Category Archives: Syndicated
EEX reports 14 per cent increase in power derivatives trading in June
(Hedgeweek) The European Energy Exchange (EEX) increased its volume on the power derivatives market in June by 14 per cent to 263.6 TWh compared to the previous year. To read this article:
Hedge Fund Sues Pritzker to Void $14 Billion of State Debt
HF Hedge Fund Sues Pritzker to Void $14 Billion of State Debt Bloomberg posted on Tue 2 Jul 2019 Permalink Print A hedge fund run by a protege of Appaloosa Management’s David Tepper and the chief executive officer of a […]
They Don’t Pay Traders Like They Used To
(Bloomberg) Different times, man: Varadhan interviewed with a pair of senior Goldman executives including Tom Montag (now Bank of America’s No. 2 man) over a ham sandwich, and spoke with then-CEO Jon Corzine. With the newfangled market for derivatives about […]
Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business
(Reuters) – Deutsche Bank has held talks with Citigroup Inc, BNP Paribas SA and others that could involve transferring parts of its equities business, including operations that serve hedge funds and other big trading customers, the Wall Street Journal reported […]
Hedge Fund Performance Dispersion Narrows Significantly in 1Q19:
(Opalesque) In the week ending June 28th 2019, Hedge Fund Research showed that hedge fund performance dispersion narrows significantly in 1Q19 with the top decile posting an average gain of +21.12%, up from +8.5% in 4Q18, while the bottom decile […]
Jersey Finance Appoints US Representative to Head Up New York Office
(Opalesque) Jersey Finance has appointed Philip A. Pirecki as its business development lead in the US, ahead of the opening of a new representative office in New York later this year. In his new role, Philip will take on responsibility […]
For One Cannabis Fund, the Volatility in Pot Stocks Is a Feature Not a Bug
(Opalesque) The cannabis market can be tough to invest in. Many of the opportunities are privately held and the public stocks are prone to volatility. A new firm – Measure 8 – is approaching both the public and private markets […]
Sancus Capital’s Chernova pioneers a new way forward for CLO refinancing
(Opalesque) Investor interest in CLOs is on the rise and Olga Chernova, Founder and CIO at Sancus Capital Management is working to make the market more transparent. Alongside her work at Sancus, Chernova developed a process that is designed to […]
Fund administrators see big growth in private markets as institutional interest grows, says eVestment
(Hedgeweek) Private markets general partners have continued to adopt third-party fund administration at a rapid rate, which aligns with the overall rising interest in this asset class among institutional investors, according to the 2019 eVestment Alternative Fund Administration Survey. To […]
The new middle office: The key to a competitive advantage
(Hedgeweek) To gain an advantage in today’s hyper-competitive world, asset managers must not only evolve their operations, but they must also discover new ways to leverage them. Managers must be operationally adept; particularly in a business that grows more costly […]
Oil prices get a lift from short-covering
(Reuters) – Hedge fund managers have started to cover some of the bearish short positions in oil they established since late April, amid hopes for interest rate cuts and a trade truce between China and the United States. Hedge funds […]
Gold tumbles nearly 2% as trade truce dents safe-haven demand
(Reuters) – Gold prices fell nearly 2% on Monday to their lowest in more than a week as the dollar strengthened and investors opted for riskier assets after the United States and China agreed to restart trade talks. Spot gold […]