Day reflects a suggestion that staff management will become the third leg […] Read more »