Monthly Archives: April 2019
John Paulson Plots Path to Spin Off Funds in Transition to Family Office
(Bloomberg) John Paulson has segregated most of his personal capital from that of outside investors in his hedge funds, setting the stage for a potential spinoff that would transform the billionaire’s advisory firm into a family office. Paulson & Co. […]
Goldman Slashes Bonuses as Profits Tumble
(New York Post) Working for Goldman Sachs doesn’t pay like it used to. The Wall Street behemoth slashed its average pay package by a fifth during the first quarter, as traders struggled with bad bets and the bank hired more […]
$4 Trillion Stock Rally Has Buyers Flooding World’s Largest ETF
(Bloomberg) State Street’s SPY had its best weekly inflow since December Growth ETFs are also adding cash as earnings season begins. To read this article:
Former Seaworld Associate General Counsel Charged with Insider Trading
(HedgeCo.Net) A former senior lawyer at SeaWorld Entertainment Inc. (Sea World) has been charged with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that […]
Hedge Funds Fretting U.S. Stock Doom Have Nimble Counter-Plan
(Bloomberg) Hedge funds are snubbing broad bets on the stock melt-up and shifting to market-neutral strategies, according to Nomura Holdings Inc., underscoring the skepticism dogging this gravity-defying bull run. Fast-money exposure to U.S. equities has plunged to the lowest since […]
Methanex Settles With M&G Investments, Offers Board Seats
(Reuters) Methanex Corp, the world’s largest methanol producer, said on Friday that it had reached a settlement with M&G Investments in which the Canadian company handed two board seats to its biggest investor. The company said Paul Dobson, one of […]
Specialty Insurer Argo Fires Back at Activist Hedge Fund
(Express Newsline) Argo Group International Holdings is firing back at a San Francisco activist hedge fund waging a proxy fight against the specialty insurer. In a letter to shareholders today, Bermuda-based Argo’s board asked for their support “to prevent the […]
Building Your Hedge Fund’s Communications Marketing Plan
(Harvest) There are 2 parts to marketing investments to sophisticated investors: sales marketing and communications marketing. Sales marketing is the process of selling to these prospects and their advisors. But what is it that the prospects are told? That’s the […]
This Billionaire Hedge Fund Manager Bucked the Trend
(ETF Trends) A recent article in Forbes profiles Jeffrey Talpins, a 44-year-old hedge fund manager that has “bucked the trend” with his firm Element Capital, returning “about 21% annually net of some expensive fees since its inception in 2005—an incredible […]
Alternative UCITS trends: asset outflow and growth in quant strategies
(Opalesque) B. G., Opalesque Geneva: The market for alternative UCITS – the more hedge fund-type of UCITS funds, has doubled since 2008, but underwent its first outflow since then in 2018. According to LuxHedge’s database, it now stands at €400bn […]
Five Shares The Pros are Buying and Selling
(Citywire) Our regular roundup of trades by professional investors, featuring StatPro, JTC, CrossWord Cybersecurity, Datalex and Numis. To read this article:
Kingstown Capital Management files RICO suit against Czech oligarch over $1bn fraud
(Opalesque) Bailey McCann, Opalesque New York: $1.4 billion hedge fund Kingstown Capital and Czech investment firm Investhold, have filed a Racketeer Influenced and Corrupt Organizations Act (RICO) suit against billionaire Radovan Vitek, a Czech real estate mogul with business interests […]