(Reuters) Hedge fund manager David Einhorn told investors on Tuesday that his Greenlight Capital made three new investments during the third quarter, including a new bet on chip maker Micron Technology Inc. Greenlight reunited with Micron, which had weighed on […]

(CNBC) Leon Cooperman, chairman and CEO of Omega Advisors, weighed in on President Donald Trump and his efforts with the Republican leaders in Congress to pass tax reform after failing to replace “Obamacare.” “The Republicans can’t go into midterms 0-for-2 […]

(Stamford Advocate) Hedge fund Land and Buildings said this week it planned to call a special meeting of shareholders of Hudson’s Bay Co. as it continues to press for reforms to the embattled retail company.Land and Buildings’ move followed the […]

(CNBC) Canyon Partners Co-CEO Joshua Friedman said he’s finding value in mergers and acquisitions and is “very cautious” on entering the retail space. “We’ve deployed a fair amount of capital recently in oil services,” Friendman told CNBC’s Andrew Ross Sorkin […]

(New York Post) Shareholder activist Graeme Roustan is angling to break up the conglomerate Power Corporation of Canada. Roustan is announcing Tuesday that he has reached out to Power Corp. Chairman and Co-CEO Paul Desmaris Jr. asking for a meeting […]

(Harvest) As portfolio management techniques advanced in the 1970s, it became increasingly important to measure bond performance. So in 1973, a bond index was created, and after a series of acquisitions culminating in 2016, it became known as the Bloomberg […]

(Harvest) We believe the Federal Reserve (Fed) remains on track to raise target interest rates by a quarter-point in December, based on the strength of the U.S. and global economies. A December hike would mark the Fed’s third such rate […]

(FINalternatives) Hedge funds gained again last week as rising equity markets and falling bond yields pushed strong performance at CTAs and global macro funds, according to new research from Lyxor Asset Management. To read this article:

(New York Post) Looks like this Wall Street pro didn’t get away with it.Disgraced HSBC executive Mark Johnson, who was caught on tape bragging he “got away with” ripping off a giant energy company, was found guilty on Monday of […]

(Funds Europe) Hedge fund industry assets under management (AuM) continue to hit record highs, driven in September by strong performance, according to research. According to eVestment’s third quarter Hedge Fund Asset Flows Report, investor redemptions of $2.5 billion (€2.1 billion) […]

(HITC Business) The City’s top watchdog has slapped banking giant Merrill Lynch with a 34.5m fine for not reporting tens of millions of derivative trades over a two year period.The groundbreaking enforcement action by the Financial Conduct Authority (FCA) follows […]

(Bloomberg) Traders in the $14.2 trillion Treasuries market have found a way to avoid fighting the Federal Reserve, or at least its imminent leadership change. To read this article: