Monthly Archives: February 2019
Global algorithmic trading market to surpass $21.69bn by 2026
(Hedgeweek) Global algorithmic trading market was valued at USD9.30 billion in 2017, and is projected to exhibit CAGR of 10.1 per cent over the forecast period (2018-2026), according to data released by Coherent Market Insights. To read this article:
Global ETF and ETP asset growth continued to outpace global hedge fund industry in Q4 2018
(Hedgeweek) Assets invested in ETFs and ETPs listed globally amounted to $4.82 trillion at the end of Q4 2018, following net?inflows of $164.84 billion and market moves during the period, according to ETFGI’s Q4 2018 Global ETF and ETP industry […]
Hedge Fund Appaloosa Urges Allergan to Separate Roles Of Chairman, CEO Again
(Reuters) Hedge fund Appaloosa LP said on Tuesday it sent a letter to Allergan Plc’s board of directors, urging them to separate the roles of chairman and CEO, a year after making a similar request. Last year, the hedge fund […]
Fourth Quarter 2018 Review of the Long/Short Equity Hedge Fund Space
(Nasdaq) Volatility returned to equity markets in the fourth quarter following two relatively benign quarters and, unfortunately for most market participants, it was predominantly to the downside. Despite the highest annual GDP growth rate in 10 years and 80% of […]
Wall Street Veteran Says U.S.-China Deal Will Be Sell Trigger
(Bloomberg) A trade deal between the U.S. and China will put an end to the rally in risk assets that’s been in place since late December, according to Hondius Capital Management LP’s Shawn Matthews. “Right now, it’s a risk-on mentality […]
Ray Dalio Making It Clear That Cupid Should Steer Clear Of The Woods Of Westport
(Dealbreaker) Another tragic ending to a Bridgewater romance. To read this article:
Here Are the Finance Firms Cutting Jobs After Turmoil in Markets
(Bloomberg) Asset managers and banks are under pressure as volatility roils global markets and investors pile into passive, low-fee funds. The $3 trillion hedge fund market has been hit hard as performance sank and funds closed last year. One recruiter […]
Two Defendants Charged with Lying to the SEC Sentenced in Microcap Fraud Case
(HedgeCo.Net) A stock promoter and a former chairman of a Massachusetts-based medical diagnostics company previously called Endeavor Power Corp were sentenced in a federal court in Boston, Massachusetts in a related criminal case brought by the Massachusetts U.S. Attorney’s Office. […]
December’s strugglers bounced back in January, says Lyxor
(Hedgeweek) Hedge fund strategies that suffered in December rebounded last month (L/S Equity, Relative Value Arbitrage), while those resilient at the end of 2018 (CTAs) lagged behind, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To […]
Smaller investment firms face challenges in compliance management
(Hedgeweek) Small to mid-sized investment firms continue to face significant challenges in operating compliance programs that are needed to meet intense regulatory scrutiny, according to Optima Partners, a leading global financial regulatory compliance firm. To read this article:
Gannett’s Board Rejects Hostile Bid by MNG Enterprises
(Reuters) Gannett Co Inc said on Monday its board rejected newspaper chain MNG Enterprises Inc’s unsolicited bid saying the offer undervalued the company and was not credible. MNG, controlled by secretive hedge fund Alden Global Capital LLC, offered to buy […]
Bill Gross Retires After Storied Four-Decade Career in Bonds
(Bloomberg) Bill Gross, who reigned for decades as the Bond King at Pacific Investment Management Co., is retiring more than four years after jumping to Janus Henderson Group Plc from the fixed-income giant he co-founded. “I’ve had a wonderful ride […]