Category Archives: Syndicated

Bulls Flee Buffett’s China Investment as Shares Lose $9 Billion

(Bloomberg) The rout in BYD Co. shares is nearing $9 billion as investors desert what was the world’s top stock only months ago…. To read this article:

RBC Raises Target For US Yields

(The Technical Analyst) RBC raises target for US yields The US 10-year yield is testing key resistance between 3.00 and 3.05, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets. After hitting his prior target of 3.00, […]

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 […]

A Hot Crypto Hedge Fund Keeps Poaching Wall Street bankers

(The Business Insider) Cryptocurrency hedge fund BlockTower Capital keeps scooping up talent from Goldman Sachs, as Wall Streeters continue to flee big banks in favor of bitcoin firms. Steve Lee, a former portfolio manager and trader at Goldman, is one […]

Hedge funds fall in line with market downturn

(Hedgeweek) Hedge funds were down in sync with the wider market downturn last week, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article:

The Terrible Trauma of Finding an Original Name for Your Hedge Fund

(eFinancial) Leaving banking and starting your own hedge fund is not an easy business. Hedge funds are closing down all over the place, even crytpo funds which were the most recent shiny thing. Raising investor money is not easy. Achieving […]

Goldman, Hedge Funds Drawn Into Noble Group’s Legal Battles

(Bloomberg) Noble Group Ltd.’s dissident shareholder Goldilocks Investment Co. listed a raft of hedge funds and banks, including Goldman Sachs Group Inc. and Deutsche Bank AG, as defendants in its legal battle against the commodity trader, as the fund presses […]

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 […]

Taking a layered approach to cybersecurity

(Hedgeweek) Every fund manager knows that the risks of cyber attacks impacting the way they do business are exponentially rising. For some managers, knowing the proper approach to cybersecurity, within the limits of available resources and budget, can feel disorientating. […]

Oil Hedge Fund Manager Says $300 Oil ‘Not Impossible’

(Bloomberg) Pierre Andurand, one of oil’s most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was “not impossible” within a few years. Andurand, who’s often espoused bullish views, […]

Fund Fees Drop at Record Pace With Investors Opting for Cheap Choices

(Bloomberg) The price of investing is falling at a record rate. The average asset-weighted fee paid on U.S. mutual funds and exchange-traded funds declined by about 8 percent to 52 cents per $100 invested last year… To read this article:

Meet the 26-year-old Ex-Googler Who Got $133 Million for a Cryptocurrency Startup That Could Replace Money Completely

(The Business Insider) Al-Naji’s passion for cryptocurrencies began with a bitcoin mining rig he built in his Princeton dorm…..Today, Nader Al-Naji is the CEO of Basis — a hot cryptocurrency startup, with grand ambitions to replace regular money. To Read […]