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Category Archives: Syndicated

Sliced Investing Automates Private Investments For RIAs

(Daily Alts) Sliced Investing a 2014 graduate of the Y Combinator accelerator class, raised $2 million in seed funding to launch its online hedge-fund investing program, which debuted in November 2014. Nine months later, the firm has expanded its offerings […]

Business Korea

(Business Korea) According to Activist Insight, activist hedge funds intervened in the management of approximately 300 companies worldwide by purchasing treasury stocks or demanding more dividends or spinoffs in the first half of this year. The number increased by 23 […]

Billionaire George Soros Sells Alibaba Shares

(BBC News) Alibaba recently announced a deal with one of China’s largest physical retailers, Suning. The fund owned by the influential billionaire George Soros has sold most of its shares in the Chinese online retail firm Alibaba. Soros Fund Management […]

Goldman Stands Out In Japan With Rising Profit, and Revenue

(Bloomberg) Goldman Sachs seized on Japan’s buoyant stock market and local companies’ appetite for mergers to become the only large foreign investment bank to boost revenue, profit and headcount there last fiscal year….As well as the overseas expansion drive by […]

China Hedge Funds Lose $10B After Market Collapse

(CNBC) Hedge funds focused on China suffered around $10 billion in outflows in July, after the Shanghai Composite posted a fall of over 14 percent for the month, new data shows. The HFRI Index, which tracks hedge funds that predominantly […]

Hackers Stole Secrets For Up To $100 Mln Insider-Trading Profit

(Reuters) A group of mainly U.S.-based stock traders and computer hackers in Ukraine made as much as $100 million in illegal profits over five years by conspiring to use information stolen from thousands of corporate press statements before their public […]

Hedge Fund Bears Circle Aberdeen As China Compounds Grief

(Bloomberg) Even after a 21 percent plunge this year, short sellers see more trouble ahead for Aberdeen Asset Management Plc. Short interest in the Scottish firm jumped to 7.4 percent of shares outstanding this month, up from a low of […]

Star Trader Rokos Courts Investors For Blockbuster Hedge Fund Launch

(Reuters) A former top Brevan Howard trader is courting investors for a hedge fund launch which promises to be among the biggest in the sector this year and which sources say is already on course to attract its initial target […]

China Devaluation Rattles Investors

(Financial Times) Stocks and emerging market currencies are in retreat, while traders seek safety in Treasuries as the impact of China’s decision to devalue the renminbi continues to reverberate through markets. The mood in equities is decidedly sour. The pan-European […]

US Appeals Court Narrows Debt Claims Against Argentina

(Reuters) Argentina on Monday won the reversal of a U.S. judge’s ruling that a group of bondholders suing over its defaulted debt said entitled them to $700 million.The 2nd U.S. Circuit Court of Appeals in New York ruled that U.S. […]

UBS Closes Feeder Fund

(HITC Business)UBS shut down a feeder fund that provided wealthy clients access to billionaire investor John Paulson’s Advantage fund due to the high cost of operating that portfolio, two sources said last week. Reuters reports that the bank shut down […]

US Identifies Insider Trading Ring With Ukraine Hackers

(Bloomberg) Exposing a new front in cybercrime, U.S. authorities broke up an alleged insider trading ring that relied on computer hackers to pilfer corporate press announcements and then profited by trading on the sensitive information before it became public. In […]

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