Category Archives: Syndicated

FlexTRADER extends Goldman Sachs actionable IOI liquidity

(Hedgeweek) FlexTrade Systems has extended Goldman Sachs’ actionable IOI functionality within the FlexTRADER EMS. To read this article:

iM Global Partner acquires stake in Scharf Investments

(Hedgeweek) iM Global Partner has acquired a 40 per cent interest in Scharf Investments, an independently owned and employee-controlled US equity value firm with USD3.4 billion in AUM as of end of March 2019. To read this article:

Iran sanctions decision rewards hedge fund oil bulls

(Reuters) – Hedge fund managers added even more bullish long positions in crude oil and gasoline last week as traders bet prices will continue rising despite a sluggish economy and political sensitivity around escalating motoring costs. The Trump administration’s decision […]

Gramercy Funds Management names Mohamed A. El-Erian as senior advisor

(Opalesque) Gramercy Funds Management LLC, a $6 billion dedicated emerging markets investment manager, today announced that Dr. Mohamed A. El-Erian will be involved with the firm on a part-time basis as a Senior Advisor. Dr. El-Erian is a renowned economist […]

Lawyer for Platinum founder says investors knew and accepted risks

(Reuters) – Investors in the defunct billion-dollar hedge fund firm Platinum Partners had ample notice they might not get their money back, a lawyer for Platinum founder Mark Nordlicht told jurors on Tuesday, urging them to acquit his client of […]

Jefferies Backs Firm Led by Ex-Blackstone, Carlyle Directors

(Bloomberg) Leucadia Asset Management, an arm of Jefferies Financial Group Inc., is backing a new investment firm led by former Blackstone Group LP and Carlyle Group LP executives. To read this article:

Shareholder activism trends in the 2019 proxy season

(Opalesque) In 2018, robust U.S. and global M&A activity substantially mitigated the downside risk for activist investors. With political uncertainty ahead of the 2020 presidential election, unsettled questions on trade and tariffs, and the late 2018 market correction potentially foreshadowing […]

Nintendo’s Big Rally on China Prospects Hasn’t Scared Off Shorts

(Bloomberg) Nintendo Co. shares have surged this year thanks to a stellar games lineup and potential entry into China. But the hedge funds betting against the company aren’t going away. To read this article:

PG&E in Deal With Bluemountain Appoints New Independent Director

(Reuters) California utility owner PG&E Corp said on Monday it agreed to a deal with BlueMountain Capital Management LLC to appoint a new independent director and a safety adviser, resolving a months-long battle with the activist shareholder. BlueMountain, a New […]

Investors Continue to Pull Money From Hedge Funds Despite Performance Rebound

(Opalesque) Despite a strong start to the year, which saw Q1 2019 average hedge fund performance hit +5.34%, investors continued to pull money from the business, redeeming an estimated $13.69 billion from the industry in March, according to the just-released […]

Another Way to Hedge Tech Stock Volatility

(Harvest) When bitcoin hit its high in December 2017, its total market cap was approximately $420 billion. By contrast when the five stocks in the FAANG plus MSFT hit their highs back in September/October 2018, their combined market cap was […]

SS&C GlobeOp Forward Redemption Indicator at 2.51 per cent for April

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for April 2019 measured 2.51 per cent, down from 3.49 per cent in March. To read this article: