Monthly Archives: April 2017

Gemsstock Reopens To Outside Capital Amid Macro Rebound

(FINalternatives) London-based macro fund manager Gemsstock has reopened to outside capital for the first time since closing in June of last year. To read this article:

27 Firms and Individuals Charged With Fraudulent Promotion of Stocks

(HedgeCO.Net) The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being […]

Turnaround Investor Maglan Capital Gains 7.8% In March

(FINalternatives) Distressed investing specialist Maglan Capital has reported a +7.82% gain net of all fees and expenses for March, widely outperforming broader underlying markets as well as its comparable HFRI benchmark index. To read this article:

Hedge Fund Jana Lines up Potential Directors for Whole Foods Battle

(Reuters) Hedge fund Jana Partners has lined up a handful of people including former Gap Inc Chief Executive Glenn Murphy to serve as possible directors at organic grocery chain Whole Foods Market, a person familiar with the matter said on […]

BHP Rebuffs Elliott’s Reform Plan, Says Costs Outweigh Gains

(Reuters) BHP Billiton on Monday rejected a plan by activist shareholder Elliott Advisors to scrap the miner’s dual company structure, split off its oil business and return more cash to investors, saying the costs would outweigh any benefits. Elliott outlined […]

Hedge Funds Turn Net Bearish on Ags – Spurring Hopes For Price Spikes

(Agrimoney) Hedge funds’ renewed pessimism over ag commodity prices took them net bearish on the sector for the first time in more than a year – raising ideas they may be vulnerable to losses should hiccups beset the spring sowings […]

Hedge Funds Build Big Bullish Position in U.S. Natural Gas

(Reuters) Hedge funds are more bullish about U.S. natural gas prices than at any time for almost three years, according to position records published by regulators and exchanges. By April 4, hedge funds and other money managers had amassed a […]

Toscafund Wipes Out 2016 Flagship Losses With Strong Q1

(HFMWeek) London-based Toscafund Asset management has reversed losses suffered in its flagship fund last year with a strong first quarter, performance data seen by HFMWeek reveals. The $600m in AuM Tosca fund was up 7.8% as of 31 March after […]

Flash-Crash Trader Jumps Into Currency Market When Others Flee

(Bloomberg) There’s nothing nefarious afoot here, to be clear. It’s just that at a time when many currency-trading firms don’t know what to do when extreme price fluctuations hit, Lieberman’s brought together a bunch of military and tech gurus to […]

White Collar Watch: A Dubious Key Witness Didn’t Sink This Insider Trading Case

(New York Times) The prosecution of William T. Walters for insider trading had it all: outsize personalities from the worlds of sports and business, a defendant known for high-stakes betting with a history of brushes with the law, the prosecution […]

Penn Treasurer Says he’s Moving $1 Billion to Passive Investments

(CNBC) Pennsylvania’s elected treasurer announced Monday that about $1 billion in state funds that have been managed by outside firms will instead be overseen internally in a change designed to save millions in annual fees. Joe Torsella said the new […]

Hedge Funds Regain Some of Their Faith in Oil

(Reuters) Hedge funds have turned bullish towards crude oil again as international marker prices have steadied above the psychologically important $50 threshold.Hedge funds and other money managers increased their net long position in the three main Brent and WTI futures […]