Third Point’s Loeb Slams Activists After UK Fund Chairman Quits (Reuters)
LONDON, Dec 23 (Reuters) – Hedge fund Third Point‘s boss Dan Loeb on Thursday blamed the departure of the chairman of the firm’s London-listed fund on “inexperienced” and “juvenile antics” of activist investors.
Odey Asset Management Fund Manager Snags £15m Annual Payout (CityA.M.)
A hedge fund manager at Odey Asset Management has snagged the biggest annual payout this year – reportedly beating its prominent founder. James Hanbury, who manages the firm’s largest fund the Odey Absolute Return, took home an eyewatering £15.6m, according to account filings. The hefty payout follows the asset manager enjoying a profit jump of more than £30m – soaring to £39.7m in the 12 months the April 5 from £8.3m a year prior, the Times first reported.
How Tiger Global, SoftBank Vision Fund And Insight Partners Changed The Venture Landscape In 2021 (Crunchbase)
Tiger Global Management, SoftBank Vision Fund and Insight Partners aren’t traditional venture capital investors, but the three growth equity firms invested in startups at an unprecedented rate in 2021, competing directly with many of Silicon Valley’s biggest names and racking up a huge number of portfolio companies in the process. The three firms have invested rapidly in startups this year, even compared to accelerators – let alone venture firms – Crunchbase data shows.
Bridgewater: Beware The Popping Of These Bubbles As Liquidity Runs Out (Forbes)
For some, it seems obvious that one or more “bubbles” are affecting the market, but there may be more bubbles right now than most investors realize. Ray Dalio‘s Bridgewater sees bubbles in several areas, including emerging technology stocks, special purpose acquisition companies (SPACs), cryptocurrencies, collectibles, non-fungible tokens (NFTs) and more.
Here Are the Hedge Fund Surprises From 2021 (Institutional Investor)
November was brutal on almost all hedge fund styles, with managed futures and equity sector funds leading the way. Investors can blame new Covid-19 variants and inflation fears for the worst month for hedge funds since March 2020. PivotalPath’s composite index lost 1.7 percent for the month, while the research and data firm’s managed futures index was down more than 2 percent in November. PivotalPath tracks 2,400 institutional hedge funds, representing $2.4 trillion in assets.