Monthly Archives: May 2019
Ex-Hedge Fund COO Says He Helped Hide Company’s Dire Finances
(Bloomberg) A former executive at the defunct hedge fund Platinum Partners said he helped his colleagues hide the company’s true financial condition from investors as they increasingly sought to pull their money out of the firm before it collapsed. To […]
SEC Obtains Asset Freeze in Connection with Alleged Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission has announced the entry of an emergency court order freezing assets related to alleged insider trading that yielded approximately $2.5 million in profits in connection with the April 12, 2019 announcement that oil-and-gas conglomerate […]
Biggest Bond Rally Since 2016 Came at Right Time for Hedge Funds
(Bloomberg) Speculators in Treasuries futures proved prescient coming into this week: They turned bullish on two-year notes and pared short bets on 10-year debt heading into the biggest bond-market rally since 2016. An escalating political crisis in Italy roiled financial […]
DHI’s Stock Rockets after TCS Discloses Large Equity Stake
(Marketwatch) DHI Group Inc.’s stock rocketed 26% in afternoon trade Tuesday, toward a seven-month closing high, after the employment connections services provider disclosed that hedge fund TCS Capital Management LLC had acquired a large stake in the DHI and expressed […]
Traders split on success of MiFID II
(Hedgeweek) Traders disagree over whether MiFID II has been successful, according to new research by SIX, with a combined 70 per cent of traders surveyed by the Swiss exchange believing that trading has become more transparent – a key goal […]
Strong uncertainty in markets boosted net sales of multi-asset funds in March, says EFAMA
(Hedgeweek) Net sales of UCITS and AIFs totalled EUR47 billion in March 2018, up from EUR25 billion in February, according to the latest Investment Funds Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA) To read this […]
Hedge Fund Giant Sees More Pain to Come for Indonesian Debt
(Bloomberg) Curran explains why Moody’s things India and Indonesia are among the riskiest when it comes to debt. Indonesian bond holders have had a rough ride this year. But the pain isn’t over yet, according to the world’s largest publicly […]
Man Group CEO Says China Bond Defaults Will Normalize the Market
(Bloomberg) Man Group Plc’s Chief Executive Officer Luke Ellis, who oversees the world’s largest publicly traded hedge fund firm, said recent bond defaults in China show that regulators are trying to shift to a more “sensible” market model. “The Chinese […]
How to Invest in Hedge Funds and Pay No Taxes
(Bloomberg) Blackstone Group LP has an enticing pitch for the ultra wealthy: Invest in hedge funds and avoid paying taxes forever. The private-equity firm’s Lombard International is leading the charge to promote exclusive insurance vehicles that can contain hedge fund […]
Investor demand drives growth in responsible investment by hedge funds
(Hedgeweek) Hedge funds globally have allocated at least USD59 billion to responsible investment (RI), according to a survey by the Alternative Investment Management Association (AIMA) and the Cayman Alternative Investment Summit (CAIS). To read this article:
Wary of High Yield? Three Reasons Not to Be
(Harvest) After a strong 2017, high-yield bonds have struggled this year as US Treasury yields spiked and inflation potential stirred up fears that the Federal Reserve may raise borrowing costs more aggressively. With the US credit cycle in its 10th […]
Rising Rates, Increasing Inflation, Reduced Supply, and Positioning for Municipal Bond Portfolios
(Harvest) After the worst first quarter performance in 22 years for the municipal bond market, Portfolio Manager Nick Venditti explains where muni fixed income investors should go from here. To read this article: