Category Archives: Syndicated

David Burnett Appointed as Head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa

To support the continued momentum of Northern Trust’s hedge fund administration business, Northern Trust (Nasdaq:NTRS) has appointed David Burnett as head of Northern Trust Hedge Fund Services in Europe, Middle East and Africa (EMEA). Based in London, Burnett will lead […]

Lawmaker Proposes Bipartisan Insider-Trading Ban

WSJ – A House lawmaker whose Connecticut district is home to one of the highest concentrations of hedge funds introduced bipartisan legislation Wednesday that would ban insider trading, taking aim at a financial crime that has tripped up some of […]

Hedge Fund Boss Steps Up Fight for Bigger Vivendi Payout to Shareholders

WSJ – A disagreement between Vivendi SA and one of its shareholders gathered pace on Tuesday, as a prominent U.S. hedge fund tried to rally support from other shareholders in its quest to obtain higher dividends, while Vivendi resisted. P. […]

Could this hedge-fund operator rescue McDonald’s stock?

Crain’s – Larry Robbins isn’t the first hedge-fund operator to see gold in McDonald’s real estate, but his timing is better. When William Ackman went public a decade ago with a restructuring proposal that would have leveraged the burger chain’s […]

Lead Manager to Step Down From ‘Chocfinger’ Hedge Fund

WSJ – One of the lead managers at Armajaro Asset Management LLP, a London-based hedge fund that once purchased 7% of the world’s supply of cocoa, is stepping back from day-to-day management. John Tilney, 60, a former veteran of commodity […]

Deutsche Bank Prime Broker Said to Join New Hedge Fund

Bloomberg – Christopher Dennis, a prime broker with Deutsche Bank AG in London, is leaving after eight years to join a hedge-fund startup, according to two people with knowledge of the matter. Dennis is joining the London-based firm being established […]

Australia is essentially just a big China hedge fund

Business Insider – The Australian economy is basically the Chinese economy, and right now (and for a while going forward) that’s going to be a problem. Australia’s economy is driven by mining and exporting commodities, much of which are shipped […]

One hedge fund is jumping into the debate over the future of music

Quartz – A lot of people are trying to figure out what the future of music will look (sound?) like, and that now includes at least one heavy hitter on Wall Street. A New York-based hedge fund, P Schoenfeld Asset […]

Hedge funds get short of U.S. oil as storage fills

Reuters – Hedge funds have turned super-bearish about U.S. oil prices as concerns about running out of storage trump the drop in the number of rigs drilling new wells. Money managers had amassed a record number of short positions in […]

How the smart money is set up for a rate hike

CNBC – With the financial community abuzz over a looming interest rate hike by the Federal Reserve, the smart money is betting big on the U.S. dollar instead of Treasurys. Instead of betting on the price of, say, 10-year U.S. […]

Hedge Funds Found a New Way to Attack Drug Companies and Short Their Stock

Bloomberg – Drugmakers are getting more and more nervous that hedge funds have found a way to make money by putting their patents in jeopardy. Taking advantage of new rules created by Congress three years ago, hedge funds have increasingly […]

For Clintons, a Hedge Fund in the Family

NYT – Since marrying Chelsea Clinton five years ago, Marc Mezvinsky, a money manager, appears to have settled into his life as Bill and Hillary Clinton’s son-in-law. He has regularly appeared at charitable events, once introducing the former president at […]