Monthly Archives: March 2018

(Bloomberg) Treasury Secretary Steven Mnuchin said he’s optimistic the U.S. can reach an agreement with China that will avert the need for President Donald Trump to impose tariffs on at least $50 billion of goods from the country.“We’re having very […]

(CNBC) J. P. Morgan developed Quorum two years ago for clearing and settling derivatives and cross-border payments. Rival banks are said to be reluctant to use the platform because it is so closely associated with J. P. Morgan, the FT […]

(Bloomberg) U.S. equities surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent on signs that an escalation of trade tensions was beginning to ease. Chipmakers and banks led gains as the […]

(Bloomberg) Among those making heavy bets on technology stocks during the sector’s worst week in nearly eight years were quant funds. As of Wednesday, firms that use technology and formulas to automate the investment process had their highest gross exposure […]

(Bloomberg)Knighthead Capital Management, the $3 billion distressed-debt hedge fund firm, is planning on raising its first drawdown fund, according to people with knowledge of the matter. The New York-based company, which was founded a decade ago by Ara Cohen and […]

(Bloomberg) Hedge funds could learn a thing or two from exchange-traded fund holders, at least as far as the gold market is concerned. As a trade war between the U.S. and China broke out, bullion futures posted their best weekly […]

(Reuters) More hedge funds closed their doors than opened up in 2017, according to global research released on Friday, but the pace of liquidations slowed as the industry attracted fresh cash. Last year 784 funds went out of business compared […]

(Reuters) Hedge fund Glenview Capital Management on Friday said it now owns 5.6 percent of Newell Brands Inc, announcing its increased stake just days after the maker of Sharpie markers and Elmer’s Glue handed activist investor Carl Icahn board seats.Glenview, […]

(Bloomberg) Public companies in the U.S. have to make public filings — annual and quarterly reports on Form 10-K and 10-Q, announcements of material events on Form 8-K, descriptions of trading by insiders and big shareholders, etc. — on the […]

(Bloomberg) More hedge funds closed than opened in 2017 amid lackluster performance. Yet it wasn’t all bad news for the industry. A total of 784 funds were liquidated while 735 launched, according to data from Hedge Fund Research Friday. Liquidations, […]