Category Archives: Syndicated
Bitcoin Falls on $31m Hack of Cryptocurrency Peer Tether
(Bloomberg) Bitcoin slipped from a record after the $31 million theft of a cryptocurrency peer renewed concern about the security of digital coins. The company behind tether, a cryptocurrency used by bitcoin exchanges to facilitate trades with fiat currencies, announced […]
Hedge Funds Loaded Up On These 10 Stocks Last Quarter
(The Business Insider) Tech stocks have been on fire this year, and institutional investors have taken note…Despite the astronomic gains of stocks like Alphabet and Facebook, the aggregated Equity Hedge Fund Index has underperformed the the S&P 500 by 8.6 […]
The Obstacles ESG Needs To Overcome
(Alpha-Week) A recent survey from Royal Bank of Canada (RBC) Global Asset Management found that the use of environmental, social and governance (ESG) principles when investing is on the rise, but misconceptions remained. The survey found, among other things, that […]
A Hedge Fund Manager Who Invested In Whole Foods Just Put His $70m Hamptons Beach House On The Market
(The Business Insider) Three years after buying the most expensive home in US history, hedge-fund manager Barry Rosenstein is putting another of his homes on the market for $70 million. Located in the Hamptons, the home was purchased by Rosenstein […]
Threat To City As 20 Big Banks Including HSBC Support New Clearing Bid
(HITC) The threat to London’s dominant clearing industry intensified after 20 major banks threw their weight behind a new rival service on the continent. The UK’s biggest bank, HSBC, and Spain’s BBVA joined the likes of US giants JP Morgan […]
Quant Strategies in the Cryptocurrency Space
(Harvest) We focus on seven cryptocurrencies namely Bitcoin, Ethereum, Ripple, Litecoin, Dash, NEM and Monero that were selected on having at least one year of trading history, which is essential for backtesting. The analysis covers the following strategies: Size, Momentum, […]
Hedge Fund Bet On Glencore Backfires With $100m Loss
(Reuters) London hedge fund giant Lansdowne Partners lost $100 million from a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise. For Lansdowne, that bet had generated returns in 2014 and 2015, […]
Global Fund Managers Have Antipodal Views On China, Are Emerging Market Fans
(Reuters) China is off limits for some of the world’s big investment managers because of its corporate governance and policy issues while for others, the technological advances in the world’s second biggest economy offer unbeatable opportunities.One of the most notable […]
A Hedge Fund Manager Committed Fraud. Would the US Let Him Go?
(New York Times) Forty inmates lined up for the daily mail call at the Fort Dix Federal Correctional Institution, a complex of low-slung brick buildings in the middle of New Jersey. It was July 2012, and one of the inmates […]
These Venezuela-Dedicated Hedge Funds Lost Faith in Their Bond Bets
(Bloomberg) It may be in their name, but Venezuelan-dedicated hedge funds aren’t so dedicated to Venezuela anymore. Even the boldest money managers are losing hope that the oil-rich nation can keep servicing its debt. Russ Dallen, who oversees the Venezuela […]
Advice to Hedge Fund Managers on Attracting, Retaining Investors
(All About Alpha) Managers may need such advice, because the investors surveyed said they are more likely to decrease allocations to hedge funds in the next three years than they are to increase them. Further, 30% of the investors said […]
Latest Tax Plan Would Hit Activist Funds Hardest
(The Street.com) The latest approach to carried interest is bad news for activists like Bill Ackman and Jeff Smith. But Stephen Schwarzman just can’t stop smiling…. To read this article: