Monthly Archives: September 2019
Ray Dalio Sees 25% Chance of Recession This Year and in 2020
(Bloomberg) Ray Dalio, the billionaire founder of the world’s largest hedge fund, said there’s about a 25% chance of a U.S. recession this year and in 2020 and that central bankers will be limited in addressing it. To read this […]
Investment Adviser Charged with Fraud
(HedgeCo.Net)The Securities and Exchange Commission charged Connecticut resident E. Herbert Hafen with defrauding multiple retail clients by misappropriating approximately $1.6 million of client assets. In a parallel action, the U.S. Attorney’s Office for the Southern District of New York announced […]
CTAs deliver strong performance in August
(Hedgeweek) Following a strong July, CTAs reported positive performance again in August. The SG CTA Index was up +3.45 per cent, adding to gains of over +10 per cent YTD, which would put them on track for their best year […]
PEGAS spot and futures volumes up nearly 50 per cent in August
(Hedgeweek) PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 223.1 TWh traded on the platform in August 2019, up 48 per cent compared to 2018. To read this article:
Starboard Discloses 7.5% Stake in Box, Shares Rise
(Reuters) U.S. hedge fund Starboard Value LP revealed here a 7.5% stake in cloud service provider Box Inc (BOX.N) on Tuesday, calling its shares “undervalued”.Box shares were up about 7% at $15.84 after the bell. Up to Tuesday’s close, the […]
Global negative interest rates, what can go wrong and what should investors do?
(Hedgeweek) Globally coordinated monetary stimulus prevented a potential economic meltdown in 2008 and helped create a quick rebound in the capital markets. We have since seen the longest economic expansion on record. Unfortunately, the effectiveness of monetary stimulus declines the […]
Waratah Capital launches liquid alternative mutual fund
(Hedgeweek) Waratah Capital Advisors has launched the firm’s first liquid alternative mutual fund, the Waratah Alternative Equity Income Fund To read this article:
Mexico moves to launch world’s largest oil hedge program
(Reuters) – Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in […]
Commvault to Buy Hedvig for $225 Million to Jumpstart Growth
(Bloomberg) Commvault Systems Inc. plans to buy startup Hedvig Inc. in a bid to bolster the software maker’s capabilities in the competitive data-storage market. Commvault Chief Executive Officer Sanjay Mirchandani told Bloomberg in an interview that his company will buy […]
SEC and CFTC Charge Options Clearing Corp. With Failing to Establish and Maintain Adequate Risk Management Policies
(HedgeCo.Net) The Securities and Exchange Commission and the Commodity Futures Trading Commission today announced that the Options Clearing Corporation (OCC) will undertake remedial efforts and pay $20 million in penalties to settle charges that it failed to implement policies to […]
ASEAN: Private equity interest is rising, venture capital is booming
(Opalesque) The outlook for the private equity and venture capital industry in Southeast Asian Nations (ASEAN) is promising, said Preqin. Fundraising has hit new highs in recent years – a record 17 ASEAN-focused venture capital funds raised $0.9bn in 2018, […]
VanEck, SolidX offer ETF-like Bitcoin instrument to institutional buyers
(Opalesque) Investment firm VanEck and financial technology company SolidX Management LLC will sell shares in a limited version of a Bitcoin exchange-traded fund (ETF), using a rule that exempts the shares from securities registration, under which shares can be sold […]