Monthly Archives: August 2018
Why Stock-Market Traders Are Still in ‘Wait-and-See’ Mode on Trade-War Threat
(Marketwatch) This isn’t your great-grandparents’ trade war. That may be one of the reasons why, knee-jerk reactions aside, investors remain relatively relaxed about the tit-for-tat series of tariffs, threats and counterthreats flying between Washington and Beijing. To read this article:
SEC Charges Former Corporate Officer for Insider Trading
(HedgeCo.Net) A former Senior Vice President at Sequenom, Inc. (“Sequenom”) has agreed to settle charges that he engaged in insider trading after tipping his friend about Laboratory Corporation of America Holding’s (“LabCorp”) bid to acquire Sequenom in a July 2016 […]
How Hedge Funds And PE Funds Are Raising Considerable Assets From Single-Family Offices
(Forbes) The world of single-family offices is booming, and the trend is likely to continue for some time to come. This is a function of the extensive increase in the number of ultra-wealthy and super-rich (net worth = $500 million […]
Investor Confidence up by one point in July
(Hedgeweek) Investor Confidence up by one point in July. The State Street Investor Confidence Index (ICI) increased to 101.8 for July 2018, up 1.0 point from June’s revised reading of 100.8 To read this article:
Free Fidelity Funds Stoke Price War in Bid to Catch Index Giants
(Bloomberg) Fidelity Investments, having lost billions of dollars in assets to rivals, pulled out some new ammunition to use against them — dropping fees to zero. The move is part of an ongoing reckoning at Fidelity. The company, which built […]
Jana Partners Hedge Fund Gains 2.4 Percent In July, Up 6.9 Percent For Year
(Reuters) Jana Partners, the event-driven investment firm run by Barry Rosenstein, told clients that its main fund made money in July and is now beating the Standard & Poor’s 500 index. The Jana Partners fund gained 2.4 percent last month […]
Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies
(Coin Desk) Northern Trust’s president, Pete Cherectwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To read this […]
Long/Short Hits Outflows Streak as $5B Exits in Q2
(Fundfire.com) Long/short equity hedge funds logged their fourth straight month of net redemptions in June, helping fuel broader outflows in the industry for the second quarter. Long/short equity hedge funds had a strong start to the year for flows, but […]
Positive Signs in Brazil Budget
(Harvest) The policy outlook in certain emerging markets remains precarious: the latest government appointments in Mexico do not bode well for energy reform. We saw a small positive fiscal surprise in Brazil this morning. Primary deficit was smaller than expected […]
Jana Partners hedge fund gains 2.4 percent in July, up 6.9 percent for year
(Reuters) – Jana Partners, the event-driven investment firm run by Barry Rosenstein, told clients that its main fund made money in July and is now beating the Standard & Poor’s 500 index. The Jana Partners fund gained 2.4 percent last […]
Creative Cap Advisors makes Emerging Manager Incubator advisory board appointment
(Hedgeweek) CreativeCap Advisors has launched an Institutional Investor-only Global Board of Advisors for the firm’s Global Emerging Manager Incubator, with the appointment of Hong-Kong based Mark Hibbs, Partner and Chief Executive Officer of Adamas Capital Partners. To read this article:
Hedge fund manager Elliott cuts NXP exposure after Qualcomm deal fails
(Reuters) – Hedge fund manager Elliott cut its stake in NXP Semiconductors (NXPI.O) after Qualcomm (QCOM.O), the world’s biggest maker of chips for mobile phones, called off a $44 billion deal to buy NXP last week, a recent filing with […]