Hints and tips:
...But Hintze, a prominent philanthropist and Conservative party donor who was given a peerage late last year, will go his own way, spinning out the $1.5bn flagship Directional Opportunities hedge fund and...
...Its fixed-income and macro fund, which makes both directional and arbitrage bets, made 32.6 per cent, beating many specialist macro funds....
...Structured credit was the main driver of losses at Sir Michael Hintze’s CQS Directional Opportunities fund, for example, which had lost about $1.4bn by the end of May....
...Oktay Kavrak, product strategist at Leverage Shares, said the leveraged and inverse versions of the funds would “enable investors to make directional trades and express their convictions, whether they are...
...It also acquired Scandinavian broadcaster SBS and Italy’s Switchover and took full control of Eurosport....
...It’s worth keeping an eye on the yen, probably one of the more actively-traded assets investors might glean directional insights from, and which is 0.2 per cent stronger this morning at Y110.96 per dollar...
...“As a result it is true that some hedge funds are taking directional bets on the market but are dressing up their funds as something else. I am definitely paranoid about that....
...CQS, another prominent credit and bond focused fund, has meanwhile seen its Directional Opportunities fund rise 32 per cent....
...specifically that we did not control the asset-selection process, we were transparent with our counterparties and our mortgage CDO investment strategy maintained a market-neutral portfolio and did not represent a directional...
...Fabio Cortes, manager of a commodities fund of funds for Oakley Capital, said: “Some people have shied away from taking big directional bets in oil after they got burned last year in May....
...If you establish that, you then want to ask, is this because HFTs are providing a service that they’re charging for, or are they just a tax? That’s a very important question....
...to regulate HFTs are moving up a gear amid concern that ultra-fast trading and the use of computer algorithms to generate massive amounts of trades could destabilise markets, especially with the use of “directional...
...They then combined the group with their other European TV investment, Luxembourg’s SBS, in 2007, with the aim of rivalling RTL, owned by Germany’s Bertelsmann....
...The generalised view is that with the current markets you don’t need to lever up to get performance,” says Marc Gilly, the head of hedge fund capital introduction services at Goldman Sachs....
...include content from partners, starting with sports results and news from Sports Direct; sports photography from US Presswire; game reports and team analysis from Sports Xchange; and fans’ coverage from SB...
...For example, during the 2007-08 food crisis, ADM’s agricultural services – the company’s trading operation – made profits of $500m-$400m each quarter, higher than the $178m it made the last quarter....
...“The funds that have done well are those that have actually stopped doing traditional relative value trades and put on directional trades instead,” said a managing director at a firm investing in a variety...
...Surveyed investors expressed a sharp trend away from highly leveraged strategies into simpler, more liquid strategies and those that focus on opportunities in dislocated markets, notably distressed and directional...
...KKR and Permira took control of ProSieben from US investor Haim Saban in 2006 and combined it with their other European TV investment, Luxembourg’s SBS, in 2007, with the aim of rivalling RTL, owned by Germany...
...Macro and market-directional funds’ losses were nearly twice their previous one-day maximum, incurred last May, the data showed....
...So-called Greater China funds, focusing on Hong Kong, Taiwan and mainland China, were by far the best-performing Asian hedge funds last year, with the top fund – Apex Greater China Directional – generating...
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