Monthly Archives: June 2018

(Bloomberg) One hedge fund manager has a novel way to profit from shares of Tencent Holdings Ltd. — whether they go up or down. The trade, a brainchild of BFAM Partners (Hong Kong) founder Benjamin Fuchs, involves buying both Tencent […]

(Bloomberg) Blackstone Group’s GSO Capital Partners and Solus Alternative Asset Management resolved a dispute over a financing plan for Hovnanian Enterprises Inc., ending an argument that had roiled the credit derivatives market. The fight stemmed from GSO’s agreement last year […]

(aiCIO) The Billion Dollar Club, which encompasses 247 institutions that have $1 billion or more in the asset class, now stands at $889 billion. Some of its largest managers by total assets under management include Bridgewater Associates, AQR Capital Management, […]

(Bloomberg) Asian stocks rebounded after U.S. shares rallied with Treasury yields as investors saw the market reaction to Italy’s political turmoil as overdone. The dollar held losses and oil stabilized following gains. The MSCI Asia Pacific Index of stocks bounced […]

(Harvest) Movement in the U.S. dollar can be a headwind or a tailwind for earnings of U.S.-based companies. A company’s sensitivity depends proportionately on how much business it conducts internationally. In the chart below, we can see that, aggregately, firms […]

(FINalterntives) Digital currency investment specialist Pantera Capital is launching a new hedge fund that will focus on investments into the initial coin offerings (ICOs) of start-up companies working in the blockchain space. To read this article:

(Bloomberg) In 31 minutes a hedge fund managed by Martin Shkreli in 2012 went from a roaring success to an empty shell, one of his investors told a jury. Sarah Hassan, 27, who gave Shkreli $300,000 to invest, said she […]

(Bloomberg) Rite Aid Corp.’s merger with Walgreens Boots Alliance Inc. has gone up in flames, burning some hedge funds in the process. Walgreens announced Thursday it would scrap the takeover of the drugstore rival after a host of antitrust problems […]

(Bloomberg) Traders who fled banks for hedge funds are on their way back to Wall Street. This month, Barclays Plc hired Chris Leonard, a founder of two hedge funds in the decade since he left JPMorgan Chase & Co., to […]

(FINalternatives) Institutional investors are taking a more active approach to managing portfolio-wide currency risks, and in particular a greater appetite for active currency overlays, according to a new survey by investment consultancy bfinance. To read this article:

(FINalternatives) Real estate private equity specialist Harrison Street Real Estate Capital has raised $950 million in capital commitments for its sixth U.S. opportunistic fund, handily beating its $850 million target. To read this article: