Monthly Archives: September 2016
Hedge Fund Accused of Boardroom Coup
(New York Post) The founder of New York-based iPayment is suing over his ouster, alleging a hedge fund engineered a boardroom coup as part of a plot to gain control of the company. Carl Grimstad claims the payment-processing company violated […]
Top Firm Said to be ‘Desperate’, Thought to Weigh Drastic Steps
(HITC Business) Bloomberg News reports that Deutsche Bank’s John Cryan and his top managers will meet this weekend to assess progress on the reorganization, said a person familiar with the matter. Deutsche Bank held talks over a potential merger with […]
Performance Key Driver of Hedge Fund Industry Change
(Hedgeweek) Hedge fund managers and institutional investors feel performance is one of the key drivers of change in the industry at present, according to a survey by Preqin… Macro strategies are the highest performing top-level strategy in the past 12 […]
Quants in High Demand in Hedge Fund Hiring Now
(Straits Times) An MBA or experience as a securities analyst will no longer take you to the front of the hiring line. But if you’re nimble with partial differential equations or wavelets, hedge funds want you. Hedge funds that have […]
Hedge Funds Most Bullish on Natural Gas in Over Two Years as Prices Spike
(Reuters) Hedge funds and other speculators are taking the most bullish bets on U.S. natural gas in more than two years, data showed on Friday, as late summer heat suggested that utilities will continue burning large amounts of gas to […]
Bayer Sweetens Monsanto Bid as Talks Enter Final Stretch
(CNBC) German pharmaceutical and crops manufacturer Bayer said on Monday that its negotiations with Monsanto had advanced, and it was now willing to offer more than $65 billion to acquire the world’s largest seed company. To read this article:
How One Hedge Fund Manager Missed Out on ‘The Big Short’
(The Business Insider) If you’ve seen the movie or read the book, you’ll know that shorting the housing market was difficult. Not only did the traders have to spot the oncoming crash, but they had to work through technical difficulties […]
BlackRock Urges ‘Great Migration’ to EM Debt
(Bloomberg) Sergio Trigo Paz, head of emerging markets debt at BlackRock, talks about investors’ migration into emerging market debt and a second phase in the EM rally coming in September. He speaks with Bloomberg’s Mark Barton on “Bloomberg Markets. To […]
Hedge Funds Have Quiet August, Says GAM
(Hedgeweek) Hedge funds generated small, positive returns, with the HFRX Global Hedge Fund index gaining 0.2 per cent for the month. GAM portfolio manager Anthony Lawler, says: “The headline hedge fund index eked out a small gain and continues its […]
Hedge Funds Slash Bullish Gold Price Bets Again
(Mining.com) On Monday gold continued to build on its gains on Friday in response to a worse than expected US jobs report and a weaker dollar.In thin holiday trade, gold futures trading on the Comex market in New York for […]
SEC Charges Alabama Attorney and His Companies in Purported Waste-To-Energy Ventures
(HedgeCo.Net) The Securities and Exchange Commission today charged Alabama attorney Donald Watkins and companies he controls with defrauding professional athletes and other investors out of millions of dollars, much of which he spent on his girlfriend and to cover personal […]