Category Archives: Syndicated
10 Best Schools If You Want To Work At A Top Hedge Fund
(FINalternatives) SumZero, a social network dedicated to the buy side community, crunched the numbers and came up with a list of the universities boasting the highest number of graduates at the very best hedge funds….. The Results: #1 Colgate – […]
Hedge Funds Are Most Bearish On U.S. Oil Since 2010
(Bloomberg)Hedge funds are more bearish about the outlook for U.S. oil prices than at any time for almost five years, according to data from the U.S. Commodity Futures Trading Commission.Hedge funds and other money managers had a net long position […]
Greece Extends Market Showdown As Government Begins Discussions
(Bloomberg) The Greek government extended the shutdown of its financial markets at least through Monday as it prepared to welcome creditors for negotiations on a third bailout program. A decision on when and under what conditions Greek markets will reopen […]
SEC Commissioner Issues Statement Supporting Hedge Fund Manager Chief Compliance Officers
(Hedge Fund Law Report) A recent SEC enforcement action asserts the imperative of having an effective and empowered chief compliance officer (CCO) as well as effective compliance policies and procedures – and actually following those procedures. The SEC alleged that […]
At 78, Scientist Is Starting A Hedge Fund
(Wall Street Journal) George Zweig discovered the quark at age 26, assisted with a covert military operation during the Vietnam War and helped design one of the first cochlear hearing implants.Now, at 78, he is starting a hedge fund. To […]
China’s Stock Market Pain Is India’s Financial Gain
(Bloomberg) The tumult in China’s stock markets has turned into a blessing for Indian shareholders. International investors are pulling out of China, fueling record outflows through the Shanghai-Hong Kong exchange link, amid a $2.8 trillion plunge in mainland equity values […]
Blackstone Reports FoHF Assets at Record $67.8bn, 6% Revenue Growth
(Hedgefund Intelligence) The big news about Blackstone Group’s second quarter 2015 earnings was that profits were down 74% and total revenues down 46% from the same period a year earlier. But the story in Blackstone Alternative Asset Management’s Hedge Fund […]
Wall Street’s Heavy Hitters Think This Is The Next Big Short
(The Business Insider) Jeff Gundlach thinks junk bonds could be the next big blowup. Carl Icahn agrees. Others are pointing to the burst in non-traditional bond fund inflows and the proliferation of exchange traded products that traffic in some of […]
CFOs Cite European Research Unbundling As A “Major Concern.”
(Hedgefund Intelligence) Research unbundling – the separation of research payments from equity trading commissions, a key plank of European regulators’ proposed Markets in Financial Instruments Directive II – is looming large as a major concern among US hedge funds’ chief […]
Cognios Appoints New Chief Executive and Regional VP
(Daily Alts) John Brandmeyer, co-founder of the quantitative asset management firm Cognios Capital, has stepped down as CEO of the company and transitioned to the role of chairman. Replacing Mr. Brandmeyer as chief executive is Gary DiCenzo, who served as […]
Warren Buffett Just Lost $700M On This
(CNBC) Warren Buffett doesn’t have many bad days, but he really ought to consider going on vacation whenever IBM (IBM)reports earnings. The company’s shares fell $8.96 at Tuesday’s open after a mixed earnings report , costing the Oracle of Omaha […]
Blackstone Champions Hedge Funds For The Little Guy
(Reuters) John McCormick has been on a mission for the past five years: to bring hedge funds to the masses.That may seem like a tough sell. Traditional hedge funds, those lightly regulated investment pools open exclusively to large institutions and […]