Tag: Hedge Funds
Newsmakers
Pennsylvania SERS to Cut Return Rates, Hedge Fund Allocations
Verdicts come amid political criticism, current market environment.
Alternatives
New Jersey to Cut Its Hedge Funds in Half
Pension fund plans to boost Treasury bonds, private equity investments.
Kentucky Pension Lawsuit Alleging Hedge Fund Fraud Dismissed
Court rules plaintiffs couldn’t demonstrate how they had been damaged.
SEC Bars Hedge Fund Manager for Losing Big on Risky Bets
Matthew Rossi blamed $1.8 million in losses on nonexistent rogue trader.
Market Moves
Hedge Funds Turn Around, With Good First Quarter
Rebound comes after a bruising 2018, as health care and emerging markets do well.
Asset Allocation
At Pension Bridge: New Hawaii CIO Speaks on Hedge Funds
Elizabeth Burton finds value in a selective approach to an asset class that hasn’t done well lately.
Newsmakers
Activists Seek Ouster of Bed Bath & Beyond Board, CEO
Three hedge funds suggest 16 replacements with strong retail backgrounds.
Newsmakers
Bridgewater Makes a Bold Bet on Brazil
Ray Dalio’s mammoth hedge fund thinks the debt-stricken land’s growth will be the ‘strongest in the world’ in 2020.
Corporate Moves
Tiger Private Equity Head to Exit in June
Low-key investor Lee Fixel reaped big winnings from Flipkart, Spotify bets.
Market Moves
Dalio Backs Off of Recession Prediction
Bridgewater titan’s forecast shows less doom and gloom than before, although some concern remains.
Asset Management Culture
Ken Griffin: To the Mightiest Companies Will Go the Spoils
Hedge fund honcho looks to strongest companies (seems like the FAANG bunch) to do best in turbulent 2019.
Corporate Moves
Starboard’s Smith Could Add New Toppings to Papa John’s
If the activist investor does to the pizza maker what he did with Olive Garden, expect agita.
Research
Hedge Funds Have Worst Year in a Decade
Industry-wide losses of 3.42% in 2018 are largest since 2008.
Risk
UC Endowment Shifts Major Cash into Alts
The huge fund is targeting real estate, private equity, and hedge funds.