Monthly Archives: September 2017
Big Win Has US Investors Wanting More From European Stocks
(Bloomberg) U.S. investors aren’t done with European equities even after enjoying their best returns in eight years. Those who bought European stocks in dollars have already seen gains of about 17 percent this year, and the prospect of another leg […]
Elliott Shows Tail Wags Dog in German M&A
(Reuters) The investor who snoozes, loses. But maybe not in Germany. The takeover of drugmaker Stada by buyout firms Bain and Cinven is playing out in a way that suggests sometimes the best thing to do is nothing at all. […]
September’s Bringing Tons of Catalysts to Shatter Market Calm
(Bloomberg) Welcome to the cruelest month for U.S. equities. The S&P 500 Index limps into September after stalling amid heightened tensions on the Korean peninsula and historic flooding in Texas. Those broke a stretch of calm that’ll be hard to […]
Hedge Funds Anticipate Hurricane Disruption to US Refineries
(Reuters) Hedge funds turned bearish towards U.S. crude while boosting bullish positions in gasoline and heating oil in the final week of August, anticipating major disruption to U.S. refineries as a result of Hurricane Harvey. Hedge fund operators responded in […]
Bridgewater’s Ray Dalio Dives Deeper Into the ‘Principles’ of Tough Love
(New York Times) In 1993, Ray Dalio, the chairman of what is today the largest hedge fund in the world, Bridgewater Associates, received a memo signed by his top three lieutenants that was startlingly honest in its assessment of him. […]
Global Investors Appeared to Be ‘On Hold’ in August
(Opalesque) The Global Investor Confidence Index decreased to 106.8, down 2.1 points from July’s revised reading of 108.9. The decline in sentiment was driven by a 4.9 point drop in the European ICI to 89.3 along with the 0.3 point […]
Opalesque Roundup: Dozens of new cryptocurrency hedge funds push onto the market:
(Opalesque) In the week ending 01 September, 2017, In FinTech, Autonomous NEXT has released a list of 55 cryptocurrency hedge funds, illustrating the mounting interest in the space at a time when even middle-class Americans are said to be growing […]
SYZ Asset Management Opens Office in Madrid in Targeted European Expansion
(Opalesque) SYZ Asset Management, the institutional asset management arm of the SYZ Group, announces the opening of an office in Madrid as of 1 September 2017. This milestone follows the Munich and Milan branch openings in 2016, and a series […]
KPMG Pays $6.2 Million to Settle Charges Centered Around Audit Failures
(HedgeCo.Net) The Securities and Exchange Commission has announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being […]
Here’s How North Korea’s Nuclear Test Has Affected Markets
(Bloomberg) Here we go again. Financial markets are registering some modest flight-from-risk in the aftermath of North Korea’s most powerful nuclear test yet. The Sunday detonation forced investors to again question the wisdom of holding on to equities near their […]
Investor With 30% in Cash Says North Korea Selloff Will Come
(Bloomberg) Stock markets are headed for a big selloff, maybe not today, but soon. That’s the view of Nader Naeimi, who heads a dynamic investment fund at AMP Capital and helps manage about $110 billion. The Sydney-based investor has about […]
Top Hedge-Fund Client in Nordics Says Next Selloff Will Be Short
(Bloomberg) Like many other big investors, the largest private-sector pension fund in Finland has more cash than it knows what to do with. That’s why its management is confident that asset prices, high though they are, will be forced even […]