Category Archives: Syndicated
Opening Fanfare Then Little Action For Hong Kong-Mainland China Bond Link
(Marketwatch) China’s bond market showed little reaction as Beijing and Hong Kong opened a trading link giving global investors additional access to the world’s third-largest debt market. Despite fanfare at the opening ceremony in Hong Kong for the so-called Bond […]
Hedge Funds Walk Into Bear Trap in Oil
(Reuters) Hedge fund managers had amassed a record number of short positions in petroleum futures and options by the start of last week, which primed the oil market for a sharp short-covering rally at the end of the month. Hedge […]
Hedge Funds Wrong-Footed, Again, by Downbeat Grain Bets
(Agrimoney) Funds are likely to be forced into a round of short-covering in grains, putting further upward pressure on futures, after being caught out again by betting on lower prices just ahead of bullish news. Managed money, a proxy for […]
A New Survey Shows a Lot of Young Wall Streeters Want Out
(The Business Insider) This chart should concern Wall Street. A survey of 300 finance professionals with six to 10 years of post-MBA experience by the Toigo Foundation and Russell Reynolds Associates, a New York-based executive-search firm, found 50% of finance […]
Glitch Causes Prices of Apple, Google, Other Stocks to Appear Off
(The Business Insider) The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the largely […]
Jana Aims to Scuttle EQT’s Buyout of Rice
(Reuters) Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc. The move, which threatens to scuttle […]
The Disconnect Between Hope and Reality
(Harvest) For the past five years, Legg Mason’s groundbreaking survey has provided you with invaluable insight into investors’ motivations, biases and the complex, ever-evolving landscape they must navigate. Is the shadow of the global financial crisis still dimming investor optimism? […]
Several Hedge Funds Get Hurt as Rite Aid Deal Folds
(Bloomberg) Rite Aid Corp.’s merger with Walgreens Boots Alliance Inc. has gone up in flames, burning some hedge funds in the process. Walgreens announced last week that it would scrap the takeover of the drugstore rival after a host of […]
Hedge Fund Renaissance Picks Winner as Japan Stock Surges 1,813%
(Bloomberg) In late March, a headline flashed across the Bloomberg terminal: Renaissance Technologies holds 5.43 percent of CyberStep Inc. It turned out to be one smart bet. The Tokyo-based developer of online games, which few outside the industry would have […]
A 33-Year Old Hedge Fund Manager is Hoping to Raise at Least $200 Million For a New Fund
(The Business Insider) A credit trader at the London office of Eric Mindich’s $7 billion New York hedge fund, Eton Park, which said about three months ago that it was shutting down, is looking to open his own firm, three […]
Pantera Capital Targets $100M For New ICO-Focused Hedge Fund
(FINalternatives) Digital currency investment specialist Pantera Capital is launching a new hedge fund that will focus on investments into the initial coin offerings (ICOs) of start-up companies working in the blockchain space. To read this article
Asian Shares Pare Best Annual Start Since 2009 as Quarter Ends
(Bloomberg) Asian stocks fell, paring their best start to the year since 2009, with technology shares leading declines amid heightened volatility. The MSCI Asia Pacific Index dropped 0.6 percent to 4:08 p.m. in Hong Kong, paring its advance so far […]