Category Archives: Syndicated
U.S. Supreme Court Leans Towards Easier Insider Trading Prosecutions
(FinAlternatives) U.S. Supreme Court justices hearing a closely watched insider trading case indicated on Wednesday that they were leaning towards making it easier for prosecutors to pursue such charges against traders and money managers, but questioned where to draw the […]
Sotheby’s to buy $73.8 mln in shares from activist fund
(Reuters) Sotheby’s plans to buy $73.8 million of stock from Marcato Capital Management, helping the activist investor cut its stake in the auction house by roughly half, according to regulatory filings on Tuesday. The auction house said in the filing […]
Brevan Howard Said to Extend Loss With 0.9% Decline Last Month
(Bloomberg) Brevan Howard Asset Management’s main hedge fund, which has been bleeding assets, extended losses for the year with a 0.9 percent decline in September, according to two people with knowledge of the matter. The Brevan Howard Master Fund, which […]
Goldman Employees to Pull $300 Million From Omega Advisors
(Bloomberg) Goldman Sachs Group Inc.’s retirement plan is pulling about $300 million from Leon Cooperman’s Omega Advisors Inc., marking the second time this year it’s cutting ties with a famous alum who ran afoul of U.S. authorities. The bank informed […]
Reuters Poll: Global Stock Markets Set for Gains in 2017
(Reuters) Global equities should rise modestly next year, held back by concerns about the pace of Fed rate hikes and the diminishing impact of monetary stimulus by central banks, according to a series of analyst and fund manager polls by […]
Alan Howard Caps Main Hedge Fund Assets at $15 Billion, FT Says
(Bloomberg) Brevan Howard Asset Management’s main hedge fund grew too large and will now be capped at $15 billion, founder Alan Howard said in an interview with the Financial Times. The fund climbed to as much as $27 billion before […]
The Supreme Court Will Hear Its First Insider-Trading Case in 20 Years
(Bloomberg) Wall Street figures accused of insider trading are keeping a close eye on a U.S. Supreme Court appeal by a Chicago grocery wholesaler trying to overturn his conviction for buying stock based on information leaked by a relative. The […]
Deutsche Bank Highlights Big Problems for Small Hedge Funds
(CNBC) The role played by hedge funds in the market volatility surrounding Deutsche Bank has once again highlighted the pressures faced by smaller asset managers amid an already challenging climate for the industry. Deutsche Bank CEO John Cryan’s opening line […]
Hedge Fund Targets Companies’ Weakness: The Gender Gap
(New York Times) The chief executive at a plastics company was playing golf. A lot of golf.The activist hedge fund the Barington Capital Group, through a website that tracked golfers’ handicaps, found that the chief executive was routinely playing 18 […]
Hedge Funds Have A Place To Deliver Alpha Pension Funds Need To Meet Expected Returns
(Pension & Investments) Nearly two years after its highly publicized withdrawal from the hedge fund asset class, the California Public Employees’ Retirement System reported a 0.61% net return on investments for its fiscal year ended June 30. While the giant […]
Singapore Fund Managers’ Assets Hit $2.6 Trillion in 2015
(Reuters) Fund managers in Singapore saw a 9 percent increase in assets under management to S$2.6 trillion ($1.90 trillion) in 2015, buoyed by growth in the alternative asset sector, the city-state’s central bank said on Wednesday. Assets under management (AUM) […]
Real and Alternative Assets Outlook
(Harvest) The committee upgraded Directional Hedged Strategies to slight overweight from neutral. Investing conditions over the past year have, for some strategies, been even more challenging than 2008, as high holdings concentration and crowded markets exacerbated poor performance. Redemptions have […]