Category Archives: Syndicated
DTCC white paper sets out framework for assessing fintech impact on financial stability
(Hedgeweek) The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has unveiled a new framework of nine key factors to assess when considering its impact on financial stability. To read this […]
Hedge Funds Bet on Euro to Fatten Up Meager Returns
(Reuters) Hedge funds turned their most bullish on the euro in well over six years last week, betting it will rise in value and put a gloss on what has so far been a mediocre year for returns.The latest futures […]
Berkowitz Liquidates Hedge Fund That Owned Sears Holdings Shares
(Bloomberg)Investor Bruce Berkowitz is shutting his hedge fund and distributing its holdings to investors, including a stake in Sears Holdings Corp. To read this article:
Preqin: All Six Top-Level Strategies Positive in Strong September
(FINalternatives) Hedge funds booked their highest monthly return since January last month, according to new analysis from industry data provider Preqin, and the company’s aggregate measure of the industry reached its highest return at this point of the year in […]
Blockchain Startup Digital Asset Raises $40m
(Reuters) The round brings the total raised by Digital Asset, which is led by former JPMorgan banker Blythe Masters, to $110 million. The company also said it had hired Clyde Rodriguez, a former co-chief technology officer of hedge fund Two […]
Trump Blasts 370% Rally in Insurers and Pushes Down Drug Stocks
(Bloomberg) There are two things President Donald J. Trump seems to enjoy about the stock market: watching it go up during his presidency, and sending down the shares of individual companies with his tweets or remarks…. To read this article:
Activist RBR Capital Advisors Confirms Talks With Credit Suisse
(New York Times) Activist investor RBR Capital Advisors on Tuesday confirmed it has built a position in Credit Suisse and has been talking with the Swiss bank’s management. “We have been in contact with Credit Suisse’s leadership and we will […]
Bitcoin: Boom or Bust?
(Harvest) Most mainstream economic theories utilize a supply and demand driven price determination model that generally results in prices tending towards equilibrium. I say “tending” because most serious scholars admit that behavioral and informational issues can distort the price at […]
American Bulls Clash With Europe’s Bears at World Finance Summit
(Bloomberg) The world economy is either the healthiest it’s been in a decade, poised to continue an epic bull run, or perched on the precipice of another crisis. It just depends what side of the Atlantic you’re on. To read […]
eVestment: Hedge Funds Book Eleventh Consecutive Positive Month In September
(FINalternatives) Hedge funds booked their eleventh straight month of positive returns in September, according to new data from eVestment, as strong trends in equity markets, rates and currencies maintained their momentum into the fall.
Brevan Howard, an $11bn Hedge Fund, Is Betting on Volatility in the World’s Most Important Market
(The Business Insider) Brevan Howard, the London-based hedge fund run by billionaire Alan Howard, is launching a new fund to bet on an increase in volatility in the US Treasury market. The fund, called the Brevan Howard CMS Curve Cap […]
Biggest Bear on Wall Street Tom Lee Throws In the Towel, Raises Year-End S&P 500 Target
(CNBC) One of Wall Street’s biggest bears raised his price target for the S&P 500 on Friday, conceding that he underestimated a number of factors — including tightening credit spreads and strong global growth. Fundstrat strategist Tom Lee raised his […]