News

In the News: Tiger Global backs first Argentinian IPO in 16 months

Absolute Return’s daily roundup of U.S. hedge fund news.


Ex-Paulson MD staffs up for Strobus launch

The ‘Greatest Trade Ever’ analyst has hired fixed income expertise for his new hedge fund.

In the news: D. E. Shaw goes activist

Absolute Return’s daily roundup of U.S. hedge fund news.



Delivering Alpha speakers sour on domestic markets

Hedge fund managers speaking at the conference said developing markets and older-issue debt provide the best opportunities.


Balyasny turns positive in August on successful equity bets

The multistrategy manager revamped its macro division recently in a bid to improve performance.


In the news: Marathon bides time on Venezuelan debt

Absolute Return’s daily roundup of U.S. hedge fund news.


In the news: Trump dodges mention of carried interest in tax speech

Absolute Return’s daily roundup of U.S. hedge fund news.


Harvey floods force Houston hedge funds to manage risk outside of office

While some have returned to work, others continue executing trades remotely as the city recovers from tropical storm Harvey.


Former Magnetar trading head joins Valinor Capital

Rakesh Kumar spent almost a decade at the Chicago-based firm.


In the news: Credit funds seek out yield in ‘bespoke tranches’ of CDS

Absolute Return’s daily roundup of U.S. hedge fund news.


MBS remains an attractive asset class for hedge funds despite interest rate exposure

Notwithstanding certain political risks, the MBS market is still pulling in capital from hedge funds.


Ex-Goldman consumer head’s Vernier bounces back after 2016 mistakes

Equity-focused funds are performing better than they have in years amid low stock market correlation and gains in hedge fund favorites.


In the news: Ackman buys protection against geopolitical risk

Absolute Return’s daily roundup of U.S. hedge fund news.



Lazard Rathmore portfolio manager moves to Morgan Stanley fixed income division

Rathmore’s convertible bond strategy has produced mixed returns since the 2008 financial crisis.


MidOcean warns of high yield credit risks

The firm’s credit hedge funds have produced muted returns in recent years.


The Market Move – Tiger, Valiant and the tech sell-off

Absolute Return’s monthly analysis of a shift in financial markets and its effect on top hedge funds.


In the news: Graham Capital still raising assets despite poor performance

Absolute Return’s daily roundup of U.S. hedge fund news.


QIM profits from breakdown in stock market correlation

Boosted by leverage, the firm’s Tactical Aggressive Fund has outperformed peers, though its methods largely remain a black box to outsiders.