Curious to know who's doing well and not doing well
Curious to know how funds (L/S, macro, etc.) are faring right now in this huge draw-down.
Are any teams firing analysts as we speak? any teams that have blown up yet?
PE firms using this weakness to buy distressed assets are killing it
my banker friends have been inundated with calls from PE funds looking to buy, with billions and billions of cash on hand.
Warren Buffet will use his 120bln cash pile to buy the dip
some are....they are bidding (low) for distressed debt...playing the capital structure game...all sorts of games you can play when you have cash, and your target is poor.
No offense but you are full of sh!t
How can they be killing it when the market hasnt even bounced yet. They may have scooped up some assets that sold off hard Whether the trade worked out or not remains very much to be seen.
Well, you can track hedge fund performance through a) Eurekahedge b)Funds Portal c)HFM Global d) Preqin and see who is down and up. You can also track some top-performing medium sized hedge fund on Daedalus Investment Platform through https://daedalus.investments (although the aim of the platform is to invest)
Here is some that went down:
Cubist down 22% MTD
Bridgewater - came across terminal this AM. Down a massive 20% in Pure Alpha, which is supposed to run a vol half that. Big deal.
Natixis H2O - Down like a third
Millenium is about 5-6% down ytd that's the latest number
Baupost down 10% YTD, according to Bloomberg
There is bigger post there about this on: https://www.wallstreetoasis.com/forums/2020-hf-shakeout-whos-up-whos-do…
But, we should wait as well for their performance in the coming months as no one know when exactly markets will rebound back, and the economy will deleverage to normals levels....