Category Archives: Syndicated
Darsana Posts Huge Gain in First Quarter
(Institutional Investor) The flagship hedge fund operated by his firm Darsana Capital Partners posted a 20 percent gain in the first quarter, easily beating the Standard & Poor’s 500 stock index’s 13.6 percent gain — along with most other hedge […]
Lawmakers grill Wall Street bigwigs over risks to US economy
(New York Post) The titans of Wall Street got hauled onto Capitol Hill on Wednesday to get grilled…The chief executives of seven top US financial giants — including JPMorgan Chase’s Jamie Dimon and Goldman Sachs’ David Solomon — faced questions […]
Cerner settles with hedge fund Starboard: to add new directors, increase buybacks
(Reuters) – Healthcare information company Cerner Corp said on Tuesday it reached a settlement with activist hedge fund Starboard Value LP to add new directors to its board and buy back more of its shares, sending the stock up as […]
Hedge funds up 1 per cent in March, says Eurekahedge
(Hedgeweek) The Eurekahedge Hedge Fund Index gained 1.00 per cent in March, supported by strength in global equity and bond markets as central banks shy away from tight monetary policies. To read this article:
New report delivers wake-up call for active management industry
(Hedgeweek) The active management industry must work harder in a number of critical areas to convince investors of its value proposition, according to a new report released by Allianz Global Investors. To read this article:
Protégé Partners Weinberg joins APG Asset Management
(Opalesque) Bailey McCann, Opalesque New York: Michael Weinberg has joined APG Asset Management as Head of Hedge Funds and Alternative Alpha Hedge Fund Investments. APG Asset Management is the investment arm of APG Groep NV, the largest pension provider in […]
Prytania AM adds Grosvenor’s Felton to board
(Opalesque) Prytania Asset Management has announced the appointment of Eric Felton as independent director of the firm, effective April 1 2019. Eric has a wealth of investment experience, most latterly from 13 years as CFO of GCM Grosvenor, one of […]
Cerner Settles With Hedge Fund Starboard: To Add New Directors, Increase Buybacks
(Reuters) Healthcare information company Cerner Corp said on Tuesday it reached a settlement with activist hedge fund Starboard Value LP to add new directors to its board and buy back more of its shares, sending the stock up as much […]
SocGen Is Latest Bank to Shutter Its Commodities Business
(Bloomberg) Add Societe Generale SA to the list of banks and financial institutions to take a big step back from commodities amid a slump in trading profits. The French bank said on Tuesday that it is planning to close its […]
Machine-Learning on The Rise in Financial Services
(Reuters) The use of machine-learning has picked up across the financial services industry, although problems such as data quality continue to dog its progress, a study by Refinitiv has found. In a report, Refinitiv, the financial data provider, said more […]
Hedge Fund Managers Recorded Strongest Q1 Post-Crisis Despite Growth Forecast Cuts
(Opalesque) The Eurekahedge Hedge Fund Index gained 1.00% in March, supported by strength in global equity and bond markets as central banks shy away from tight monetary policies. Optimism over the progress of the US-China trade talk supported both countries’ […]
Game Changing Fund Of Fund Reforms Ahead
(Opalesque) On December 19, 2018, the SEC proposed rescinding most so-called fund of funds (FoF) exemptive orders and Rule 12d1-2 under the Investment Company Act of 1940 (Act) and replacing them with new Rule 12d1-4.1 Some of these reforms may […]