Category Archives: Syndicated
Activist investor presses Valaris for broader changes, plans on special meeting
(Reuters) – Hedge fund Luminus Management said on Monday that it plans to call a special shareholder meeting at Valaris PLC (VAL.N) and press for broader improvements at the offshore contract drilling services company which promised its own changes two […]
Nearly 45% of hedge funds see inflows, but October marks 8th consecutive month of industry outflows
(Opalesque) The balancing act of asset inflows and outflows worked against the hedge fund industry again in October, with investors redeeming $6.20 billion from the industry, according to the just-released October 2019 eVestment Hedge Fund Asset Flows Report. While 45% […]
Investors stick with private credit
(Opalesque) Private credit continues to grow as investors of all types hunt for yield, according to a new survey from The Alternative Credit Council (ACC) and global law firm Dechert. However, as more money moves into the asset class, it’s […]
Ray Dalio denies report hedge fund Bridgewater has bearish bet on market
(Reuters) Bridgewater Associates’ Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, taking issue with a story published earlier in the Wall Street Journal. The hedge fund has bet […]
Bridgewater Associates bets over $1 bln on market drop
B(Reuters) – Bridgewater Associates LP, a hedge fund founded by billionaire Ray Dalio, has bet more than $1 billion that stock markets around the world will fall by March, the Wall Street Journal reported on Friday, citing people familiar with […]
Oil traders bet on economic upswing in 2020
(Reuters) Crude oil traders are betting the market will tighten significantly next year, even as the major statistical agencies predict production will outstrip consumption and oil inventories will rise. Most of the divergence can be explained by differing assumptions about […]
Bacon’s Moore Capital to Return Client Capital after 30 Years
(Reuters) Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management LP double-digit returns over 30 years, will stop investing for outside clients. To read this article:
Hedge Funds Hit by Investor Redemptions for 8th Straight Month
(Bloomberg) Investors just keep punishing hedge funds.Managers suffered the eighth straight month of client redemptions in October, the longest stretch of withdrawals since the 2008 financial crisis. To read this article:
Ex-Hedge Fund Trader Gets Prison for Mismarking Scheme
(Bloomberg) A former trader at the defunct hedge fund Premium Point Investments was ordered to spend almost 3 1/2 years in prison for conspiring with the firm’s co-founder to overvalue its assets in order to attract new investors and keep […]
Bacon’s Moore Capital to return client capital after 30 years
(Reuters) – Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management LP double-digit returns over 30 years, will stop investing for outside clients, according to a […]
Charles Schwab in advanced talks to buy TD Ameritrade:
(Reuters) Charles Schwab Corp (SCHW.N) is in advanced talks to acquire TD Ameritrade Holding Corp (AMTD.O), a person familiar with the matter said on Thursday, in a deal that could exceed $26 billion and combine the two largest U.S. discount […]
SS&C GlobeOp Forward Redemption Indicator at 4.81 per cent for November
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for November 2019 measured 4.81 per cent, up from 3.76 per cent in October. To read this article: