Monthly Archives: April 2018
London-Based Onslow Capital Calls Time on Emerging Markets Hedge Fund
(Reuters) British emerging markets-focused hedge fund Onslow Capital Management has closed after a long period of low volatility hit returns and assets fell below a sustainable level, it said in a letter to investors. The move by founder Nicolas Galperin […]
Truss Edge Launches Trade Processing Tech Platform in Europe for Hedge Funds
(Alpha-Week) Truss Edge, a technology company that has been founded to support the day to day portfolio management and reporting tasks of hedge funds and ETFs, is launching in Europe this week. Truss Edge, a technology company that has been […]
Selling to America: the Radical Makeover of Goldman Sachs
(CNBC) Goldman is looking for talent in unusual places because it is trying to pull off a radical makeover, offsetting persistent weakness in its core business of trading by pushing into lending. The most obvious sign of that effort is […]
Walmart could buy controlling stake in Flipkart as early as this week
(Reuters) Walmart Inc (WMT.N) could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday. To read this article:
SEC Charges Additional Defendant in Fraudulent ICO Scheme
(HedgeCo.Net) The Securities and Exchange Commission has announced additional fraud charges stemming from an investigation of Centra Tech Inc.’s $32 million initial coin offering. In an amended complaint filed today, the SEC charged one of Centra’s co-founders, Raymond Trapani, in […]
Market on Collision Course, Says Longtime Stock Bull
(Investopedia) One of the most consistently bullish advocates of investing in stocks has been Jeremy Siegel, a longtime professor of finance at The Wharton School of the University of Pennsylvania and author of Stocks for the Long Run. Right now, […]
Four Harvard Students Jump on the Crypto Hedge-Fund Bandwagon
(Bloomberg) In the 1970s, Bill Gates and Steve Ballmer revolutionized operating system software. Thirty years later, Mark Zuckerberg helped pioneer social networking. So what’s the latest generation of Harvard tech entrepreneurs up to? Looking to cash in on cryptocurrency, of […]
India’s Modi to Visit China’s Xi in New Sign of Diplomatic Thaw
(Bloomberg) Indian Prime Minister Narendra Modi will travel to meet Chinese President Xi Jinping this week, as relations between the world’s two most-populous countries thaw after a tense border dispute last year. To read this article:
RPT-Low profile hedge funds post high returns in year after New York Sohn conference
(Reuters) One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry’s lower-profile managers will probably provide the most […]
Hedge Fund Elliott Turns Up Heat on Vivendi Over Telecom Italia
(Reuters) Activist fund Elliott turned up the volume in its war of words with Vivendi over the French media group’s defense of its strategy for Telecom Italia (TIM), only days before a fight for board seats at Italy’s biggest phone […]
Event-Focus Hedge Funds Drive Inflows in First Quarter, HFR Says
(Bloomberg) Hedge fund inflows climbed in the first quarter as investors piled into funds that specialize in mergers, activism and relative value arbitrage, according to Hedge Fund Research Inc. Net inflows totaled $1.1 billion at the end of March, according […]
As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
(Bloomberg) Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. Funds specializing in virtual currency market making and arbitrage strategies delivered first-quarter gains even as their mostly […]