It's no secret that most hedge funds have had a particularly difficult year, and now that we have 11 months of data, it's become clear that 2018 is the industry's worse year since the global financial crisis. Between investor redemptions and performance-based losses, the hedge fund industry has shed 3.4% of its assets under management so far year to date, according to data from Eurekahedge.
Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
Closed-end funds are very similar to exchange-traded funds, but with one big difference. Like ETFs, they hold pools of assets, but unlike ETFs, they trade more like a stock... read more
Every afternoon we provide an update on global market levels, economic news, and hedge fund news.
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Market Levels
* US: Dow: 13008.50 (-0.23%), S&P 500: 1369.58 (0.04%), NASDAQ: 2957.76... read more
Today was an important day in earnings for the retail sector. Here's a round up of some of the retailers that announced their earnings earlier today.
Best Buy Co., Inc.... read more
Brexit impact on value of British pound sterling: With a potential “Brexit” approaching, Goldman Sachs says regardless of the outcome the British pound sterling will be a “fashionable” and... read more
Why do investors miss big returns? The data shows that average investors lag behind the returns of the average fund they invest in. The data also appears to be... read more
At this year's Sohn San Francisco Investment Conference, Gil Simon, the Chief Investment Officer & Managing Partner of SoMa Equity Partners, pitched Uber as his favorite stocks.
SoMa Equity Partners... read more
Despite all of the country's problems, China has proved its doubters wrong during the past few years. Even though several prominent Wall Street analysts and hedge fund managers have... read more
Post Market News
Stocks that traded actively in U.S. markets on Tuesday include: FedEx Corporation (NYSE:FDX), Helen of Troy Limited (NASDAQ:HELE), Research In Motion Ltd (NASDAQ:BBRY), Apple Inc. (NASDAQ:AAPL), Amazon.com,... read more
William Ackman may now have enough votes to call a special Allergan, Inc. (NYSE:AGN) shareholder meeting in December, he said in a statement released Friday. It might now matter,... read more
Conventional wisdom says that US small-cap stocks have historically outperformed large-cap stocks, but some recent studies have argued that this is not always necessarily the case.
Q3 2019 hedge fund... read more