Monthly Archives: June 2018
Other Voices: Not Just For Banks – Changes To Dodd Frank Impact Private Funds
(Opalesque) On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act. While much of the Act was designed to provide smaller financial institutions and community banks with relief from regulations implemented under […]
Is The Muni Bond Market Positioned For Its Moment In The Sun?
(Harvest) As we kick off the historically positive summer months for the muni market, investors could see higher returns — but may have a hard time finding bonds. The passage of Memorial Day has officially ushered in summer: the season […]
Barclay Hedge Fund Index Gains 0.90 per cent in May
(Hedgeweek) Hedge Funds were up 0.90 per cent in May according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 2.41 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is […]
Wilshire Liquid Alternative Index down 0.27 per cent in May
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.27 per cent in May, underperforming the 0.26 per cent monthly return of the HFRX Global Hedge Fund Index. […]
Capitalism May Need Modernizing,’ Says Billionaire Hedge Fund Manager Paul Tudor Jones
(CNBC) Today’s definition of capitalism needs an overhaul because of income inequality, billionaire hedge fund manager Paul Tudor Jones tells CNBC.”Capitalism may need modernizing,” the reclusive trader says. Jones points to economist Milton Friedman’s nearly 50-year-old definition that the “social […]
Citrone’s Discovery Strikes a Comeback With Italian Short Wager
(Bloomberg) Rob Citrone is seeing a comeback in his hedge fund Discovery Capital Management after profiting last month from the market turmoil in Europe. His main fund surged 10.6 percent in May, paring losses this year to about 2 percent, […]
Hedge Funds’ Best Ideas? Those Are Just Stocks They’re Dumping By Sarah Ponczek
(Bloomberg) Ever wonder why hedge fund managers are so willing to get up on a stage and tell the world about their best ideas? A new study suggests an answer: the ideas are getting old, and they need a spot […]
Oil Prices Stall As Hedge Funds Take Profits
(Reuters) Investors continue to reduce their bullish position in crude oil futures and options, after a blistering rally over the last year but…Hedge funds and other money managers cut their net long position in the six most important futures and […]
Toshiba Sets $6.3 Billion Share Buyback With Proceeds Of Chip Unit Sale
(Reuters) Toshiba Corp unveiled a higher-than-expected $6.3 billion stock buyback that sent its shares up as much as 11 percent, as the Japanese firm followed up on a pledge to share proceeds from an $18 billion sale of its memory […]
Nasdaq Expands Hong Kong Presence With Data Centre Connections
(Hedgeweek) Nasdaq is establishing connectivity to three data centres in Hong Kong to increase its service to the Asia-Pacific (APAC) region through a Nasdaq Point of Presence (POP) To read this article:
Merrill Lynch Charged for Failure to Supervise RMBS Traders
(HedgeCo.Net) The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS). Merrill Lynch […]
As Eerie Calm Returns To Markets, Have Investors Given Up Hedging?
(Reuters) Perhaps the most remarkable aspect of what has been a bumpy ride for world financial markets this year is how stubbornly low volatility is. It’s as if investors have given up on hedging, which is exactly what appears to […]