Category Archives: Syndicated
State Street Quarterly Brexometer Index reveals latest investor sentiment towards Brexit
(Hedgeweek) After a slightly more muted response from investors in Q4 2018, investor appetite for holdings of UK assets has polarised during Q1 2019, with an increase in both the number of those looking to increase and decrease their exposure. […]
Mutual funds start to put their mouth where their money is
(Reuters) – Corporate America’s biggest shareholders have traditionally been content with sharing their views on a company’s strategy privately with management.But now some mutual funds are beginning to rethink their stance, amid pressure from investors for them to justify the […]
A $1.5 Billion Hedge Fund Comeback Is Europe’s Biggest this Year
(Bloomberg) Martin Taylor, the money manager who shut down Nevsky Capital three years ago, plans to make his comeback hedge fund Europe’s biggest startup in 2019.Taylor is in talks with investors to raise $1.5 billion for Crake Asset Management, which […]
Billionaire Says Amazon Exit Dampened Interest in Moving Hedge Fund to NYC
(Crain’s New York Business) Billionaire Ken Griffin said he’s less likely to move Citadel’s headquarters to New York City in the wake of Amazon’s decision to abandon plans to expand into Queens.“Amazon opting out of New York is heartbreaking,” Griffin […]
Deutsche Bank’s Prized Hedge Fund Unit in Downward Spiral
(Bloomberg)A once-lucrative business within Deutsche Bank AG catering to hedge funds is on its way to becoming yet another casualty of the German lender’s chronic turmoil.The German firm’s revenue from prime services declined for a third straight year in 2018, […]
Gulati’s Hedge Fund Becomes Victim of Too-Calm Markets
(Bloomberg)The lack of market volatility — or swings in the prices of securities — has claimed one of its most high-profile victims. Argentiere Capital is returning capital to investors from its flagship $940 million hedge fund after years of unsuccessful […]
Goldman Lays Off Dozens of Traders
(New York Post) A dreaded bloodbath at Goldman Sachs under the bank’s new boss has finally begun.The Wall Street powerhouse — whose new chief executive, David Solomon, took the reins from Lloyd Blankfein last October — laid off 65 employees […]
Congressional Democrats Target Private Equity Tax Break
(Bloomberg) Democrats are beginning to flex their legislative muscle over ending a popular tax break used by private equity and hedge fund managers that is nearly universally despised in the party. Senator Tammy Baldwin of Wisconsin and Representative Bill Pascrell […]
Cohn Says U.S. Is ‘Desperate’ to Sign Trade Agreement with China
(Bloomberg) Gary Cohn, the former head of President Donald Trump’s National Economic Council, said the U.S. is “desperate right now” for a trade pact with China as negotiators from both countries seek to reach a deal. “The president needs a […]
South Korea’s Pension Fund Backs Hyundai in Blow to Elliott
(Reuters) South Korea’s National Pension Service said on Thursday it would vote for proposals made by Hyundai Motor and Hyundai Mobis, dealing a major blow to U.S. hedge fund Elliott Management. Elliott Management is calling for 7 trillion won ($6.2 […]
Marc de Kloe to Join Hedge Fund Specialist Theta Capital Management
(Opalesque) Theta Capital Management, the oldest and largest independent hedge fund specialist in the Netherlands, continues to add to its strengths, as Marc de Kloe joins as a Partner. Marc’s role at Theta will be to further develop Theta’s offering […]
Billionaire Trio Unites With Brookfield’s Purchase of Oaktree
(Bloomberg) Brookfield Asset Management is poised to create a $475 billion investing behemoth with its deal to buy a majority of Oaktree Capital, and some of Wall Street’s richest executives are joining forces as a result. Oaktree co-founder Howard Marks […]