Monthly Archives: February 2017
Goldman: ‘Cognitive Dissonance Exists in the US Stock Market’
(Yahoo News) Goldman Sachs analysts believe investors and traders in the stock market are acting irrationally. “Cognitive dissonance exists in the US stock market,” Goldman Sachs’ David Kostin said. “S&P 500 (^GSPC) is up 10% since the election despite negative […]
Separating Politics from Fundamentals
(Harvest) In the U.S. at the moment, politics seem to be sucking all the oxygen out of the room as far as news coverage is concerned. But this masks the fact that, at a fundamental level, corporate America is steadily […]
Yellen Can’t Halt Trump Gold Rally that Funds Bet Against
(Bloomberg) Gold bulls are acting as if they can’t believe a good thing when they see it. They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first time in three weeks, just before […]
SEC, NASAA Sign Info-Sharing Agreement for Crowdfunding and Other Offerings
(HedgeCo.NET) The Securities and Exchange Commission and the North American Securities Administrators Association today signed an information-sharing agreement as new rules to facilitate intrastate crowdfunding offerings and regional offerings take effect. The agreement signed by the SEC and NASAA is […]
Kraft Heinz Offer For Unilever Already Paying Dividends For Hedge Funds
(FINalternatives) Kraft Heinz’s unsolicited $143 billion offer for rival Unilever on Friday has already proven fruitful for hedge funds holding long positions in the consumer products companies. To read this article:
S&P Global Intelligence: Hedge Funds Sold Energy, Consumer Discretionary and Healthcare in Q4/16
(FINalternatives) Hedge funds sold energy, consumer discretionary and healthcare stocks in 2016’s fourth quarter while favoring financials and technology companies, according to the latest edition of the S&P Global Market Intelligence Hedge Fund Tracker. To read this article:
Rallying Hong Kong Stocks Get More Thrust From China Funds
(Reuters)New rules giving Chinese insurers greater access to Hong Kong stocks and a crackdown on risky products at home are pushing mainland funds into the former British colony, driving the benchmark Hang Seng index to five-month highs. Long-term capital from […]
Hedge Fund Oasis Pushes for a Better Panasonic-PanaHome Deal
(Bloomberg) Oasis Management Co.’s Seth Fischer increased his pressure on Panasonic Corp. to sweeten its offer for listed subsidiary PanaHome Corp., calling the transaction a test case of whether Japan’s corporate governance overhaul is working. Oasis will ask the courts […]
China Bicycle-Sharing Startup Mobike Gets Funding From Temasek, Others
(Reuters) Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings [TEM.UL] and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than $300 […]
Fear of Economic Contraction Sweeps Wall St. Trading Floors
(New York Post) Fear of global economic contraction that could badly derail the US recovery — and throw a monkey wrench into the trading markets — is sweeping through Wall Street boardrooms, as managers intensify technology-driven cost-cutting and rein in […]
World’s Largest Sovereign Wealth Fund is Undergoing Drastic Changes and Ratcheting up Risk Appetite
(HITC Business) The 7.48 trillion Norwegian krone ($903 billion) fund – the largest sovereign fund by assets under management – currently receives all of Norway’s oil and gas income and parliamentary approval would be required to ensure the changes are […]
The Rise and Decline of the Hedge Fund Billionaire
(New York Times) In the annals of the immensely wealthy, the hedge fund manager is a relatively new entry. It has been only about a decade since significant numbers of hedge fund managers, including Kenneth C. Griffin of Citadel, Paul […]