Category Archives: Syndicated
Investor Netter pushes FSD to restructure or return cash
(Reuters) – Investment manager Donald Netter is stepping up his battle with First Trust High Income Long/Short Fund (FSD) by asking the closed-end fund to restructure or give investors their money back because it has been trading at a discount […]
Rockefeller Capital Buys Wealth Firm for Silicon Valley Rich
(Bloomberg) Rockefeller Capital Management, the wealth adviser led by former Morgan Stanley executive Greg Fleming, is boosting its Silicon Valley credentials.Bloomberg posted on Thu 19 Sep 2019 Permalink Print Rockefeller Capital Management, the wealth adviser led by former Morgan Stanley […]
With Each Roundup Verdict, Bayer’s Monsanto Purchase Looks Worse
(Bloomberg) In July 2018, a baby-faced lawyer named R. Brent Wisner seized the opportunity to ask his legal opponent a question that had been bugging him. Through a series of accidents, Wisner had found himself co-leading a monumental case against […]
How Vanda Has Become the World’s Best-Performing Hedge Fund
(Bloomberg) Chong Chin Eai, founder of Swiss-Asia Financial Services’ Vanda Global Fund, shares his investment strategy. Singapore-based Vanda is the world’s best performing hedge fund this year, up 278% through July. To read this article:
BNY Mellon and Bloomberg to deliver front-to-back integration capabilities
(Hedgeweek) The Bank of New York Mellon Corporation (BNY Mellon) and Bloomberg have formed a strategic alliance that further integrates BNY Mellon’s data, analytics, and servicing capabilities with AIM, Bloomberg’s portfolio management, trading and compliance solution. To read this article:
Strong investment returns in 2018 help the US states’ pension liabilities drop
(Opalesque) America’s state pension funds saw their adjusted net pension liabilities (ANPL) fall during the fiscal year 2018 thanks to strong investment returns during the previous fiscal year, said a report from Moody’s Investor Service.” To read this article:
Investors turn to hedge funds for asset protection
(Opalesque) Hedge fund investors are looking to the asset class to offer asset protection as they anticipate an equity market downturn, said Preqin Investor Update. The report on alternative assets during H2 2019, said that despite the underwhelming 12-month performance, […]
Cinctive Capital Management debuts with backing from PAAMCO Launchpad
(Opalesque) The founders of Diamondback Capital Management have launched a new fund – Cinctive Capital. The long/short equity multi-manager fund is starting out with over $1 billion in commitments from institutions including the Employees Retirement System of Texas and PAAMCO […]
Buyout Firm CD&R Pursues Bid with PPG for Buffett-backed Axalta
(Reuters) Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s […]
Crispin Odey Opens His Hottest Hedge Fund to External Clients
(Bloomberg) Crispin Odey, whose main fund has seen excruciating losses and spectacular gains, is opening up his firm’s best performing money pool to external investors. To read this article:
Diamondback Duo Starts Long-Short Hedge Fund With $1 Billion
(Bloomberg) Rich Schimel and Lawrence Sapanski have started their new hedge fund with $1 billion in commitments seven years after shutting their previous firm, according to an email sent to investors. To read this article:
Hedge funds up 0.17 per cent in August, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index was up 0.17 per cent in August, bringing its year-to-date return to 6.58 per cent. Roughly 32.6 per cent of the hedge fund managers comprising the index have recorded double-digit gains over the first […]