Category Archives: Syndicated
Dyal Capital Partners Takes Minority Stake in Atalaya Capital Management
(FINalternatives) Dyal Capital Partners has entered into a primary transaction with Atalaya Capital Management that will see the Neuberger Berman unit become a passive, non-voting minority partner in the alternative private credit manager. Terms of the transaction were not disclosed, […]
Inside the Red-Hot Stock Fund That’s Turning Down New Money
(Bloomberg) Whether she’s sipping tea with Indian dairy farmers or interrogating company executives in a Hong Kong skyscraper, Elina Fung brings the same techniques to finding stock market winners. During multiple trips to central India — and many cups of […]
Meister’s Corvex Ups Stake In Energen, Ramps Up Pressure
(FINalternatives) Keith Meister’s activist hedge fund Corvex Management LP has raised its stake in oil and gas producer Energen to 7.6% and criticized the company’s decision to maintain the status quo following a review of strategic alternatives. In late May, […]
Iron Ore Gets a Break—But This Hedge Fund Says It’s Going Lower
(Bloomberg) Iron ore’s finally catching a break with a jump back into the $60s a ton. But don’t bank on the recovery lasting through to the year-end, according to Academia Capital, a commodities and emerging markets-focused hedge fund, which warns […]
Machine Learning’s Mediocre Gains
(Bloomberg) Hedge funds using vast amounts of data, computing power, and machine-learning techniques to make money are drawing investors’ attention. But their brief track records show they suffer the same shortcomings as their more traditional peers. The Eurekahedge AI Hedge […]
Fund Manager Trains Algos to Copy His Brain
(Bloomberg) Since he left his job as hedge-fund manager last year, Muhammed Yesilhark has spent his days teaching computers to pick stocks like he did in his 12-year career. By the end of the year, the former head of European […]
Waymark Tech Debuts AI-Assisted Tool To Spot Regulatory Crossovers
(FINalternatived) Regtech specialist Waymark Tech has launched a new tool that automatically identifies a company’s regulatory crossovers and conflicts between incoming regulations, such as MiFID II, GDPR, and PRIIPS. To read this article:
Hedge Fund Bosses Make the Case for Humans
(Bloomberg) Humans won’t be obsolete in this lifetime. That’s what a quartet of money managers have posited in recent weeks as new technologies rewire finance, threatening to supplant the industry’s rank and file. Winton, a $30.6 billion hedge fund that’s […]
Hedge Funds Hold Near-Record Short Positions In Petroleum
(Reuters) Oil prices have been rising gently during the past four trading sessions despite concerns about the continued rise in the U.S. rig count and enormous excess inventories. Front-month Brent futures prices are up by about $2 a barrel since […]
Bill Ackman’s Big Triumph Becomes His Big Problem
(Bloomberg) Most of the time, securities class-action lawsuits are nothingburgers. A company’s stock price drops unexpectedly, some plaintiffs’ lawyers sue on behalf of supposedly aggrieved investors, and after a year or two of legal wrangling, the parties settle for what […]
Hedge Fund Executive Scaramucci Lands Post at Export-Import Bank
(Reuters) Hedge fund industry executive Anthony Scaramucci, an advisor to U.S. President Donald Trump, has been named chief strategy officer of the U.S. Export-Import Bank, a source familiar with the appointment said on Tuesday. Scaramucci, a Republican fundraiser, has been […]
World’s Biggest Wealth Fund Refuses to Be Silenced
(Bloomberg) Investors are increasingly serious about their environmental, social and corporate governance duties, withholding investment from industries they deem to be damaging the planet or society and using their votes to steer companies onto better paths. But that only works […]