Monthly Archives: September 2016
The Hunt for Yield
(Harvest) Are mortgage-backed securities safe yield plays?” – Greg Parsons, Semper Capital CEO, discussing the “hunt for yield” through mortgage-backed securities on CNBC’s Halftime Report on August 30, 2016. Click below and join Semper’s network to view this and access […]
There’s A Successful Hedge Fund Strategy That’s Bucking The $34 Bn Outflows
(CNBC) Investors pulled a net $34 billion from global hedge funds during the first half of 2016, according to research from data provider Preqin, but the fund flows also reveal several clear strategies that are proving successful within the industry…. […]
RBC to Pay $2.5 Million for Proxy Statement Violations
(HedgeCo.Net) The Securities and Exchange Commission today announced that RBC Capital Markets LLC has agreed to a $2.5 million settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in […]
Quant Empire Forged Through Netflix Ascends the Hedge Fund Heap
(Bloomberg) Like so many relationships nowadays, this one was cemented through Netflix. It was October 2006 and Jaffray Woodriff was having trouble concentrating on his quantitative hedge-fund business. The programmer kept finding himself obsessing instead over a million-dollar contest that […]
Goldman Eyes Trading Future Done Only By Computers
(New York Post) Goldman Sachs is a money-making machine — literally. The Wall Street firm is planning for a future when more bond trading is done automatically by computers…The program, called Goldman Sachs Algorithm, has been around for about a […]
Premium Point Sells $6.2 Billion Mortgage Bond Portfolio
(Reuters) Hedge fund Premium Point Investments has sold a $6.2 billion mortgage bond portfolio, the largest sale of its kind in nearly two years, a person with knowledge of the transaction told IFR. Several investors said the timing of the […]
Grain Markets’ Lurch Lower Catches Hedge Funds Off Guard
(Agrimoney.com) The extent of the latest lurch lower in grain prices appears to have taken by surprise even hedge funds, which had cut their bearish bets on the complex – raising questions over whether fresh selling lies in wait… To […]
Ex-Cargill Investors Prep $100 Million Commods Hedge Fund
(Reuters) Mark Schulze and Jason Vogt, veterans of Cargill and its Black River Asset Management unit, are preparing to launch their own commodity-focused hedge fund, according to a person familiar with the situation. The two men set up Minneapolis-based Twin […]
Carney Warns Investors They May Undervalue `Huge’ Climate Risks
(Bloomberg) Bank of England Governor Mark Carney said investors need to wake up to the potential for huge losses from a sudden shift in regulations designed to curb global warming and the use of fossil fuels.“The challenges currently posed by […]
Starboard Discloses Stake in Media General and Backs NexStar deal
(Reuters) Activist investor Starboard Value LP disclosed 4.5 percent stake in regional TV broadcaster Media General Inc (MEG.N) and urged the company to sell itself to Nexstar Broadcasting Group Inc (NXST.O) and scrap its plan to buy Meredith Corp (MDP.N).Starboard […]
In the hedge fund world, bigger is still better
(CNBC) Stock market tumult has delivered a stinging hit to a number of areas, notable among them the hedge fund industry, which has seen a promising year turn south in a hurry. Total hedge assets are back lingering near the […]
Genstar Capital and Aquiline Capital Acquire Ascensus
New York (HedgeCo.net) Genstar Capital, a San Francisco-based middle-market private equity firm, and Aquiline Capital Partners, a New York-based private equity firm investing in financial services, announced today that they have entered into a definitive agreement to acquire Ascensus, Inc. […]