Category Archives: Syndicated
Two Settle U.S. Charges on Failing to File Stock Buys With Regulator
(Reuters) Danaher Corp co-founder Mitchell Rales agreed to pay $720,000 to settle allegations that he failed to report stock purchases to the government so that they could be vetted to determine if they violate antitrust law, antitrust enforcers said on […]
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 […]
Ex-Goldman Trader’s Macro Hedge Fund Said to Lose 5% in 2016
(Bloomberg) Former Goldman Sachs Group Inc. trader Leland Lim’s macro hedge fund lost 5.1 percent in 2016, even after recovering from steep declines early in the year, according to people with knowledge of the matter. Assets overseen by Lim’s Hong […]
This Hedge Fund Made 37% Betting On Banks In 2016 And Remains Bullish After The Trump Rally
(Forbes) Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the so-called ‘Trump Bump’ because the rally […]
Machine Intelligence and Risk Management, with Jeremiah Lowin
(Harvest) Jeremiah Lowin is probably the smartest guy I know, and that is saying something. He is an expert in the fields of statistics, artificial intelligence, and risk management—among many other things. He is currently the Director of Risk Management […]
This Is The Only Number That Can “Switch Off” The Bull Market
(Harvest) The stock market has enjoyed quite a run since Election Day. But even before Donald Trump surprised the world and won the U.S. presidency, stocks were on an epic run that began in March 2009 at the depths of […]
Some Hedge Funds Strong Start in 2017 Nice Contrast to 2016
(Valuewalk) With the 2016 HSBC Hedge Weekly performance rankings in the books – a year in which the same leader-board entries pretty much dominated unchallenged throughout the year – comes a new leader board that is a hard-scrabble mix of […]
Oil Prices Stall as Hedge Funds Stop Adding to Longs
(Reuters) Hedge fund bullishness towards the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016. Few managers are willing to […]
Expect Hedge-Fund Returns to be More Honda than Rolls Royce, Point72 Says
(Bloomberg) Hedge funds will have to adapt to a more challenging market as investors respond to disappointing returns by demanding their fees back or pulling out altogether, according to Matthew Granade, chief market intelligence officer of Point72 Asset Management.No matter […]
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, […]
High-Speed Traders Are Taking Over Bitcoin
(Bloomberg) Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good […]
5 Big Things to Know About The Bond Market in 2017
(Harvest) Welcome to 2017! It is time to take a look into the crystal ball and try to figure out what the bond market has in store for us this year. Here are the five big things you should keep […]