Category Archives: Syndicated
India’s Modi to Visit China’s Xi in New Sign of Diplomatic Thaw
(Bloomberg) Indian Prime Minister Narendra Modi will travel to meet Chinese President Xi Jinping this week, as relations between the world’s two most-populous countries thaw after a tense border dispute last year. To read this article:
RPT-Low profile hedge funds post high returns in year after New York Sohn conference
(Reuters) One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry’s lower-profile managers will probably provide the most […]
Event-Focus Hedge Funds Drive Inflows in First Quarter, HFR Says
(Bloomberg) Hedge fund inflows climbed in the first quarter as investors piled into funds that specialize in mergers, activism and relative value arbitrage, according to Hedge Fund Research Inc. Net inflows totaled $1.1 billion at the end of March, according […]
As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
(Bloomberg) Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. Funds specializing in virtual currency market making and arbitrage strategies delivered first-quarter gains even as their mostly […]
Losing Direction’: Allergan Investors Are Unhappy After A Wild 4 Hour Takeover Drama
‘Losing Direction’: Allergan Investors Are Unhappy After A Wild 4 Hour Takeover Drama The Business Insider posted on Fri 20 Apr 2018 Permalink Print Allergan’s stock closed down 4% on Thursday, after the pharma giant said it was “in the […]
Hedge Funds Suffer First Back-to-Back Loss in Two Years
(Bloomberg) Hedge fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its […]
As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money
(Bloomberg) Bitcoin’s terrible start to 2018 is highlighting the appeal of cryptocurrency hedge funds that make money in both bull and bear markets. To read this article:
Renaissance Technologies Rebounds Across Hedge Funds in March
(Bloomberg) Renaissance Technologies, the $58 billion quantitative investment firm founded by former military code-breaker Jim Simons, gained at three of its hedge funds last month, erasing declines posted when markets slumped in February. The $23 billion Renaissance Institutional Equities Fund […]
Avenue Capital to Launch ‘Impact’ Investment Fund, Source Says
(Reuters) Avenue Capital Group LLC, a New York-based investment firm with $9.4 billion in assets under management, plans to launch a fund this year that will focus on so-called impact credit investments, according to a person familiar with the matter. […]
Owl Creek Funds Sue Ocwen, Executives Alleging Securities Fraud
(Reuters) Four funds run by Manhattan-based hedge fund manager Owl Creek Asset Management have filed a securities lawsuit accusing mortgage servicer Ocwen Financial Corp of fraudulently inducing them to invest tens of millions of dollars in the company. Florida-based Ocwen […]
A Billionaire Hedge-Fund Manager and The Fed Chair Runner-Up Are Investing in a New Cryptocurrency
(CNBC) Billionaire Stanley Druckenmiller and Fed chair runner-up Kevin Warsh have invested in a cryptocurrency project called Basis, along with many other investors, the company said Wednesday. Bain Capital Ventures said it led the $133 million private placement, which was […]
Point72 Appoints Harry Schwefel as Co-CIO Alongside Steve Cohen
(Bloomberg) Steve Cohen is sharing the role of chief investment officer at Point72 Asset Management with his veteran money manager Harry Schwefel. To read this article: