Category Archives: Syndicated
HNA Explores Ingram Micro Sale, China Huarong Held Talks
(Reuters) Several Chinese groups, including Huarong Asset Management, have been in discussions this year to buy Ingram Micro from HNA Group as the once-acquisitive conglomerate continues its efforts to retrench, according to sources with knowledge of the talks. The U.S. […]
Malta takes lead in cryptocurrency race
(HedgeWeek) The Maltese Government has issued three cryptocurrency bills – the Virtual Financial Assets Act, the Malta Digital Innovation Authority Act and the Innovative Technology Arrangements and Services Act. To read this article:
Hedge Fund Flows Positive In April – Just
(Alpha-Week) Data shop eVestment published its monthly asset flows report today, seeing a +$1.78bn of net inflows into hedge funds. Year to date flows have nudged higher to some +$13.67bn. To read this article:
GWM acquires stake in Optimus Capital
(Hedgeweek) GWM Investment Management, a boutique wealth manager and investment consultancy, has acquired an interest in Optimus Capital, the discretionary investment manager for both private and institutional clients. To read this article:
Elliott Poised to Take Thyssenkrupp Stake
(Reuters) Activist investor Elliott, which is currently stepping up its campaigns in Europe, is close to taking a stake in Thyssenkrupp (TKAG.DE), a source familiar with the matter said, increasing pressure on management to restructure the group.The Germany company’s CEO […]
It’s A Record: More People Than Ever Before Are Betting That Rates Will Rise
(Harvest) The popular use of fixed-income derivatives is allowing investors to aggressively bet that interest rates will rise. But what if they’re wrong? To read this article:
Hedge Fund Billionaire Tepper Approved Unanimously as Panthers Owner
(Reuters) The NFL approved the sale of the Carolina Panthers to former Pittsburgh Steelers minority owner David Tepper on Tuesday by a 32-0 vote at the league’s meetings in Atlanta.“I would like to congratulate David and welcome him to the […]
Wells Fargo Asset Management launches Global Equity Absolute Return Fund
(Opalesque) Wells Fargo Asset Management (WFAM) announced the launch of the Global Equity Absolute Return Fund, a sub-fund of the Wells Fargo (Lux) Worldwide Fund, on 26 April 2018. The new fund broadens the current international product suite. The fund […]
Omega Advisors’ Cooperman Rails Against SEC After Tense $4.9m Legal Battle
(New York Post) Leon Cooperman is still smarting from his costly battle with the Securities and Exchange Commission and has some suggestions for Wall Street’s watchdogs. To prevent others from seeing their businesses harmed by regulatory overreach, Cooperman suggested the […]
Goldman’s next CEO is already shaking things up
(New York Post) A part-time DJ is in line to seize the helm at Goldman Sachs — and he’s already got the bank’s executives playing musical chairs. To read this article:
Dan Loeb Wants to Raise $400m to Target Fintech
(New York Post) The hedgie behind Third Point is looking to raise $400 million for Far Point Acquisition Corp., a so-called “blank check” acquisition company….. To read this article:
Citadel Securities ups ETF Game as Part of Growth Push
(Reuters) Citadel Securities LLC has entered the lead market making business with a small list of exchange-traded funds, and is doubling down on hiring and analytics in 2018 to keep an edge over rival electronic trading firms… To read this […]