Category Archives: Syndicated
Nestle Plans $20.8 Billion Share Buyback After Third Point Pressure
(CNBC) Nestle announced plans to buy back as much as 20 billion Swiss francs ($20.79 billion) worth of shares over three years, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company. To […]
Here’s Why Robots Should Take the Fed’s Job
(Harvest) The Federal Reserve hiked interest rates again last week.Higher rates aren’t entirely bad. They might help savers holding cash—though I wonder why anyone would still hold cash after almost a decade of punishment. The Fed has forced Americans into […]
Growth Spurt for Active Managers
(Harvest) US growth stocks surged in the first half of 2017, fueled by mega-cap technology companies. Active managers of growth portfolios have done especially well, reinforcing the case for stock-picking strategies. Last year was tough for investors in US growth […]
Preqin: European Hedge Fund Industry Contracted In 2016
(FINalternatives) The European hedge fund market contracted last year as redemptions continued and AUM declined, according to new data from Preqin, although performance has been positive in eleven of the past twelve months. To read this article:
These Are The 11 Biggest Hedge Funds in The World
(The Business Insider) 2016 was a tough year for hedge funds. The industry as a whole only delivered a 5.4% return for clients, well below the S&P 500’s return of 11.9%, according to data from eVestment. Poor performance and high […]
Loeb’s Third Point Takes $3.5B Stake in Nestle, Outlines Recommendations
(FINalternatives) Activist investor Dan Loeb has taken aim at global food maker Nestle, disclosing a 40-million share stake in the firm worth some $3.5 billion and urging Europe’s most valuable company to take steps to improve shareholder returns, including raising […]
Shkreli’s Jury Pool Calls Him ‘an Evil Man’ and ‘a Snake’
(Bloomberg) Martin Shkreli is infamous. That’s making it tough to find a jury of 12 for his criminal fraud trial in Brooklyn, where he’s even being blamed for other pharma executives’ bad behavior, such as raising the price of the […]
Hedge Fund Paulson & Co Discloses 6.3 Percent Stake In Valeant
(Reuters) New York-based hedge fund Paulson & Co on Monday reported a 6.3 percent stake in embattled Canadian drugmaker Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N).The disclosure comes a week after billionaire investor John Paulson, whose hedge fund firm is the […]
Hedge Funds Abandon All Hope in OPEC
(Reuters) “All hope abandon, ye who enter here,” is the warning inscribed above the gate of Hell, according to the Italian poet Dante Aligheri (“The Divine Comedy”, Inferno, Canto III, 1308-1320).Hedge funds and other money managers appear to have entered […]
Hedge Funds Hike Bearish Bets on Softs to Record High – ‘Heralding Price Gains’
(Agrimoney) Hedge funds turned record bearish on soft commodities, raising ideas that prices are vulnerable to an upward spike from a change in sentiment, but continued to cut short bets on wheat, crystallising losses. Managed money, a proxy for speculators, […]
A New Way to Lower Risk?
(Harvest) ESG investments have strong potential for mitigating risk by providing earnings stability. Highly rated ESG companies may do more than benefit society—they may benefit your portfolio too. To read this article:
Co-op Bank Cancels Sale Process, With US Hedge Funds Potentially Injecting New Capital
(CNBC) The Co-operative Bank has cancelled plans to sell itself as talks with existing investors, which include several U.S. hedge funds, to recapitalize the troubled U.K. lender reach an advanced stage. To read this article: