Category Archives: Syndicated
How Trump’s Tax Plan Could Make the ‘Hedge Fund Guys’ Richer
(Yahoo) The singe-page tax plan put forth by the White House last week makes no mention of taxes on so-called carried interest, income claimed by hedge fund and private equity managers that is taxed at a lower rate than ordinary […]
Ex-RBC Trader Damian Edwards Starts Asia Event-Driven Hedge Fund
(Bloomberg) Damian Edwards, a former managing director at Royal Bank of Canada, is starting an Asian event-driven hedge fund to take advantage of a surge in mergers and acquisitions in the region. Metrica Partners Pte plans to start this month […]
Puerto Rico Faces Hedge Fund Lawsuits as US Reprieve Ends
(Bloomberg) Puerto Rico is facing a fresh round of creditor lawsuits after a temporary reprieve on litigation was lifted, exposing the distressed Caribbean island to the consequences of the defaults on much of its $70 billion of debt. Hedge funds […]
Hedge Fund Marcato Up 6% in 2017 After Strong April
(Reuters) Activist hedge fund Marcato Capital Management, which is currently seeking to oust the chief executive at Buffalo Wild Wings, has gained 6 percent in the first four months of 2016. The San Francisco-based hedge fund returned 3 percent in […]
It Took a Baby Hedge Fund to Demand that Etsy Behave Like a Grown-Up
(Dealbreaker) It’s miraculously taken more than two years for someone to realize that Etsy is a totemic example of a public company subconsciously calling out in the darkness of its own confusion for the sweet release of shareholder activism. But […]
CFA Institute Mulls Adding ‘Big Data’ to Financial Analyst Exam
(Reuters) The CFA Institute will weigh changing its formidable exam to tackle artificial intelligence and the “big data” investors cull for an edge in markets, a senior official from the U.S. accrediting group said on Tuesday. The institute’s Chartered Financial […]
Oil Prices Fall as Hedge Funds Throw in the Towel
(Oil Price) Oil prices fell on Monday and Tuesday as hedge funds and money managers have started to cut bullish positions in oil in a reaction to quickly growing supply… To read this article:
The More Likely Reflation Trade is in Europe
(Harvest) Political risk may have ratcheted lower after the first round of the French presidential election. But the latest jump in asset prices across Europe appears to have tailwinds well beyond politics. To read this article:
The Mirror Image of the Weak Q1 GDP Reading
(Harvest) The first quarter economic headline is quite negative, and to be sure, concerning underlying data points are present. But it’s not uniformly negative, with other data points suggesting higher growth ahead. To read this article:
Einhorn’s Greenlight Capital Said To Lose 1% in April
(FINalternatives) David Einhorn’s hedge fund Greenlight Capital reportedly dipped 1% in April, underperforming the 1.2% gained by the S&P 500 Total Return Index during the period. To read this article:
Fertitta Brothers Launch $500M Investment Fund
(FINalternatives) Fresh off their $4 billion sale of mixed martial arts promotion company UFC last year, the Fertitta brothers have launched a $500 million private investment firm that will focus on consumer-facing companies in the technology, media and entertainment sectors. […]
Court Dismisses Key Claims in Short-selling Conspiracy Case
(HFMWeek) A New Jersey court has dismissed the key statutory claims of collusion between short-selling hedge funds including Third Point and SAC Capital after an 11-year battle. In the Superior Court of New Jersey Appellate Division today, Judge Fisher dismissed […]