Monthly Archives: May 2021
Hedge funds bet on subscription-based businesses, pharmacy and copper
(Reuters) – Hedge fund managers on Wednesday recommended buying stocks of companies they believe will benefit from the movement of many services online, even though society is expected to return to more human contact after the global coronavirus pandemic ends. […]
Florida private equity manager indicted in New York for loan fraud
(Reuters) A Florida private equity manager has been indicted on charges he lied about his investors in order to obtain a $95 million bank loan for his $500 million fund, federal prosecutors in Manhattan said on Wednesday. To read this […]
Equity hedge fund Argonaut Capital sees “treasure trove” of shorting opportunities
(Hedgeweek) Long-short equity hedge fund Argonaut Capital is eyeing a potential “treasure trove” of short opportunities in previously well-regarded stocks, as the changing inflationary environment and opening up of economies impacts markets. To read this article:
Versor releases new white paper on value investing
(Opalesque) Versor Investments, a quantitative investment management firm focused on alternative investment strategies, has just released a white paper titled “Value Returns in 2021: Mirage or Oasis,” which looks at historical valuation spreads between value stocks and growth stocks. To […]
Stanley Druckenmiller says the Fed is endangering the dollar’s global reserve status
(CNBC) Federal Reserve policies aimed at keeping markets and the economy afloat during the pandemic could end up threatening the long-term health of the U.S. dollar, according to investing magnate Stanley Druckenmiller. The chairman and CEO of Duquesne Family Office […]
Florida Company and CEO Charged with Misappropriating Investor Money and Operating a Ponzi Scheme
(HedgeCo.Net) The Securities and Exchange Commission has announced that it filed an emergency action and obtained a temporary restraining order and an asset freeze to stop an alleged Ponzi scheme and misappropriation of investor proceeds perpetrated by Melbourne, Florida resident […]
All eyes are on this inflation number, which could have the biggest gain in nearly a decade
(CNBC) Consumer inflation data for April is expected to show the biggest year-over-year gain in nearly a decade. The anticipated 3.6% jump in the headline consumer price index in April would be the largest since Sept. 2011. CPI is expected […]
Why investors should look past this week’s inflation data, according to Credit Suisse’s Golub
(CNBC) Consumer prices data for April is scheduled for release Wednesday morning and producer prices on Thursday. “It is making a lot of people uncomfortable, and I think that is ultimately what is giving the market some near-term indigestion,” According […]
Bitcoin’s march towards the mainstream
(Reuters) Bitcoin hit a record high just shy of $65,000 last month, the latest landmark on its march to wider acceptance. A growing embrace by major companies and financial firms, particularly in the United States, have fuelled its gains. To […]
Opimas estimates that over $190 billion worth of bitcoin is currently at risk due to sub-par safekeeping
(Hedgeweek) A number of institutional participants and even some large cryptocurrency exchanges are relying on sub-par custody approaches when holding digital assets on behalf of clients, according to Opimas, with the company estimating that over $190 billion worth of bitcoin […]
SEC Awards $22 Million to Two Whistleblowers
(HedgeCo.Net) The Securities and Exchange Commission today announced awards totaling approximately $22 million to two whistleblowers whose information and assistance were of crucial importance to successful SEC enforcement actions brought against a financial services firm. The first whistleblower received an […]
Hedge funds are on a roll with strongest Jan-to-April returns in 20 years
(Hedgeweek) Hedge funds are on a roll this year, with the industry recording its best January-to-April performance in more than 20 years, as managers profited from tech gains, commodities moves, strong earnings, and renewed optimism over the reopening US economy. […]
