Category Archives: Syndicated

Hedge Fund Marcato Sues Deckers Over Board Election

(Reuters) Marcato Capital Management sued Deckers Outdoor Corp on Monday to force the maker of UGG boots to hold its annual meeting and classify the hedge fund’s board nominees so the company could avoid millions of dollars in financial penalties. […]

Hedge fund Baupost snaps up claims against Toshiba

(Reuters) Hedge fund The Baupost Group LLC has acquired the biggest chunk of a $2.2 billion claim that two South Carolina utilities had against Toshiba Corp following the bankruptcy of its nuclear power subsidiary, people familiar with the matter said […]

Future Fund Reports 0.8% Gain For Qtr; Incremental Move to Equities From Cash

(Pension & Investments) Australia’s Future Fund Tuesday reported a 0.8% investment gain for the Sept. 30 quarter, lifting the value of the sovereign wealth fund’s portfolio to A$134.5 billion ($105.2 billion). The latest gain trailed the fund’s 1.4% target return […]

China’s Oil Plans Will Be a “Wake Up Call.”

(Bloomberg) Adam Levinson, of hedge fund manager Graticule Asset Management Asia, said China rolling out a yuan-denominated oil contract within the next two months will be a “wake up call” for investors who haven’t paid attention to the plans. The […]

Momentum Investing Has a Place in Portfolios

(Bloomberg) The S&P 500 has reached almost 50 all-time highs in 2017. Since the start of September alone there have been almost 20 such peaks, which is more than the total number in the entire decade of the 2000s. To […]

Russia Files Interpol Notice Against Hermitage’s Browder

(FINalternatives) Hermitage Capital’s William Browder has been unilaterally placed on Interpol’s wanted list by Russia, the latest twist in the hedge fund manager’s long-running battle with the Kremlin over the death of former Hermitage executive Sergei Magnitsky. Magnitsky, a lawyer […]

Wall Street Traders Jump Into Cryptocurrencies

(CNBC) Intense price swings in cryptocurrencies are luring the highest-volume traders on Wall Street…..Proprietary trading firms, which bet their own capital in markets from stocks to futures, are wading into bitcoin, ethereum and other cryptocurrencies… To read this article:

B Capital Hires Howard L. Morgan as Its New Chairman

(New York Times) The venture capital fund taps a veteran of the start-up world as it looks to broaden its scope beyond Silicon Valley and China… To read this article:

Momentum Building Ahead of Argentina’s Midterm Elections

(Harvest) At the end of August we shared an update on Argentina’s primary elections, Primarias Abiertas Simultáneas y Obligatorias (PASO), noting that the strong PASO results were a good sign for the current administration’s going into the October midterm elections […]

Regulators Can’t Keep Up With Wall Street’s Robot Invasion

(Bloomberg) The technologies revolutionizing Wall Street have left Washington regulators playing a perpetual game of catch up. To read this article:

Credit Suisse Activist Seeks $1 Billion to Back Breakup Plan

(Bloomberg) Rudolf Bohli, the activist hedge-fund manager pushing for a breakup of Credit Suisse Group AG, said he’s in talks with more than 150 potential investors with the goal of raising 1 billion francs ($1.02 billion) for his campaign. To […]

Ainslee’s Maverick Capital Unveils 0% Performance Fee Structure

(FINalternatives) Lee Ainslie’s Maverick Capital hedge fund has become the latest large alternative manager to slash fees to some investors amid disappointing performance in its main fund. To read this article: