Monthly Archives: January 2018
More Firms Banned As The World’s Biggest Sovereign Wealth Fund Goes Ethical
(HITC Business) Norway’s $1.1 trillion sovereign wealth fund has axed investments in another nine companies as it tries to move to what it considers as ethical investments. To read this article:
Starboard to Nominate Nine Candidates to Mellanox Board
(CNBC) Activist hedge fund Starboard Value LP has started a proxy fight on Wednesday for control of Mellanox Technologies Ltd , calling the Israeli chipmaker deeply undervalued. Starboard, the largest shareholder of Mellanox with a 10.7 percent stake, said it […]
Asset Managers Have ‘Gone Backwards’ On Gender
(Citywire) The UK’s asset management industry has ‘gone backwards’ on gender representation, says the City grandee who last year co-led a government review into women in business. To read this article:
Adam & Co Wealth Manager Joins High-Flying Fund Boutique
(Citywire) Boutique small cap house Amati Global Investors has hired former Adam & Co hotshot Anna Wilson (née Croze) as a UK fund manager. She joins the team which includes a number of First State alumni, including founders Paul Jourdan […]
Scaramucci’s Skybridge Capital Deal Still In Limbo After A Year
(New York Post) Tick-tock. Tick-tock. It’s been one year since Anthony Scaramucci’s SkyBridge Capital announced its sale to a consortium of foreign buyers, and the deal is still in limbo. We have “no idea when it’s closing,” a source familiar […]
Volume in futures and options flat based on the low volatility in many markets – This will change in 2018
(Harvest) Global financial markets performed very well but you could not tell by looking at the volume of trading on futures exchanges around the world. The year-end numbers from the Futures Industry Association (FIA) show that futures trading volume was […]
Fund Managers Remain Upbeat Amid Soaring Market
(Barron’s) There’s plenty of talk that the U.S. stock market – which saw the Dow Jones industrial average Tuesday breach 26,000 for the first time – is a bubble about to pop, but fund managers remain optimistic. In fact, they […]
Asset Base For The Hedge Fund Industry Grew by $219.0 Billion in 2017
(Valuewalk) Hedge funds were up 8.25% for the year – almost 79% of fund managers are in positive territory for the year while another 19% have outperformed the MSCI ACWI Local Index which was up 17.55% in 2017. Back in […]
10 Stocks That Can Outperform in 2018:
(Investopedia) Investors should reduce tech stocks to an equal weight allocation in their portfolios, while going overweight in financials and industrials, Goldman Sachs Group Inc. To read this article:
Einhorn’s Greenlight Capital Adds Stakes in Brighthouse and Twitter
(Bloomberg) David Einhorn’s Greenlight Capital is touting a new stake in Brighthouse Financial Inc., an annuities and life insurance company spun out of MetLife Inc. in August, as the hedge fund tries to rebound from a disappointing year. Brighthouse, which […]
Hedge Fund Bulls Have Left Oil Market Looking Very Stretched
(Reuters) Hedge funds and other money managers have boosted their bullish position in oil to a new record, but with crude taking over from fuels as the main target of fresh buying. Hedge funds boosted their net long position in […]
Can Hedge Funds Handle a Bitcoin Bust?
(Bloomberg) Hedge fund managers have been lying awake at night for years worrying about poor performance, weak volatility and whether it might be time to just move on and do something else — like get into Bitcoin maybe. The allure […]