Category Archives: Syndicated
Hedge funds up shorts against Greek bonds to highest level since 2014
(Hedgeweek) Hedge funds increased their bets against Greece’s government debt last week ahead of the country’s national elections, on the back of concerns over the possibility of post-election political paralysis, according to a report by The Financial Times. To read […]
Bill Gates says A.I. could kill Google Search and Amazon as we know them
(CNBC) Microsoft co-founder Bill Gates believes the future top company in artificial intelligence will likely have created a personal digital agent that can perform certain tasks for people. The technology will be so profound, it could radically alter user behaviors. […]
Stock futures fall slightly as Wall Street focuses on tense debt ceiling negotiations
(CNBC) Stock futures retreated slightly on Sunday evening as traders monitored the negotiations over the U.S. debt ceiling. Futures for the Dow Jones Industrial Average ticked down 48 points, or about 0.1%. S&P 500 futures dipped about 0.2%, and Nasdaq […]
Biden and McCarthy to meet at White House on Monday to try and avoid looming debt default
(CNBC) As a possible debt default looms just 11 days away, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., will meet in person at the White House on Monday to resume negotiations around the debt ceiling, NBC News reports. […]
Elliott proposes adding new directors to Goodyear’s board. How a margin-boosting plan might unfold
(CNBC) Elliott issued a letter and presentation to Goodyear’s board, urging the company to appoint five new independent directors, monetize the company-owned store network, and form an operational review committee to develop an operational and margin improvement plan. To read […]
Hedge funds tap Singapore-based commodities traders
(Hedgeweek) Big name hedge fund firms including Citadel, Balyasny and Millennium are tapping Singapore’s top performing commodities traders as they look to take advantage of the opportunities presented by erratic commodity prices, and in particular oil, according to a report […]
Capstone ups Japan exposure
(Hedgeweek) The Bank of Japan’s decision to maintain negative interest rates has prompted US hedge fund firm Capstone Investment Advisors to increase its allocation of risk capital to the country to record levels in the hope that the central bank […]
Oasis opens up new ‘front’ in Wagamama battle
(Hedgeweek) Oasis Management Company, the activist hedge fund firm leading an investor revolt at Wagamama owner The Restaurant Group (TRG), has upped the stakes in its battle with the company’s senior management, claiming TRG has excluded “certain” shareholders from key […]
S&P 500 futures rise slightly on Thursday evening: Live updates
(CNBC) The S&P 500 ticked slightly higher in overnight trading Thursday as Wall Street continued monitoring the situation surrounding the debt ceiling. Futures connected to the Dow Jones Industrial Average added 17 points, or 0.05%, while S&P 500 and Nasdaq-100 […]
Hedge funds up 5.8% YTD following 1.1% April gain, says Citco
(Hedgeweek) Hedge funds recorded another positive month in April, with a total weighted average return of 1.1%, taking YTD returns to 5.58%, according to the latest data from Citco, a global alternative investment asset servicer with one $1.8 trillion in […]
Cohen “actually pretty bullish” on economic outlook
(Hedgeweek) Point72 Asset Management founder Steve Cohen believes investors are too worried about a market decline and has said he is “actually pretty bullish” about the current economic outlook, according to a report by Bloomberg. To read this article:
Emerging managers have tightened liquidity, Seward & Kissel study funds
(Hedgeweek) A new report from Seward & Kissel has highlighted a shift in hedge fund portfolio dynamics, amidst ongoing economic uncertainty, towards longer-held positions, with new managers tightening liquidity rules into 2022 as a result. To read this article: