Monthly Archives: August 2018
Global Bonds: How Hedging Can Enhance Low Local Yields
(Harvest) Despite low bond yields in many countries outside the U.S., hedged yields may be quite attractive for U.S. dollar-based investors. Japanese government bonds yield virtually zero. Yields on German bunds remain stuck below 50 basis points (bps). U.K. gilts […]
Biotechnology Company, and CEO Charged with Illegal Sales of Stock and a Misleading Public Company Filing
(HedgeCo.Net) The Securities and Exchange Commission has charged Plandai Biotechnology, Inc., a penny stock company, and its Chairman and CEO with making illegal, unregistered sales of stock to unaccredited investors and with failing to adequately disclose that proceeds from sales […]
Michigan Investment Professional Charged in an Investment Scam Targeting His Brokerage Customers
dgeCo.Net)The Securities and Exchange Commission today charged a former registered representative with defrauding his brokerage customers out of nearly $4 million in a long-running investment scam. According to the SEC’s complaint, John C. Maccoll, who was affiliated with the Birmingham, […]
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 […]
Private Banks Are the New Hedge Funds
(Bloomberg) UBS WM with $2.4 trillion touts relative value for late cycle Bank has issued more than 70 short-term structured notes Who needs hedge funds when a $2.4 trillion private bank is offering global macro trades to navigate late-cycle markets […]
Sterling Plunges to 2018 Lows as Brexit Unease Builds
(Reuters) The pound suffered a heavy sell-off on Wednesday, skidding to its lowest levels against the dollar and euro in almost a year as markets ramped up bets on Britain leaving the EU without an agreement with Brussels on their […]
Pandora CEO Steps Down After Jewelry Maker Cut 2018 Forecast
(Bloomberg) Pandora A/S’s Chief Executive Officer Anders Colding Friis will step down after the world’s biggest jewelry maker earlier this week lost almost a quarter of its market value when it cut its 2018 profit forecast. Colding Friis will leave […]
Bill Gross’s Bond Fund Assets Fall to Lowest Since November 2014
(Bloomberg) Investors pulled money from Bill Gross’s bond fund for the fifth consecutive month in July, reducing assets to the lowest since November 2014, less than two months after he took over the go-anywhere pool. The Janus Henderson Global Unconstrained […]
New York Congressman Chris Collins Is Charged With Insider Trading
(NY Times) Representative Chris Collins was at the Congressional Picnic on the South Lawn of the White House last summer when he received an unexpected email from the head of a drug company in which he was heavily invested. The […]
US Remains Center of Hedge Fund Universe
(aiCIO) Report finds US holds 72% of the global hedge fund assets….Despite growing hedge fund activity in other regions, the US accounts for 3,405 of the 5,523 institutional investors active in hedge funds, and 3,319 of the 5,383 active hedge […]
For Icahn, Amazon Is a Reason Not to Do a Deal
(New York Times) Just the threat of competition from Amazon has driven companies across many industries into deals. Nowhere has that been more evident than in health care. The possibility of Jeff Bezos’s e-commerce juggernaut starting a pharmacy business was […]
Regulation, Blockchain And The Crypto-market: A Headache Brewing For Fund Managers?
(Harvest) Andrew Frost, Executive Director at Lawson Conner, provides an update on the rise of crypto and reflects on the challenges that blockchain and the new technology may eventually pose to fund managers. Cryptocurrency and blockchain-related topics are being much […]