Monthly Archives: September 2017

Former Pharma Company Accountant, Three Others Charged With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged an accountant and three others with insider trading on market-moving news about the New Jersey-based pharmaceutical company where the accountant formerly worked. The SEC’s complaint, filed in federal court in New Jersey, […]

eVestment: Traditional Asset Flows Largely Flat in Q2/17

(FINalternatives) Capital flows to traditional asset managers were largely flat in the second quarter, according to new research from eVestment, but the period did see large moves across asset classes and regional strategies. To read this article:

Reuters Fund Manager Survey: European Equity Exposure At Five-Year Highs

(Reuters) Global investors added to Eurozone stocks in August, raising their equity exposure to the highest level in at least five years while trimming U.S. equity exposure to the lowest proportion in over a year. To read this article:

India, China Help Emerging Market Hedge Funds Surge

(Barron’s) A second quarter surge lifted emerging market hedge fund capital to $213.3 billion, a record, and India and China funds were performance leaders, according to Hedge Fund Research data. That puts hedge funds on par with the amount of […]

Ex-JPMorgan Trader Spots a MiFID Gift for His Brokerage

(Bloomberg) Haitong International Securities Group Ltd., a unit of China’s second-largest brokerage, is among the firms rushing to capitalize on regulations that could upend the global trading business.The company has ramped up its foray into electronic execution, betting that the […]

Platinum Partners Founder’s Lawyers Drop Appeal on Witness Contact Order

(Reuters) Lawyers defending Platinum Partners founder Mark Nordlicht in a $1 billion fraud case on Thursday said they would no longer pursue their appeal of a federal judge’s order restricting the attorneys’ contact with potential government witnesses. In a motion […]

Millennium Is Said to Back Hedge Fund Led by Javier Velazquez

(Bloomberg) Izzy Englander’s Millennium Management is backing a new hedge-fund startup run by portfolio manager Javier Velazquez, according to four people familiar with the matter. The fund will be London-based and follow a long-short equity strategy, said the people, asking […]

Trump Avoids Hedge Fund Loophole Amid Calls For Tax Reform

(Connecticut Post) Not long ago, Donald Trump impugned hedge fund managers as “paper-pushers” who “get away with murder.” But when it comes to how much taxes one of Connecticut’s vanguard industries pays on money management fees and investment income, the […]

How Much Artificial Intelligence Does IBM Watson Have?

(Harvest) To gauge the future of IBM, one needs to understand its cognitive computing platform, Watson. As its core business declines, IBM is counting on Watson to drive growth in new areas such as analytics, healthcare, internet of things, and […]

Big Hedge Funds Warn Of Market Fall Amidst North Korea Missile Threat

(Opalesque) Some of the biggest hedge fund managers have warned of a possible market fall because of the rising tension between the U.S. and North Korea amidst Pyongyang’s latest missile test over Japan, reported CNBC. In a LinkedIn post, Ray […]

Och-Ziff Hedge Fund Settles FCPA Charges

(HedgeCo.Net) As we reported yesterday, The Securities and Exchange Commission today confirmed that Och-Ziff Capital Management Group has agreed to pay nearly $200 million to the SEC to settle civil charges of violating the Foreign Corrupt Practices Act (FCPA). Och-Ziff […]

Volatility Hedge Fund Sees Bull Market in Fear as VIX Bets Jump

(Bloomberg) Beneath calm stocks, the volatility market is jumping.Take futures on the CBOE Volatility Index, whose volume surged 50 percent this month and is on pace for a record year, according to data compiled by Bloomberg. Belying the lull evidenced […]