Monthly Archives: September 2019
SEC Charges Nissan, Former CEO, and Former Director with Fraudulently Concealing from Investors More than $140 Million
(HedgeCo.Net) The Securities and Exchange Commission today filed settled fraud charges against Nissan, its former CEO Carlos Ghosn, and its former director Greg Kelly related to false financial disclosures that omitted more than $140 million to be paid to Ghosn […]
Deutsche Bank, BNP reach transition agreement for global prime finance platform
(CNBC) Deutsche Bank and BNP Paribas reached a master transaction agreement to assure service continuity to Deutsche’s global prime finance and electronic equities clients, the banks said on Monday. To read this article:
SS&C GlobeOp Forward Redemption Indicator at 3.67 per cent for September
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for September 2019 measured 3.67 per cent, up from 3.41 per cent in August. To read this article:
Here’s how much financial advisors should invest in alternatives to make a difference
(CNBC) You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting […]
BNY Mellon expands ESG analytics service
(Hedgeweek) BNY Mellon has expanded the firm’s ESG Analytics offering by integrating fixed income scoring for corporate bonds To read this article:
DTCC white paper highlights importance of business resilience as protection against future market disruptions
(Hedgeweek) Acknowledging the growing potential for future disruptions to critical business services that could create market instability, a new white paper from The Depository Trust & Clearing Corporation (DTCC) has called for establishing business resilience as an industry-wide priority. To […]
Ex-Diamondback duo launches $1bn long-short hedge fund:
(Opalesque) In the week ending September 20th 2019, Larry Sapanski and Richard Schimel started a new hedge fund with $1 billion in commitments seven years after shutting their old firm, Diamondback Capital Management. To read this article:
Global venture capital industry AUM hits record levels at $856bn
(Opalesque) Global venture capital is expanding fast, and over the past five years, the industry posted a compound annual growth rate of 17%, said a study. Assets under management (AUM) soared to $856bn as of December 2018, a new record, […]
Cluster of hedge funds set to profit from Thomas Cook failure
(Reuters) – The collapse of travel operator Thomas Cook (TCG.L) is set to result in a bumper pay day for a clutch of hedge funds who bet the company’s share price would fall. To read this article:
Saudi oil attacks leave hedge funds unmoved despite battle of the bots:
(Reuters) – Hedge fund managers remain cautious about the outlook for oil prices despite a short-term surge following the recent attacks on Saudi Arabia’s oil installations. To read this article:
Point72 Used Big Data to Short Weight Watchers, Dave & Buster’s
(Bloomberg) Big data gave Point72 Asset Management a fresh view into Dave & Buster’s Entertainment Inc. — and a reason to short the chain. Combing through geo-location data linked to anonymous credit card information, the hedge fund discovered that when […]
SEC Adopts New Rules and Amendments under Title VII of Dodd-Frank
(HedgeCo.Net) The Securities and Exchange Commission has announced that it took a significant step toward establishing the regulatory regime for security-based swap dealers by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Wall Street […]