Monthly Archives: September 2018
Fed Likely to Push Aside Recession Worry in Unveiling 2021 View
(Bloomberg) While investors have been increasingly worried about the potential for a U.S. recession by 2020, central bankers next week are likely to project the nine-year-old expansion lasting a few more years. Federal Open Market Committee participants at the close […]
Hedge Funds Watch Sky Auction as Bidding War Draws to an End
(Institutional Investor) Comcast and Fox are poised to make bids for Sky under a mandate by Britain’s Takeover Panel. To read this article:
Hedge Fund Closures Plummet to Pre-Crisis Level
(Interactive Investor) Hedge fund closures have dropped to a level not seen since before the 2008 financial crisis. A total 125 funds liquidated during the three months through June, down 44 percent from the same period last year… To read […]
Quality as a Hedge Against Rising Volatility
(Harvest) Growth stocks’ extended dominance over value has captured the headlines of late. That said, since the end of 2016 it has really been about momentum. While investors have focused on earnings growth, an even better approach would have been […]
Hedge Fund Assets Up in August
(Alpha-Week) Data shop eVestment published its hedge fund asset flows report today, seeing global hedge fund asset flows coming in slightly positive in August, with $4.74 billion added to the $3.3 trillion-plus industry. Year to date net flows to the […]
Business Services Company and Former CFO Charged With Accounting Fraud
(HedgeCo.Net) The Securities and Exchange Commission has charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI’s workers’ compensation expenses. The SEC also charged BBSI in the accounting fraud and […]
Hedge fund assets up slightly in August
(Hedgeweek) Global hedge fund asset flows were just slightly positive in August 2018, with USD4.74 billion added to the USD3.3 trillion-plus industry, according to eVestment’s latest Hedge Fund Industry’s Asset Flows Report. To read this article:
Victory Asset and Michael D Franko to pay $2.3m CFTC penalty over spoofing scheme
(Hedgeweek) The Commodity Futures Trading Commission (CFTC) has issued two orders filing and settling charges against Victory Asset (Victory) and Michael D Franko for spoofing – bidding or offering with the intent to cancel the bid or offer before execution […]
First Blockchain Incubator launched in Crypto Valley
(Opalesque) In only a few years, the area between the Swiss cities of Zug and Zurich has established itself as the epicenter of the blockchain revolution, becoming home to over 600 companies associated with the new technology. Lakeside Partners, a […]
Cryptocurrency has hit bottom, bitcoin due for renaissance
(Reuters) – Michael Novogratz, former macro hedge fund manager and founder of cryptocurrency asset management firm Galaxy Digital Capital Management, on Thursday said that the bottom in cryptocurrency prices has been reached and bitcoin is due to bounce back. To […]
Hedge Funds Stay Bullish on Brent while Trimming WTI
(Reuters) Hedge fund managers have remained bullish towards Brent even as the approach of Hurricane Florence turned them against WTI and refined fuels were hit by liquidation.Hedge funds and other money managers cut their combined net long position in the […]
Treasury Yields Take Flight, Setting Up Big Shorts for Rewards
(Bloomberg) Liftoff may finally have arrived for yields in the world’s biggest debt market. That’s good news for the fast-money crowd that’s rarely been more bearishly positioned on 10-year Treasury futures. Yields on all maturities have taken flight this week, […]