Category Archives: Syndicated
Get To Know The Types Of Diversification Because It Matters For Long-term Performance
(Harvest) Mispricing risks can be taken advantage of over the short-run, but are unlikely to last and will diminish as more investors invest in these opportunities. Priced sources of risk are perhaps the most critical focus for portfolio managers because […]
Activists Notch Victory As Clariant-Huntsman Merger Canceled
(FINalternatives) The $20 billion merger struck last May between Swiss specialty chemicals maker Clariant and U.S. group Huntsman was scuttled on Friday, handing a victory to activist investors who have agitated against the deal as destructive to shareholder value. To […]
Prophecy Seeds Hedge Fund Formed By MIT Students
(FINalternatives) Hedge fund seeder Prophecy Asset Management has allocated $30 million to a new long/short equity strategy created by Boston-based Birch Island Capital, an investment company formed by a group of current MIT students majoring in economics, finance and computer […]
Hexagon’s CEO Pleads Not Guilty At Norway Insider Trading Trial
(Reuters) Hexagon AB (HEXAb.ST) Chief Executive Ola Rollen, one of Sweden’s best known business leaders, pleaded not guilty on Monday at the start of a trial for suspected insider share trading in Norway. If convicted, Rollen faces up to six […]
Mercer Hedge Fund Tax Dispute Moves to IRS Appeals Office
(Bloomberg) A tax dispute involving Renaissance Technologies, the hedge fund firm whose co-chief executive officer is a prominent backer of President Donald Trump, is advancing to a new phase. Members of the Internal Revenue Service’s Office of Appeals are scheduled […]
Activist White Tale Demands Clariant Board Seats, Review
(Reuters) White Tale Holdings, the activist investor that thwarted a $20 billion merger between Clariant and U.S. rival Huntsman, on Monday demanded three seats on the Swiss chemical maker’s board and an independent strategic review of the business. The companies […]
Fed Up With Stocks, Canada Hedge Fund Turns to PE, Gains 88%
(Bloomberg) The manager of one of Canada’s top-performing hedge funds says ETFs have made it difficult to make money in small-cap stocks, so he’s shifting his focus to private equity instead. Toronto-based Goodwood Inc., with about C$100 million ($78 million) […]
Hedge Funds Pile Into a Beef Rally
(Bloomberg) Even a boom in beef supplies hasn’t kept hedge funds from stampeding into the cattle market thanks to robust global demand for the meat. Strong U.S. exports have helped to offset a jump in domestic supplies. Americans are chowing […]
Star Manager Sees Russian Stocks as ‘Super Cheap’
(Bloomberg) Rajiv Jain is unfazed by one of the world’s worst-performing stock markets. While Russia’s equities benchmark has declined 4 percent this year amid a global rally, the former star fund manager at Vontobel Holding AG has turned bullish on […]
This Company Added the Word ‘Blockchain’ to Its Name and Saw Its Shares Surge 394%
(Bloomberg) A British company that has been investing in internet and information businesses is having its best day on record. On-line Plc jumped as much as 394 percent on Friday after announcing plans to change its name to On-line Blockchain […]
Deutsche Bank Investment Banking Boss Sues for $13m Bonus Awards
(HITC Business)Deutsche Bank was sued by Colin Fan, the former co-head of its investment banking unit, for at least $13m over unvested share awards the firm said were canceled after a probe into personal trades that breached conflict-of-interest rules… To […]
Analyzing Investment Performance: Short-Term and Long-Term
(Harvest) Unlike most professions, a rookie investor can do better than a professional over the short term. You’d never expect an amateur to beat Roger Federer in a tennis match but plenty of amateur’s portfolios will outperform Warren Buffet over […]