Comment

COMMENT

Paulson joins the ‘going private’ trend as hedge fund industry’s changing of the guard accelerates

Paulson joins the ‘going private’ trend as hedge fund industry’s changing of the guard accelerates

The news that John Paulson, the executor of ‘The Greatest Trade Ever’, is joining the growing ranks of famed hedge fund managers returning investor capital and going private, seems like a defining moment at a time when the world as we knew it is experiencing such widespread, seismic change.

COMMENT

The “locusts” were the canaries in the coal mine (again): Hedge fund short-sellers vindicated as Wirecard blow-up jolts Germany

The “locusts” were the canaries in the coal mine (again): Hedge fund short-sellers vindicated as Wirecard blow-up jolts Germany

There is precious little to celebrate in the precipitous collapse of Wirecard, the German payments group whose shares have lost 90 per cent in a matter of days amid what now appears to be incontrovertible evidence of a massive and sustained fraud involving at least EUR2 billion of ‘missing’ cash.

MARKETS

Pictet chief strategist cautious on equities rebound, warning on UK as materials and Japan offer value

Pictet chief strategist cautious on equities rebound, warning on UK as materials and Japan offer value

The current stock market rebound is “out of step with economic reality”, according to Pictet Asset Management’s chief strategist Luca Paolini. While the sustained market resurgence appears to have bolstered equity and credit-focused hedge funds’ returns during May, Paolini warned that hopes for a quick V-shaped recovery following the coronavirus downturn look “optimistic”.

MARKETS

Credit and EM debt offer attractive relative value trading opportunities, says BlueBay's Kettle

Credit and EM debt offer attractive relative value trading opportunities, says BlueBay's Kettle

As global equities markets on both sides of the Atlantic continue to flutter, credit and emerging markets are throwing up comparatively attractive trading opportunities, BlueBay Asset Management, the London-based fixed income and credit-focused hedge fund, said on Thursday.

HOT OFF THE PRESS

Pragmatism in the face of uncertainty

Pragmatism in the face of uncertainty

In his latest monthly blog, Joel Press, formerly a senior partner and Head of the Global Hedge Fund Practice at Ernst & Young, and a leading voice on hedge fund operations and co-ordination services, looks at how social distancing might work as businesses begin to consider a return to office working…