Category Archives: Syndicated

Hedge Funds Might Blow a $4.4 Billion Light Bulb Deal

(Bloomberg) Hedge funds have got AMS AG over a barrel. The Austrian sensor maker this week made a desperate-sounding appeal to shareholders in Osram Licht AG to accept its 4 billion-euro ($4.4 billion) offer for the German lighting group, amid […]

Black Friday shoppers stay away from stores, make $7 billion-plus splurge online

(Reuters) – U.S. shoppers made more purchases online on Black Friday than in the mall – hurting traffic and sales at brick-and-mortar stores, according to data that offered a glimpse into what is still one of the busiest shopping days […]

International stocks to outperform U.S. in 2020: investors

(Reuters) – Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25% for the year, investors appear to be looking elsewhere for better values in the year ahead. To […]

Hedge fund assets up 3.5% since end of 2018 despite outflows

(Opalesque) For the sixth consecutive quarter, hedge fund outflows surpassed capital inflows, with the industry losing $34.4bn in the capital during Q3 2019, said Preqin. Despite the continued drawdowns, positive performance across most top-level hedge fund strategies in 2019 YTD […]

Losses from digital currency crime soar to $4.4bn in the first nine months of 2019, up 150%

(Opalesque) The total volume of cryptocurrency-related fraud and theft resulted in losses worth $4.4 billion in the first nine months of the year, up more than 150% from US$1.7 billion in all of 2018. However, the Q3 showed the lowest […]

VoxSmart acquires Fonetic trading business

(Hedgeweek) VoxSmart, a specialist in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants. To read this article:

Complacency Could Blind Regulators to The Next Financial Crisis Warns Ex SEC Exam Chief

(Forbes) Complacency could blind regulators to the start of the next financial crisis warns Carlo di Florio who helped the Securities and Exchange Commission mop up after the end of the last one as the head of its exam unit. […]

Moore-Backed Macro Hedge Fund Stone Milliner to Shutter

(Bloomberg) Stone Milliner Asset Management, the macro hedge fund started by former Moore Capital Management traders, is winding down following poor performance and client withdrawals, according to a person familiar with the matter. The London-based firm told investors Tuesday that […]

BVI to Embrace Digitalisation to Further Innovate Funds Industry

(HedgeWeek) The theme of digitalisation took centre stage at the annual Meet the Regulator Forum held by the BVI’s financial regulator, the Financial Services Commission (‘FSC’) this July. During the forum, Deputy Managing Director, Corporate Services of FSC, Jennifer Potter-Questelles […]

Bridgewater $1.5b Market Fail Bet is False According to Ray Dalio

(AlternativeSoft) Founder and Billionaire Ray Dalio takes to social media to contest WSJ. According to The Wall Street Journal, the largest hedge fund in the world Bridgewater Associates have bet big on a market crash. To read this article:

For alternative asset managers, the time for RPA is now

(Opalesque) Alternative asset managers are getting serious about embracing technology. Robotic process automation, machine learning and artificial intelligence – innovations I collectively refer to as emerging technology are having a moment in the industry. While the exact scope of what […]

Macro and hedge fund Q1 2020 outlook improves, says Lyxor

(Opalesque) The active investment backdrop, and in particular for hedge funds, is steadily improving, said Lyxor in its weekly brief. Soaring policy uncertainties and monetary liquidity flows in the first part of the year were challenging for fundamental investors picking […]