Incisive Views from Professionals
By Simon Kerr and Hedge Fund Insight staff In 1994 the Cayman Islands Monetary Authority introduced a registration regime for mutual funds established on the islands. Most Cayman Islands Mutual Funds are engaged in hedge fund strategies, many are offshore versions of domestic (US) hedge funds (LLPs). As the concept of hedge fund strategies was adopted […] Read more »
Data source: The Activist Investing Annual Review 2018 produced by Activist Insight in association with Schulte Roth & Zabel (SRZ). Elliott Management tops “The Activist Top 10” for the third year in a row. Activist Insight selects the list based on the number of campaigns, average size of targets, news stories generated and annualized returns. “The Activist Top […] Read more »
By Hedge Fund Insight staff Daniel Loeb, Chief Executive Officer of Third Point LLC recently* discussed the performance of the investment portfolio of Third Point Reinsurance, in the course of which he shared some of his expectations for the remainder of 2016. Our investment portfolio (managed by Third Point LLC) produced strong results in the second […] Read more »
By Steve Chirico of AM Best Reinsurers, for the most part, have been struggling to optimize one side of the balance sheet and its ability to contribute to the return measures and competitiveness of the organization. This is evident by declining investment yields that are due in part to artificially depressed yields on fixed income […] Read more »
From Cliffwater LLC Risk assets rallied strongly in February led by developed equity markets. This propelled the HFRI Event Driven Index to its best monthly return since October 2011 at 3.0%. While positive returns were generated across all event driven sub-strategies, activist and equity special situations strategies benefited the most from the equity market […] Read more »
By Hedge Fund Insight staff Sandell Asset Management Corp. recently sponsored the launch of Sandell Re, a Bermuda based reinsurance company that can invest in the firm’s global event driven investment strategy, which will be managed in a separately managed account with an investment objective substantially similar to Sandell Asset Management’s main hedge funds. […] Read more »
By Brian Schneider and Matthew Noll of Fitch Ratings The expansion of alternative capital sources within the reinsurance market is likely to contribute to lower returns on equity across the reinsurance sector and sustain the market’s M&A wave, particularly among Bermudan firms, says Fitch Ratings. Alternative sources of capital push the sector’s capitalization levels […] Read more »
By Alex Gavrish, CEO of Etalon Investment Research and author of “Wall Street: Back To Basics” The following is a chapter from Alex Gavrish’s book “Wall Street: Back to Basics”*. Two of the three case studies in this chapter on Activist Investors have been included. Chapter 4: Activist Investors Activist shareholder activity has […] Read more »
By Nick Padmore, a writer at The Writer the world’s largest language consultancy Nearly half of all complaints in the investment slice of the financial services industry are about bad customer service or general admin[1]. Back in 2007 Andrew Ross Sorkin at the New York Times wrote this article, claiming that hedge fund managers […] Read more »