Monthly Archives: March 2017
Traders Use AI to Give Them The Edge
(HITC Business) Bloomberg News reports that now, after many false dawns, an artificial intelligence technology called deep learning that loosely mimics the neurons in our brains is holding out promise for firms. WorldQuant is using it for small-scale trading, said […]
At Blackrock, Machines Are Rising Over Managers to Pick Stocks
(Boston Globe) From the moment Laurence D. Fink, the chief executive of BlackRock, created the largest fund company in the world by snapping up the exchange-traded fund business from Barclays in 2009, he has faced a thorny challenge. The explosive […]
These Three Sectors Are Getting Slammed as Washington Flounders
(Harvest) Markets spent last week watching the Republican Party eat its own and reject seven years of promises to repeal the broken Obamacare bill while the Democrat Party that destroyed the American healthcare system celebrated. For the moment, investors chalked […]
Why Emerging Market Fundamentals are Positive For 2017
(Harvest) Over the three years of 2013-2015, the cumulative performance of the local currency index was negative 29.6%. Currencies in the index were down on a nominal basis, on average, 50%. Unlike other deeply negative environments for EM, there was […]
Stewart Capital Investment Strategies Offered On HedgeCoVest Platform
(HedgeCo.Net) Stewart Capital Advisors, LLC, a subsidiary of S&T Bank, has teamed up with HedgeCoVest LLC to add three new institutional-quality strategies to the HedgeCoVest Managed Accounts Platform and the SMArt Xchange (‘SMArtX’), a unified managed accounts platform available exclusively […]
Man Sentenced For Setting up Fake Hedge Fund and Stealing More Than Half Million Dollars
(NBC News) A former FedEx driver and the founder and chief investment officer of a local management firm was sentenced to more than two years in prison for stealing more than half a million dollars from local investors. Joshua Knaup, […]
Hedge Fund Sees 21% Returns on Advice From Nobel Prize Pickers
(Bloomberg) If you’re investing in health care stocks, you’d better ask the experts.Thanks to the advice from a range of professors, Swedish hedge fund Rhenman Healthcare Equity L/S has delivered an average annual return of 21 percent since it started […]
Arqaam Capital Launches Global Hedge Fund
(Reuters) Dubai-based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking […]
Proxy Battle For Buffalo Wild Wings Heats Up Ahead of AGM
(FINalternatives) The proxy fight between Mick McGuire’s activist hedge fund Marcato Capital Management and popular restaurant chain Buffalo Wild Wings intensified on Monday as the company included CTI Foods executive Sam Rovit – already one of four candidates on Marcato’s […]
Hedge Funds Cut Bullish Ag Bets, as ‘Trumpflation Trade’ Reverses
(Agrimoney) Hedge funds cut their bullish betting on ags to the lowest in nearly a year, regulators revealed, amid growing doubts over the “Trumpflation” trade – but potentially setting up grain markets for hefty volatility later this week. Managed money, […]
Feds Want to Use Icahn’s Tweets in Insider Trading Case
(New York Post) Tweets by President Trump pal Carl Icahn could get dragged into the insider-trader trial of golf-course owner Billy Walters, court papers show. Manhattan federal prosecutors want to show the jury overseeing Walters’ insider-trading case that Icahn, who […]
FS Investments Launches New Energy-Focused Total Return Interval Fund
(FINalternatives) Alternative asset manager FS Investments has debuted its first closed-end interval fund in partnership with Chicago-based Magnetar Capital that will invest in the equity and debt securities of both public and private energy and energy infrastructure companies. To read […]