Monthly Archives: August 2018

Arizona Man Charged With Misappropriating Investor Funds

(HedgeCo.Net) The Securities and Exchange Commission has charged David A. Harbour of Scottsdale, Arizona with making misrepresentations to investors and misappropriating over $1.5 million in investor funds to finance his personal lifestyle and pay off his debts. According to the […]

Mixed results for hedge funds in face of global trade friction

(Hedgeweek)Event driven fund managers ended the first half of 2018 up 2.02 per cent, supported by healthy activities within the M&A sector, says Eurekahedge. However, the escalating tension between the US and China may pose as a headwind for event […]

Investment Metrics and InvestorForce to merge

(Hedgeweek) Resurgens Technology Partners has acquired InvestorForce from MSCI and is to merge it with portfolio company Investment Metrics. The combined investment analytics and reporting solutions business will cater for investment consultants, wealth managers and investment managers. To read this […]

Tencent’s $140 Billion Rout Is World’s Biggest as Tech Sinks

(Bloomberg) If you thought the slump in U.S. technology stocks was bad, take a look at Tencent Holdings Ltd. The Chinese Internet giant has tumbled 25 percent from its January peak, erasing about $140 billion of market value. That’s the […]

Hedge Funds’ Big Short Could Be Fool’s Gold

(Bloomberg) Investors have never been so down on gold. Managed money funds’ position in Comex gold futures and options last week crashed to a net short of 27,156 contracts. That amount — equivalent to 2.7 million troy ounces, or 14 […]

Hedge Funds Extend Record Short Positions Across U.S. Bond Curve

(Reuters) Struggling for returns this year, hedge funds are throwing caution to the wind, building up record bets on higher U.S. Treasury yields across the curve and increasingly large bets on a stronger dollar. Either these wagers pay off, especially […]

Hedge Fund Man Group Says Assets Up 4.2 Percent In First Half

(Reuters) British hedge fund firm Man Group (EMG.L) on Wednesday said assets under management rose 4.2 percent in the first six months of 2018, helped by net inflows of $8.3 billion. Man Group’s total assets under management at the end […]

Nintendo Slides After U.S. Hedge Fund Bets on Share Declines

(Bloomberg) Shares in Nintendo Co. slumped as a New York hedge fund increased its short bet against the company ahead of earnings Tuesday. Nintendo dropped as much as 3.7 percent on Tuesday, the most in about a month, after Bloomberg […]

S&P 500: New Highs to Come

(The Technical Analyst) Further new highs can be expected for the S&P500 in the coming weeks although it remains to be seen how sustained these will prove to be, says Ari Wald at Oppenheimer. Further new highs can be expected […]

Third Point Seeks Allies To Put Pressure On Campbell Soup

(Reuters) Activist hedge fund Third Point LLC is meeting with some of Campbell Soup Co’s largest shareholders to seek support for changes at the U.S. consumer company, people familiar with the matter said on Tuesday. The meetings come after Campbell […]

Prepare For The Biggest Stock-Market Selloff In Months, Morgan Stanley Warns

(Marketwatch) The U.S. stock market has been partying all throughout July, and a hangover is coming. That is according to analysts at Morgan Stanley, who said that Wall Street’s rally is showing signs of “exhaustion,” and that with major positive […]

What Are the Key Takeaways for Fund Managers From the SEC’s Draft Strategic Plan for 2018?2022?

(Hedge Fund Law Report) The SEC recently published its draft strategic plan (Strategic Plan) for fiscal years 2018?2022. The plan highlights the SEC’s commitment to serving the long-term interests of retail investors; becoming more innovative, responsive and resilient to market […]