Monthly Archives: September 2018

(Bloomberg) Goldman Sachs might have a problem called Abacus. Again. Financial types will recall that in the wake of the 2008 crisis, a synthetic CDO by the name of Abacus became a poster-child of irresponsible Wall Street behavior. Regulators ended […]

(Dealbreaker) Sears has taken yet another turn for the worse, you guys. Its vitals are plummeting. Even the course of treatment recommended last month won’t do the trick,. To read this article:

(Opalesque)According to fund manager Brian Koralewski, his is the only digital asset fund that does volatility trading. Austere Fund, a volatility arbitrage hedge fund that invests in digital assets started trading in mid-June this year. It is managed out of […]

(eFinancial) Another ex-J.P. Morgan artificial intelligence professional has left the role he took after leaving the bank: David Loaiza is no longer the chief data scientist at Point72. To read this article:

(Hedgeweek) While hedge funds’ performance and alpha were ‘honourable’ until the summer, analysis by Lyxor suggests that they erased about 2.5 per cent of alpha since June, with no turn in sight yet in September. To read this article:

(Reuters) Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. To read this […]

(Bloomberg) Hedge fund Emerging Sovereign Group is returning money to investors after almost two decades. Its founders plan to make bigger and riskier bets trading their own capital. ESG, which focused on emerging markets and was backed by billionaire Julian […]

(Reuters) – Activist hedge fund TCI has cut its stake in London Stock Exchange Group Plc, less than a year after its push to oust the stock exchange’s chairman failed. To read this article:

(Bloomberg) Karim Abdel-Motaal is closing his macro hedge fund after just over a year because he couldn’t raise enough money, underscoring how difficult the market has become for startups. The London-based money manager, who previously led emerging-market hedge funds at […]

(Reuters) Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy. So far, it is winning – to the chagrin of hedge funds like […]

(Bloomberg) Travis Kling quit billionaire Steven Cohen’s Point72 fund in December, at the peak of the cryptocurrency boom, to start his own fund focusing on digital assets. Nine months and an over 70 percent selloff later, he’s sticking to the […]