Category Archives: Syndicated

CMC Markets launches three new indices for energy, agricultural and precious metals sectors

(Hedgeweek) CMC Markets, a spread betting and contracts for difference (CFD) provider, is now offering its customers three new commodity indices: the Energy Index, Agricultural Index and Precious Metals Index. To read this article:

International compliance – a new era for SMCR

(Opalesque) With great power comes great responsibility. Yes, but in the era of SMCR, heads of compliance have found out that even a medium amount of power now comes with an almost unpalatable amount of personal accountability – and legal […]

Picton Mahoney Asset Management acquires two hedge funds from Vertex One

(Opalesque) Canadian financial institution Picton Mahoney Asset Management is all set to acquire the Vertex One Asset Management’s investment fund management contracts for the five hedge funds and alternative mutual funds listed below, with approximately $380m in assets. To read […]

CTAs outperformed Global Macro in August

(Opalesque) CTAs performed well in August as the drop in sovereign yields continued to boost the heavily long bond exposure, Lyxor said in its weekly brief. Conversely, Macro funds underperformed due to their short bond and long equity exposure. Long […]

Investors are moving hedge fund holdings to defensive positions

(Opalesque) Alternative Assets H2 2019* finds that 74% of surveyed investors believe that equity markets are at a peak, up from 61% that said the same at the end of 2018. Just 6% believe markets are expanding, down 15 percentage […]

Third Point, U.S. settle over antitrust filing in DowDuPont stake

(Reuters) – Third Point LLC has agreed to pay more than $600,000 to settle allegations the hedge fund failed to properly file for antitrust clearance when it bought DowDuPont stock two years ago, the U.S. Justice Department said on Wednesday. […]

Pension World Reels From ‘Financial Vandalism’ of Falling Yields

(Bloomberg) A once-unthinkable collapse in global bond yields is forcing pension funds to buy bonds that offer negative returns — putting the financial security of future retirees in jeopardy. U.S. institutions managing trillions of dollars in retirement savings — including […]

Oil funds sidelined by economic uncertainty

(Reuters) – Hedge fund managers cut short positions in petroleum last week amid slow vacation trading and continued conflicting signals about the health of the economy and the outlook for oil supply. To read this article:

Hedge Funds From Autonomy to Odey Tumble on Argentine Swoon

(Bloomberg)Big hedge funds thought they could maneuver through the minefields of Argentine politics. Instead, they got clobbered. Autonomy Capital and VR Capital Group saw their gains for the year wiped away after starting August with wagers on the South American […]

The Currency Soros Couldn’t Break is Tempting Hedge Funds Again

(Bloomberg) Crispin Odey has some advice for the traders ramping up wagers against Hong Kong’s currency: try something else. “There are lots of good bets around at the moment,” said Odey, whose penchant for bold trades has made his hedge […]

‘I Would Be Shocked’: $14 Billion Illinois Bond Fight a Longshot

(Bloomberg) The municipal-bond market is putting long odds on a think-tank chief’s bid to have $14 billion of Illinois debt tossed out in court. While the yields on some of the challenged state bonds jumped by more than a third […]

Compliance Warnings as a ‘Stress Test’ — Questions Raised by The Epstein Case

(Reuters) As much as the compliance function at many financial institutions now sits as an equal partner alongside the businesses units they work with, every now and then something comes along to make one wonder what is the actual status […]