(Reuters) Hedge funds are split on how to position billions of dollars in bets they have taken on Italian banks as the country’s political tumult takes its toll on bonds, shares and the euro.Although hedge funds have a combined 1 […]

(Bloomberg) One hedge fund manager has a novel way to profit from shares of Tencent Holdings Ltd. — whether they go up or down. The trade, a brainchild of BFAM Partners (Hong Kong) founder Benjamin Fuchs, involves buying both Tencent […]

(Bloomberg) Blackstone Group’s GSO Capital Partners and Solus Alternative Asset Management resolved a dispute over a financing plan for Hovnanian Enterprises Inc., ending an argument that had roiled the credit derivatives market. The fight stemmed from GSO’s agreement last year […]

(aiCIO) The Billion Dollar Club, which encompasses 247 institutions that have $1 billion or more in the asset class, now stands at $889 billion. Some of its largest managers by total assets under management include Bridgewater Associates, AQR Capital Management, […]

(Bloomberg) Asian stocks rebounded after U.S. shares rallied with Treasury yields as investors saw the market reaction to Italy’s political turmoil as overdone. The dollar held losses and oil stabilized following gains. The MSCI Asia Pacific Index of stocks bounced […]

(Harvest) Movement in the U.S. dollar can be a headwind or a tailwind for earnings of U.S.-based companies. A company’s sensitivity depends proportionately on how much business it conducts internationally. In the chart below, we can see that, aggregately, firms […]

(Bloomberg) Speculators in Treasuries futures proved prescient coming into this week: They turned bullish on two-year notes and pared short bets on 10-year debt heading into the biggest bond-market rally since 2016. An escalating political crisis in Italy roiled financial […]

(Marketwatch) DHI Group Inc.’s stock rocketed 26% in afternoon trade Tuesday, toward a seven-month closing high, after the employment connections services provider disclosed that hedge fund TCS Capital Management LLC had acquired a large stake in the DHI and expressed […]

(Hedgeweek) Traders disagree over whether MiFID II has been successful, according to new research by SIX, with a combined 70 per cent of traders surveyed by the Swiss exchange believing that trading has become more transparent – a key goal […]

(Hedgeweek) Net sales of UCITS and AIFs totalled EUR47 billion in March 2018, up from EUR25 billion in February, according to the latest Investment Funds Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA) To read this […]

(Bloomberg) Curran explains why Moody’s things India and Indonesia are among the riskiest when it comes to debt. Indonesian bond holders have had a rough ride this year. But the pain isn’t over yet, according to the world’s largest publicly […]

(Bloomberg) Man Group Plc’s Chief Executive Officer Luke Ellis, who oversees the world’s largest publicly traded hedge fund firm, said recent bond defaults in China show that regulators are trying to shift to a more “sensible” market model. “The Chinese […]