Category Archives: Syndicated
Institutions Aim to Boost Bets On Hedge Funds, Private Equity
(Reuters) The majority of institutional investors worldwide are seeking to increase their investments in riskier alternatives that are not publicly traded such as hedge funds, real estate and private equity over the next one to two years to combat potential […]
Tech Investor Glade Brook to Shut Hedge Fund, Favors Narrower Bets
(Reuters) Glade Brook Capital Partners LLC is shutting its original hedge fund in favor of a new series of vehicles focused on big bets in public securities, it said in a letter to investors on Tuesday.The change comes as the […]
Cohen’s SAC Capital in $135 mln Settlement with Elan Investors
(Reuters) Billionaire Steven A. Cohen’s former hedge fund SAC Capital Advisors LP will pay $135 million to settle a lawsuit by investors in the drugmaker Elan Corp, who said they lost money because of insider trading by one of his […]
Ex-Goldman Banker Likely To Be Nominated As Treasury Chief
(New York Post) A Goldman Sachs alum and movie producer is expected to be nominated as the next treasury secretary. Steven Mnuchin is likely to get the nod from President-elect Donald Trump as early as Wednesday, multiple outlets reported Tuesday…. […]
Dollar Heads for Biggest Monthly Advance Against Yen Since 2009
(Bloomberg) The dollar was on pace for its best month against the yen since 2009 as signs of U.S. economic strength spurred bets that monetary tightening will accelerate. The greenback has risen more than 7 percent in November amid speculation […]
U.S. Regulators Probing Bankrupt Energy Firm Linked to Platinum Partners
(FinALternatives) At least four U.S. agencies are investigating former officials of a now-bankrupt oil and gas company once majority-owned by Mark Nordlicht’s troubled Platinum Partners, according to a legal filing submitted last week. To read this article:
Pershing Square Asks SEC for Exemption After Campaign Donation
(FinAlternatives) Bill Ackman’s Pershing Square Capital Management has asked the SEC to be exempted from possibly having to return fees earned from managing money for the Massachusetts state pension fund, after a former employee’s $500 donation to a family friend’s […]
Portfolio Positioning in an Evolving Interest Rate Environment
(Harvest) The market environment for income focused investors has changed substantially since yields bottomed this summer, and in particular since the presidential election. The large move in rates has effected all types of income sectors including dividend stocks and bonds. […]
The World Is Feeling the Might of China’s Commodity Traders
(Bloomberg) The Chinese speculators shaking up global commodity markets are switched-on, flush with cash and probably not getting enough sleep. For the second time this year, trading has exploded on the nation’s exchanges, pushing prices of everything from zinc to […]
Hedge Fund Calls For Removal of First NBC Bank CEO
(Reuters) A shareholder of First NBC Bank Holding Co has called for the chief executive officer’s removal, saying a change at the top would give more confidence to the New Orleans lender’s investors. Activist hedge fund Clinton Group, which has […]
Albourne to Launch Hedge Fund ‘Price Discovery’ Initiative
(HFMWeek.Com) Albourne Partners is pushing to make hedge fund pricing more transparent and wants to take a leading role in facilitating negotiations between investors and managers. The specialist investment consultant, which works with 257 clients investing over $400bn in alternatives, […]
Wealth Management’s Changing Landscape: Women & Millennials
(Harvest) As consumers and investors, women are changing the way society interacts with its money by consistently making more holistic decisions than men about how they spend, save and invest their money. Currently, women directly control 39% ($11.2 Trillion) of […]