Category Archives: Syndicated

Late To Be Buying ‘Trump Trade’ As Market Momentum Wanes, Says Gundlach

(FinAlternatives) DoubleLine’s Jeff Gundlach warned on Thursday that the momentum seen in financial markets since the election is “losing steam” and could reverse, perhaps no later than Trump’s January 20 inauguration. Explaining that it was too late to be buying […]

Returns On Floating-Rate Leveraged Loans Hit Four-Year Highs On Fed Anticipation

(FinAlternatives)Floating-rate leveraged loans issued to highly indebted U.S. companies are seeing the highest total returns in four years, according to the S&P/LSTA Leveraged Loan Index, following a selloff in February that brought prices to four-year lows. To read this article:

Hedge Fund Alpha Alive Again? Credit Suisse Has Some Very Interesting Data

(Valuewalk.com) The top performing hedge funds year to date are Convertible Arbitrage, Emerging Markets, according to an October hedge fund performance report published by Credit Swisse prime brokerage unit. The worst performers are…. To read this article:

Hedge Fund Returns Mixed for November After Market Rally

(Reuters) Some big hedge funds got a bump in November after Donald Trump’s surprise U.S. presidential election victory sent stocks higher, but lagged behind the broader market’s gains, according to some early returns.Barry Rosenstein and David Einhorn, both closely watched […]

SS&C completes acquisition of Wells Fargo’s Global Fund Services business

(Opalesque) SS&C Technologies Holdings, Inc., a global provider of financial services software and software-enabled services, announced it completed the acquisition of Wells Fargo’s Global Fund Services business, a provider of comprehensive administration, middle-office, operations, and cash/collateral management services. GFS administers […]

A Hot New Hedge Fund Just Had a Monster Month

(The Business Insider) A hot new hedge fund had a great November. London-based Commodities World Capital returned 9.9% net last month in its third month of trading. That brings its year-to-date returns to 10.07%… To read this article:

Dymon Hedge Fund’s Dollar Bet Yields Bonanza After Trump Rally

(Bloomberg) Dymon Asia Capital (Singapore)’s currency hedge fund gained an estimated 22 percent in the first 25 days of November as bets on weaker Asian currencies paid off, with some investors making triple that gain by putting money into a […]

Highland Capital Seeks to Unmask Author of ‘Defamatory’ Post on Dealbreaker

(Reuters) Highland Capital Management LP on Thursday asked a New York state judge to order the operator of Dealbreaker.com to disclose information that could help it identify whoever posted a comment that the hedge fund firm considered “defamatory.” According to […]

Tiger-Backed Hedge Fund Firm Tyrian to Close

(Reuters)Tyrian Investments LP, the stock-focused hedge fund manager backed by Julian Robertson’s Tiger Management LLC, is shutting down, according to a person familiar with the situation. New York-based Tyrian was founded in January 2010 by Orlando Muyshondt with so-called “seed” […]

Fidelity Survey: 72% Of Global Investors To Boost Allocation to Illiquid Alternatives in 2017/18

(FinAlternatives) Institutional allocations to alternative investments are expected to rise sharply over the next few years, according to the latest Global Institutional Investor Survey by Fidelity. In addition, investors are expected to boost exposures to domestic fixed income, cash and […]

Alphadyne to Spin Off $2 Billion Singapore Hedge Fund Unit

(Bloomberg) Alphadyne Asset Management LLC, a New York-based hedge-fund manager overseeing $4.8 billion in assets, will allegedly separate its Asia team into a new firm. Bart Broadman, a co-founder of Alphadyne and chief investment officer of its Asia strategy, will […]

Trade, Tax Reform Among Top Economic Priorities For Incoming Administration

(FinAlternatives) U.S. Treasury Secretary nominee Steven Mnuchin said on Wednesday the incoming Trump administration would make tax reform and trade pact overhauls top priorities as it seeks to achieve sustained annual economic growth rates of 3-4%. To read this article: