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Tag: Hedge Funds

Derivatives
News
Renaissance Technologies has agreed to pay $7bn in tax to the IRS. That's a nice chunk of change, even for them. Here is the issue at...
News
Regulation, enforcement & litigation
In a new version of the transfer pricing strategy, Tom Sandell virtually relocated his hedge fund from New York to Florida to avoid NY tax liabilities...
Investments & markets
News
The 2-and-20 are decried as enormous and one-sided fees. Investors are angry at the poor net performances. The press is pointing at large redemptions in a...
Investments & markets
News
Medallion is Renaissance’s flagship fund. It was up 75% in 2020. Unfortunately, it manages only the employees’ money. All the other investors were down ~30% during...
Crypto
Investments & markets
PwC released its annual Crypto Hedge Fund report; it contains many interesting statistics - fees, size, investor source, strategies, liquidity, performance......
Derivatives
Investments & markets
What happened at Archegos? A lot has been published already, but many critical questions have still not been asked. After a factual summary / press review,...
Derivatives
Investments & markets
Geode handles $700 bn of Fidelity's index tracking assets. Geode Diversified, the much smaller hedge fund business, took a 36% loss on COVID's volatility rally. It...
Derivatives
News
Infinity Q may be the new variance swap skeleton. The New York hedge fund has just been suspended by the SEC pending valuation of its variance...
Investments & markets
News
'Roaring Kitty', the rebel redittor behind GameStop, is actually a registered principal. His actions and background will harm him, his employer, and will change the industry....
Derivatives
Investments & markets
‘When you combine ignorance and leverage, you get some pretty interesting results.” Warren Buffett Three good notes from the derivatives research teams of Morgan Stanley, Société...