Category Archives: Syndicated

Soros Sons to Back New Hedge Fund From Ex-Soros Manager

(Bloomberg) Santiago Jariton, a former money manager at George Soros’s family office, is planning to start a hedge fund focused on stock bets in Latin America with anchor investments from two of the billionaire’s sons….Jariton, 37, who oversaw Latin America […]

Mike Novogratz Says Bitcoin Will End the Year at $10,000

(Bloomberg) Hedge fund manager Mike Novogratz, who is starting a $500 million fund to invest in cryptocurrencies, says the bitcoin rally still has some serious legs. After surging more than sevenfold since December, the largest and most widely known digital […]

First Trust ETF Follows Quant Funds by Betting Big on Tech

(Bloomberg) Quantitative hedge funds that bet winners will keep winning just had their best month in more than a year buying technology stocks. Now, it’s exchange-traded funds’ turn. The First Trust Dorsey Wright Focus 5 ETF, which uses a computer […]

Wall Street Consensus: 2018 Will Make Us Rich And Move Us Ever Closer To The Apocalypse

(Dealbreaker) This is the time of year when everyone gets together and pens 100-page tomes, chock-full of recos that, while based on a set of ostensibly reasonable assumptions and models, will almost invariably fail to play out. One thing everybody […]

Brexit-Hit Banks to Start Moving Staff Abroad in Early 2018

(Bloomberg) Barring some major breakthrough, global banks will implement their relocation plans early next year to guarantee they’re able to have new offices inside the European Union running by the time the U.K. exits… There’s little Prime Minister Theresa May […]

A $3.4bn Hedge Fund That’s Been Sounding The Alarm About ‘Frothy Speculation,’ Is Suffering Big Losses

(The Business Insider) Tourbillon Capital, a $3.4 billion hedge fund firm led by Jason Karp, is suffering.The firm’s flagship Global Master fund is down 3.5% for the first 17 days of November, bringing performance for the year to November 17 […]

Chinese Hedge Funds Drive Emerging Markets Assets To Record

(Opalesque) Hedge fund capital invested in Emerging Markets (EM) rose to a record to begin 4Q17 with the primary contribution coming from the industry-leading performance of Chinese hedge funds. Total EM hedge fund capital increased to $223 billion (1.48 trillion […]

Wealth Managers Are Being Inundated With Calls About Bitcoin

(Bloomberg) At 74, Cumberland Advisors’ David Kotok has guided wealthy clients through a long career’s worth of bubbles and crashes. Now he’s being inundated with questions about the latest soaring asset to confound investors — bitcoin. To read this article:

Tax Loopholes for Wall Street’s Wealthiest Loom in House Bill

(Bloomberg) Lawmakers who sped a bill through the U.S. House last week may have handed a few more goodies to Wall Street’s wealthiest than they realize. Investors in billion-dollar hedge funds might be able to take advantage of a new, […]

AT&T, US Prepare to Battle in Court Over Time Warner Merger

(Bloomberg) A defiant Randall Stephenson told antitrust enforcers that AT&T Inc. would see them in court after the Justice Department sued to block the company’s $85.4 billion bid to buy Time Warner Inc. The lawsuit “stretches the very idea of […]

Alan Howard Weighs Offering Fund Services to Rivals

(Bloomberg) Billionaire hedge fund manager Alan Howard may go for boring. The embattled macro trader who’s grappling with losses and investors fleeing his Brevan Howard Asset Management is considering offering administrative services to other funds in a bid to revive […]

Hedge Funds Flock to Financials in Q3

(Hedgeweek)S&P Global Market Intelligence’s latest Hedge Fund Tracker analysis shows hedge funds bought USD2.2 billion in financials sector stocks, USD1.8 billion in energy sector stocks, and USD1.7 billion in healthcare sector stocks in Q3. In all, seven of the 11 […]