Monthly Archives: May 2017

(Reuters) Activist investor Elliott Management raised the pressure for strategic changes at BHP (BHP.AX) (BLT.L) on Tuesday, calling for an independent review of the mining giant’s petroleum business.Elliott, which has built up a 4.1 percent stake in BHP’s London-listed arm […]

(Reuters) Hedge funds had become increasingly bearish toward crude oil by the middle of last week, leaving them vulnerable to a short squeeze with OPEC’s next meeting coming up on May 25. In fact, hedge fund positioning in crude is […]

(The Business Insider) Business Insider spoke with Blair Fleming, head of RBC Capital Markets US, about dealmaking and the Canadian bank’s US growth plans. Fleming: “We have a very deliberate and straightforward strategy to grow our investment bank here in […]

(New York Post) Jeffrey Ubben is handing over the reins — at least when it comes to investing — at his $16 billion hedge fund ValueAct. Ubben, 55, will continue to serve as CEO, but ValueAct’s current president Mason Morfit […]

(Harvest) In the post-election equities rally, financials were among the top returning sectors in the U.S. Since their early March peak, however, the sector has incurred greater losses than those of the broader market. The initial optimism was premised on […]

(Harvest) The Yen and the US dollar are weaker as the week begins and all attention is focused once again upon North Korea which has launched yet another test missile, which has reached into the upper atmosphere but has travelled […]

(FINalternatives) After coming back to life in the second half of last year, emerging markets continued to bolster the results at hedge funds exposed to them into April, according to new data from Hedge Fund Research. To read this article:

(CNBC) Ray Dalio, founder of Bridgewater Associates, is feeling OK about markets and the economy right now, but he is getting really worried about the future.”Big picture, the near term looks good and the longer term looks scary,” Dalio wrote […]

(CNBC) Help likely is on the way for banks looking to get out from under trading restrictions levied after the financial crisis. At a closed-door meeting earlier this week, Treasury Secretary Steven Mnuchin directed five regulatory agencies to review the […]

(Bloomberg) It’s the M&A banker’s holy grail: a deal invulnerable to an assault by greedy hedge funds. Two German telecommunications groups have had a go at just that — seemingly with some success. United Internet AG and Drillisch AG want […]

(The Business Insider) UK-based hedge fund firm Lansdowne Partners invested more than half a billion in Wells Fargo in the first quarter. The fund invested about $544 million in the bank during the first three months of this year, according […]