Most hedge fund managers are starting to get their feet back under them, according to asset returns and flow data. In fact, January was so good for equity long/ short funds that they made back all the performance-based losses they racked up in all of 2018, according to data [...]
When it comes to investment performance, slow and steady generally wins the race when stretched out over long-term horizons. Even though this practice may not seem glamorous, one hedge fund explained in its year-end letter for 2018 that preserving capital is a wise move during times of extreme volatility. Q4 [...]
In recent years we've seen a number of trends in the financial markets develop, and one such trend is an increasing preference for private-equity funds over other alternative assets like hedge funds. Surveys which have identified this trend haven't offered much insight on why it is happening, although a [...]
If there's one thing we've learned about the financial markets over the last year, it's that things have changed quite a bit. Last year at about this time, some hedge fund managers were practically chomping at the bit for the momentum rally to finally end. Several managers told investors [...]
Last year was a difficult one for the asset markets, including hedge funds, and most managers are breathing a sign of relief that 2018 is over. Fixed-income funds were no exception. According to data from Eurekahedge, fixed income was one of only four hedge fund strategies that were in [...]
Debate over removing Fannie Mae and Freddie Mac from conservatorship continues as the two government-sponsored enterprises reported healthy Q4 earnings results. The two GSEs reported their earnings results the same day Trump's choice for the next director of the Federal Housing Finance Agency (FHFA) was set to testify before [...]
January brought a dramatic rally in stocks and other asset classes following a tumultuous December. However, fund managers have remained positionally bearish despite the broad-based rally. This bearish trend has continued into February — even though it's looking like we managed to avoid the steep selloff witnessed last year [...]
WCM Global Growth Limited was up 4.03% for January, just barely missing its benchmark MSCI All County World (ex-Australia) Index, which gained 4.54% for the month. However, WCM has beaten its benchmark looking at the last three, six and 12 months and since inception. The MSCI All Country World [...]
As the years have gone on, electric vehicles have gone from being practically non-existent on our roadways to somewhat common in many parts of the country. Some analysts and early adopters of the technology believe it's only a matter of time before most vehicles are electric. However, until the [...]
Tesla has proven to be one of the most divisive stocks over the years, driven by the tension between CEO Elon Musk and the many well-known investors who are shorting it. Multiple hedge funds highlighted their Tesla positions in their recent letters to investors, and perhaps unsurprisingly, those who [...]
January turned out to be a much better month for hedge funds as several are reporting positive numbers following a challenging 2018. Portfolio managers at one Aussie fund must be relieved to be back in the green after 2018 ended up being their only losing year so far. Q4 hedge [...]
The last three months of the year brought a sort of retribution and even vengeance for short-sellers on some fronts, although some popular shorts still just won't budge. With so many long/ short equity funds reporting gains in their short portfolios as their longs tumbled, we're especially focused on [...]
Everywhere we look, there have been reports about how abysmal hedge fund performance was in December and even throughout most of the fourth quarter. Hedge fund managers have been outlining the myriad of challenges that faced during the last three months of the year. Most financial assets were in [...]
The fourth quarter of 2018, especially December, is shaping up to be a sort of measuring stick for hedge fund returns. We’ve been keeping track of the relatively short list of equity funds which posted positive returns for December and for the fourth quarter. Q4 hedge fund letters, conference, scoops [...]
In general, the markets seemed to be shaping up to be similar to what they looked like a year ago performance-wise. January was a month of strong returns, and now that we're into February, we're suddenly seeing a steep pullback. It remains to be seen whether the rest of [...]
The bitcoin price, Litecoin price and Ethereum price all surged dramatically on Friday, adding billions of dollars in value to the cryptocurrency‘s market capitalization. Litecoin led the way with a dramatic 30% early in the day, and then bitcoin followed close behind with an 11% gain. Q4 hedge fund letters, [...]
As we continue to review year-end hedge fund letters, a common theme we're seeing is one of disappointment and frustration, and that's exactly how Firefly Value Partners management opened their letter. Q4 hedge fund letters, conference, scoops etc geralt / Pixabay "What a frustrating year," the Firefly team declared. "The year started [...]
It's starting to look like the fourth-quarter bear market may have been just a mere blip on the market radar. Active portfolio managers have been returning to risk-on positions over the last couple weeks. They're back to buying perennial favorites like the Communication Services sector, which now contains the [...]
It's no secret that nearly every asset class was in the red toward the end of 2018, or that most hedge funds had a far worse than usual year. Every hedge fund manager has down years; even David Einhorn's Greenlight was down more than 30% for 2018. However, years [...]
The U.S. dollar has been the world's de facto reserve currency for decades, thanks in part to Washington's ability and willingness to lend money to other nations. However, the tables have turned as the years have dragged on, and the national debt now stands at a staggering $21.9 trillion [...]
All good things must end, but it seems like much of the world was willfully ignorant of the signs that harder times are just around the corner. In his recent letter to investors, which was obtained by ValueWalk, Baupost’s Seth Klarman describes 2018 as “a year of synchronized global [...]
When it comes to the hedge fund industry, every year has winners and losers, and some years have more losers than winners. That was certainly true of 2018, when even some funds with amazing track records ended up posting losses. One such fund was L1 Capital's Long Short Fund, [...]
Congrats! We have a limited time offer for loyal readers like yourself.
Sign up today and get three months free if you select yearly subscription
Use coupon code 3monthsfreeconfidential at checkout
Limited time offer only expires 3/31/2019 or next 30 subscribers whichever comes first – please do not share this discount with others