Monthly Archives: February 2019

Dodging The Windstream Default Fallout

(Forbes) Shrinking revenue and crushing debt have steadily pushed Windstream WIN -25.39% Holdings (WIN) toward bankruptcy for months. Now a Manhattan federal court ruling will likely shove the wireline phone company over the edge. Unless it can successfully appeal the […]

The age of the quant is coming to an end

(eFinancial) I’ve worked as a quant in finance for over two decades, on both sides of the Atlantic. And I can smell the rot setting in. To read this article:

Hedge funds hold smallest slice of stock market since 2012

(Marketwatch) An ugly fourth quarter for stocks saw hedge funds scale back their stacks in U.S. equities, according to one analysis of quarterly filings and other data…..Coming into 2019, the percent of S&P 500 market cap owned by hedge funds […]

Jefferies loses top litigation-finance banker to rival

(New York Post) Justin Brass, a managing director in the bank’s Special Situations Group, left the bank this week, according to two people familiar with the move. Sarah Lieber, a senior vice president who worked for Brass, also left the […]

Hedge funds make solid start to 2019

(Hedgeweek) Investor optimism spurred by a variety of favourable conditions pushed hedge funds to a solid start in 2019 with a 3.88 per cent return in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of […]

CTAs have increased long fixed income positions, says Lyxor

(Hedgeweek) CTAs have dramatically increased their long fixed income positions over the last quarter according to the latest Weekly Brief from Lyxor’s Cross Asset team, and the company is concerned about the impact a bond trend reversal might have on […]

Final Judgments Against Former CEO and Former CFO of General Cable Corp. Operating Segment

(HedgeCo.Net) The Honorable Joan A. Lenard of the U.S. District Court for the Southern District of Florida entered final judgments on consent against Mathias Francisco Sandoval Herrera and Maria D. Cidre, the former Chief Executive Officer and former Chief Financial […]

A currency war would be one-sided if US/China trade dispute escalates

(Hedgeweek) The big question that arises whenever trade wars emerge is the extent to which the principal actors involved devalue their domestic currencies. For the US and China, the battleground is substantially uneven in the sense that China basically controls […]

LiquidX trading volume soars 40 per cent year-on-year to USD7.4bn

(Hedgeweek) LiquidX, a global network for illiquid assets, transacted a record USD7.4 billion in 2018, as year-over-year trading volume soared 40 per cent. The platform handled four times as many unique credits in 2018 than in previous years. To read […]

Wall Street Horizon partners with Lucena Research to provide actionable investment signals

(Hedgeweek) Lucena Research, a specialist in predictive analytics for financial markets, and Wall Street Horizon, a provider of corporate earnings and events data to institutional investors, are bringing to market new combined offerings in the form of actionable signals for […]

Hedge Funds Hunt For Shipping Debt in New Market Push

(Reuters) A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector. World economy worries and […]

Hedge funds off to a strong start – Barclay Hedge Fund Index climbs 3.88% in January

(Opalesque) Investor optimism spurred by a variety of favorable conditions pushed hedge funds to a solid start in 2019 with a 3.88% return in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. […]