Monthly Archives: January 2017
This Hedge Fund Made 37% Betting On Banks In 2016 And Remains Bullish After The Trump Rally
(Forbes) Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the so-called ‘Trump Bump’ because the rally […]
Machine Intelligence and Risk Management, with Jeremiah Lowin
(Harvest) Jeremiah Lowin is probably the smartest guy I know, and that is saying something. He is an expert in the fields of statistics, artificial intelligence, and risk management—among many other things. He is currently the Director of Risk Management […]
This Is The Only Number That Can “Switch Off” The Bull Market
(Harvest) The stock market has enjoyed quite a run since Election Day. But even before Donald Trump surprised the world and won the U.S. presidency, stocks were on an epic run that began in March 2009 at the depths of […]
Morgan Stanley Paying $13 Million Penalty for Overbilling Clients and Violating Custody Rule
(HedgeCo.Net) The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney has agreed to pay a $13 million penalty to settle charges that it overbilled investment advisory clients due to coding and other billing system errors. The firm […]
Some Hedge Funds Strong Start in 2017 Nice Contrast to 2016
(Valuewalk) With the 2016 HSBC Hedge Weekly performance rankings in the books – a year in which the same leader-board entries pretty much dominated unchallenged throughout the year – comes a new leader board that is a hard-scrabble mix of […]
Oil Prices Stall as Hedge Funds Stop Adding to Longs
(Reuters) Hedge fund bullishness towards the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016. Few managers are willing to […]
Expect Hedge-Fund Returns to be More Honda than Rolls Royce, Point72 Says
(Bloomberg) Hedge funds will have to adapt to a more challenging market as investors respond to disappointing returns by demanding their fees back or pulling out altogether, according to Matthew Granade, chief market intelligence officer of Point72 Asset Management.No matter […]
This Hedge Fund Says China’s Next Big Short is Stocks
(Bloomberg) When Kevin Smith realized late last year that China was getting serious about defending its currency, his first move was to dial back bearish bets on the yuan. His second move: double down on wagers against Chinese stocks. Smith, […]
High-Speed Traders Are Taking Over Bitcoin
(Bloomberg) Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good […]
5 Big Things to Know About The Bond Market in 2017
(Harvest) Welcome to 2017! It is time to take a look into the crystal ball and try to figure out what the bond market has in store for us this year. Here are the five big things you should keep […]
Where Will Markets Close When Trump Takes Office?
(Harvest) Wall Street has rallied throughout the end of last year edging closer to the 20,000 mark but not quite breaking through. Since the surprise win by President-elect Trump, investors are betting his economic proposals, which include massive corporate tax […]
The Case for Currency-Hedged Japanese Stocks
(Harvest) We see a strong case for Japanese stocks on a currency-hedged basis, as this week’s chart helps explain. We believe they should disproportionately benefit from global reflation, as well as a potential pickup in Japanese growth ahead. A weak […]