Monthly Archives: May 2017
Small Investors and ETF Industry Trends
(Seeking Alpha) Several recent articles, such as this one from Seeking Alpha, note that individual retail investors appear to be benefiting from the trend of using ETFs in more portfolio applications. According to Seeking Alpha, assets in ETFs exceed the […]
Ex-Goldman Star Who Traded Through Quake Makes Unusual Move
(Bloomberg) As the biggest earthquake ever recorded in Japan rocked the Roppongi Hills skyscraper in central Tokyo, Makoto Yamada put on his helmet, dropped to his knees, and traded. “We had an option to leave, but we couldn’t leave the […]
A Legendary Hedge Fund That Raised $5bn in 24 Hours Expects ‘All Hell To Break Loose’
(The Business Insider) Billionaire Paul Singer’s Elliott Management, which raised $5 billion in less than 24 hours earlier this month, says it has been building up its cash reserve to deploy during future market turmoil. The hedge fund has been […]
Greenwich Global Hedge Fund Index Gains 0.59% in April; Up 2.90% YTD
(FINalternatives) Hedge funds reported their sixth consecutive month of returns in April, according to data from Greenwich Alternative Investments, booking a composite return of +0.59% during the month and bringing its YTD tally to +2.90%. To read this article:
Size Matters With Managed Futures But Not Just With Performance
(Harvest) There has been a preference for large managers within the managed futures space as measured by money flows, but it comes at a cost. Looking at year to date performance from the CTA Intelligence performance database shows the differences […]
Five Charged With Insider Trading Involving US Health Agency
(Reuters) A Washington, D.C., political consultant, a federal employee and three others have been charged with using confidential information from within a U.S. health agency to engage in an insider trading scheme. Federal prosecutors on Wednesday unsealed an indictment in […]
Preqin/NXT Survey: Direct Lending Investors Increasing Exposure To Lower Middle Market
(FINalternatives) Interest among direct lending investors is increasingly focused on opportunities in the lower middle market, according to a new survey from Preqin and structured finance specialist NXT Capital, as assets in the fast-growing alternative credit segment approach $100 billion. […]
Morgan Stanley Stands Down From Expensive Recruiting Wars
(HITC) No more battles for talent. Morgan Stanley, the biggest U.S. brokerage by head count, told brokers Tuesday that it is standing down from the expensive recruitment wars, following similar steps taken earlier this month by competitor Bank of America […]
Hedge Funds Squeezed by World’s Highest Rents Are Moving Out
(Bloomberg) Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustling Tin Hau neighborhood. It was akin to choosing Queens over Manhattan in New York […]
This ‘Trump Trade’ Doesn’t Need Congress and That’s Why Wall Street Likes It
(CNBC) While most of the so-called Trump trades require the president to successfully team up with a Republican-led Congress to make business-friendly laws, there’s one group of companies that Trump alone can help and already has, according to Wall Street. […]
Law Firm Partner and Neighbor Charged in $1 Million Insider Trading Scheme
(HedgeCO.Net) A former partner at an international law firm and his neighbor have been charged by the SEC with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. Little […]
Cooperman Gets SEC Waiver to Keep Raising Money for Hedge Fund
(Bloomberg) Billionaire hedge fund manager Leon Cooperman has received permission from U.S. regulators to keep raising money from outside investors, a privilege that was put at risk when he settled insider-trading allegations last week. The U.S. Securities and Exchange Commission […]