Monthly Archives: May 2017
It Took a Baby Hedge Fund to Demand that Etsy Behave Like a Grown-Up
(Dealbreaker) It’s miraculously taken more than two years for someone to realize that Etsy is a totemic example of a public company subconsciously calling out in the darkness of its own confusion for the sweet release of shareholder activism. But […]
CFA Institute Mulls Adding ‘Big Data’ to Financial Analyst Exam
(Reuters) The CFA Institute will weigh changing its formidable exam to tackle artificial intelligence and the “big data” investors cull for an edge in markets, a senior official from the U.S. accrediting group said on Tuesday. The institute’s Chartered Financial […]
Oil Prices Fall as Hedge Funds Throw in the Towel
(Oil Price) Oil prices fell on Monday and Tuesday as hedge funds and money managers have started to cut bullish positions in oil in a reaction to quickly growing supply… To read this article:
The More Likely Reflation Trade is in Europe
(Harvest) Political risk may have ratcheted lower after the first round of the French presidential election. But the latest jump in asset prices across Europe appears to have tailwinds well beyond politics. To read this article:
The Mirror Image of the Weak Q1 GDP Reading
(Harvest) The first quarter economic headline is quite negative, and to be sure, concerning underlying data points are present. But it’s not uniformly negative, with other data points suggesting higher growth ahead. To read this article:
Executives Charged in Connection With Accounting Failures at Government Contractor
(HedgeCo.Net) The Securities and Exchange Commission today announced charges against two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures. The SEC […]
Einhorn’s Greenlight Capital Said To Lose 1% in April
(FINalternatives) David Einhorn’s hedge fund Greenlight Capital reportedly dipped 1% in April, underperforming the 1.2% gained by the S&P 500 Total Return Index during the period. To read this article:
Fertitta Brothers Launch $500M Investment Fund
(FINalternatives) Fresh off their $4 billion sale of mixed martial arts promotion company UFC last year, the Fertitta brothers have launched a $500 million private investment firm that will focus on consumer-facing companies in the technology, media and entertainment sectors. […]
Court Dismisses Key Claims in Short-selling Conspiracy Case
(HFMWeek) A New Jersey court has dismissed the key statutory claims of collusion between short-selling hedge funds including Third Point and SAC Capital after an 11-year battle. In the Superior Court of New Jersey Appellate Division today, Judge Fisher dismissed […]
Hedge Funds Pile in to Long Bets on Bonds Just as Dangers Build
(Bloomberg) The fast money in the $14 trillion Treasuries market may turn out to be too slow. For the first time since July, hedge funds and other large speculators are bullish on Treasuries across the yield curve, U.S. Commodity Futures […]
John Paulson’s Fall From Hedge Fund Stardom
(New York Times) John A. Paulson is one of the best-known names in the hedge fund industry. But these days, Mr. Paulson is having more success in the political realm than he is managing his business. Mr. Paulson, 61, was […]
Trio of Banks Subpoenaed as Treasury Market Probe Continues
(FINalternatives) Several Wall Street banks were subpoenaed last month by U.S. federal prosecutors investigating possible manipulation in the $14 trillion U.S. Treasuries market. The banks include UBS, BNP Paribas and Royal Bank of Scotland, according to a Reuters article. To […]