Monthly Archives: January 2018

Trump Nominates Two New SEC Commissioners

(HedgeCo.Net) Robert J. Jackson Jr. and Hester M. Peirce were sworn into office yesterday as SEC Commissioners by SEC Chairman Jay Clayton. Mr. Jackson and Ms. Peirce were nominated to the SEC by President Donald Trump, and their nominations were […]

Fund managers are loving stocks right now

(Business Insider) According to fund managers, the world is awesome.In particular, stocks.That’s the prevailing view in the latest Bank of America Merrill Lynch (BAML) Global Fund Manager survey with respondents long, unprotected and expecting the bull market of the past […]

Rokos Hedge Fund Is Said to Lose in 2017 as Macro Peers Suffer

(Bloomberg) Chris Rokos’s hedge fund lost 3.4 percent last year, joining a number of large macro-trading peers who struggled to make money, according to a person with knowledge of the matter.The Rokos Global Macro Master Fund lost most of the […]

Carillion Collapse Hits Banks and Investors, Boosts Short Sellers

(Reuters) Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion’s collapse on Monday. Along with 10 other banks, they […]

Bitcoin Frenzy Helps Crypto Hedge Funds Reap 1,100% Gains

(Bloomberg) While most of the world’s institutional investors watched from the sidelines as cryptocurrencies surged last year, a small group of hedge fund managers piled in.Call them visionaries or just plain lucky, but boy did they hit the jackpot. The […]

Hedge Funds Are Making Money From Exotic Bets

(Bloomberg) Cheese, sunflower seeds and rough rice sounds like an unappetizing mix — unless you happen to be a hedge-fund manager. A handful of computer-driven funds had a bumper 2017 by betting on the future price of such “exotic” assets. […]

Ex-UBS Banker Gets $306,500 in Suit Over Who Harassed Whom

(Bloomberg) A former UBS Group AG executive in Paris labeled as “aggressive” by his ex-boss was awarded 250,000 euros ($306,500) in an unfair-dismissal fight where both sides accused the other of harassment… To read this article:

Ackman Looks to Persuade Judge $290m Allergan Settlement Is Fair

(New York Post) Bill Ackman is going to try and hold onto a little cash on Tuesday….Lawyers for the embattled hedgie will appear before a federal judge in Los Angeles in an attempt to persuade him the $290 million settlement […]

SS&C GlobeOp Hedge Fund Performance Index: December performance 0.84%

(Opalesque) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2017 measured 0.84%.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.35% in January.”SS&C GlobeOp’s Capital Movement Index for January 2018 showed […]

Alternative Investment Industry Foresees Continued Strength Of U.S. Economy And A Fed Rate Hike In 2018

(Opalesque) With the United States well into its third longest period of economic expansion to date, economists are wondering how long the markets will be able to continue rising and whether or not the seemingly endless surge in the price […]

SS&C to acquire DST for $5.4bn

(Opalesque) SS&C Technologies Holdings, a global provider of financial services software and software-enabled services, and DST Systems, Inc., a provider of proprietary technology-based information processing and servicing solutions, today announced that the companies have entered into a definitive agreement wherein […]

Hedge Fund Ivaldi Shutters After Top Investor Leaves

(Bloomberg) Ivaldi Capital LLP, founded in 2009 by three former Citigroup Inc. prime brokers, is shutting down after its largest investor pulled out, according to a person with knowledge of the matter. The hedge-fund manager led by Chief Investment Officer […]