Category Archives: Syndicated
WorldQuant Hedge Fund Deploys Scientists for Cancer Research
(Bloomberg) Did you get your smartphone swabbed for germs at Milken? Some 1,000 conference attendees took part this week in this research project, led by Chris Mason, a metagenomicist at Weill Cornell Medicine. The microbial data gathered will help create […]
Neuberger Berman launches Specialty Finance Group
(Hedgeweek) Neuberger Berman has moved into the broader specialty finance industry with the formation of Neuberger Berman Specialty Finance group (NBSF). The firm manages USD299 billion in assets, of which USD60 billion is alternative investments for institutions and individuals. To […]
Alcentra holds final close of Clareant Structured Credit Opportunity Fund III
(Hedgeweek) Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management (IM), has held the final close of Clareant Structured Credit Opportunities Fund III at USD513 million, surpassing its fundraising target of USD300 million. To read this article:
Anchorage Caught Short in Chatham’s McClatchy Trade
(Bloomberg) Anchorage Capital Group is among the firms caught on the opposite side of a credit-default swaps trade that has sparked the latest round of consternation in the CDS market. The $17 billion hedge fund had been betting against McClatchy […]
Och-Ziff Has First Inflows in Two Years
(Bloomberg) Och-Ziff Capital Management Group LLC is finally bringing investors back into the fold after suffering eight straight quarters of outflows. The hedge fund firm, founded by billionaire Dan Och, lured $381 million in client cash in the first three […]
Inside the World’s Most Elite (and Secret) Traders’ Club
(Bloomberg) In an industry where power and influence are measured in dollars and cents, this may be the most exclusive club in finance: The price of admission is at least $25 million. To read this article:
An old Wall Street money manager with $500 billion is moving to Nashville from Manhattan to save money
(CNBC) Asset manager AllianceBernstein will move its headquarters from Midtown Manhattan to Nashville and relocate about 1,050 jobs beginning later this year, according to a filing with the Securities and Exchange Commission… To read this article:
10-Year Treasury Yield Upshifts past 3% as Fear of Curve Inversion Grows
(Harvest) Stocks slide on rising rates and yield curve inversion concerns, but a recession doesn’t look likely, judging by other economic data and the high-yield bond market. To read this article:
Fund Manager Mobius, Ex-Franklin Colleagues, Launch New Firm
(Reuters) Veteran emerging markets fund manager Mark Mobius has teamed up with two former colleagues from U.S. asset manager Franklin Templeton to launch investment firm Mobius Capital Partners…. To read this article:
Fund Managers Talk Up Short-Selling Ideas At New York Conference
(Reuters) Hedge fund managers will take center stage at a conference in New York on Thursday to call out companies they are wagering against. Years of strong equity gains have battered short sellers betting on a company’s stock price to […]
Rokos Overtakes Howard as Billionaire’s Clients Pull Money
(Bloomberg) The protege has overtaken the master. Chris Rokos’s investment firm manages more money than Brevan Howard Asset Management for the first time as clients continue to quit billionaire Alan Howard’s hedge fund company. To read this article:
This Hedge Fund Trade Is Stirring Fresh Controversy in the CDS Market
(Bloomberg) It seemed like a sure-fire bet: short the debt of a highly leveraged newspaper company that’s losing money. And for a while, it worked as investors piled up almost $500 million of wagers by buying credit-default swaps on the […]
