Category Archives: Syndicated
Hedge Funds Pile in to Long Bets on Bonds Just as Dangers Build
(Bloomberg) The fast money in the $14 trillion Treasuries market may turn out to be too slow. For the first time since July, hedge funds and other large speculators are bullish on Treasuries across the yield curve, U.S. Commodity Futures […]
John Paulson’s Fall From Hedge Fund Stardom
(New York Times) John A. Paulson is one of the best-known names in the hedge fund industry. But these days, Mr. Paulson is having more success in the political realm than he is managing his business. Mr. Paulson, 61, was […]
Trio of Banks Subpoenaed as Treasury Market Probe Continues
(FINalternatives) Several Wall Street banks were subpoenaed last month by U.S. federal prosecutors investigating possible manipulation in the $14 trillion U.S. Treasuries market. The banks include UBS, BNP Paribas and Royal Bank of Scotland, according to a Reuters article. To […]
Will Trump ‘Do a Big Number’ on the Big Banks?
(New York Times) For a brief moment, Wall Street stopped on Monday, as if time was suspended in an alternative reality. President Trump, for the first time as resident of the White House, said aloud that he was considering breaking […]
Theranos Settles Suits Accusing Startup of Duping Hedge Fund
(Bloomberg) Theranos Inc. agreed to settle an early investor’s claims that the embattled blood-testing firm misrepresented its performance and technology in order to raise more than $96 million in funding. Partner Management Fund LP will drop two lawsuits related to […]
CalSTRS Considering New Engagement Push
(Pension & Investments) The chief investment officer of the $202.1 billion California State Teachers’ Retirement System, West Sacramento, says the pension plan will be examining the merits of a new engagement program that would be internally managed and make direct […]
AllianceBernstein Refuses to Give Specifics on CEO’s Ouster
(New York Post) Here’s $99 million. Now get out. In a surprise move that left Wall street flummoxed, AllianceBernstein on Monday ousted Chairman and CEO Peter Kraus, who had led the firm for eights years, as well as all nine […]
Elliott Said to Meet BHP Investors as Fund Urges Overhaul
(Bloomberg) Elliott Management Corp. is meeting with BHP Billiton Ltd. shareholders in Australia as the activist investor urges BHP to overhaul its businesses….. To read this article:
Ex-Eaton Vance portfolio manager to plead guilty to fraud in U.S. court
(Reuters) A former Eaton Vance Corp portfolio manager has agreed to plead guilty to having engaged in a fraudulent scheme involving call options that enabled him to illegally make $1.9 million, according to papers filed in Boston federal court on […]
HFR: Billion-Dollar Club Sees 2016 AUM Dip For First Time Since Financial Crisis
(FINalternatives) The exclusive club of hedge funds managing at least $1 billion in assets saw their AUM decline in 2016, the first calendar year since the global financial crisis to see a drop, according to new data from Hedge Fund […]
Hedge Funds Identify AI, Mobility and Data Governance as Key Themes During Indus Valley Forum
(FINalternatives) Hedge fund managers are concerned about artificial intelligence, cloud-based platforms that increase mobility, and data governance, according to new data gathered during alternative asset technology specialist Indus Valley Partners’ annual Mind Meld Hedge Fund Forum held in late April. […]
Fortress Said To Mull Sale of Logan Circle Partners
(FINalternatives) Alternative investment management giant Fortress Investment Group is reportedly exploring the sale of its Logan Circle fixed income asset management division. To read this article: