Category Archives: Syndicated
Top Nordic Hedge Fund Delivers 30% Return With Activist Agenda
(Bloomberg) Telling top management what to do is paying off for this Nordic hedge fund.“If you’re just a shareholder you can express your views but the company forgets about it when you leave the room,” Henri Osterlund, founding partner of […]
The CEO of the World’s Largest Hedge Fund Says Populism is Now No. 1 Market Concern
(CNBC) The rise of populism across developed nations is now more important than central banks for global market participants, Ray Dalio, the founder and co-chief investment officer at Bridgewater Associates, said Wednesday. Dalio…said that populism, which includes negative views on […]
‘Clinton Cash’ Book Got Most of Its Funding From One Hedge Fund Star
(Bloomberg) The nonprofit group behind the bestseller “Clinton Cash,” whose investigation of dealings by Hillary Clinton and her family furnished ammunition for Donald Trump in last year’s presidential campaign, got two-thirds of its funding from a single hedge-fund manager. Robert […]
This Hedge Fund Says China’s Next Big Short Is Stocks
(Bloomberg) When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers against Chinese stocks. Smith, […]
Belgrave Capital Management Unveils New UCITS-Compliant Fund of Funds
(FinAlternatives) London-based Belgrave Capital Management, a unit of Swiss financial services company Banca del Ceresio, has launched a new UCITS-compliant fund of funds strategy aimed at providing exposure to a number of leading equity managers. To read this article:
State Street To Pay $64.6M To Resolve U.S. Probes
(FinAlternatives) State Street will pay $64.6 million to resolve U.S. investigations into what prosecutors said was a scheme to defraud six clients through secret commissions on billions of dollars of trades, authorities said on Wednesday. To read this article:
The Case for Currency-Hedged Japanese Stocks
(Harvest) We see a strong case for Japanese stocks on a currency-hedged basis, as this week’s chart helps explain. We believe they should disproportionately benefit from global reflation, as well as a potential pickup in Japanese growth ahead. A weak […]
Greenlight’s Einhorn Sticks With What He Likes, Raises Stake in GM
(Reuters) David Einhorn’s hedge fund Greenlight Capital, which gained 8.4 percent in 2016, said on Tuesday it raised its stake in General Motors, already the firm’s biggest position, and still likes Apple Inc but is betting that companies like Caterpillar […]
BofAML Survey: Trump Trades Fade As Investors Sweat Strong Dollar, Policy Dangers
(FinAlternatives) Investors have begun fretting more about Donald Trump’s economic policies and the increasing potential for U.S. policy errors, according to a new survey of fund managers from Bank of America Merrill Lynch, pushing cash levels higher even as expectations […]
Blackrock Demands Cuts to Executive Pay and Bonuses
(HITC Business) The world’s largest fund manager is threatening to unleash a fresh wave of shareholder rebellions in the UK unless Britain’s largest companies rein in excessive boardroom pay… To read this article
Trump Commerce Nominee Wilbur Ross to Divest Stake In PE Firm
(FinAlternatives) Nominated to be Commerce Secretary in the incoming Trump Administration, distressed investing guru Wilbur Ross has pledged to sell his stake in his main private equity firm and resign from corporate boards in order to prevent potential conflicts of […]
Eurekahedge: Industry AUM Contracts $12.2B in 2016 Despite +4.48% Return
(FinAlternatives) Assets in the hedge fund industry contracted by $12.2 billion in 2016 as persistent redemption pressures resulted in steep net outflows of $42.5 billion for the year, according to the new research from data provider Eurekahedge. To read this […]