Category Archives: Syndicated
Trump Names Goldman’s Cohn to Chair National Economic Council
(FinAlternatives) President-elect Donald Trump has named Goldman Sachs President and COO Gary Cohn as head of the White House National Economic Council, a group that helps develop the president’s economic agenda and coordinates economic policy across agencies. To read this […]
Lyxor: Hedge Fund Index Treads Water As Macro Funds, CTAs Diverge
(FinAlternatives) Hedge funds continued to mark time last week as equity markets churned higher on thinning breadth and bonds dragged lower ahead of the Fed’s meeting this week, according the latest edition of Lyxor Asset Management’s Weekly Brief. To read […]
Scaramucci’s Skybridge Capital Said to be For Sale
(FinAlternatives) Alternative investment manager Skybridge Capital, founded by former Goldman Sachs executive and prominent Trump advisor Anthony Scaramucci, is reportedly for sale. To read this article:
Bill Gates Launches $1 Billion Breakthrough Energy Investment Fund
(Forbes) Billionaire philanthropist and investor Bill Gates is launching a $1 billion fund, called Breakthrough Energy Ventures, to invest in new forms of clean energy. Gates has gathered a group of like-minded investors, including Silicon Valley venture capitalists John Doerr […]
The Crowdsourced Hedge Fund For Machine Learning Experts
(Tech Crunch) Richard Craib believes that some of the best stock pickers aren’t on Wall Street. The former hedge funder came to the realization that tech’s machine learning experts may be able to build better predictive models than those with […]
Horseman Global: Down 13% In October Sticks To Bearish Views; Short Aircraft, Motors Industry
(Valuewalk) Horseman Global, which has been called “the world’s most bearish hedge fund” is having a rough year. According to the fund’s November monthly newsletter, a copy of which has been reviewed by ValueWalk. The fund lost 12.8% for the […]
U.S. Bonus Limits Could Be Doomed
(HITC Business) For years the White House has pushed U.S. regulators to finish writing tough new rules that would restrict bonuses for Wall Street executives, one of the most contentious parts of the Dodd-Frank banking reform law. The chances of […]
This Is Where To Work If You Want The Really Big Bucks
(HITC Business) Incredible. A joint study by The New York Times and Equilar, a board and executive data provider, examined the annual take-home pay of the top-ranking executives at the six private equity firms that are publicly traded. The findings […]
Go Ahead And Jump To Conclusions About That Hedge Funder With The Ferrari
(Dealbreaker) As the stereotype goes, managers who drive hot rods are similarly thrill-seeking in their trading. Turns out the stereotype is true. In a new study, a trio of researchers compared hedge fund returns to car ownership records. Their conclusions […]
Elizabeth Warren Slams the Wrong Hedge Funder
(New York Times) Senator Elizabeth Warren, furious about President-elect Donald J. Trump’s appointments of finance industry insiders, took to Facebook a little over a week ago to fire off a message to her nearly 2.5 million followers. She took aim […]
Trump Sold Stocks, But What About His Hedge Fund Millions?
(CNN Money) Donald Trump no longer owns any stocks. He sold all of them in June…But here’s the catch: Trump wasn’t just invested in stocks. He also had his millions invested in hedge funds. The same conflict of interest concerns […]
SoftBank’s $100 Billion Tech Fund Opens HQ in London’s Mayfair
(Bloomberg) SoftBank Group Corp. has decided to place the headquarters of its $100 billion technology private equity group in the hedge fund heartland of London, and has begun hiring investment advisers. The SoftBank Vision Fund has opened offices in West […]