Monthly Archives: June 2018
Hedge Funds in the Money With Dollar Bets, Struggling With Treasuries
(Reuters) Hedge funds are having mixed fortunes with their currency and U.S. bond bets: Their growing faith in the dollar is being rewarded but they’ve chosen the wrong time to open up a record short position in 10-year Treasuries. The […]
Hedge Fund Caius Says Any UniCredit Deal Untenable Until Capital Query Resolved
(Reuters) British hedge fund Caius Capital said on Monday it would be “untenable” for UniCredit SpA (CRDI.MI) to undertake any major transaction before issues Caius has raised regarding regulatory treatment of the bank’s core capital are resolved. The Financial Times […]
Pimco Rises Under a New Team at the House That Bill Gross Built
(Bloomberg) The sun hasn’t yet lit up the California sky when Daniel Ivascyn and Emmanuel “Manny” Roman join each other at side-by-side desks on the 20th-floor trading room of Pacific Investment Management Co. From their aerie overlooking a luxury shopping […]
Goldman’s Portfolio of Hedge Funds’ Favorite Stocks Is Trouncing the Market
Goldman’s Portfolio of Hedge Funds’ Favorite Stocks Is Trouncing the Market CNBC posted on Tue 5 Jun 2018 Permalink Print The Goldman Sachs Hedge Fund VIP basket is up about 4 percent in 2018, while the S&P 500 index has […]
Think Soros Is Right? Traders Chase 76% Returns Shorting Europe
(Bloomberg) George Soros says the euro area is in “existential danger” — and the world’s biggest banks are flogging a flurry of products to parlay his warning into tantalizing returns. Investors spooked by the record sell-off in Italian government bonds […]
What 1969 Can Teach Us About Today’s Flat Yield Curve
(Harvest) The persistent flattening of the U.S. yield curve has investors scratching their heads–and searching for historical parallels. The recession of 1969-70 is one worth considering. A closer look at the late 1960s reveals some parallels with today’s U.S. economic […]
Can Emerging Markets Defy a Stronger Dollar?
(Harvest) Turkey’s currency crisis has spooked emerging-market (EM) investors, especially amid growing concern about the strengthening US dollar. We think countries and companies in the developing world are actually much more resilient to a stronger dollar than in the past. […]
13 Private Fund Advisers Charged For Repeated Filing Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced settlements with 13 registered investment advisers who repeatedly failed to provide required information that the agency uses to monitor risk. According to the SEC’s orders, the advisers failed to file annual reports […]
Investment Adviser and Two Former Managers Charged for Misleading Retail Clients
(HedgeCo.Net) The Securities and Exchange Commission has announced that New York-based investment adviser deVere USA, Inc. has agreed to pay an $8 million civil penalty related to its failure to disclose conflicts of interest to its retail clients. The settlement […]
Hedge Fund Sues MiMedx Over Short-Selling Claims
(Bloomberg) Hedge fund Sparrow Fund Management LP said in a lawsuit it was falsely accused by MiMedx Group Inc. of trying to illegally manipulate the biotech firm’s stock price. To read this article:
Fund Managers Are Ditching Wall Street for Florida
(Bloomberg) Florida’s long-running effort to lure Wall Street hotshots is gaining traction thanks to a provision in the federal tax law that hits residents of high-tax states. The Sunshine State’s most recent conquests are two of the founders of I […]
Macro managers are scratching their heads, says Lyxor
(Hedgeweek) Hedge funds were overall flat this week, emphasising their appealing profile in the current environment, according to the latest weekly brief from Lyxor’s Cross Asset Research team. To read this article: