Monthly Archives: February 2020
A new report offers due diligence framework for sustainable investing
(Opalesque) A new report from the Money Management Institute (MMI) and The Investment Integration Project (TIIP) in cooperation with Thornburg Investment Management offers a due diligence framework for sustainable investments. The report is designed to help investment consultants and investors […]
David Solomon’s Culling of Goldman Traders Reportedly Catches a Major Body
(Dealbreaker) Peaceful transferences of power are delicate and difficult to achieve. More often than not, ruling classes foster resentment or even outright hostility in the people over whom they rule. When those reigns come to an end, the shifting balance […]
Scientists Prove Crowded Hedge Fund Stocks Are Real and Risky
(Bloomberg) It’s a trader’s maxim: don’t follow the herd. Now, new research suggests you actually can make money pilling into stocks that speculators are obsessed with, but at a high cost to your nerves. While swimming with the hedge fund […]
Final Judgments Handed Down Against Former Law Partner and His Neighbor Charged with Insider Trading
(HedgeCo.Net) A federal district court has entered final consent judgments against a former law firm partner and his neighbor, who were charged with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC’s complaint, […]
Hedge fund assets up in January as performance offsets investor redemptions
(Hedgeweek) Investors pulled a modest USD1.66 billion from the global hedge fund industry in January. However, strong hedge fund performance almost across the board in January offset those redemptions, lifting total industry assets to USD3.214 trillion, according to eVestment’s January […]
South Florida Investment Fund Allegedly Defrauded Investors Out of Millions.
(HedgeCo.Net) Fraud charges and an asset freeze have been filed against the operators of a South Florida-based investment fund scheme, one of whom has a prior felony conviction and is on parole after nearly 20 years in prison. The SEC […]
JP Morgan Says First-quarter Trading Revenue to Drop Significantly
(CNBC) Wall Street’s trading desks are off to a tepid start this year. J.P. Morgan Chase, the world’s biggest investment bank, said that first-quarter trading revenue would probably fall by a “high-teens” percentage amid a slew of difficult factors, according […]
Most UCITS strategies are in positive territory so far in February: Lyxor
(opalesque) Most (80%) among 31 UCITS strategies composed by Lyxor Cross Asset Research are in positive territory so far in February. Trend followers are on track to deliver their best… To read this article:
Two Sigma Unit Gets Up to $500 Million From Massachusetts Fund
(Bloomberg) Sightway Capital, which is owned by hedge fund Two Sigma, is getting a big check from a state pension fund. The Massachusetts Pension Reserves Investment Trust approved investing as much as $500 million in Sightway, a company which was […]
Aberdeen Offers Passive Route into Hedge Fund Strategies
(IR Magazine) Fund provides exposure to macro, relative value, event-driven and equity-hedged strategies. Edinburgh, Scotland-based asset manager Aberdeen Standard Investments (ASI) is launching a fund of alternative Ucits funds for institutional investors, offering a passive route to exposure. To read […]
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 […]
Hyundai Mobis Rejects Elliott Proposal For $2.2bn Dividends
(Reuters) Hyundai Mobis, an affiliate of Hyundai Motor, said on Tuesday its board rejected a shareholder proposal for dividends worth 2.5 trillion won ($2.24 billion) on concerns the spending would undermine future competitiveness. Hyundai Mobis did not elaborate on which […]