Category Archives: Syndicated
At Hedge Fund that Owns Trump Secrets, Clashes and Odd Math
(Bloomberg) The threat was blunt: Back off, or there will be trouble. The 2016 presidential campaign had just ended, and Michael Cohen was fresh off handling hush money for Donald Trump. Now he was working on behalf of Chatham Asset […]
Hedge Funds Quietly Buying Visa Stock – Here’s Why
(Seeking Alpha) Renaissance Technologies purchased 1.7 million shares of Visa stock last quarter. Other hedge fund managers, including Ken Griffin, Israel Englander, and Cliff Asness, have also built positions in the stock. Visa shares offer a lot of upside due […]
Breaking Down Hedge Fund Pay in New York and London. And Male vs. Female
(eFinancial Careers) Among the biggest misconceptions about hedge funds is that everyone takes home massive seven-figure paychecks. The fact is, less than 10% earn more than $1 million annually. That said, reaching the upper ranks at a profitable hedge fund […]
Hedge Funds Face Wide Risk on Phishing, False Wire Payments
(Fundfire) In this exclusive interview with FundFire, Vinod Paul, Chief Operating Officer of Align, and John Araneo, Managing Director, Align Cybersecurity, and General Counsel of Align, discuss the most significant cloud trend occurring in the investment industry today, as well […]
Change in Catella AB’s Group Management
(Cision) Johan Nordenfalk, Chief Operating Officer (COO), will leave his employment and thereby Catella’s Group management for engagement outside of the company.”I would like to thank Johan for his long time and valuable efforts at Catella during the process of […]
Ex-Citadel Quants Are Gunning for the $3.8 Trillion Muni Market
(Bloomberg) The quants are coming for the $3.8 trillion municipal market. Headlands Tech Global Markets LLC, a firm founded by former senior executives at Citadel LLC, is using complex mathematical formulas and powerful computers to buy and sell state and […]
Asian Hedge Funds Will Drive Investor Demand in 2019
(Opalesque) Asian hedge funds, specifically China equity long short as well as distressed strategies, and distressed debt strategies will drive investor demand in 2019, revealed a survey. According to an annual survey of 425 allocators conducted by Deutsche Bank’s hedge […]
Hedge Fund Veteran Says $130 Billion Bond May Just Fix Venezuela
(Bloomberg) Venezuela watchers have floated plenty of ideas for fixing the economic and humanitarian crisis, from a bitcoin drop to an oil-for-food plan, but the idea of wrapping all the nation’s debt into one giant bond issuance is perhaps the […]
Hedge Funds Snap Back +4.55% after a Hard-Hearted 2018
(Opalesque) In the week ending March 15th 2019, a report revealed that the first two months of 2019 offered up the hedge funds industry’s best returns to start a year since 2012, when average returns were at +5.78% through February […]
Elliott Continues Push for EDP to Sell Brazil Stake
(Bloomberg) Elliott Management Corp. plans to continue pushing EDP-Energias de Portugal SA to sell its Brazilian assets, contending that’s the best way for the utility to unlock value for shareholders, according to people familiar with the matter. EDP announced last […]
Now Morgan Stanley’s European Cap Intro Head Left for a Hedge Fund
(eFinancial Careers) With 2018 bonuses banked, it seems various people have decided now is the time to leave banking for a hedge fund. It’s not just Goldman Sachs that’s losing staff to the buy-side Morgan Stanley insiders say that Barbara […]
Man Group CIO Says Managers Are Being Led ‘Kicking and Screaming’ into Quant Era
(Bloomberg) The asset management industry is “kicking and screaming” as it’s forced to adapt to quantitative trading, while managers who ignore it face irrelevance, said Sandy Rattray, chief investment officer at Man Group Plc. Rattray, speaking at the AI and […]