Monthly Archives: February 2019
Steve Eisman Fund Spearheads Neuberger Berman UK Onshore Launch
(Wealth Adviser) Neuberger Berman is launching a UK-domiciled fund range, with the group’s first strategy a global long/short equity portfolio run by investor Steve Eisman and team. The new fund range provides UK investors with the broadest accessibility to Neuberger […]
SEC seeks contempt charge against Tesla’s Musk, says tweet violates deal
(Reuters) The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm’s shares down 5 percent. The SEC’s […]
Charges Filed in Alleged $25-Million Microcap Stock Fraud
(HedgeCo.Net) Charges have been filed against four individuals and related businesses for their roles in two microcap frauds and unlawful securities offerings. In sum, the alleged illegal transactions resulted in proceeds of more than $25 million. According to the SEC’s […]
Hedge funds bet cautiously on even higher oil prices:
(Reuters) Hedge funds added more bullish positions in crude and fuels in the most recent week in the expectation that positive trade talks between the United States and China would keep the global economy expanding. Saudi Arabia’s substantial output cuts […]
UK and US authorities issue joint statement on post-Brexit continuity of derivatives trading and clearing
(Hedgeweek) The US Commodity Futures Trading Commission (CFTC) and the Bank of England, including the Prudential Regulation Authority (BoE) and the Financial Conduct Authority (FCA) hve issued a joint statement regarding derivatives trading and clearing activities between the United Kingdom […]
Oblivious’ investors aren’t ready for the bursting of the ‘everything bubble,’ hedge-fund manager warns
(Marketwatch) Investing in passive index funds has enjoyed a stellar run over the past 10 years, exposing the shortcomings of the pricier active approach in a market where everything is in full-on rally mode. In fact, during that time, only […]
Hammerson wins investor Elliot’s backing on more asset sales
(Reuters) – British shopping centre operator Hammerson Plc said on Monday it had won the backing of activist investor Elliot Advisors for its plans to sell more assets to cut debt and expand its board. Shares in the owner of […]
Hedge funds less volatile than S&P 500 while posting comparable gains over the long term:
(Opalesque) In the week ending February 22nd 2019, a report said hedge funds have a lower volatility than the S&P 500 PR Index: 5.59% compared to 13.60%. Over the longer term, hedge funds have posted returns comparable with the S&P […]
Hedge-Fund Veteran Who Won Big on Volatility Is Back in the Game
(Bloomberg) Stephen Diggle, the executive who made more than $2.5 billion on volatility wagers during the global financial crisis, is getting back into the hedge-fund game. To read this article:
What Warren Buffett Is Leaving His Successors
(Bloomberg) If you are a hedge fund manager, and the stocks that you buy go up, it’s not too hard to write your annual investor letter. “We bought some stocks, they went up, our process works great, now I have […]
A $210 Billion Rally in Chip Stocks Leaving Hedge Funds in Dust
(Bloomberg) As fast as the rebound in the broad market has been since Christmas, it’s been faster in chip stocks. That’s made for hard feelings among traders who have watched in dismay as companies rallied while reporting their worst sales […]
Company Settles Unregistered ICO Charges After Self-Reporting to SEC
(HedgeCo.Net) The Securities and Exchange Commission has charged Gladius Network LLC with conducting an unregistered initial coin offering (ICO), which the company self-reported to the SEC. According to the SEC’s order, Gladius conducted an ICO in late 2017, after the […]