Monthly Archives: April 2018
Speculators’ $27bn Bet Against the Dollar Isn’t Paying Off
(Reuters) Hedge funds are making their biggest bet in seven years that the dollar will weaken as evidence mounts that U.S. economic momentum is slowing, thus limiting the scope for higher interest rates. The flattest yield curve in over a […]
US Fund Manikay to Take Tel Aviv Bourse Stake, Public to Buy 30 Percent
(Reuters) U.S.-based investment fund Manikay Partners will buy 19.9 percent of the Tel Aviv Stock Exchange in a deal valuing it at 551 million shekels ($156 million) while at least 30 percent of the exchange will be sold to the […]
Legendary Investor George Soros Made a Huge Bet Against Norwegian Air — And Lost 40% in a Single Day
(The Business Insider) Norwegian has for long been one of the most shorted stocks in the Nordic stock market with north of 9 percent of its shares shorted. One of the hedge funds that held a negative position in the […]
Stock Investors on Higher Floors Take More Risks – Here’s Why
(CNBC) Stocks have been on a bumpy ride lately as concerns over a trade war prompt investors to rethink their appetite for risk.But what prompts people to take risks in the first place? A desire for wealth? Fear of failure? […]
Zimbabwe in Tight Timeline to Repay Arrears, Seek More Funding
(Reuters) Zimbabwe stuck on Monday to its plan to clear its debt arrears by September with the aim to tap international capital markets by the end of the year, though that timeline would be “very fast-tracked.” Zimbabwean officials met with […]
Jupiter Nabs Steve Cohen Hedge Fund Alum for Long/Short Launch
(Portfolio Adviser) Jupiter Asset Management has appointed a former alumnus of Steve Cohen’s hedge fund, Darren Starr, to its growing liquid alternatives business as it plans to launch a US equity long/short fund. To read this article:
A Focused Approach to Innovation
(Harvest) We are in the early days of one of the most innovative times in history. Our in-depth fundamental research process focuses on investing in the companies that are capitalizing on innovation and avoiding those that are being disrupted. To […]
SEC Charges Medical Device Company and Founder With Fraud
(Hedgeco.Net) The Securities and Exchange Commission has charged convicted felon and former NHL team owner Peter H. Pocklington, his medical device company, and others with defrauding investors by hiding Pocklington’s recidivist history and by misappropriating investor funds. The SEC alleges […]
Cantor Brokerage Chief Matthews Leaves to Start a Hedge Fund
(Bloomberg) Cantor Fitzgerald LP’s Shawn Matthews is stepping down as head of the firm’s broker-dealer unit and plans to start a hedge fund. Matthews spent nine years atop the division, Cantor Fitzgerald & Co., working to wrest talent and market […]
Silver’s Bullet
(Bloomberg) Someone is about to catch a bullet in the silver market. Commodity funds are betting that the metal is headed for a fall. The net short position that money managers have in Chicago silver futures touched a record 39,604 […]
Soros-Backed Hedge Fund Starts EM Pool
(Bloomberg) Glen Point Capital LLP, a London-based hedge-fund firm that counts billionaire George Soros among its investors, has started a new strategy to target trading opportunities in emerging-market debt. The Glen Point Emerging Markets Debt Fund started trading in March […]
Wall Street Eyes Earnings Stabilizer After FAANG Stocks Wobble
(Reuters) Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group. […]