Monthly Archives: August 2019
Will New US Tariffs Unravel Yuan?
(Harvest) The Chinese yuan’s stability during a ceasefire in the trade war is likely to be shattered with a new round of US tariffs set to go into effect on Sept 1. To read this article:
CTAs continue to make gains in July
(Hedgeweek) Following a strong June, CTAs continued to make gains and reported positive performance in July too, according to the lates performance figures from Societe Generale Prime Services for the SG CTA Indices. To read this article:
Hedge fund Hoplite Capital plans to shut down – letter
(Reuters) – Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm’s founder, John Lykouretzos, told investors in a letter on Wednesday. To read this article: To read this article:
Active versus passive management – revisited
(Hedgeweek) The rise in popularity of ETFs in recent years, as well as the continuing appeal of mutual funds has seemingly given index-based products the upper hand in the old passive versus active investment debate. But could active management be […]
Blackstone buys a stake in private equity rival BC Partners
(Opalesque) The U.S. private equity giant Blackstone Group Inc. is taking a stake in a smaller European rival BC Partners, which has $27bn under management. Blackstone Alternative Asset Management (BAAM)’s Strategic Capital Group is investing $560m in BC Partners for […]
Fintech investment remains strong in the US
(Opalesque) Following a record year in deal volume and value, overall investment in fintech remained strong in the US during H1 2019, reaching $18.3bn across 470 deals, powered in large part by a strong first quarter to the year. To […]
Crypto Valley blockchain companies worth $40bn:
(Opalesque) The first 50 blockchain companies in the Swiss Crypto Valley have doubled their valuations in the first six months of 2019 alone, from $20bn to $40bn, thus marking the definitive and obvious end of the so-called crypto winter. To […]
Hedge fund investor Tarrant, who bet with Warren Buffett, dies
(Reuters) – Investor Jeffrey Tarrant, whose firm Protege Partners backed billionaire managers including William Ackman and Marc Lasry early in their careers and made a bet with Warren Buffett that hedge funds would outperform a passive index fund, has died […]
Final Judgments Handed Down Against Three Former Executives of Brokerage Consulting Business in Transition Management Fraud
(HedgeCo.Net) The Securities and Exchange Commission has obtained final judgments against three former senior executives of the now-defunct brokerage consulting business, Global Transition Solutions, LLC (GTS), for their roles in a multimillion dollar transition management fraud. The SEC previously charged […]
New Media Buying Gannett for $1.4 Billion to Form News Giant
(Bloomberg) New Media Investment Group Inc. agreed to acquire Gannett Co. in a $1.38 billion deal that unites the two biggest U.S. daily newspaper chains in an industry that’s consolidating to survive. To read this article:
SEC Announces Fraud Charges in Startup Company Investment Scheme
(HedgeCo.Net) The Securities and Exchange Commission has announced an emergency action charging a former Boston, Massachusetts resident and his company with defrauding retail investors by promising to invest their money in start-up companies with high returns, while instead using hundreds […]
Corzine Hedge Fund Firm Granted SEC Registration With Limits
(Bloomberg) Jon Corzine’s application to register his hedge fund firm was approved by the Securities and Exchange Commission, which attached a series of seldom-seen conditions on the company. To read this article: