Category Archives: Syndicated
Artis Capital Management Settles SEC Allegations Related to Insider Trading Case
(FinAlternatives) Artis Capital Management has settled accusations by the U.S. SEC that it failed to detect insider trading by an employee. To read this article:
Churchill Asset Management Hires New Managing Director.
(FinAlternatives)Churchill Asset Management announced that Leland Richards has joined the firm as a managing director. To read this article:
SS&C GlobeOp Hedge Fund Performance Index Up 0.88% in September
(FinAlternatives) Hedge fund returns as tracked by global administrator SS&C GlobeOp were in the green for the third straight month in September, while asset flows tipped negative. To read this article:
Big Winner From London’s Brexit Exodus Isn’t Even in Europe!
(Bloomberg) New York, even more than Frankfurt or Paris, is emerging as a top candidate to lure banking talent if London’s finance industry is damaged by Britain’s divorce from the European Union, according to politicians and industry execs.. To read […]
Nordea’s $22 Billion Flagship Fund Is Now Betting on the Pound
(Bloomberg) Nordea Bank’s Stable Return fund, Europe’s fastest growing asset manager, is betting the British pound is now on its way up. It’s a shift of strategy from earlier this year…. To read this article:
Humiliated Stock Picker Who Sold His Firm for $31 Is Back on Top
(Bloomberg) The 3,240 yen ($31) of cash framed on Hideto Fujino’s desk is a constant reminder of his greatest humiliation. The money, barely enough for dinner at the Thai restaurant downstairs from his office, was Fujino’s payout from a 2009 […]
This Venture Capitalist Proves Himself As A Hedge Fund Manager
(CNBC) During the past few years, a number of major hedge-fund investors have put money into young, private companies to test their chops as venture capitalists. But in a rarer move, at least one prominent venture capitalist, Chamath Palihapitiya, is […]
China Hedge Funds Claw Back From Losses as Market Swings Subside
(Bloomberg) Some of the largest China-focused hedge funds are reversing losses they posted early this year as the stock market recovers, although a comeback remains elusive for the industry as a whole. The $1.5 billion Greenwoods Golden China Fund and […]
Hedge Funds Trim Record Bearish Wheat Wager as Demand Climbs
(Bloomberg) There are finally some signs of life in the wheat market.Prices surged last week by the most in 15 months after the U.S. Department of Agriculture unexpectedly cut its forecast of global inventories. That was fortuitous for some speculators. […]
SS&C GlobeOp Hedge Fund Performance Index Up 0.88% in September
(FinAlternatives) Hedge fund returns as tracked by global administrator SS&C GlobeOp were in the green for the third straight month in September, while asset flows tipped negative. To read this article:
First FCPA Case Against Hedge Fund
(The National Law Review) On September 29, 2016, the Securities and Exchange Commission (the “SEC”) announced that Och-Ziff Capital Management Group (“Och-Ziff”) agreed to pay nearly $200 million to the SEC to settle civil charges of violating the Foreign Corrupt […]
AllianceBernstein’s $7 Billion AIG Outflow Ends Six-Year-Old Tie
(Bloomberg) AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the “most significant” driver of outflows last month as the […]