Monthly Archives: January 2018
Strong Upward Momentum In Metals With Down Moves In Bonds And Dollar
(Harvest) There were some trend surprises in markets near the end of the year; the upward price movement in both precious and base metals and the weather shock in natural gas market and to a lesser extent oil product markets. […]
Hedge Funds’ Best Year Since 2013 Not as Great as It Sounds
(Bloomberg) Two hedge funds tell the up and down story for the industry in 2017. Equity fund Coatue Qualified Partners soared 24 percent on its tech bets while the Caxton Global macro fund dropped 13.4 percent, according to an investor […]
Machine Learning, Human Investing
(Harvest) The future, by the time it arrives, is seldom as compelling as when first envisioned.Artificial intelligence (AI), especially as a tool for investment, is undergoing extremely swift technological advancement, even as some would-be adopters are hesitant. Part of that […]
Hedge Fund Tax Rule Sought by India Regulator Would Boost Demand
(Bloomberg) India’s market regulator has recommended new tax rules for alternative investment products that would boost the country’s fledgling hedge fund industry. The Securities and Exchange Board of India is seeking “unit-based” taxation for products broadly classified as hedge funds […]
Ex-SEC Enforcement Chief Named Deputy U.S. Attorney in Manhattan
(Reuters) Newly appointed interim U.S. Attorney Geoffrey Berman in Manhattan has tapped Robert Khuzami, formerly director of enforcement for the U.S. Securities and Exchange Commission, to serve as his deputy, Berman’s office announced Friday.Berman and Khuzami worked together as assistant […]
China-Focused Hedge Fund Says Entire Supply Chains Will Benefit From Emerging Tech
(CNBC) Major technology trends will have knock-on benefits in the Chinese economy, a hedge fund executive predicted on Monday. Cloud computing and artificial intelligence, for instance, “are tremendous trends in which we expect technology breakthroughs to happen. And that will […]
Hedge Funds Start New Year With Wave Of New Fund Launches:
(Opalesque) In the week ending 05 January, 2018, it was reported that Michael Gelband will start his long-anticipated hedge fund in the next six months after resolving a hiring dispute with billionaire Izzy Englander; Disciplina Asset Management announced the launch […]
Hedge Fund Performance Positive Across The Board For 2017
(Harvest) Strong year-end performance for hedge funds as measured by HFR indices was led by the fundamental growth and systematic CTAs categories. It is notable that the systematic CTA index performance from HFR was greater than what has been reported […]
Starboard Says Chipmaker Mellanox’s 2018 Targets Insufficient
(Reuters) Activist hedge fund Starboard Value LP said on Monday Israeli chipmaker Mellanox Technologies Ltd’s 2018 targets were insufficient and too heavily reliant on revenue growth. In December, Mellanox had forecast low to mid-teens revenue growth in 2018. The targets […]
How Bill Gross’s $200M PIMCO lawsuit helped win PR war
(New York Post) Rehabilitating bond guru Bill Gross’ tarnished reputation required an explosively worded, $200 million lawsuit against the company he founded, PR guru Michael Sitrick confesses in his recently released book, “The Fixer.” That lawsuit would be the “ideal […]
Sector Performance Shows More Year-End Dispersion In Returns
(Harvest) A year-end performance review of styles, sectors, and country index ETFs shows the peaks and valleys for 2017 and what may be ahead in 2018. Overall, this was an especially good year for international investing and holding exposure in […]
Quantitative Tightening Is the Biggest Economic Threat in 2018
(Harvest) In response to the 2008 financial crisis, the Fed and other central banks deployed zero or near-zero interest rates, quantitative easing, and assorted other interventions. These may have averted an even worse disaster, but their impacts were far from […]