Monthly Archives: January 2018
SEC Reports on Credit Rating Agencies Show Improvements
(HedgeCo.Net) Credit rating agencies under Securities and Exchange Commission oversight show improved compliance, increased information technology resources, and continued competition, according to two SEC staff reports released today on nationally recognized statistical rating organizations (NRSROs). “NRSROs are continuing to display […]
SS&C GlobeOp Hedge Fund Performance Index measures 0.84 per cent for December
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2017 measured 0.84 per cent. To read this article:
Goldman Thwarts Fraud Class Action Tied to Abacus CDO: U.S. Appeals Court
(Reuters) A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as […]
D.E. Shaw Takes Stake in Lowe’s
(Reuters) Hedge fund D.E. Shaw & Co has built an active stake in home improvement chain Lowe’s Cos Inc (LOW.N), CNBC reported on Friday, citing sources.D.E. Shaw is concerned about Lowe’s performance relative its peers and is not pushing for […]
Carillion Crisis: Hedge Funds Rake In Tens Of Millions
(The Guardian) Hedge funds and other financial speculators have made tens of millions of pounds by quietly betting that Carillion would run into financial distress. Short-sellers, who make money by gambling that a company’s share price will fall, have been […]
The Only Female Investment Partner At $20 Billion Hedge Fund Canyon Has Left
(The Business Insider) Dominique Mielle, who was a partner and senior portfolio manager at $20 billion hedge fund firm billion Canyon Partners, has left. Mielle was the only female investment partner out of the eight-person senior investment team for Canyon’s […]
London Hedge Fund Minnow India Investments Proves a Winner
(The Standard) A tiny London hedge fund with just five employees has emerged top of the hedgie league after investments in India paid off last year….Mayfair-based Habrok Capital’s Habrok India Fund returned 77.6% in dollar terms for the year ending […]
$14 Trillion Bond Market Has Caught Wall Street off Guard
(The Business Insider) The $14 trillion market for US government debt heard a number of loud warning shots this week. On Tuesday, they came from the Bank of Japan, which said it was cutting purchases of its government bonds. To […]
Fields of Gold? Jana Seeks New Money, Allies With Impact Hedge Fund
(Reuters) Wall Street investor Barry Rosenstein’s new impact investing fund aimed at serving environmental and social causes could, if he plays his cards right, enhance his traditional business of pushing companies to boost earnings. To read this article:
GDPR: 5 Quick Facts For Fund Managers
(Alpha-Week) The already intricated regulatory landscape for fund managers will see more added complexity due to another European initiative, launched with EU regulation 2016/679 – also known as the General Data Protection Regulation (GDPR) – which will come into effect […]
Legendary investor T. Boone Pickens is shutting down his energy-focused hedge fund
(The Business Insider) T. Boone Pickens said Friday that he was shutting down BP Capital, his energy-focused hedge fund, and transitioning towards a family-office structure. Pickens, 89, cited health concerns and a loss of interest in trading oil for his […]
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. […]