Category Archives: Syndicated
Wounded Hedge Fund Titan Crispin Odey Isn’t Celebrating His Roaring Comeback
(Bloomberg) Considering he just pulled off a stunning turnaround, Crispin Odey sounded unusually restrained. His main fund gained 53 percent last year as his predictions of doom finally panned out and global equity markets plunged into chaos. To read this […]
Hedge Fund Use of Private Exit Polls Attracts City Watchdog
(The Guardian) The City watchdog is considering fresh guidelines around the sale of private polling data to hedge funds looking to profit from major political events such as Brexit. To read this article:
Investors grow wary as market risks rise
(Opalesque) Bailey McCann, Opalesque New York: Hedge fund investors are growing more concerned over slower economic growth in the year ahead, according to the results of a survey published today by BarclayHedge and Markov Processes International (MPI). To read this […]
A Larry Fink Protege Ascends as BlackRock Grapples With Growth
(Bloomberg) Mark Wiedman arrived at BlackRock Inc. 15 years ago a newcomer to the asset management industry. From his start in an advisory arm of the company, Wiedman ascended to lead one of its most valuable businesses: the exchange-traded funds […]
JPMorgan to Boost Bonus Pool for Stock Traders, Bankers
(Bloomberg) JPMorgan Chase & Co. plans to increase annual bonuses at its corporate and investment bank, as a growing number of Wall Street firms share proceeds from a busy year, according to a person briefed on the decision. Average percentage […]
Morgan Stanley says Investors should ’embrace’ a recession and watch for retest of market lows
(CNBC) Morgan Stanley equity strategists believe the stock market priced in an earnings recession when it plunged to December’s low, and it is very likely to retest that level. But the strategists, led by Mike Wilson, also say in a […]
Gannett gets hostile bid from hedge fund-backed MNG
(Reuters) – Newspaper chain MNG Enterprises Inc (MNGE.PK), controlled by secretive hedge fund Alden Global Capital LLC, on Monday offered to buy Gannett Co Inc (GCI.N) in a $1.36 billion deal to add the USA Today and scores of other […]
Alternative asset managers bullish on 2019 fund rising environment
(Opalesque) Fundraising should remain strong in 2019 as investors seeking higher yields in a low-interest-rate environment are broadly interested in the space, Fitch Ratings reported. However, alternative asset managers are seeing rising levels of uninvested capital as realizations and investment […]
Canterbury Consulting rolls out fund of hedge funds with EnTrustPermal
(Opalesque) The investment advisory firm Canterbury Consulting, which oversees more than $18.3bn, is setting up a fund of hedge funds for its clients. The consultant announced in a press release that it is working with New York-based hedge fund and […]
iM Global Partner adds deputy CEO and Head of International Business
(Hedgeweek) Jose Castellano has joined iM Global Partner as deputy CEO and Head of International Business Development. To read this article:
Wilshire Liquid Alternative Index down 1.59 per cent in December
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -1.59 per cent in December, outperforming the -1.93 per cent monthly return of the HFRX Global Hedge Fund Index. […]
Hedge Fund wants to buy Sears Brands
(New York Post) The head of a sizable hedge fund is eyeing bringing the Kenmore and DieHard brands out of the Sears bankruptcy— but it is not clear if he can pry them away from company honcho Eddie Lampert, The […]