Monthly Archives: February 2017
Preqin: Investors Diversify Alternative Assets Exposure
(FINalternatives) Alternative investors have significantly increased their asset class diversity over the past year, according to new research from data provider Preqin, while satisfaction with private equity is at record levels. More than a third of investors have exposure to […]
Marshall Wace Bets Grocer Sainsbury May Need Rights Offering
(Bloomberg) J Sainsbury Plc may need a rights offering as margins shrink amid fierce competition among U.K. supermarket operators, according to Marshall Wace LLP, a U.K. hedge-fund firm that’s betting on a decline in the company’s shares. “Sainsbury’s balance sheet […]
CME Group Sees Chinese Hedge Funds, State-owned Firms Driving Asia Growth
(Reuters) China’s 2015 market crash sparked a surge in Asian trading for futures exchange giant CME Group as Chinese funds hedged their risk offshore and growth prospects remain strong, the bourse’s head of Asia said on Tuesday. Christopher Fix, managing […]
BlackRock, Fidelity Bet Big on Brazil’s Booming Equities Market
(Bloomberg) BlackRock and Fidelity are betting Brazil’s world-beating stock surge over the past year has yet to run its course. William Landers, a money manager at New York-based BlackRock, says he entered the year with a “pretty big overweight” in […]
Some of the Biggest Names in the Hedge Fund Industry are Planning to Invest in a Hot New Fund
(The Business Insider) Philippe Laffont, the founder of Coatue Management; Louis Bacon, the founder of Moore Capital; and Dan Loeb, the founder of Third Point, are planning to invest in Ben Melkman’s Light Sky Macro, a New York hedge fund […]
SEC to Host Crowdfunding Dialogue February 28
(Hedgeco.NET) The Securities and Exchange Commission will host a crowdfunding symposium Feb. 28, covering research, challenges, opportunities, and the effects of securities-based crowdfunding on various market participants. The Commission’s Division of Economic and Risk Analysis is partnering with NYU’s Salomon […]
Ex-Forex Traders Get Jail Time for Cheating Banks
(Bloomberg) Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were sentenced to jail terms of as long as 15 weeks for cheating the banks by making false trades. Former HSBC senior dealer Ivan Chng was sentenced […]
SEC Charges Company and Officers With Defrauding Investors
(HedgeCo.NET) The Securities and Exchange Commission has charged a California-based penny stock company and four corporate officers with misleading investors about the research, development, and profitability of their purported business to manufacture power generation products such as fuel cells. The […]
Lyxor: Hedge Fund Index Gains 1% On Macro, CTA Strategies
(FINalternatives) Hedge funds have continued to benefit from a supportive earnings season in the U.S. and a general risk-on sentiment across the board, according to the latest edition of Lyxor Asset Management’s Weekly Brief. To read this article:
JANA Partners Inks Deal With Tiffany & Co. For Three Board Seats
(FINalternatives) Barry Rosenstein’s activist hedge fund JANA Partners has struck a surprise deal with Tiffany & Co. in which the luxury retailer will add three directors to its 10-seat board. To read this article:
Global Prime Partners Launches Structured Products Unit
(FINalternatives) London-based Global Prime Partners has launched a structured products division that will provide clients with streamlined access to top issuers along with custom technology and customer service. To read this article:
Investors are Charging into Emerging Market ETFs
(Bloomberg) U.S. President Donald Trump has supported many policies that could harm emerging market economies. But investors are betting that his bark will turn out to be worse than his bite. More than $7 billion has poured into exchange-traded funds […]