Category Archives: Uncategorized

Dollar buoyed by signs of solid U.S. economy, pound ticks up

(Reuters) – The dollar held firm at the start of a holiday-thinned week on Monday, as U.S. data pointed to solid economic growth while the British pound bounced slightly after having suffered its biggest weekly fall in three years. To […]

Hedge funds up 0.90 per cent in November, says Eurekahedge

(Hedgeweek) The Eurekahedge Hedge Fund Index was up 0.90 per cent in November, supported by the market’s optimism towards the progress of the US-China trade talks, according to the December 2019 Eurekahedge Report. To read this report:

ValueAct Partner Steps Down From Board At Citi Credit Rival

(Reuters) Credit card and loyalty programs firm Alliance Data Systems Corp (ADS.N) said a board member representing ValueAct Capital has stepped down, removing one conflict of interest which could have prevented it gaining a board seat at Citigroup Inc (C.N). […]

Blackstone special situations executive Geiling leaves firm –

(Reuters) – A senior Blackstone Group (BX.N) executive who oversaw special situations investments at the private equity giant’s hedge fund unit Blackstone Alternative Asset Management, has left the firm, two people familiar with the matter said. Greg Geiling was a […]

Eric de Montgolfier appointed as new Invest Europe CEO

(Opalesque) Invest Europe has appointed Eric de Montgolfier as new CEO to lead the world’s largest association of private capital providers and investors. De Montgolfier will take the helm at Invest Europe, the association representing Europe’s private equity, venture capital, […]

U.S. value fund managers betting shift to value stocks won’t last

(Reuters) – The massive U.S. market rotation into value stocks over the last two weeks is finally giving value fund managers a reason to be hopeful after years of underperformance. To read this article:

CQS Hedge Fund Says Curve Inverting on Technicals Won’t Last

(Bloomberg) As sovereign bonds around the world continue their relentless climb and a closely watched segment of the U.S. yield curve inverts — seen as a harbinger of recession — the level of anxiety about the global economy can’t be […]

Private debt market continues to flourish and is expected to top $1.4tn in next five years: Preqin

(Opalesque) Despite slowing growth, the private debt market continues to flourish and is expected to top $1.4tn within the next five years, said a report. Approximately $100bn was raised by private debt funds in 2015 and again in 2016, matching […]

CFTC obtains USD2.1m judgement against Iowa commodity trader over fraudulent scheme

(Hedgeweek) Commodity trader Lon Olen Friedrichsen (Friedrichsen) of Alton, Iowa is to pay USD2.1 million to settle a CFTC charges relating to a fraudulent scheme to illegally trade NYMEX West Texas Intermediate Light Sweet Crude Oil futures contracts on behalf […]

Markets Picking Up Steam?

(Capital Trading Group) Ok here is just a sample of what has peaked our interest this week.Nat Gas is definitely on our radar and considering everyone in the global warming camp is forgetting that gigantic ball of hydrogen in the […]

Currents of Disruption: Tech Set for Disruption Amid Sector Shakeup

(Harvest) The creation of a new Communication Services sector could provide a further tailwind for tech stocks as generalist mutual funds gain a potential opportunity to allocate more capital to the space. After Sept. 28, technology stocks will be split […]

SaxoSelect sees 43 per cent increase in quarterly inflows for growth portfolios

(Hedgeweek) SaxoSelect, a fully digital and automated investment service that enables clients of Saxo Bank to invest in pre-selected portfolios, has reported that its growth and risk-on managed portfolios have seen a 43 per cent increase in net capital flows […]