Monthly Archives: August 2018
Elliott takes stake in Nielsen, urges sale; shares jump
(Reuters) – Elliott Management, one of the world’s biggest hedge funds, disclosed that it held a large stake in information services company Nielsen Holdings (NLSN.N) and urged it to considering selling itself. News of Elliott’s investment pushed Nielsen’s stock price […]
Crypto Fund Research reports 2018 is year of crypto funds
(Hedgeweek) Falling prices for cryptocurrencies, and an uncertain regulatory environment, in 2018 haven’t deterred new crypto investment funds from opening, according to new analysis from Crypto Fund Research To read this article:
Ackman’s Public Hedge Fund Beats Market With 12.7 Percent Gain
(Reuters) William Ackman’s publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at Chipotle Mexican Grill and Automatic Data Processing Inc, the billionaire investor said on Thursday. “While a few months of strong […]
Losses in bonds, currencies and commodities drag CTA performance in July
(Hedgeweek) Following a marginal uptick in performance in June, CTAs faced headwinds again in July with all of Societe Generale Prime Services’ SG CTA indices posting negative returns. To read this article:
Vanguard Warns of Worsening Odds for the Economy and Markets
(New York Times) The chances of a recession by the end of 2020 are mounting. And the prospects for the American stock market in the next decade have worsened appreciably. Those are prognoses, not facts. But they’re not just offhand […]
Hedge Fund Giant Splits With Morgan Stanley on Dollar Peak Call
(Bloomberg)Don’t bet on the U.S. dollar rally ending any time soon, says the world’s largest publicly traded hedge fund. While investment titans such as Morgan Stanley and State Street Corp. wager the greenback’s rally this year is just about finished, […]
Stocks Fall With Euro on Turkey Contagion Concerns
(Bloomberg) European stocks followed Asian shares lower after a news report stoked concern Turkey’s problems are spilling over into the euro zone. The common currency sank, while the dollar advanced alongside Treasuries. The Stoxx Europe 600 Index declined, dragged down […]
Hedge Funds Are Shorting Australian Retailers as Home Prices Fall
(Bloomberg) Hedge funds have found a new way to profit from the sorry state of Australia’s housing market: playing off how much poorer consumers feel as their home values decline. Managers including Totus Capital and Sydney’s Regal Funds Management are […]
Hedge Fund Boss Odey Says Pound Could Fall Further As Brexit Deadline Looms
(Reuters) Sterling and UK government bonds will fall further in the run-up to Brexit, even after the pound slumped this week to its lowest in almost a year, prominent Brexit-supporting British hedge fund manager Crispin Odey said on Thursday. While […]
This Broker Fought the Flash Boys and Got in Trouble for It
(Bloomberg) Investment Technology Group Inc. maybe should’ve worked with Michael Lewis, too. The New York-based brokerage said Wednesday that it faces a third Securities and Exchange Commission fine in three years. Part of the latest violation flips the script on […]
Cramer: Trade Sanctions Are Hurting Hedge Funds The Most
(CNBC) It may sound odd, but the group hurt the most by the U.S.-China trade war is the hedge funds, CNBC’s Jim Cramer said on Thursday. As hedge fund managers tried to preemptively calculate the effects of the trade dispute, […]
BlueMountain Snags Fir Tree’s Troeller for Private Infrastructure
(Opalesque) BlueMountain Capital Management, a private diversified alternative asset management firm, today announced that Scott Troeller has joined the firm as a Portfolio Manager to source, evaluate, and execute infrastructure-related private investments, with an initial focus on energy, environmental, and […]