Monthly Archives: August 2017

(Reuters) Anthony Scaramucci’s swift exit as U.S. President Donald Trump’s communications director on Monday has no bearing on the pending sale of the firm he founded, SkyBridge Capital, parties involved in the deal said. “The transaction remains on track and […]

(Bloomberg) Wall Street regulators have agreed to rewrite the Volcker Rule, according to three people familiar with the matter, moving to loosen industry-despised restrictions that were central to the U.S. response to the financial crisis. The five agencies that wrote […]

(FINalternatives) Greenlight Capital CEO and billionaire investor David Einhorn isn’t giving up on his famous Tesla short any time soon, saying on Tuesday that Elon Musk’s electric car maker remains overvalued and undercapitalized. To read this article:

(FINalternatives) Consumer products conglomerate Proctor & Gamble fired back at activist investor Nelson Peltz’s request to join the company’s board of directors on Tuesday, saying the Trian Fund Management executive was not entitled to a seat and is getting poor […]

(Bloomberg) Investors are falling in love with hedge funds again, just at a lower cost. Man Group Plc, the world’s largest publicly traded hedge-fund firm, reported record assets under management on strong inflows and investment gains as the industry makes […]

(FINalternatives) Despite continued strength in risk assets and records in several asset classes, hedge funds were again range-bound last week (and for July in general) as positive performances from event-driven, fixed income and long/short equity strategies were offset by continued […]

(Bloomberg) Anthony Scaramucci, the Wall Street carnival barker recently turned White House communications chief and even more suddenly ex-communications chief, had a tough sell, pitching an erratic president who is disliked by a large segment of the U.S. population and […]

(Bloomberg) Europe is on a mini-streak with hedge-fund investors as the prospect of faster economic growth and fading political risk help restore confidence in the region. Money pools investing across Europe attracted additional capital for the second straight month in […]

(The Business Insider) JPMorgan is a house divided… by the stock market that is. In one corner stands Dubravkos Lakos-Bujas, the firm’s chief US equity strategist. Weighing in with a steadfast focus on rapidly growing corporate earnings, he sees the […]

(The Business Insider) To a growing chorus of strategists and investors across Wall Street, the stock market looks like it’s headed for a rude awakening. To read this article:

(FINalternatives) Morgan Stanley is reportedly planning to raise $500 million for a new fund vehicle aimed at unconventional, illiquid assets in niche markets even many hedge fund and private equity managers find too complicated to engage. To read this article: