Category Archives: Syndicated
Hedge Funds Wrong-Footed On Sugar Bets, Cautioned Over Cattle
(Agrimoney) Hedge funds extended bearish bets on agricultural commodities, helped by a record net short in arabica coffee, and selling in sugar which is looking like a strategy in which they are piling up losses. Managed money, a proxy for […]
Col. Jessup, Managed Futures, and Code Red For Liquidity
(Harvest) As we approach year-end, it is a good time to think about liquidity and exit strategies from current allocations. Many alternative investments are just not liquid when you need it, even if it is a daily fund. Of course, […]
Connecticut Hedge Fund Manager Pleads Guilty To ‘Ponzi-Like’ Scheme
(FINalternatives) A Connecticut man has pled guilty to charges he operated a “ponzi-like” scheme to defraud investors in hedge fund Sentinel Growth Fund Management. To read this article:
Ex-Third Point Partner’s Bond Trades Focus of SEC Probe
(Bloomberg) U.S. regulators are investigating whether a top trader who left Dan Loeb’s Third Point hedge fund earlier this year contributed to the mispricing of hard-to-value mortgage bonds, two people familiar with the matter said. To read this article:
Britain’s Taxman Wants to Make Money From MiFID
(Bloomberg) Banks and money managers are waiting to hear if one of life’s certainties — taxes — will apply to investment research payments under MiFID II. As the clock ticks down to the Jan. 3 start of the European Union’s […]
Australia’s Westpac Was A Lead Actor In Rates Rigging, Regulator Tells Court
(Reuters) The Australian corporate regulator accused Westpac Banking Corp (WBC.AX) of playing a leading role in the widespread manipulation of an important financial trading rate as it took the country’s No. 2 lender to court on Tuesday. In an opening […]
Brent Crude Tries New Trading Range As Funds Stay Bullish
(Reuters) Hedge funds have added to bullish positions in oil and most refined products even as prices hit their highest since 2015, in a sign investors expect prices to move into a higher range. Hedge funds and other money managers […]
Pimco Quants Find Stocks Need a Better Hedge Than Just Bonds
(Bloomberg) The old recipe of using bonds to hedge against risks from equity holdings may not be a winner anymore, and investors would be better off with a more complex approach that relies on multiple tactics, according to Pacific Investment […]
Ackman says ADP provided ‘misleading’ claims to ISS
(Reuters) Billionaire investor William Ackman on Monday accused Automatic Data Processing Inc of providing misleading and incorrect claims to Institutional Shareholder Services and asked the proxy advisory firm to reconsider its shareholder recommendations. To read this article:
Wall Street Bonuses Likely to Rise This Year, DiNapoli Says
(Bloomberg) Wall Street bonuses could increase for the second year in a row as profits at securities firms surged in the first half, New York State Comptroller Thomas DiNapoli said. The industry set aside about 4 percent more for compensation […]
Goldman Boss Issues Veiled Threat Over Brexit Job Exodus From London
(The Guardian) The boss of Goldman Sachs has waded back in to the debate over Brexit by issuing another veiled threat about the Wall Street firm’s employment plans in London as a result of the UK’s vote to leave the […]
Interest rates for the ages – “Winter is coming” for bonds but it can take a number of forms
(Harvest) This Bank of England research suggests that bond bears are not just correlated to fundamentals like higher inflation but also underperformance in GDP and equity returns during the 20th century. The author conducts case studies for some of the […]