Monthly Archives: August 2018

(Reuters) – Hedge funds have cut their bullish position in crude oil and refined fuels to the lowest level for almost a year, as fund managers continued to close out former long positions. Hedge funds and other money managers cut […]

(Bloomberg) China-U.S. trade negotiations set to resume; Turkish lira little changed with markets closed for holiday. To read this article:

(Reuters)The newly privatised Tel Aviv Stock Exchange (TASE) has won approval from Israel’s securities regulator for a deal to sell nearly 20 percent of the exchange to investment fund Manikay Partners and another 19 percent to four other foreign investors. […]

(Bloomberg) Haven status may outweigh rate differentials in near-term; Upcoming inflation data unlikely to stall currency’s advance Dollar-yen is caught in a tug-of-war: on one side is the Japanese currency’s status as a global haven. On the other, a widening […]

(Harvest)The crisis in Turkey is rapidly evolving, with new developments emerging every day. Turkish assets sold off significantly from August 8 to 13, before experiencing a short covering rally beginning on August 14. Perhaps the selloff was overdone, or perhaps […]

(Hedgeweek) The Eurekahedge Hedge Fund Index gained 0.41 per cent during the month of July, kicking off the second half of the year on a positive note, despite trailing behind the MSCI AC World Index (Local) which rallied 2.59 per […]

(Reuters) – Gold prices inched higher on Monday as hopes of easing trade tensions between the United States and China put pressure on the dollar, adding to demand for the yellow metal that improved last week after prices touched 19-month […]

(Bloomberg) A former Barclays trader fired over the misuse of an electronic trading program won a long-shot campaign to get a job back at the bank. David Fotheringhame, who won his unfair dismissal lawsuit in March, should be paid an […]

(Bloomberg) A hedge fund that started this year is producing double-digit returns in South Korea even as the stock market slumps. Billionfold Asset Management Inc. has returned about 15 percent since January mainly through a long-short strategy focused on South […]

(Reuters) Hedge fund Starboard Value LP has nominated five directors to Symantec’s (SYMC.O) board after taking a 5.8 percent stake in the cybersecurity firm, it said on Thursday, upping pressure for moves to improve performance. Starboard gave little indication in […]

(Bloomberg) Pierre Andurand, one of the most bullish oil investors, lost 15.2 percent in July after markets sold-off, bringing his eponymous hedge fund into the red for the year, according to people familiar with the matter. After the July loss, […]