Quiet Markets Are Killing Four Huge Hedge Fund Names# Stock
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Quiet Markets Are Killing Four Huge Hedge Fund Names
by Stephanie Yang Jun 13, 2014, 08.54 PM
The quiet market has made for a rough year for investors. Particularly for
some of Wall Street's hedge fund titans, a WSJ article said today.
Hedge funds specialized in macroeconomic trends have been losing money this
year after investing in the wrong global markets.
According to the article, these are some investors hurting:
Alan Howard - Brevan Howard Capital Management is down 3.8% through June
6
Louis Bacon - Moore Capital Management is down 5% through May
Paul Tudor Jones - Tudor Investment Corp is down 4.4% this year
Kyle Bass - Hayman Capital Management is down more than 6% in the first
quarter
Other firms posting losses include Woodbine Capital Advisors, Bruce Kovner's
Caxton Associates, and Michael Novogratz's Fortress Investment Group.
Worried investors are starting to pull funds from these macro hedge funds
after seeing the damage.
Some failed strategies include investing heavily in the Japanese stock
market (while the Nikkei Stock Average is down 7.1% since January), and
underestimating U.S. bonds.
Hopefully things will turn around when the market shifts... whenever that is.
by Stephanie Yang Jun 13, 2014, 08.54 PM
The quiet market has made for a rough year for investors. Particularly for
some of Wall Street's hedge fund titans, a WSJ article said today.
Hedge funds specialized in macroeconomic trends have been losing money this
year after investing in the wrong global markets.
According to the article, these are some investors hurting:
Alan Howard - Brevan Howard Capital Management is down 3.8% through June
6
Louis Bacon - Moore Capital Management is down 5% through May
Paul Tudor Jones - Tudor Investment Corp is down 4.4% this year
Kyle Bass - Hayman Capital Management is down more than 6% in the first
quarter
Other firms posting losses include Woodbine Capital Advisors, Bruce Kovner's
Caxton Associates, and Michael Novogratz's Fortress Investment Group.
Worried investors are starting to pull funds from these macro hedge funds
after seeing the damage.
Some failed strategies include investing heavily in the Japanese stock
market (while the Nikkei Stock Average is down 7.1% since January), and
underestimating U.S. bonds.
Hopefully things will turn around when the market shifts... whenever that is.