Monthly Archives: January 2019
Goldman Warned Nvidia Could Blow Up Because Of China And Says These Companies Could Be Next
(CNBC) Goldman Sachs had warned clients about companies with big international sales in a note on Friday, especially those with big revenues from China….The other names on the list that gave Goldman pause were…. To read this article:
US Market Neutral Hedge Fund Cares For What Investors Actually Take Home
(Opalesque) The partners at Alloy Investments, a New Jersey, U.S.-based fund manager, believe that the current investing paradigm is broken, which means that very few active managers reliably outperform benchmarks and many active managers compensate for poor performance by taking […]
CTAs face renewed downward pressures in January, says Lyxor
(Hedgeweek) The market rebound started at the end of December fuelled strategies that were most exposed to risk assets, such as L/S Equity and Special Situations. This is in sharp contrast to performance in Q4-18, which was dreadful. To read […]
Emergency Action Charges Texas Developer for Multi-Million Dollar Offering Fraud
(HedgeCo.Net) Charges have been filed against Texas resident and real estate developer Phillip Michael Carter, two other individuals, and several related entities for conducting a multi-million dollar offering fraud. The SEC’s complaint alleges that Carter, along with Bobby Eugene Guess […]
Shannon River Hedge Fund Is Betting Big on News
(Bloomberg) Shannon River Capital Management, a $450 million technology-focused hedge fund that beat peers last year, says digital subscriptions for news are the next big thing. “News is where music was 10 years ago,” Spencer Waxman, who founded Shannon River […]
Macro Trader Adam Fisher Exits Soros for Second Solo Act
(Reuters) Adam Fisher, a portfolio manager at Soros Fund Management, is returning to running his own firm less than two years after joining the approximately $25 billion investment firm. Fisher exited the New York-based family office, which invests the fortune […]
Brazil Hedge-Fund Icon Scoops Up Vale Shares After Dam Disaster
(Bloomberg) One of Brazil’s most revered hedge-fund managers is seeing a buy opportunity in Vale SA’s record plunge. Rogerio Xavier, who helps manage 19 billion reais ($5 billion) in assets at the helm of the SPX Nimitz funds, said he […]
Euro Zone Inflation Gauge Tracked by ECB Hits Lowest Since 2016
(Reuters) A key gauge of the market’s long-term expectations for inflation in the euro area fell on Tuesday to its lowest level since late 2016, in a further sign that weak economic data globally is weighing on the inflation outlook. […]
U.S., China Face Deep Trade, IP Differences in High-Level Talks
(Reuters) The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington’s demands for structural economic reforms from Beijing that will make it difficult to reach a deal before a March 2 […]
Commonfund cools on hedge funds, eyes credit in 2019
(Opalesque) Commonfund, a $24.8 billion asset manager for endowments, foundations, and pensions, has cut back its allocations to hedge funds citing a desire to preserve liquidity as managers struggle to take advantage of market moves. In its recent outlook letter, […]
Validity Finance beefs up investment team
(Opalesque) Litigation funder Validity Finance has made a notable addition to its growing investment team with the arrival of portfolio counsel William C. Marra in New York. The firm also announced a prominent addition to its governance structure, with Allen […]
Lazard beefs up ESG team
(Opalesque) Lazard Asset Management today announced that Jennifer Anderson and Nikita Singhal have joined the firm as Co-Heads of Sustainable Investment and ESG (environmental, social and governance). Anderson and Singhal are based in London and New York, respectively. “Our investment […]