Monthly Archives: May 2017
Hatteras Taps Portfolio Advisors As Sub-Advisor For Core Alternatives Fund May 2 2017 | 9:51pm ET
(FINalternatives) Liquid alternatives specialist Hatteras Funds has formed a partnership with Connecticut-based private markets manager Portfolio Advisors to serve as a sub-advisor to the $582 million Hatteras Core Alternatives Fund, and incorporate secondary interests in private equity, private credit and […]
Activist Investors Marcato Capital Management, JANA Partners Shine in April
(FINalternatives) Mick McGuire’s Marcato Capital Management and Barry Rosenstein’s JANA Partners, two of the best-known activist hedge funds, posted gains in April as they engage in high-profile campaigns against Buffalo Wild Wings and Whole Foods, respectively. To read this article:
How Trump’s Tax Plan Could Make the ‘Hedge Fund Guys’ Richer
(Yahoo) The singe-page tax plan put forth by the White House last week makes no mention of taxes on so-called carried interest, income claimed by hedge fund and private equity managers that is taxed at a lower rate than ordinary […]
Ex-RBC Trader Damian Edwards Starts Asia Event-Driven Hedge Fund
(Bloomberg) Damian Edwards, a former managing director at Royal Bank of Canada, is starting an Asian event-driven hedge fund to take advantage of a surge in mergers and acquisitions in the region. Metrica Partners Pte plans to start this month […]
Puerto Rico Faces Hedge Fund Lawsuits as US Reprieve Ends
(Bloomberg) Puerto Rico is facing a fresh round of creditor lawsuits after a temporary reprieve on litigation was lifted, exposing the distressed Caribbean island to the consequences of the defaults on much of its $70 billion of debt. Hedge funds […]
Hedge Fund Marcato Up 6% in 2017 After Strong April
(Reuters) Activist hedge fund Marcato Capital Management, which is currently seeking to oust the chief executive at Buffalo Wild Wings, has gained 6 percent in the first four months of 2016. The San Francisco-based hedge fund returned 3 percent in […]
It Took a Baby Hedge Fund to Demand that Etsy Behave Like a Grown-Up
(Dealbreaker) It’s miraculously taken more than two years for someone to realize that Etsy is a totemic example of a public company subconsciously calling out in the darkness of its own confusion for the sweet release of shareholder activism. But […]
CFA Institute Mulls Adding ‘Big Data’ to Financial Analyst Exam
(Reuters) The CFA Institute will weigh changing its formidable exam to tackle artificial intelligence and the “big data” investors cull for an edge in markets, a senior official from the U.S. accrediting group said on Tuesday. The institute’s Chartered Financial […]
Oil Prices Fall as Hedge Funds Throw in the Towel
(Oil Price) Oil prices fell on Monday and Tuesday as hedge funds and money managers have started to cut bullish positions in oil in a reaction to quickly growing supply… To read this article:
The More Likely Reflation Trade is in Europe
(Harvest) Political risk may have ratcheted lower after the first round of the French presidential election. But the latest jump in asset prices across Europe appears to have tailwinds well beyond politics. To read this article:
The Mirror Image of the Weak Q1 GDP Reading
(Harvest) The first quarter economic headline is quite negative, and to be sure, concerning underlying data points are present. But it’s not uniformly negative, with other data points suggesting higher growth ahead. To read this article:
Executives Charged in Connection With Accounting Failures at Government Contractor
(HedgeCo.Net) The Securities and Exchange Commission today announced charges against two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures. The SEC […]
