Investing and Global Finance News

Author Archives: Tom Sanderson

Hedge Fund Fluctuations

Hedge funds are a very fluid industry.  As Alan Greenspan once said: “One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won’t tell you very much about what they’re doing.” In this article we take a look at fluctuations within two firms and one industry:  Atlas Impact Partners, Elliot Management and the oil industry.

A new hedge fund has been launched by Atlas Impact Partners.  The firm – set up last year, uses “a long-short absolute return strategy designed to capture investment opportunity at the nexus of innovation, disruption, and impact.” It has just now opened its first fund geared toward investing in firms that are focused on coming up with creative ideas for enhancement in environmental and social spheres.  At the same time, it bets against business stocks that are potentially damaging in these areas.  Company founders are: a former Generation Investment Management partner (David Lowish); former research head at Just Capital (Rob Brown); David Castricone and Richad Billing.

Now we look at a hedge fund quite the opposite to Atlas, at least in its age.  Elliot Management Corporation has been around since 1977.  After a year of talks it has now acquired Barnes & Noble for a price of approximately $638 million.  Last year the hedge fund also bought Waterstones.

Between Brent, NYMEX, ICE West Texas Intermediate, US gasoline and US heating oil, 122 million barrels have been sold in the week ending May 28.  This marked the largest amount of barrels sold in the timeframe since October 2018.

Hedge Funds: Current Trends

There are various fluctuations among the hedge fund industry vis-à-vis trends in their investment.  These are often not publicized but we do get some clue as to swings and inclinations via SEC quarterly documentation.  Recent SEC 13F forms show the following: An increase in S&P 500 of 15 percent in the first quarter; an average… Continue Reading

HFA Global Board of Directors

Each year the Hedge Fund Association (HFA) elects new board members.  This worldwide “not-for-profit industry trade and nonpartisan lobbying organization devoted to advancing transparency, development and trust in alternative investments” was created in 1996 and has representation in over 5 continents and 14 countries. Earlier this month, the HFA elected the following new individuals to its board. they… Continue Reading

Investing Tips

Before starting any project it’s often worth checking in with the experts.  People who have already done the background work; have had successes and failures; know what works and doesn’t work and are now efficiently engaged in the project upon which you are about to embark. Here we look at quotes from people in the investment world:… Continue Reading

Good News for Hedge Funds in Recent Surge

Figures from hedge funds are looking good for the first quarter of 2019.  According to Hedge Fund Research president Kenneth Heinz, acute gains were posted from hedge fund capital “as investor risk tolerance increased.” This figure – 5.7 percent gain – marks the strongest Q1 numbers hedge funds have had in 13 years. An increase… Continue Reading

US Markets, Jobs, Economy

How is the US faring right now vis-à-vis markets, jobs and the overall economy? Unfortunately the anticipated increase in private payrolls by Dow Jones was not met (173,000 being the expectation; 129,000 the result).  According to Moody’s Analytics Chief Economist Mark Zandi: “The job market is weakening, with employment gains slowing significantly across most industries… Continue Reading

Hedge Fund Managers and Global Growth

Hedge fund managers are (rightly) concerned about global growth.  According to Hayman Capital CIO Kyle Bass it seems like South East Asia is headed for a recession this year; Europe also but the US with its fiscal impulse from tax stimulus will wear off toward the end of the year.  We have to realize that… Continue Reading

US Citizens: Measuring Quality of Life

There are many ways to measure the success of a country.  One way is to look at quality of life.  According to a recent article, this has actually improved in America quite significantly over the last two years.  While it cannot be denied that there is a lot of anti-Trump sentiment in America, the statistics… Continue Reading

US Power Lists

Being featured on a power list has often been a measure of success for many executives.  It is indicative of becoming credible in their fields and being recognized and respected from industry peers.  In this article we take a look at three individuals who have recently been featured on power lists throughout the nation. First,… Continue Reading