Monthly Archives: June 2017
Safran Shareholders Approve Plan to Buy Zodiac Aerospace
(Reuters) Shareholders in Safran on Thursday backed resolutions that will free the French aero engine maker to pursue an agreed takeover of parts maker Zodiac. The planned merger would create the world’s third-largest aerospace supplier after U.S companies United Technologies […]
O’Brien Investment Group Launches New Global Macro Fund
(FINalternatives) Chicago-based O’Brien Investment Group has launched a new discretionary global macro hedge fund that will be managed by chief investment officer and former Goldman Sachs executive Monica Fuentes. To read this article:
Credit Suisse: Hedge Funds Can’t Get Enough of These 9 Stocks
(The Business Insider) Everyone loves stocks that promise strong performance.mCredit Suisse recently released a list of some of the best stocks according to hedge funds. The list was created by looking at large-cap companies that saw a big increase in […]
Catalyst Funds to acquire Exceed Defined Shield Fund
(Opalesque) Catalyst Funds, an alternative-focused mutual fund company, announced it will acquire the Exceed Defined Shield Index Fund. The acquisition will rebrand the mutual fund as the Catalyst Exceed Defined Shield Fund (SHIIX). It will maintain the same investment strategy […]
Hedge Funds are Crushing it With a Trade That Anyone Can Replicate
(The Business Insider) Hedge funds are using exchange-traded funds to make a killer bet. Markets Insider recently wrote about the most popular ETFs among hedge funds, and it turns out the two most popular funds have something in common. Vanguard […]
Only 10% of Investors are Fundamental Investors
(Harvest) This week I am kicking off my first podcast edition with a discussion of an amazing insight from JP Morgan: only 10% of current market trades are from investors who are fundamental traders. I talk about why we believe […]
Here’s the Reason Active Funds Can’t Beat Passive Funds—and It Worries Me a Lot
(Harvest) This trend goes back to a point I made a few weeks ago but that needs to be repeated again and again . When the market obscures distinctions between good stocks and bad stocks because it buys all of […]
Former Visium Fund Manager Sentenced to 18 Months in Prison
(FINalternatives) Former Visium Asset Management portfolio manager Stefan Lumiere was sentenced in Manhattan federal court Wednesday to a year and a half in prison after being found guilty earlier this year on securities fraud charges. The sentence, handed down by […]
(Preqin) All-Strategies Hedge Fund Index Up 0.26% In May
(FINalternatives) Almost all leading hedge fund strategies posted positive returns in May, according to new data from Preqin, as the industry recorded seventh consecutive month of gains. To read this article:
Hedges Continue Fifth-Month Growth With 0.31 Per Cent Gains
(Hedgeweek) Hedge funds posted their fifth consecutive month of gains this year, up 0.31 per cent during the month of May, according to the latest Index Flash Update from EurekaHedge. On a year-to-date basis, managers gained 3.25 per cent while […]
Graticule Hedge Fund Said to Part Ways With at Least 5 Staff
(Bloomberg) Graticule Asset Management Asia, the $4.8 billion hedge fund led by Adam Levinson, parted ways with at least five employees in May including longtime money manager Gerard Gwee, according to people familiar with the matter. The Singapore-based hedge fund […]
A Big Deal in Trading Has Led to a Wall Street Titan Swapping Roles
(The Business Insider) Robert Greifeld, the former CEO of Nasdaq, will become chairman of the board of Virtu Financial, a high-frequency trading firm, after it completes its $1.4 billion takeover of rival KCG Holdings. To read this article: