Monthly Archives: May 2018
Steve Cohen’s Point72 is Bullish on Asia and Likes These Sectors
(CNBC) Marc Desmidt, Point72’s CEO of International, likes two sectors in China in particular.”The emergence of China and its growing wealth, means that people in China are much more focused on their physical and emotional well-being,” Desmidt said. “Health care […]
SEC Obtains Emergency Order Halting Fraudulent Coin Offering Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court […]
U.S. Treasuries: Break On Through to the Other Side
(Harvest) Last Tuesday, May 15, represented a red-letter day for the U.S. Treasury (UST) market, as the 10-Year yield moved above a key technical level and ended up posting its highest numbers since 2011. The natural question is: Now that […]
Alternatives Funds Turn to Values-based Audience Profiles to Motivate Allocators and Build Assets
(Hedgeweek) Hedge fund, private equity and other asset management firms are using cutting-edge, values-based marketing technology to open new doors and build stronger relationship with allocators. This new Valuegraphics profiling identifies more precisely what drives investor decision-making, rather than relying […]
Fraud Charges Filed Against Three Former Constellation Healthcare Executives
(Hedgeco.Net) The Securities and Exchange Commission has filed fraud charges against three former Constellation Healthcare Technologies Inc. executives who falsified financial and other information they provided to a private firm in the course of negotiating the private firm’s acquisition of […]
Merger arbitrage recovers in May
(Hedgeweek) Widening deal spreads in March-April translated into an underperformance of Merger Arbitrage in early Q2, but the strategy recovered in May along with the tightening of deal spreads, according to the latest Weekly Brief from Lyxor’s Cross Asset Research […]
Credit fund managers turn to opportunities in distressed debt
(Hedgeweek) Intensifying market competition in an increasingly crowded space is the top concern among credit fund managers, according to new research from global law firm Ropes & Gray. To read this article:
Moore Alumni’s New Macro Hedge Fund Said to Get HS Group Backing
(Bloomberg) Soloda Investment Advisors, a hedge fund being started by former Moore Capital Management senior portfolio manager Hassim Dhoda, is being given $100 million in seed capital from strategic investor HS Group, according to a person with knowledge of the […]
HSBC Continues Hiring Spree for Asia Equities
(Bloomberg) HSBC Holdings Plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG, the German lender which is making deep cuts to its own global operations. HSBC has […]
Hedge Fund Winton Capital Sees Profits Edge up, But Assets Under Advisement Keep Sliding
(City A.M) Hedge fund firm Winton Group, founded by businessman David Harding, announced today that its profits were up slightly after a disastrous 2016. Pre-tax profits were up to £125m in 2017, after being slashed in half to £107m a […]
BT Takes a Leaf Out of Hedge Fund Billionaire’s Songbook
(Bloomberg) After years of prevarication, BT Group Plc seems finally willing to consciously uncouple from its fixed-network business. CEO Gavin Patterson may be learning from the experience of BT’s Italian peer. The former British national telecoms operator is evaluating informal […]
Athenahealth Hired Adviser to Review Paul Singer’s Buyout Offer
(New York Post) Athenahealth blasted billionaire Paul Singer for publicly pressuring it to sell itself — even as it revealed it had hired advisers to review a $6.9 billion buyout offer from Singer’s hedge fund….. To read this article:
