Monthly Archives: September 2018
Why there’s Trillions in Hedge Funds with Stocks at All Time Highs
(Harvest) Looks like CNBC wants you to know the S&P 500 just hit a new all time high. Time to break out the Dow 30,000 hats and pics of Leo playing the Wolf of Wall Street. But why is this […]
CFTC orders Morgan Stanley & Co to pay $500,000 for supervision failures
(Hedgeweek) Morgan Stanley & Co (MSCO) is to pay USD500,000 to settle CFTC charges over failing to diligently supervise the reconciliation of exchange and clearing fees with the amounts it ultimately charged customers for certain transactions on the CME Group, […]
SEC Detects Brokers Defrauding Customers
(HedgeCo.Net) Three New York-based brokers have been charged with making unsuitable recommendations that resulted in substantial losses to customers and hefty commissions for the brokers. One of the brokers agreed to pay more than $400,000 to settle the charges. Brokers […]
New Mountain Capital Raises $6.15B For Oversubscribed Fifth PE Fund
(FINalternatives) New York-based alternative investment firm New Mountain Capital has raised $6.15 billion in capital commitments for its fifth buyout fund, easily surpassing the initial target of $5 billion. To read this article:
Hedge Fund Marathon Eyes Bad Loans in Britain on Brexit Slowdown
(Reuters) U.S. credit hedge fund Marathon Asset Management sees buying opportunities in British non-performing loans as Britain’s economy slows down following its vote to leave the European Union, the fund’s chief executive said on Thursday. “We think the UK will […]
Whitney Tilson is Shutting Down His Hedge Fund
(CNBC) Noted hedge fund manager Whitney Tilson said he is shutting down his fund at a time when industry assets are growing but returns continue to lag. Tilson notified clients on Sunday that his Kase Capital Management was shuttering the […]
White House Urged SEC Chairman to Pause Chicago Stock Exchange Sale to China-Led Group, Sources Say
(CNBC) The White House urged the chairman of the Securities and Exchange Commission to put on hold the sale of the Chicago Stock Exchange to a Chinese-led group, the Wall Street Journal reported on Thursday, citing people familiar with the […]
Equity Volatility Schemes Seen Widely Used – Fed Survey
(Reuters) Strategies to profit from stock market volatility are seen as widely used among hedge funds, insurance companies and other institutional investors, a Federal Reserve survey released on Thursday showed. For their hedge fund clients, nearly one-third of the primary […]
One of the World’s Largest Hedge Funds is Now Letting Computers Trade Completely on Their Own
(CNBC) It’s almost 11 p.m. in Man Group’s offices in London. The humans have all gone home. But the computers are just waking up. Man runs about $43 billion in assets through quantitative trading. Algorithms do most of the work, […]
The World’s Largest Hedge Fund Told Clients the Fed is Making a Mistake
(The Business Insider) The world’s largest hedge fund told clients the Federal Reserve was making a mistake by raising interest rates. “The Fed is basing its moves on classic cyclical indicators and the desire to ‘normalize’ the balance sheet,” Bridgewater […]
Citadel Returns Money to Some Global Hedge-Fund Clients
(Bloomberg) Ken Griffin’s Citadel LLC is returning capital to some of the clients in one of its multistrategy hedge funds as it seeks to tighten up its investor base, according to people with knowledge of the matter. Some of the […]
Preqin: Investors Struggle to Source Attractive Hedge Funds
(Opalesque) Preqin’s surveys of hedge fund investors find that many report increasing difficulty in finding attractive funds in which to invest. Almost half of investors said in June* that they were planning to reduce their allocations to hedge funds over […]