Monthly Archives: February 2020
TraditionDATA sees rise in demand for SOFR data as trading activity increases in January
(Hedgeweek) Tradition has reported an increase in demand the for SOFR market data via its TraditionDATA offering to gain an accurate picture of market context and colour. To read this article:
To outsource or not to outsource, that is the question
(Hedgeweek) Chief Compliance Officers (CCOs) and compliance teams are facing mounting pressure as heightened levels of global regulation combine with increasing scrutiny and cost concerns. Over-burdened teams that are stretched too thinly are more likely to experience burnout and make […]
Dollar slips on caution U.S. may not be immune to epidemic
(Reuters) – The dollar was on the defensive on Wednesday as rising expectations of a U.S. rate cut and warning from U.S. health officials on a domestic coronavirus outbreak called into question the perceived relative strength of U.S. financial assets. […]
Three protection plays for ETF investors amidst US markets’ coronavirus jitters
(CNBC) U.S. stocks plunged to start the week, with the Dow Jones Industrial Average dropping over 900 points Monday after shedding as much as 1,000 points at its session lows. The move was fueled by a surge in coronavirus cases […]
Tesla Supercharges Returns of Two Asia Hedge Funds in January
(Bloomberg) Tesla Inc.’s 56% share-price rally in January supercharged the returns of a pair of Asia-based hedge funds. To read this article:
Sachem Head Builds Stake In Olin Corp, Plans Proxy Contest
(Reuters) Activist investment firm Sachem Head Capital Management has built a new stake in Olin Corporation and plans to nominate four directors, including the fund’s founder, at this year’s annual meeting. To read this article:
Hedge fund to add directors to Tivity Health board
(Reuters) – Tivity Health, which owns diet management company Nutrisystem and fitness and health programs for seniors, said on Tuesday it agreed for hedge fund HG Vora to recommend two directors to its board. To read this article:
Franklin’s Benefit Street Shuts Credit Hedge Fund After Losses
(Bloomberg) Benefit Street Partners, the alternative credit manager acquired by Franklin Resources Inc. in 2019, has shut its credit hedge fund after returns slumped. To read this article:
CFTC Wins Forex Fraud Trial on Damages and Obtains Judgment of More than $22 Million
(HedgeCo.Net) The Commodity Futures Trading Commission has announced that following a bench trial the U.S. District Court for the Middle District of Alabama entered a final judgment against defendants Husam Tayeh of Illinois and his companies, Dinar Corp., Inc. and […]
Co-investments & conviction trades: evolving investor trends in managed accounts
(Hedgeweek) BNY Mellon HedgeMark is a dedicated managed account provider, solely focused on creating and operating managed account platforms for institutional investors. Launched in 2012, the business today has more than USD23 billion in assets across more than 100 funds […]
A preferred mode of investment? Managed accounts increasingly take centre stage
(Hedgeweek) For all the attendant challenges facing hedge funds – from greater fee pressures and more onerous compliance burdens to lacklustre performance and investor aversion – the industry has time and again demonstrated its ability to continually innovate and reshape […]
Investors pulled $109.6bn or 3.8% of assets from hedge funds last year
(Opalesque) The Barclay Fund Flow Indicator revealed that hedge fund clients continued to pull out their money in December, marking the second-straight month of outflows and the worst full-year outflows since 2009. Globally, outflows totaled $29 billion in December, up […]
