Category Archives: Syndicated
New Stock Exchange Trying to Thwart High-Speed Traders and Offer Better Prices is Apparently Working
(CNBC) IEX, or The Investors Exchange, is offering the best “effective spread” for most S&P 500 stocks since its launch last year, according to new figures from Yale. IEX’s battle against high-speed traders was chronicled in Michael Lewis’ “Flash Boys.” […]
Using Hedge Pricing as a Weapon – The Firms With Scale Will Squeeze Smaller Firms
(Harvest) The idea that hedge funds are getting 2/20 for management fees is becoming a myth. Dynamic pricing is being used more aggressively by hedge funds with a wide range of management and incentive fee options. For example, in the […]
Stop Chasing Spectacular Returns. Go for Consistency
(Harvest) There are two big concerns when it comes to the general outlook for financial markets. One is the high valuation of equities, and the other is the direction of interest rates. Following the U.S. presidential election, there was a […]
The Mega-Money Manager Killing His Automated Competition
(Bloomberg) Pimco chief investment officer Dan Ivascyn is leading the firm with a combination of bold risk-taking and cool-headed caution….. To read this article:
A&P Emerging Managers Index Down -0.29% in June; +5.07% In First Half
(FINalternatives) Emerging hedge funds posted a mixed but steady month in June, according to new data from Advisors & Partners, ending five consecutive months of positive performance. To read this article:
Ares Management Prices Third CLO Of 2017 At $1.1B
(FINalternatives) The credit division of global asset manager Ares Management has priced its latest collateralized loan obligation at $1.1 billion, the second largest CLO in the firm’s history. To read this article:
Sears Inks $200m Credit Line From CEO Eddie Lampert’s Hedge Fund, Shares Jump 9%
(CNBC) Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert’s hedge fund, the retailer said Monday. Sears’ stock climbed about 9 percent higher Monday morning following this news. To read this […]
Why the Massive Rise of ETFs May Be Just Getting Started
(CNBC) BlackRock CEO Larry Fink believes growth of the funds could be in its early stages, even with assets just passing $3 trillion. The iShares family saw a record net inflow of $73.8 billion in the second quarter, pushing total […]
Hedge Funds Buy Grains at Record Pace, as Weather Woes Threaten Crops
(Agrimoney) Expectations grew of a pullback in grain prices after data showed hedge funds having already been “much, much more active” in buying than had been expected, provoking doubts over appetite for further purchases. Managed money, a proxy for speculators, […]
Altana Launches UCITS Version Of Long/Short Systematic Equity Strategy
(FINalternatives) Lee Robinson’s alternative asset manager Altana Wealth has launched a UCITS-compliant version of its systematic long/short U.S. equity fund that aims to generate alpha by filtering director’s transactions in large and mid-cap stocks. To read this article:
Global Funds Scramble To Be Early Birds In China’s MSCI Entry
(Reuters) Global fund managers are ramping up their presence in China, aiming to be well ahead of next June’s inclusion of mainland-listed stocks into MSCI’s benchmark index that is set to boost investment into the economy’s $8 trillion equity market. […]
BlackRock’s Portfolio Rose 16% in the Second Quarter, but Earnings Miss
(HITC Business) The world’s largest asset manager reported second-quarter adjusted earnings per share of $5.24 on revenue of $2.965 billion. In the year-earlier period, the company had posted adjusted earnings of $4.78 per share on sales of $2.804 billion….BlackRock shares […]