By Peter Hafez and Junqiang Xie of RavenPack Quantitative Research In this study we test a short-term FX trading strategy that uses the principles of technical analysis to create buy or sell signals based on data derived from fundamental news. Short and long term sentiment inflection points are captured by consulting a set of […] Read more »
Citadel’s Bumper Year Counts – It’s All Gravy Now
By Simon Kerr, Publisher Hedge Fund Insight Although Citadel Investment Group’s flagship funds, Wellington Fund and the Kensington Fund, will rightfully get attention for rising 25.9% and 24.9% respectively, the Chicago-based Groups’ investment success in 2012 was broad. All of the Citadel hedge funds were up by more than 10% in a year when the HFRI […] Read more »
Wow Factor In BlueMountain Appointment
By Simon Kerr, Publisher, Hedge Fund Insight It is not often that an appointment at a hedge fund management company takes the eye, never mind produces a “Wow!” reaction. I can recall two such appointments readily, for different reasons. They were when Greg Coffey was invited to become the first co-chief investment officer of Moore […] Read more »
Positive Prospects For Global Equities in 2013
By Virginie Maisonneuve, Head of Global and International Equities, Schroders Global equities are very attractively valued and we are positive for their prospects in 2013 as the global economy normalises. Progress in Europe, the end of China’s growth slowdown and continued momentum in the US economic recovery will support global equities. Longer-term investors must position […] Read more »
$250m AUM Needed by Hedge Funds to Break Even
(BUSINESS WIRE) It takes at least $250 million in assets for a hedge fund to be self-sustaining on its management fees alone, while the largest hedge fund firms incur significant additional costs due to complexity and size, according to the first global survey of the costs of establishing and managing a hedge fund business. The […] Read more »
Which Are The Best Service Sector Companies & Managements?
Each year the Broadwalk Services Awards recognise outstanding achievements by quoted companies and their management teams in the broadly defined business services sectors. The sponsors are Broadwalk Asset Management that manages the Broadwalk Select Services Fund, Europe’s first absolute return fund to focus on the services sectors (the fund has risen almost 90% since its […] Read more »
Will More Hedge Funds Move to Florida?
Hedge funds are packing up and heading south. Is this a continuing trend or a brief part of the financial sector’s ongoing evolution? Apex Fund Services — one of the world’s largest independent fund administration companies with more than $20 billion of assets under administration — recently opened a new office in Miami, Florida. Vincent […] Read more »
Currency Views From Newscape – CHF and Euro/$
By Philippe Bonnefoy, Chairman & CIO of Newscape Capital Group, and manager of the Newscape Dynamic Rates & Currency Fund The current trading outlook on the currency markets: On The Euro/USD: “When was the last time we saw an increase in a European growth forecast? The IMF keeps dropping its estimates and the Bundesbank […] Read more »
Santa Claus Rally Is Traditional Too
By Stephen Pope, Managing Partner of Spotlight Ideas Even if by “patch-work”, US will avoid the cliff. From 1981 to 2011, 75% of December trade has been higher in US equity indices. Do not bet against the evidence. Of all the equity markets in the developed world, the most closely followed are those of […] Read more »
Most Frequently Shorted UK Shares
By Simon Kerr The FSA has been gathering information on the short positions held by investors for some time – it has been part of the Hedge Fund Survey for several years. During the Credit Crunch a disclosure regime for significant net short positions in the stocks of UK financial sector companies was introduced, and […] Read more »