Monthly Archives: February 2019
Nippon Life Plans to Step up Foreign Bond Buys Without FX Hedge
(Reuters) Nippon Life Insurance Co, Japan’s largest private insurer, is increasing investment in foreign bonds without currency hedge, as it sees limited risk of a steadily rising yen, its chief investment officer said on Tuesday. To read this article:
Windstream Files For Chapter 11 Bankruptcy After Court Ruling
(Reuters) Windstream Holdings Inc filed for bankruptcy protection on Monday, days after the rural telecom service provider lost a legal battle against Aurelius Capital Management over a spinoff of its network assets into a real estate investment trust. A U.S. […]
Tesla Stock Is Popping, But Here’s Why These Hedge Funds Are Short
(Valuewalk) Tesla Inc. has proven to be one of the most divisive stocks over the years, driven by the tension between CEO Elon Musk and the many well-known investors who are shorting it. Multiple hedge funds highlighted their Tesla positions […]
BlackRock Bets Momentum Will Get its Mojo Back
(Bloomberg) BlackRock Inc. may be Wall Street’s last high-profile supporter of a quant strategy that’s flipped from the bull market’s biggest driver to its most-conspicuous laggard. To read this article:
The Game Theory of Brexit
(Harvest) In mid-January, we learned—to nobody’s surprise—that the Brexit agreement devised between the United Kingdom (UK) and the European Union (EU) last year cannot pass UK parliament. And without passing parliament, it can’t proceed. Now the United Kingdom wants to […]
3 ‘Strong Buy’ Large-Caps Hedge Funds Are Buying Now
(Nasdaq) The hedge funds’ 13F filing season generates a blizzard of raw data, and the sheer volume is a tad overwhelming. Fortunately, the major financial players will throw that data to teams of analysts, who wade in undaunted, and re-release […]
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 […]