Category Archives: Syndicated
Former BlackRock Exec Gets $200 Million Backing From Blackstone
(Bloomberg) A hedge fund startup run by Michael Phelps, a former head of European credit at BlackRock Inc., has attracted a $200 million investment from Blackstone Group LP, according to a person with knowledge of the matter. That puts Phelps’s […]
U.S. Hedge Fund Hound Partners Discloses 5 Percent Stake In UK’s Metro Bank
(Reuters) U.S. hedge fund Hound Partners disclosed a 5.05 percent stake in British lender Metro Bank Plc, a filing showed on Friday. The stake would make Hound Partners Metro Bank’s sixth biggest investor, according to Refinitiv Eikon data. To read […]
Apollo nears $3 billion deal to buy Cox TV stations
(CNBC) Apollo Global Management LLC is nearing a roughly $3 billion agreement to acquire Cox’s TV stations, the biggest in a series of deals the private equity firm is lining up to become a force in U.S. broadcasting, according to […]
Why Energy Still Looks Cheap
(Harvest) The S&P 500 Index rose roughly 8% in January, the best start to a year since 1987. Despite the magnitude of the rally, the S&P 500 Energy Sector has outperformed by more than 5%. As impressive as the gains […]
Understanding the Brexit Quandary
(Harvest) How should an investor position for Brexit? As the end-March deadline approaches for the U.K. to leave the European Union with or without a “withdrawal agreement,” markets have been increasingly on edge. There doesn’t seem to be any way […]
The Hedge-Fund Bond Trade That Keeps on Giving
(Bloomberg) The “gentlemen of the spread” are about to smell blood in Italy’s bond markets again…. To read this article:
Hedge Funds Gained 2.9% In January
(Opalesque) In the week ending February 8th 2019, Bloomberg revealed that six out of seven strategies tracked by the firm have advanced. Hedge funds gained 2.9% in January, the first positive return since July, as the rally in stocks offered […]
A Big U.S. Fund Is Ready to Nibble, Not Bite, on Chinese Bonds
(Bloomberg) As China’s domestic bonds head for imminent inclusion in a benchmark global index, one large U.S. fund manager is taking a cautious approach. “My guess is that we will buy some once we get the settlement capabilities, but it’s […]
Dow falls amid lingering fears over US-China trade and global growth
(CNBC) The Dow Jones Industrial Average fell on Friday as market participants continued to worry about ongoing U.S.-China trade negotiations as well as slowing economic growth. The 30-stock index fell 63.20 points to 25,106.33, notching its first three-day losing streak […]
Hedge Funds Post First Monthly Gains Since July
(Bloomberg) Hedge funds gained 2.9 percent in January, the first positive return since July, as the rally in stocks offered managers some relief.Six out of seven strategies made money, according to preliminary figures from the Bloomberg Hedge Fund Database. Event-driven […]
Hedge Fund Founder Jeff Tannenbaum’s Next Act Will Be Green
(Bloomberg) Jeff Tannenbaum made his fortune through investing; now he’s investing that fortune. He’s chairman emeritus at New York-based Fir Tree Capital Management LP, the hedge fund he founded in 1994, though he began handing over investment responsibilities in the […]
Hedge Fund Takes on U.K. and Its Banks
(Bloomberg) A U.S. hedge fund is taking on the British government and major banks in protest at the pain inflicted on ordinary shareholders in the latest rescue of a troubled U.K. construction company. It is picking a tough battle, but […]