Category Archives: Syndicated

JP Morgan attempts full control of China Futures JV

(Reuters) JP Morgan Chase & Co (JPM.N) is seeking 100% ownership of its futures joint venture in China, Bloomberg reported on Monday, citing a person familiar with the matter. The bank is planning to increase its current 49% stake in […]

World stocks slip as rally pauses, dollar eases

(Reuters) – The dollar slid on Monday, and global stock markets fell as a year-end rally lost steam after pushing stocks to record highs in 2019 To read this article:

Hedge funds and private equity hang on despite headwinds

(Opalesque) A report from Cayman law firm Walkers shows that hedge funds are hanging on despite continuing headwinds. New hedge fund launch data compiled by Walkers shows that equity and credit hedge funds continue to have a strong volume of […]

20/20 foresight for hedge funds in 2020?

(Hedgeweek) By Jim Neumann, Sussex Partners – As the New Year is now almost upon us, it is normal to take pause and consider what is to become of hedge fund allocations in 2020. The rewards of 2019 again seem […]

SAC’s Richard Lee Admitted to Insider Trading. Then He Cleared His Name

(Bloomberg) Richard Lee doesn’t remember the trades that upended his life. A former SAC Capital Advisors LP portfolio manager, Lee managed a $1.25 billion fund for his boss Steve Cohen. He had tens of thousands of trades under his belt, […]

SS&C GlobeOp Forward Redemption Indicator at 4.95 per cent for December

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for December 2019 measured 4.95 per cent, up from 4.81 per cent in November. To read this article:

A 10% to 20% pullback could strike stocks early next year, long-time bull Ed Yardeni warns

(CNBC) Edward Yardeni is questioning the market’s win streak. The long-time bull believes the record rally will take a breather because valuation multiples are getting back to nosebleed altitudes. To read this article:

NYSE legend Art Cashin, who got much of 2019 right, gives his predictions for the new year

(CNBC) We sat down with Art Cashin, managing director of UBS Financial Services who’s patrolled the floor of the New York Stock Exchange for more than 50 years. Here are three predictions the veteran Wall Street trader offered for 2020: […]

Final opportunity zone treasury regulations released

(Opalesque) The U.S. Department of Treasury released the long-awaited final Opportunity Zone Treasury Regulations. The Final Regulations and explanatory materials that span 544 pages, are quite extensive and give some needed clarity into how the Opportunity Zone tax rules work. […]

TAIFEX to deliver real-time market data feed from March 2020

(Hedgeweek) The Taiwan Futures Exchange (TAIFEX) is set to provide real-time market data feed from 23 March 2020 simultaneously with the introduction of continuous trading on Taiwan’s stock market, which currently adopts the call auction trading method during trading hours. […]

Trump stock market rally is far outpacing past US presidents

(CNBC) President Donald Trump’s stock market stacks up well against the majority of his presidential predecessors.The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into […]

Distressed-Asset Hedge Funds Run Into Trouble

(Wall Street Journal) Hedge-fund firms York Capital Management and Southpaw Asset Management are barring clients from getting back all of the money they have requested for year-end, a sign of the pressure that investors in distressed assets are facing. Funds […]