Category Archives: Syndicated

PEGAS sees strong futures volumes in July including a record month on CEGH VTP

(Hedgeweek) PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered 153.1 TWh on its Futures segment in July 2019. To read this article:

Ackman’s Pershing Square exited ADP and United Tech investments

(Reuters) – William Ackman’s Pershing Square Capital Management has sold its positions in Automatic Data Processing Inc (ADP.O) and United Technologies Corp (UTX.N) and built a new position in a company whose name has not been disclosed, a source familiar […]

Hedge funds were divided on oil, until Trump tweeted

(Reuters) – Hedge fund managers were deeply divided over the future direction for oil prices, until the United States announced fresh tariffs on China and sent prices plunging late last week. To read this article:

Will more hedge funds follow Coatue’s lead into early stage venture?

(Opalesque)mIn the week ending August 2nd 2019, reports said hedge fund Coatue launched a $700m venture fund that will focus on early-stage investments. The New York-based firm submitted a filing for the vehicle with the SEC in November. To read […]

Wilshire 5000 sets record highs in July, nets $425bn gain for the month

(Opalesque) The Wilshire 5000 Total Market Index, the original pure and complete measure of the U.S. stock market, gained 1.49 percent in July and 20.43 percent for the year, closing the month at 30,550.75, according to Wilshire Associates Incorporated. To […]

Virtual reality gets a reality check with a significant fall in investment

(Opalesque) For several years, virtual reality (VR) start-ups were highly desired companies to invest in for future returns. More recently, though, the market has taken a volatile turn. According to Preqin, from 2016 to 2017 the number of venture capital […]

Citadel Alums Start Year’s Biggest Hedge Fund at $2 Billion

(Bloomberg) The biggest hedge fund startup so far this year is debuting with $2 billion in investor commitments and former Citadel traders Michael Rockefeller and Karl Kroeker at the helm. To read this article:

Och-Ziff’s Flagship Fund Falls Below $10 Billion on Outflows

(Bloomberg) Och-Ziff Capital Management Group Inc. posted another quarter of outflows from its multi-strategy hedge fund, a signal that efforts to pull in capital have yet to pay off. To read this article:

Resurgent Volatility Shows Why Distrust of Stocks Runs So High

(Bloomberg) A stock market that has been scaring Wall Street for months got a lot more frightening this week as Jerome Powell and Donald Trump helped deliver the worst drop of the year and volatility surged. To read this article:

Power derivatives market up by 55 per cent in July

(Hedgeweek) In July 2019, the European Energy Exchange (EEX) increased its volume on the power derivatives market by 55 per cent to 331.4 TWh compared to the previous year. To read this article:

GSR appoints adviser for expansion into mainland China

(Hedgeweek) Cryptocurrency trading firm GSR has appointed Xin Song as a specialist advisor to oversee expansion into Mainland China. To read this article:

71% decrease in private equity secondaries fundraising for H1 seen as cyclical effect

(Opalesque) Seven private equity secondaries funds secured an aggregate $2.4bn in H1 2019, representing a 71% decrease from H1 2018 when $14bn was raised from 23 secondaries funds. To read this article: