Category Archives: Syndicated
Deutsche Bank, BNP reach transition agreement for global prime finance platform
(CNBC) Deutsche Bank and BNP Paribas reached a master transaction agreement to assure service continuity to Deutsche’s global prime finance and electronic equities clients, the banks said on Monday. To read this article:
SS&C GlobeOp Forward Redemption Indicator at 3.67 per cent for September
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for September 2019 measured 3.67 per cent, up from 3.41 per cent in August. To read this article:
Here’s how much financial advisors should invest in alternatives to make a difference
(CNBC) You don’t have to be a hedge fund guru to discuss alternative investments with your clients, yet it doesn’t hurt to get educated. It’s no secret that portfolio diversification protects investors from the whims of the stock market, blunting […]
BNY Mellon expands ESG analytics service
(Hedgeweek) BNY Mellon has expanded the firm’s ESG Analytics offering by integrating fixed income scoring for corporate bonds To read this article:
DTCC white paper highlights importance of business resilience as protection against future market disruptions
(Hedgeweek) Acknowledging the growing potential for future disruptions to critical business services that could create market instability, a new white paper from The Depository Trust & Clearing Corporation (DTCC) has called for establishing business resilience as an industry-wide priority. To […]
Ex-Diamondback duo launches $1bn long-short hedge fund:
(Opalesque) In the week ending September 20th 2019, Larry Sapanski and Richard Schimel started a new hedge fund with $1 billion in commitments seven years after shutting their old firm, Diamondback Capital Management. To read this article:
Global venture capital industry AUM hits record levels at $856bn
(Opalesque) Global venture capital is expanding fast, and over the past five years, the industry posted a compound annual growth rate of 17%, said a study. Assets under management (AUM) soared to $856bn as of December 2018, a new record, […]
Cluster of hedge funds set to profit from Thomas Cook failure
(Reuters) – The collapse of travel operator Thomas Cook (TCG.L) is set to result in a bumper pay day for a clutch of hedge funds who bet the company’s share price would fall. To read this article:
Saudi oil attacks leave hedge funds unmoved despite battle of the bots:
(Reuters) – Hedge fund managers remain cautious about the outlook for oil prices despite a short-term surge following the recent attacks on Saudi Arabia’s oil installations. To read this article:
Point72 Used Big Data to Short Weight Watchers, Dave & Buster’s
(Bloomberg) Big data gave Point72 Asset Management a fresh view into Dave & Buster’s Entertainment Inc. — and a reason to short the chain. Combing through geo-location data linked to anonymous credit card information, the hedge fund discovered that when […]
Even if the Fed cuts rates to zero, market bear predicts a recession is less than 12 months away
(CNBC) Despite the Federal Reserve’s latest efforts to boost the economy, long-time market bear David Rosenberg warns a recession is coming. The Gluskin Sheff chief economist and strategist predicts economic growth in the U.S. will turn negative sooner than most […]
New record high for Jersey’s funds sector as private equity soars
(Hedgeweek) The value of regulated funds serviced in Jersey rose by 7 per cent to a new record high in the first half of 2019, according to the latest figures to be collated by the jurisdiction’s financial regulator the Jersey […]