Monthly Archives: January 2018
Soros: Facebook And Google A ‘Menace’ To Society And ‘Obstacles To Innovation’
Soros: Facebook And Google A ‘Menace’ To Society And ‘Obstacles To Innovation’ The Business Insider posted on Fri 26 Jan 2018 Permalink Print The billionaire investor and philanthropist George Soros has launched a blistering and multipronged attack on Facebook and […]
Provident Financial Caught In The Middle Of Fund Manager Battle Royale
(City A.M) Troubled doorstep lender Provident Financial is at the centre of a power struggle between some of Britain’s most revered fund managers. Mayfair stalwart Lansdowne Partners is leading the charge for short sellers. To read this article:
Cryptocurrencies are ‘Tulip Bulbs For The Digital Age
(CNBC) Seth Klarman, the value investing giant who draws comparisons to Warren Buffett, says he is not a believer in cryptocurrencies.”While we have long had our own concerns over the tendency of central bankers to debase paper currency by printing […]
SEC Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices
(HedgeCo.Net) The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC. OMWI created the Diversity Assessment Report to complement the Interagency Policy Statement Establishing Joint […]
Hedge Fund Wins Bid to Block Quant Fraudster’s Deportation
(Bloomberg) A London quant analyst convicted of stealing millions of pounds worth of secret algorithmic trading strategies has been stopped by his former employer, Trenchant Ltd., from being deported to China. Judge Antony Zacaroli ruled that Ke Xu must surrender […]
Investing in the Age of FOMO Is Hard
(Bloomberg) Great bull markets are the easiest time for money managers, right? Actually, not for most professionals, who are generally most comfortable looking for — and finding — value in times of stress. In reality, the current environment poses a […]
Ex-Deutsche Bank Prop Trader Seeks $500 Million for Energy Raids
(Bloomberg) Angelo Moskov, a former proprietary trader at Deutsche Bank AG turned activist investor, spent two years locked in a bitter feud for control of a tiny energy company that lost much of its value when commodity prices crashed. Now […]
Ackman Made New Bet on Nike, Namvar To Transition to Advisory Board
(Reuters) Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nike last year that has already earned his portfolio a roughly 30 percent return.For months the activist […]
Larry Fink Joins Ray Dalio in Warning Against Sitting in Cash
(Bloomberg) The heads of the world’s biggest asset manager and largest hedge fund are anti-cash. Larry Fink, chief executive officer of BlackRock Inc., is urging investors around the world to stop keeping money in cash as stock markets reach new […]
Hedge Fund Closing as South Korean Firm Retreats From Singapore
(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The Truston Falcon Asia Fund had bet on rising […]
Hedge Fund Veteran Says Emerging-Market Stocks Due for Breather
(Bloomberg) The last time Jordi Visser remembers so many fellow investors saying the exact same thing about emerging markets it was February 2016 and stocks and bonds were mired in a multi-year slump. Since then, the bulls took over: Those […]
Another Positive Year Ahead for Gold, Says the World Gold Council
(Harvest) In a year when the S&P 500 hit all-time highs, gold also held strong, finishing 2017 up 13.5 percent, according to the World Gold Council. Gold’s annual gain was the largest since 2010, outperforming all major asset classes other […]