Monthly Archives: September 2017

The Stealthy Success of European High Yield

(Harvest) You might be surprised to learn that European high yield bonds were the top-performing credit market over the 10-year period ended August 31. In all honesty, some of us were, too. The development of the asset class in the […]

How a Professional Investor Looks at Economic Data

(Harvest) Economic growth and market performance are closely related, and it’s important for investors to have an accurate and understandable picture of the economy. To read this article:

SGX hits record volumes in FX futures

(Hedgeweek)Singapore Exchange (SGX) has reported a daily volume record for its SGX INR/USD futures contract, with a total of 108,417 contracts traded on 22 September 2017, translating to a notional value of USD 3.34 billion To read this article:

Lexington Partners Hits $2.66B Hard Cap On Fourth Mid-Market Secondaries Fund

(FINalternatives) Lexington Partners has raised $2.66 billion in capital commitments for its fourth secondaries fund and associated vehicles, easily surpassing the firm’s initial $2 billion target amid strong demand for middle-market secondary investments. To read this article:

Schroders Taps Ex-BlackRock Exec Prideaux For Solutions Role Sep 27 2017 | 9:53pm ET

(FINalternatives) Global investment management company Schroders has named former BlackRock executive Charles Prideaux to the new position of head of solutions. To read this article:

Hedge Funds Bet Billions on Hopes of an Abe Win

(Bloomberg) In the two weeks before Prime Minister Shinzo Abe called a snap election, foreign investors using the futures market — which are often hedge funds — suddenly turned hugely positive on Japanese shares. Foreigners bought a net 2.1 trillion […]

Odey, Lansdowne Hedge Funds See Declines in September

(Bloomberg) Odey European sheds estimated 4.9% in first 15 days of month….Lansdowne’s main fund is down 2.2% this month through Sept. 15 To read this article:

Crypto-Currencies Can’t Salvage Hedge-Fund Junkies

(Bloomberg) Hedge-fund star Mike Novogratz thinks he has crypto-currencies figured out. The one-time manager of Fortress Investment Group’s flagship macro fund is pinning his comeback hopes on digital coins. Their volatility is alluring when tranquil markets are depressing industry returns. […]

Governments Will Close Down Bitcoin and Cryptocurrencies if They Get Too Big,

(CNBC) JPMorgan Chase Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again, warning that governments will shut them down if they grow too large. “Right now these crypto things are kind of a novelty. People think […]

Stock Market Analyst Barred for Illegally Cashing In On His Research Reports

(HedgeCo.Net) The Securities and Exchange Commission today charged a stock market analyst with insider trading prior to the publication of research reports and articles he authored with the false disclaimer that he wasn’t trading in the companies being covered. He […]

The Massive Hedge Fund Betting on AI

(Bloomberg) As chief executive officer of one of the world’s largest hedge funds, Luke Ellis prides himself on a healthy appetite for risk. “My job,” he says, “is to not blink.” About five years ago, he did, though—in a big […]

Puerto Rico Bonds Plunge Again as Investors Face Lower Recovery Than Expected

(CNBC) Prices for already beleaguered Puerto Rican debt fell to record lows on Tuesday as investors realized that the devastation from Hurricane Maria made it likely they would receive even less principal than previously thought.Puerto Rico’s 8 percent general obligation […]