Monthly Archives: May 2018
An old Wall Street money manager with $500 billion is moving to Nashville from Manhattan to save money
(CNBC) Asset manager AllianceBernstein will move its headquarters from Midtown Manhattan to Nashville and relocate about 1,050 jobs beginning later this year, according to a filing with the Securities and Exchange Commission… To read this article:
10-Year Treasury Yield Upshifts past 3% as Fear of Curve Inversion Grows
(Harvest) Stocks slide on rising rates and yield curve inversion concerns, but a recession doesn’t look likely, judging by other economic data and the high-yield bond market. To read this article:
Fund Manager Mobius, Ex-Franklin Colleagues, Launch New Firm
(Reuters) Veteran emerging markets fund manager Mark Mobius has teamed up with two former colleagues from U.S. asset manager Franklin Templeton to launch investment firm Mobius Capital Partners…. To read this article:
Fund Managers Talk Up Short-Selling Ideas At New York Conference
(Reuters) Hedge fund managers will take center stage at a conference in New York on Thursday to call out companies they are wagering against. Years of strong equity gains have battered short sellers betting on a company’s stock price to […]
Rokos Overtakes Howard as Billionaire’s Clients Pull Money
(Bloomberg) The protege has overtaken the master. Chris Rokos’s investment firm manages more money than Brevan Howard Asset Management for the first time as clients continue to quit billionaire Alan Howard’s hedge fund company. To read this article:
SEC Shuts Down $85 Million Ponzi Scheme and Obtains Asset Freeze
(HedgeCo.Net) The Securities and Exchange Commission today announced the unsealing of fraud charges against a Mississippi company and its principal who allegedly bilked at least 150 investors in an $85 million Ponzi scheme. The defendants agreed to permanent injunctions, an […]
This Hedge Fund Trade Is Stirring Fresh Controversy in the CDS Market
(Bloomberg) It seemed like a sure-fire bet: short the debt of a highly leveraged newspaper company that’s losing money. And for a while, it worked as investors piled up almost $500 million of wagers by buying credit-default swaps on the […]
The big comeback: Hedge fund managers at Milken predict industry rebound
(Reuters) Hedge funds, following an extended period of low investor confidence and unspectacular returns, are poised to be great again, according to managers at a West Coast gathering of some of the world’s largest investors. To read this article:
Hedge funds trim positions in crude but boost fuels
(Reuters) – For all the bullish chatter, hedge fund managers have become cautious about increasing their exposure to crude oil, though they are becoming increasingly optimistic about the outlook for refined fuels again.Hedge funds and other money managers cut their […]
Glencore to pay USD2 million for exceeding cotton futures position limits
(Hedgeweek) Glencore Agriculture, located in Rotterdam, the Netherlands, and Glencore Ltd of Stamford, Connecticut are to pay a USD2 million CFTC penalty for exceeding cotton futures position limits. To read this article:
EQDerivatives predicts rapid growth for quant investing
(Hedgeweek) The EQ Derivatives survey finds that alternative risk premia strategies have been adopted by innovative pension funds around the globe since the Global Financial Crisis, with assets invested in the strategies now poised to grow 35 per cent by […]
Hedge fund returns hit as new rules push up margin costs
Hedgeweek) Unintended consequences of new regulations are hindering hedge fund managers from boosting returns for their investors. To read this article: