Category Archives: Syndicated

Dell Considering a Sale to VMware In What May Be Tech’s Biggest Deal Ever

(CNBC) VMware could buy Dell in massive reverse-merger, sources say. Dell currently owns 80 percent of Vmware. The deal would give Dell shareholders a way to profit from having taken Dell private in 2013 and help pay off some debt…. […]

Edward Lampert: From Hedge Fund Star to Sears CEO

(Harvest) Edward Lampert is the founder and chairman of ESL investments which manages RBS Partners, a hedge fund that invests in public equities. He is also CEO and chairman of Sears Holdings (NasdaqGS: SHLD), owner of Sears and Kmart. He […]

Macro Hedge Fund That Made 47% Says Dollar Isn’t Done Falling

(Bloomberg) Former Credit Suisse Group AG trader Charlie Chan, whose macro hedge fund surged 47 percent last year to beat rivals, is holding on to bearish bets on the dollar. For now. Chan’s Splendid Asia Macro Fund, with just under […]

Crypto Hedge Fund Polychain Says It Won’t Proceed With IPO

(Bloomberg) Polychain Capital, the crypto hedge fund backed by venture firms Sequoia Capital and Andreessen Horowitz, has decided not to go public in Canada after holdings talks with bankers about an initial public offering. To read this article:

Brevan Howard Taps Eurobank Economist Monokroussos to Run Greek Ops

(Reuters) Eurobank’s chief economist Platon Monokroussos is leaving the bank to join hedge fund firm Brevan Howard, sources at Greece’s third-largest lender by assets told Reuters on Monday. Founded in 2002 by former Credit Suisse traders Alan Howard, Jean Philippe […]

Lawsuit Claims TCW Fired Female Fund Manager For Alleging Sexual Harassment

(Reuters) TCW Group Inc, one of the largest U.S. asset managers, is being sued by a prominent female hedge fund manager who said she was fired in retaliation for complaining about being sexually harassed and “coerced” into sex by her […]

Hedge Fund Wins Bid to Block Quant Fraudster’s Deportation

(Bloomberg) A London quant analyst convicted of stealing millions of pounds worth of secret algorithmic trading strategies has been stopped by his former employer, Trenchant Ltd., from being deported to China. Judge Antony Zacaroli ruled that Ke Xu must surrender […]

Noble Group Reaches In-Principle Deal to Restructure Debt

(Bloomberg) Noble Group Ltd. reached an in-principle deal to restructure $3.5 billion in debt, saving the troubled commodity trader from bankruptcy at the cost of handing control to creditors and all but wiping out current shareholders. After a three-year crisis […]

Greater Clarity On Markets Demands A Flexible Approach

(Harvest) We suggested that the ongoing low-volatility, quantitative easing-driven, deflationary boom cycle would likely pivot toward an inherently more volatile fundamental environment. While longer term investment forecasts are by definition opaque, a great deal of clarity has been provided by […]

What Will Surprise Investors in 2018?

(Harvest) From the economy to the Fed and rising interest rates, four small-cap specialists reveal what surprises they think 2018 might have for investors. To read this article:

Woodford Blasts US Hedge Fund Selling Prothena Short

(Citywire) Neil Woodford has attacked Kerrisdale Capital, the US hedge fund seeking to undermine one of the top holdings in the Woodford Patient Capital Trust (WPCT), saying its claims about Irish biotech company Prothena are ‘totally inaccurate and unsubstantiated. To […]

Wall Street Is Facing A New Kind Of Tsunami

(CNBC) A top fund manager at TCW is suing the firm for alleged sexual harassment. But she’s also claiming that investor funds were misused to retaliate against her. That could open the door for a deluge of shareholder lawsuits connected […]