Investing and Global Finance News

Category Archives: Hedge Funds

Kevin Ulrich transitions from CEO to Chairman at Anchorage Capital Group

Kelvin Ulrich
Kevin Ulrich, Chairman of Anchorage Capital Group

Kevin Ulrich, a co-founder of Anchorage Capital Group, has now transitioned to be the firm’s Chairman after more than twenty years as the CEO.

Under Ulrich, Anchorage was one of the largest distressed-debt hedge funds. He pointed to ongoing client withdrawals and truculent markets as the reason for the closure of the firm’s prize investment platform and his role change.

Specifically, Ulrich said the resistance of equity markets, lower rates of default, and banking policies have impeded classic credit hedge fund tactics which facilitate recurrent investor trade-ins. Anchorage will continue to offer its $18 billion structured-credit services and the $4 billion long-term distressed-credit services.

Ulrich is also Chairman of MGM since 2017; he joined the movie studio in 2010.

Bright Future for Hedge Funds?

Where are hedge funds headed now?  How has COVID-19 impacted their movements and strategies?  Here we take a look at some of the recent news. In June it seemed like the stock markets were engaged in a positive trend.  The S&P 500 registered a 2.33 percent performance, making its fifth consecutive month of profits. According… Continue Reading

Hedge Fund Strategies for Investors

In this video put together by Erik Townsend, hedge fund manager of Macro Voices, The Long-Short Equity Strategy is discussed.  Teaching podcast listeners “how to manage their own investment portfolio using the same methodology and techniques employed by hedge funds in order to produce market beating investment returns.” Continue Reading

Hedge Funds 2020: What to Expect

Where are hedge funds headed next year? What is the outlook for the industry vis-à-vis new hires, M&As?  Here we present the thoughts of some experts in the field, most notably Alexis DuFresne, Whitney Partners Director, Paul Tudor Jones of Investment Corporation and Leon Cooperman of Omega Advisors. In a recent YouTube video, on a… Continue Reading

Brexit and the Hedge Fund Industry

Brexit is apparently impacting everything and everyone.  Are they in? Are they out?  Every day it’s a different story and the British pound has recently plummeted to a two-year low as a result of this hokey-pokey dance. According to a recent news article: “Sterling plunged to 28-month lows and headed for its biggest daily fall… Continue Reading

Alternative Investments: Why?

What do investment industry experts when they add the adjective alternative to their investments?  According to CEO of the Chartered Alternative Investment Analyst Association (CAIAA) William J. Kelly, regular investments are those made in cash, bonds and stocks etc. Alternative investments are ones in intellectual property, land, private equity and real estate.  Toward the end… Continue Reading

Equity Investment Firms: Recent Awards

Awards presented to private equity investment firms are given for a variety of reasons, including recognition of excellence in the establishment, growth and management of a new or existing acquisition, a testament to consistent performance and a high chance of continued stability.   They are selected via senior, experienced members of the industry.  Here we take… Continue Reading