Monthly Archives: May 2017
Trading platform OpenDoor launches for hard-to-trade Treasuries
(Reuters) Startup electronic fixed income trading platform OpenDoor Securities said it would hold its first auction on Tuesday, with the aim of improving liquidity in hard-to-trade areas of the $13.8 trillion U.S. Treasury securities market. The platform will offer “all-to-all” […]
SEC Offers Online Tool to Help Companies Estimate Registration Fees
(HedgeCo.Net) A new online tool may help firms calculate registration fees for certain form submissions to EDGAR, the SEC’s electronic database of financial reports and other filings. The new tool is intended to improve the accuracy of fee calculations and […]
Hedge Funds Outperformed in April: Are Trends Breaking?
(Market Realist) In April 2016, hedge funds outperformed CTAs (commodity trading advisors). The Barclay CTA Index, which reflects the performances of CTAs, fell by 0.07% in April. The Barclay Hedge Fund Index, which reflects the performances of reporting hedge funds, […]
What Recession Worries? Get Over It, Stocks Are Climbing 10%: Yardeni
(CNBC) Don’t put this market veteran in the bear camp. Ed Yardeni, who has been ranked among Wall Street’s best economic forecasters, predicts stocks will be 10 percent higher by this time next year…. To read this article:
OP Investment Management expands its Asian HF business
(Hedge Funds Club) In a brand new interview, HFC’s Stefan Nilsson discusses with OPIM’s CEO Alvin Fan about the evolution of the Hong Kong fund house and its current important role in the hedge fund industry. To read this article:
Activist Hedge Fund Investor Gives Blessing to London Stock Exchange Merger
(City A.M) An activist hedge fund shareholder of the London Stock Exchange (LSE) has given the Deutsche Boerse merger its blessing. The backing from the Children’s Investment Fund (TCI) founder Christopher Hohn comes after the investor played a prominent role […]
Pandora, Inc. Buyout? A $1 Billion Hedge-Fund Manager Thinks So. (But does it make sense?)
(Fool.com) Earlier this month, hedge fund Corvex Management disclosed a sizable stake in Pandora, with the stated intent of helping to spur a sale for Pandora. This all sounds great for a business and stock that have struggled mightily in […]
Ex-Citi Trader’s Bitcoin Exchange Skirts Currency Curbs
(Bloomberg) It was after Arthur Hayes got laid off from Citigroup Inc. in 2013 that he stumbled across one of the simplest ways to make money he’d ever seen. He was living in Hong Kong and saw the price of […]
Unloved Commodity Hedge Funds Get $5 Billion Embrace on Oil Gain
(Bloomberg) The rally in oil has given a fillip to long-suffering commodities hedge funds. After four years of hemorrhaging cash and clients, managers are once again making money and winning back investors. About $5 billion has coursed into the funds […]
Scientist Turned Hedge Fund Founder Cuts Profitable Aussie Short
(Bloomberg) AE Capital, a hedge fund run by a former atmospheric scientist, trimmed bets against the Australian dollar as it gauges shifts in the world’s two biggest economies. The Australian, Canadian and New Zealand dollars will likely be the most […]
Pelargos Joins Hedge Funds’ Bet on Turnaround at Honda
(Bloomberg) Pelargos Capital BV, a Dutch hedge fund manager that’s prospered by snapping up battered stocks, is adding to its stake in Honda Motor Co. and is predicting that shares may double, joining other investors placing faith in a recovery […]
Financial Adviser Charged with Defrauding Pro Athletes
(HedgeCo.Net) A Pittsburgh financial adviser is accused of taking money without permission from the accounts of several professional athletes in order to invest in movie projects and make Ponzi-like payments. SEC examiners uncovered unauthorized withdrawals that Louis Martin Blazer III […]