Category Archives: Syndicated
Asian shares ease slightly as tariff deadline looms
(Reuters) – Asian equity markets ticked down on Tuesday, tracking Wall Street losses as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect. To read this article:
Distressed Wave Tests Traders Mettle in $10 Trillion Swap Market
(Bloomberg) The rising tide of distressed companies in Europe is boosting the appeal of a much-criticized corner of the $10 trillion market for credit insurance.Credit-default swaps — derivatives that pay out when a company defaults on debt — have brought […]
Hedge Fund White Elm to Shut Down, Posts Double Digit Returns
(Reuters) Hedge fund White Elm Capital is returning money to outside clients at the end of the year, ending a 12-year run of picking stocks for pensions, endowments and wealthy families, its founder, Matthew Iorio, wrote in a letter on […]
Magnetar Seeks $400 Million for Its First Health-Care Hedge Fund
(Bloomberg) Magnetar Capital, the alternative investment firm started by Alec Litowitz and Ross Laser, is set to launch its first health-care hedge fund next year, seizing on a strong sector for startups.The firm is seeking about $400 million in the […]
Asset managers credit profiles will remain resilient in 2020, says Moody’s
(Opalesque) Global asset management 2020 outlook remains stable amid structural headwinds, which constrain EBITDA growth.”The 2020 outlook for the global asset management sector is stable, reflecting high-profit margins, manageable debt burdens, and sustained risk appetite among investors,” Moody’s Investors Service […]
Stable growth from focused reserving practices
(Hedgeweek) Valuation is a key discussion point in the collateralised reinsurance and catastrophe insurance-linked securities market right now. Over the course of the loss years of 2017 and 2018, Pillar Capital Management Limited (Pillar Capital) has been very focused on […]
Ackman’s 51.3% net YTD return proves there’s hope for hedge funds:
(Opalesque) A report in the week ending December 6th 2019, said that with gains in November, Bill Ackman’s hedge fund Pershing Square Capital Management is on track to land massive returns. It posted a 3.4% gross gain for November, or […]
Apollo Global Management eyes expansion in Japan, appoints a new head for alternatives
(Opalesque) Alternative investment firm Apollo Global Management plans to build out a private equity business in Japan, where it sees opportunities in alternatives market. The global alternative investment manager announced the appointment of Tetsuji Okamoto as a Partner, Head of […]
Asset managers have a poor understanding of blockchain technology
(Opalesque) A vast majority of senior executives in fund management industry have an average to poor understanding of blockchain technology, said a survey. Despite overall optimism in blockchain’s potential, 76 percent of industry respondents described the level of understanding of […]
Asian shares buoyed by Wall St rally, but China worry caps gains
(Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. To read […]
Dollar bolstered by U.S. jobs data, markets look to trade talks
(Reuters) – The dollar held firm on Monday after data showed surprise strength in the U.S. jobs market, but the currency was restrained from moving higher by worries about an escalation in the U.S.-China trade war. To read this article:
Investor to Oppose Instructure’s Plans to Sell to Thoma Bravo
(Reuters) Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too cheap and too […]