Category Archives: Syndicated
Soros Wagered Deutsche Bank Would Drop in Brexit Turmoil
(Bloomberg) Soros Fund Management took a short position in Deutsche Bank AG of about 7 million shares as turmoil from the U.K.’s decision to leave the European Union sent bank stocks lower. The position taken on Friday was equivalent to […]
Brexit: What Happens Next?
(Harvest) Well, they did it. Brits have voted to leave the European Union. Now what? I wrote last month that Brexit could take a wrecking ball to your portfolio. And judging by the carnage in the markets last night and […]
Baring Asset Management Launches New Multi-Asset L/S Fund
(FinAlternatives) Although unfortunately timed to coincide with the Brexit referendum, Baring Asset Management has announced the launch of a new multi-asset UCITS-compliant long/short fund aimed at identifying both relative and absolute value opportunities. The new Dynamic Absolute Return fund was […]
Tactical Investing With Joe Childrey of Probabilities Fund Management
(Daily Alts) Strategic Investor Radio Charley WrightIn this episode of Strategic Investor Radio, host Charley Wright interviews Joe Childrey. Mr. Childrey is the CEO and founder of Probabilities Fund Management, and a three-time guest of the show. Conventional wisdom teaches […]
JD.com Loses Luster as Hedge Funds Backpedal Amid Slowing Growth
(Bloomberg) JD.com Inc., the Chinese online retailer that a year ago was a favorite among hedge fund managers including Tiger Management LLC’s Julian Robertson, is quickly losing its allure. The U.S.-traded stock has plunged 37 percent this year, wiping out […]
Brexit more heartburn than heart attack for hedge funds
(Reuters) UK voters’ surprise decision to leave the European Union roiled markets on Friday, but hedge funds appear to have avoided crippling losses, according to market data and people familiar with fund performance. Money managers were positioned relatively defensively coming […]
Brexit Vote Likely to Put Fed Interest Rate Hikes on Hold
(FinAlternatives) Britain’s shock decision to leave the European Union will have far-reaching consequences for the global economy, but in the short term a major consequence is an almost certain delay in the pace of monetary policy normalization in the United […]
Brexit Winners Emerge in Hedge-Fund Community Amid Market Chaos
(Bloomberg) Hours after Britain’s decision to leave the European Union sparked mayhem across global financial markets, a handful of prescient investors began to emerge as big winners. Hedge fund manager Crispin Odey, an advocate of a British exit, gained more […]
Hedge Funds Win World-Beating Rally With Record Gold Holdings
(Bloomberg) Unlike most of the world, gold investors got it right when it came time to betting on the Brexit vote. They were rewarded with a world-beating rally. Hedge funds boosted their bets on price gains for bullion to an […]
Hedge Funds Were Most Bullish on Bonds Since 2004 Before Brexit
(Bloomberg) Futures speculators were the most bullish since 2004 on Treasury bond futures in the lead-up to this week’s U.K. referendum on European Union membership.Hedge funds and other traders boosted net-long positions on bond futures to 103,471 contracts as of […]
Soros looks set to make a killing on Brexit result
(MarketWatch) George Soros may be getting rich on an implosion in British markets — again.The landmark vote in the U.K. to leave the European Union has rocked global markets, sending the British pound GBPUSD, -2.0254% to its lowest level in […]
Brexit Selloff Brings Out Contrarian Instincts Among Some Investors
(FinAlternatives) Despite the old adage about trying to catch falling knives, the global stock market selloff that has followed Britain’s decision to leave the European Union has some opportunistic U.S. managers already moving in the opposite direction. To read this […]