Monthly Archives: September 2018
Hedge Fund Tiger Global ups Stake in Fiat Chrysler to $1 Billion
(Reuters) U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles (FCHA.MI) to 873.3 million euros (767,919 pounds), a recent filing with the Dutch regulator showed. Tiger, which runs around $22 billion in assets in under […]
ETF Brings Credit Derivatives Loved by Hedge Funds to Masses
(Bloomberg) After revolutionizing the way investors buy everything from equities to gold, ETFs are now threatening to disrupt the trillion-dollar market in credit derivatives. To read this article:
Economic Check-In: Tensions Push Economy Toward Late Cycle
(Harvest) Key Takeaways..The economy has been growing rapidly, but trade tensions and higher rates could be headwinds.Keep a close eye on inventory levels.Investors should consult their financial advisors to make sure they are diversified across the equity market.Consider inflation-protected investments. […]
Brazil Hedge-Fund Legend Increases Bet on Stocks Ahead of Vote
(Bloomberg) Brazilian legendary hedge-fund manager Luis Stuhlberger is taking advantage of election jitters to step up his bet on stocks. The “Brazilian market continues on its frantic search to adjust to election odds on a daily basis,” Stuhlberger’s Verde Asset […]
Nomura Quant Says Hedge Funds Are Poised to Gorge on Leverage
(Bloomberg) Hedge-fund managers look compelled to load up on risk assets and pump up returns with debt after emerging-market turmoil and interest-rate fears drove leverage ratios close to one-year lows. To read this article:
Hedge Fund Citadel Replaces Head Of Crude Trading
(Reuters) Citadel, one of the world’s largest hedge fund managers, is replacing its head of crude oil trading, according to two sources familiar with the matter, after what one of the sources said were disappointing returns under his leadership. Chicago-based […]
World Shares Face Longest Losing Streak Since January 2016
(Reuters) World shares were flirting with their longest run of declines since early 2016 on Monday, hit by rising anxiety about the U.S.-China trade war and another interest rate increase by the Federal Reserve later this month. To read this […]
Hedge Fund Adviser Charged With Short-and-Distort Scheme
(HedgeCo.Net) The Securities and Exchange Commission today charged a hedge fund adviser and his investment advisory firm with illegally profiting from a scheme to drive down the price of San Diego-based Ligand Pharmaceuticals Inc., reaping more than $1.3 million of […]
Hedge fund HG Vora builds Caesars stake, to push for divestiture or sale
(Reuters) – Hedge fund HG Vora Capital Management LLC has built a 4.9 percent stake in U.S. casino operator Caesars Entertainment Corp (CZR.O), seeking to persuade it to explore options that could include divestitures or an outright sale of the […]
PointState Alum’s Long-Short Hedge Fund Surges 88%
(Bloomberg) Center Lake Capital, started in 2014 by former PointState Capital money manager Adam Parker, soared 88 percent this year through August, according to a person with knowledge of the matter, who asked not to be identified because the information […]
Digital Asset Hedge Fund Manager Charged With Misrepresentations and Registration Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced its first-ever enforcement action finding an investment company registration violation by a hedge fund manager based on its investments in digital assets. The SEC entered an order finding that Crypto Asset Management […]
The Incredible Shrinking Hedge Fund
(Bloomberg) You’d be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn’t […]