Monthly Archives: February 2019
A Lot of ‘Negative Surprises’ Will Hit The Markets in Coming Months, Hedge-fund Veteran Mark Yusko Says
A Lot of ‘Negative Surprises’ Will Hit The Markets in Coming Months, Hedge-fund Veteran Mark Yusko Says CNBC posted on Thu 14 Feb 2019 Permalink Print Morgan Creek Capital CEO Mark Yusko, who has a bearish outlook for the year, […]
Deloitte Japan Charged With Violating Auditor Independence Rules
(HedgeCo.Net) Deloitte Touche Tohmatsu LLC (Deloitte Japan) will pay $2 million to settle charges that it issued audit reports for an audit client at a time when dozens of its employees maintained bank accounts with the client’s subsidiary. According to […]
SS&C GlobeOp Hedge Fund Performance Index up 3.59 per cent in January
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2019 measured 3.59 per cent. To read this article:
Pimco Predicts Populist Threat in EU Elections Are Overblown
(Bloomberg) Fears of a populist takeover in European Parliament elections have been greatly overstated. Such is the view of Pacific Investment Management Co. whose message to financial markets is simple: don’t worry. In a note to investors, Pimco analysts say […]
Activist Investors Fall Short on Gender Parity
(Bloomberg) Activist hedge fund managers are too passive when it comes to gender equality. Of the 143 board members who were nominated by activist hedge funds in 2018, just 19, or 13 percent, were women, according to a new study […]
Raw or Poached? Salmon’s on Menu for $2 Billion Hedge Fund
(Bloomberg) As the world strives for a more healthy diet, one hedge fund in Australia is developing a keen appetite for salmon. Tribeca Investment Partners Pty, a Sydney-based manager, runs two natural resource funds focused on everything from gas to […]
Papa John’s Offers Purdue Tuition in Bid for Labor Loyalty
(Bloomberg) Papa John’s International Inc. is offering its employees full tuition to Purdue University online classes — part of the beleaguered chain’s efforts to shift the narrative away from the missteps of its founder. The benefit, which will be offered […]
Equity, EM Funds Among Big Hedge Fund Winners in January
(Evestment) Global hedge funds, which ended a challenging 2018 with an industry aggregate return of -5.05%, started off strong in January, with an industry return just shy of +4% according to eVestment’s January 2019 hedge fund performance data. The industry’s […]
Silicon Valley Hedge Funder Glen Katcher Sees an ‘Incredible Opportunity’
(CNBC) Some of the best investments that Silicon Valley has been chasing after can be found on just one stock: Softbank, says Light Street Capital’s Glen Katcher. “It’s an incredible opportunity” to get “real exposure to this incredible growth part […]
Lawyer In Charge of Apple’s Insider-Trading Policy Accused of Insider Trading
(Bloomberg) At Apple Inc., former top lawyer Gene Daniel Levoff was responsible for making sure employees didn’t violate insider-trading laws. It turns out he was allegedly the one who was buying and selling shares illegally, according to U.S. authorities. To […]
Bill Ackman is Making a Comeback With His Hedge Fund Up More Than 24% this Year
(CNBC) His fund Pershing Square says it is up 24.7 percent in 2019 through Tuesday. The fund has made a number of headlines in the past year for new stakes in Starbucks and Hilton Worldwide Holdings. To read this article:
SEC Charges Former Senior Attorney at Apple With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission has filed insider trading charges against a former senior attorney at Apple whose duties included executing the company’s insider trading compliance efforts. The SEC’s complaint alleges that Gene Daniel Levoff, an attorney who previously […]