Category Archives: Syndicated
Pound Lures Hedge Funds Seeing Scotland’s Status Quo
Bloomberg – Hedge funds are more bullish on the pound than any time since July as voters in Scotland head to the polls today to decide whether to break away from the U.K. While opinion polls show the referendum is […]
U.S. CFTC to propose rules for uncleared swaps
HedgeWorld – The U.S. derivatives regulator on Wednesday [Sept. 17] met to propose a new rule for safety margins for uncleared swaps, a last remaining building block in its efforts to make the $710 trillion global market safer. The Commodity […]
Hedge Funds Seek Profit in Scotland Volatility
WSJ – Hedge funds have been trying to profit from market volatility surrounding Scotland’s independence referendum, regardless of whether it votes to leave the U.K. A narrowing of the polls in recent weeks made the contest too close to call […]
C-View taps ex-Standard Chartered exec to manage new currency fund
Reuters – Money manager C-View said it would launch a currency trading strategy later this month to be managed by former Standard Chartered Bank’s managing director Buford Scott. The C-View Stelrox Systematic Currency Strategy will invest in G10, emerging market, […]
City Financial seeks to double HK staff with new hedge fund-CEO
Reuters – UK independent fund manager City Financial is looking to double its Hong Kong staff in coming months, looking to benefit from an increase in investment flows to the region and launch a second hedge fund, Chief Executive Andrew […]
Adidas Shares Jump on Report of Hedge Funds’ Interest in Stakes
Bloomberg – Adidas AG rose the most in more than 10 months in Frankfurt trading on a report that hedge funds including Third Point LLC may take a stake and are pushing to remove Chief Executive Officer Herbert Hainer. The […]
Bad News for Hedge Funds Good for BlackRock Stock
Barron’s – The hedge fund industry is experiencing a Marie Antoinette moment. After years of stories about the massive houses, art collections, exotic autos, tax breaks, and fantastic life styles of hedge fund managers, some of the people who pay for […]
Stepson of the Blues LLC to Launch Alternative Investment Ad Campaign
PRNewswire – Title II of the Jobs Act removed the ban on general solicitation and created enormous opportunities for capital formation. Zacks Direct’s latest client leveraging this opportunity is Stepson of the Blues LLC as they seek capital from accredited […]
Investors still loving hedge funds even as CalPERS exits
Reuters – Despite the recent rebuke of hedge funds by the influential California Public Employees’ Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show. Research firm […]
Allergan reaches truce with suitors on special shareholder meeting
Reuters – Allergan Inc. has agreed not to throw up any roadblocks to a special shareholder meeting on Dec. 18, giving Pershing Square Capital Management a chance to attempt its threatened replacement of Allergan board members. The battling parties late […]
Source Launches In The United States
PRNewswire – Source, a global investment firm and one of the fastest-growing Exchange Traded Fund (ETF) providers in Europe, is bringing its distinctive approach, established track record and considerable resources to the U.S. market. The firm’s U.S. launch is spearheaded […]
Sears borrows $400 million from CEO’s hedge fund
MarketWatch – Sears Holdings Corp. is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer. The loan is being made by entities affiliated […]