Monthly Archives: February 2018
Watch Hedge Fund Billionaire Leon Cooperman Count the Ways President Trump Is Like Reagan
(CNBC) Billionaire investor Leon Cooperman told CNBC on Wednesday that the best way to judge President Donald Trump is to compare him to Ronald Reagan. “I kind of contrast Donald Trump with Ronald Reagan,” Cooperman, chairman and CEO of the […]
Blockchain Project Raises $61m from Andreessen Horowitz, US Hedge Fund
(Reuters) A non-profit organization that wants to develop a more decentralized internet using blockchain has raised $61 million in funding from U.S. venture capital firm Andreessen Horowitz and hedge fund Polychain Capital, it said on Wednesday. DFINITY Stiftung wants to […]
What were the chances? US stock selloff sinks Probabilities Fund among others
(Reuters) The Probabilities Fund was supposed to take some of the risk out of the stock market. The $81.2 million mutual fund, backed by an eponymous firm based in San Diego, aims to have a double leveraged position in the […]
SEC Halts Ongoing Fraud by Purported Hedge Fund Manager
(HedgeCo.Net) The Securities and Exchange Commission has charged a purported hedge fund manager in New York City with a brazen offering and investment adviser fraud thereby putting an end to an ongoing scheme. The SEC alleges that, since at least […]
Volatility Spike Boosts US Options Hedging Activity
(Reuters) Wall Street’s “fear gauge” notched its biggest one-day jump on Monday in over two years, as U.S. stocks slumped and investors took to the options market in search of protection against a further slide in equities prices. Stocks slid […]
BlackRock Warns Of Risk As Inverse Volatility Products Sink
(Reuters) BlackRock Inc, the world’s largest asset manager, warned of the risk of so-called inverse Exchange-Traded Products (ETPs) following Monday’s steep decline in financial instruments that bet against wild downward swings in the markets. Monday’s stock market rout left two […]
Hedge Fund That Gained 40% Sees Emerging-Market Rally Persisting
(Bloomberg) Haidar Capital Management’s global macro hedge fund returned about 12.5 percent last month by betting on emerging markets, commodities and a weaker dollar, a wager that’s unlikely to change unless short-term interest rates spike, said Chief Executive Officer Said […]
European Shares Tumble In New Sell Off
(BBC) European markets have followed Asian markets lower on Tuesday as investors continued to dump shares. London, Frankfurt and Paris all fell sharply at the open with losses of up to 3%, before recovering some ground. In the US overnight […]
Hedge Funds Pause Oil Buying As Rally Runs Out Of Steam
(Reuters) Hedge fund managers have cut their bullish exposure to petroleum for the first time in six weeks as oil prices stalled and sentiment turned more cautious amid concerns about an increasingly crowded trade…. To read this article:
The Stock Meltdown Has Made Millions For A Mystery Trader Betting That The Market Will Go Crazy .
(The Business Insider) A trader has been betting for months on a large increase in the Cboe Volatility Index — or VIX — which serves as the stock market’s fear gauge, and has been suppressed for most of the past […]
Quant-Blame Game and ‘Crack Analysis’ Behind the Flash Crash
(Bloomberg) Whenever there’s a sudden crash seemingly devoid of rhyme or reason, the first culprits in the firing line tend to be the “algos.” To read this article:
Bill Gross Fares Worst Among Go-Anywhere Bond Fund Managers in Selloff
(Bloomberg) Bill Gross was having a mighty good 2018, until he wasn’t. Gross’s $2.2 billion Janus Henderson Global Unconstrained Bond Fund fell 0.83 percent as markets plunged Monday — its biggest drop since Dec. 30, 2016, and the worst one-day […]