Category Archives: Syndicated

Softbank Unit Launches $400m ‘Patent Troll’ Fund

(New York Post) SoftBank’s Fortress Investment Group is raising a $400 million fund to sue tech companies over intellectual property infringement….That’s despite the fact that SoftBank…has a $100 billion Vision fund that invests in exactly the kinds of companies targeted […]

Hedge Fund Returns Rose in April for First Gain Since January

(Bloomberg) Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven tracked fund types as managers capitalized on plunging volatility and activist and special […]

Michael Gelband to Launch Biggest Hedge Fund Startup Ever

(Bloomberg) Michael Gelband spent much of his career playing second fiddle to Wall Street chieftains. Now he’s stepping to the fore with the biggest hedge fund startup ever. His firm is expected to start next month with $8 billion, according […]

SS&C GlobeOp Forward Redemption Indicator at 3.47 per cent for May

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for May 2018 measured 3.47 per cent, up from 2.60 per cent in April To read this article:

Hyundai Shelves $8.8 Billion Deal After Elliott Pressure

(Bloomberg) Hyundai Motor Group shelved a controversial $8.8 billion deal between two units after activist hedge fund Elliott Management Corp. balked at the proposal on grounds that it would shortchange minority investors. Hyundai Mobis Co. on Monday decided to withdraw […]

Korean Firms Vulnerable to Speculative Hedge Funds

(Korean Times) As global activist hedge funds are increasingly threatening local businesses, entrepreneurs are demanding the government provide them with shields such as poison pills and golden parachutes. According to business information provider Chaebul.com Monday, owner families of the country’s […]

Bumps in The Road? Curve Inversions, Bond Vigilantes and China

(Harvest) Global fixed income Portfolio Manager Jeff Klingelhofer, CFA, discusses his take on an inverted yield curve, potential resurgence of bond vigilantes, and talk of a Chinese sale of U.S. Treasuries. To read this article:

Tepper Posts 7% Hedge Fund Gain While Tackling Football Deal

(Bloomberg) David Tepper, who won the bidding contest for the Carolina Panthers this week, has been beating most of his hedge fund rivals too. His Appaloosa Management returned about 7 percent this year through April for clients paying a 2 […]

Apis Capital Management Launches Tokenised Hedge Fund With a Proven Track Record

(Hedgeweek) Apis Capital Management has launched the Apis Token which is designed to enable investors to profit from an actively managed investment strategy, which has returned over 70 per cent per year since inception, while benefiting from the liquid and […]

David Tepper’s latest investing move: the NFL’s Carolina Panthers

(CNBC) The value of the average NFL franchise more than doubled in the decade from 2007 to 2017, climbing to $2.52 billion from $957 million, according to Forbes…..Tepper’s deal – which remains subject to NFL approval – is reportedly worth […]

Three Hedge Fund Managers Duel With Wall Street Over the Dollar

(Bloomberg) Bloomberg’s Katherine Greifeld discusses the three hedge fund managers who are going head-to-head with Wall Street’s top strategists over the fate of the U.S. dollar. To read this article:

Man GLG snags PMs from Citadel, Ivaldi

(Opalesque) Man GLG, the discretionary investment management business of Man Group, today announces the appointments of Marvin Caze and Graham Stafford as portfolio managers. Marvin will focus on energy, based in New York, and Graham will focus on healthcare, based […]