Monthly Archives: April 2019
The Allocator Finalists for II’s 2019 Hedge Fund Awards
(Institutional Investor) Yale’s endowment, UTIMCO, and Texas Teachers are among the institutions nominated. To read this article:
What Constitutes Value?
(Capital Trading Group) We are going to begin this week with our annual value lesson. For those of our readers that have not read this before, we hope you enjoy this lesson and we hope that you gain some very […]
Darsana Posts Huge Gain in First Quarter
(Institutional Investor) The flagship hedge fund operated by his firm Darsana Capital Partners posted a 20 percent gain in the first quarter, easily beating the Standard & Poor’s 500 stock index’s 13.6 percent gain — along with most other hedge […]
Lawmakers grill Wall Street bigwigs over risks to US economy
(New York Post) The titans of Wall Street got hauled onto Capitol Hill on Wednesday to get grilled…The chief executives of seven top US financial giants — including JPMorgan Chase’s Jamie Dimon and Goldman Sachs’ David Solomon — faced questions […]
Former SeaWorld Lawyer Charged With Insider Trading
(HedgeCo.Net) A former senior lawyer at SeaWorld Entertainment Inc. has been charged with insider trading based on nonpublic information that the company’s revenue would be better than anticipated for the second quarter of 2018. The SEC alleges that Paul B. […]
Cerner settles with hedge fund Starboard: to add new directors, increase buybacks
(Reuters) – Healthcare information company Cerner Corp said on Tuesday it reached a settlement with activist hedge fund Starboard Value LP to add new directors to its board and buy back more of its shares, sending the stock up as […]
Hedge funds up 1 per cent in March, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index gained 1.00 per cent in March, supported by strength in global equity and bond markets as central banks shy away from tight monetary policies. To read this article:
New report delivers wake-up call for active management industry
(Hedgeweek) The active management industry must work harder in a number of critical areas to convince investors of its value proposition, according to a new report released by Allianz Global Investors. To read this article:
Protégé Partners Weinberg joins APG Asset Management
(Opalesque) Bailey McCann, Opalesque New York: Michael Weinberg has joined APG Asset Management as Head of Hedge Funds and Alternative Alpha Hedge Fund Investments. APG Asset Management is the investment arm of APG Groep NV, the largest pension provider in […]
Prytania AM adds Grosvenor’s Felton to board
(Opalesque) Prytania Asset Management has announced the appointment of Eric Felton as independent director of the firm, effective April 1 2019. Eric has a wealth of investment experience, most latterly from 13 years as CFO of GCM Grosvenor, one of […]
Insider Trading Charges Filed Against Pharma Company Accountant, Three Others
(HedgeCo.Net) On March 19, 2019, the Securities and Exchange Commission obtained final judgments against a pharmaceutical company accountant and three tippees in an insider trading scheme. The SEC charged Evan R. Kita, Daniel Perez, Richard Yu, and Chiang Yu on […]
Cerner Settles With Hedge Fund Starboard: To Add New Directors, Increase Buybacks
(Reuters) Healthcare information company Cerner Corp said on Tuesday it reached a settlement with activist hedge fund Starboard Value LP to add new directors to its board and buy back more of its shares, sending the stock up as much […]