Category Archives: Syndicated
Cruiser Capital targets Ashland directors, including chairman
(Reuters) Cruiser Capital Advisors said on Monday it wants to replace four directors at chemical company Ashland Global Holdings, including the board chairman. The New York-based hedge fund aims to remove Ashland Chief Executive Bill Wulfsohn from his position as […]
Dan Loeb Still Waiting For Those Shorts To Pay Off
(Dealbreaker) Dan Loeb is nothing if not confident. I mean, sure, there are lots of other words that you could use to describe him.. To read this article:
Are Hedge Fund Dollar Store Dreams A Mirage?
(Forbes) How many hedge funds does it take to turn around a dollar store? At least a half dozen and counting when it comes to Family Dollar, which was taken over in mid-2015 after the scion of company founder Leon […]
Hedge Funds That Returned 20% Show All Is Not Lost
(Bloomberg) As the dust settles on a troubled year for hedge funds, some managers escaped the wreckage and even thrived. SoMa Equity Partners, a $1.2 billion long-short equity fund, rose about 20 percent in 2018, according to an investor document […]
Hedge Fund Sylebra’s Bearish Bets Pay Off Amid Tech Rout
(Bloomberg) A technology hedge fund led by a former Coatue Management LLC partner had its bearish bets vindicated last month amid an industry rout that toppled shares of firms from Alibaba Group Holding Ltd. to Amazon.com Inc. Sylebra Capital Management’s […]
‘Don’t stop believin’ in this bull market, PNC says
(CNBC) PNC Financial sees a sustainable relief rally taking shape.According to co-chief investment strategist Amanda Agati, market players who give up on the bull market will get hurt. “It can be very painful to miss out or get too bearish […]
PEGAS closes 2018 with strong spot volumes in December
(Hedgeweek) PEGAS, The pan-European gas trading platform operated by Powernext, has reported another strong month of trading on its spot segment with 95.4 TWh in December 2018. To read this article:
Nasdaq launches US Corporate Bond Exchange
(Hedgeweek) Nasdaq has launched a Corporate Bond exchange for listing and trading of corporate bonds which was approved by the Securities and Exchange Commission (SEC) on 13 November 2018. To read this article:
Hedge fund D.E. Shaw’s flagship fund posts double-digit returns
(Reuters) – Hedge fund D.E. Shaw’s flagship Composite Fund returned 11.2 percent last year, according to a person familiar with the numbers. D.E. Shaw, which oversees roughly $50 billion, is one of a handful of firms to report double digit […]
Sears Preps for Liquidation as ESL Bid Fails
(Fortune)The retailer started laying the groundwork for a liquidation after meetings Friday in which its advisers weighed the merits of a $4.4 billion bid by Lampert’s hedge fund to buy Sears as a going concern. To read this article:
Hedge Funds Dump Crude and Diesel as Economic Outlook Darkens
(Reuters) Hedge funds are cautious on the outlook for oil prices, despite a slump at the end of last year, as fears about the global economy outweigh output cuts by OPEC and its allies. Fund managers cut bullish positions in […]
Bridgewater’s Pure Alpha fund posts nearly 15 percent gain in 2018
(CNBC) Bridgewater, the world’s largest hedge fund, posted returns for 2018 that not only outperformed benchmark indexes for various asset classes, but also many of its peers. The firm’s flagship Pure Alpha fund finished the year returning 14.6 percent net […]