Monthly Archives: May 2019
HSBC GAM Adds to Alternatives Team
(HedgeWeek) HSBC Global Asset Management has appointed Shantini Nair as Senior Product Specialist for infrastructure debt investments in the Alternatives team. With over 20 years’ experience in institutional asset management, Nair will focus on developing and expanding the team’s infrastructure […]
Veteran Lawyer Says Emerging-Market Debt Is Headed for Trouble
(Bloomberg) For developing countries facing down creditors, Lee Buchheit was the cavalry. During his 43-year career at Cleary Gottlieb Steen & Hamilton LLP, the quick-witted restructuring lawyer gained a reputation for shattering investors’ dreams of sky-high returns. Buchheit, 68, brought […]
Frontier Markets Present Untapped Potential
(Harvest) Frontier markets are often attractive to investors as they include countries or economies that are underdeveloped. In this Q&A, Matthews Asia Portfolio Manager Robert Harvey discusses his current views on investing in frontier markets. To read this article:
Five Individuals Charged with Running a Pump-and-Dump Scheme
(HedgeCo.Net) The U.S. Securities and Exchange Commission filed settled charges against five individuals for orchestrating a fraudulent pump-and-dump scheme involving multiple penny stocks. The SEC alleges that between May 2011 and May 2017, Andrew I. Farmer of Katy, Texas, Scott […]
Gold near two-week low as dollar eclipses safe-haven appeal
(Reuters) – Gold steadied on Monday, trading near a two-week low hit in the previous session, as strong U.S. economic data underpinned the dollar amid geopolitical as well as trade tensions. To read this article:
Coatue may lead $120 mn funding in Faasos parent
(Reuters) New York-based technology hedge fund Coatue Management is in talks to lead a $120 million funding round in Mumbai-based Rebel Foods, best known for its Faasos brand of cloud kitchens, said three people aware of the matter on the […]
Trade Jitters Kill Global Crude’s Longest Bull Run Since 2011
(Bloomberg) The U.S. and China have just killed the longest run of bets on a global oil rally since 2011. To read this article:
Harvard-Linked Cambridge Square Hedge Fund Set to Shut Down
(Bloomberg) Cambridge Square Capital, a Boston-based hedge fund that has managed money for Harvard University, is shutting down after two years, according to a person familiar with the matter. The firm had about $1.3 billion of regulatory assets under management […]
The Tiny Activist Fund That Reaped 24% Return by Unearthing ‘Cockroaches
(Bloomberg) The stock market’s closing bell has just rung on the third day of short seller Ben Axler’s campaign against Dexcom Inc. in late March, and things are going pretty much according to plan. That’s to say, things are going […]
A Hedge Fund Willing to Share the Downside
(Bloomberg) A fascinating hedge fund experiment is underway in Singapore. To read this article:
Mary D’Souza, Former Managing Director at GE Capital, Joins Star Mountain as a Senior Advisor
(Opalesque) Star Mountain Capital, a specialized investment manager focused exclusively on the large and underserved U.S. lower-middle market, is pleased to announce that longtime personal investor across multiple Star Mountain funds Mary D’Souza has now also become a Star Mountain […]
Gannett Counters the Latest Move by Its Hedge Fund-Backed Rival
(New York Times) Gannett, the owner of USA Today and dozens of other newspapers nationwide, on Thursday won the latest round in its battle with a hedge fund-backed media company intent on buying the chain. The rival company, MediaNews Group, […]