Monthly Archives: May 2018
Soros Sees New Global Financial Crisis Brewing, EU Under Threat
(Bloomberg) A surging dollar and a capital flight from emerging markets may lead to another “major” financial crisis, investor George Soros said, warning the European Union that it’s facing an imminent existential threat. The “termination” of the nuclear deal with […]
Scaramucci’s Fund Nears $30m South Korean investment
(New York Post) The hedgie turned politico-for-a-minute turned hedgie once again, is close to landing a $30 million investment from the Korean Teacher’s Credit Union,…. To read this article:
Hedge Funds Have Never Been This Bearish on Platinum Price
(Mining.com) The price of platinum stayed above $900 an ounce on New York futures markets on Monday as it attempts to recover from levels last seen in January 2016 struck last week. Platinum is trading near a record discount of […]
Ridiculously Complex’: Top Financier Blasts UK’s Biggest Fund
(The Guardian) It’s the biggest single stock market fund in Britain, holding nearly £20bn of small investors’ cash. Yet while the FTSE 100 has soared, hitting a record high this week, the fund, managed by Standard Life, has made nothing […]
How Hedge Funds Have Invested $6 Trillion for Q2
(247 Wall Street) For the first quarter of 2018, hedge funds managed a return of 0.35% on the Hedge Fund Research Fund Weighted Composite (FWC) index. Not much, but better than the Dow (down about 2% in the quarter ) […]
Herbalife Shares Plunge After Carl Icahn Lowers His Stake in the Company
(CNBC) On Friday the investor said he is lowering his stake in a securities filing….Shares of Herbalife closed down 9.6 percent Friday. To read this article:
Steve Cohen’s Point72 is Bullish on Asia and Likes These Sectors
(CNBC) Marc Desmidt, Point72’s CEO of International, likes two sectors in China in particular.”The emergence of China and its growing wealth, means that people in China are much more focused on their physical and emotional well-being,” Desmidt said. “Health care […]
SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court […]
U.S. Treasuries: Break On Through to the Other Side
(Harvest) Last Tuesday, May 15, represented a red-letter day for the U.S. Treasury (UST) market, as the 10-Year yield moved above a key technical level and ended up posting its highest numbers since 2011. The natural question is: Now that […]
Alternatives Funds Turn to Values-based Audience Profiles to Motivate Allocators and Build Assets
(Hedgeweek) Hedge fund, private equity and other asset management firms are using cutting-edge, values-based marketing technology to open new doors and build stronger relationship with allocators. This new Valuegraphics profiling identifies more precisely what drives investor decision-making, rather than relying […]
Fraud Charges Filed Against Three Former Constellation Healthcare Executives
(Hedgeco.Net) The Securities and Exchange Commission has filed fraud charges against three former Constellation Healthcare Technologies Inc. executives who falsified financial and other information they provided to a private firm in the course of negotiating the private firm’s acquisition of […]
Merger arbitrage recovers in May
(Hedgeweek) Widening deal spreads in March-April translated into an underperformance of Merger Arbitrage in early Q2, but the strategy recovered in May along with the tightening of deal spreads, according to the latest Weekly Brief from Lyxor’s Cross Asset Research […]