Category Archives: Syndicated
David Tepper says he’s buying stocks after market’s worst week in a decade
(CNBC) Hedge fund manager David Tepper said Monday he is buying some stocks after the markets had their worst week in a decade. It’s still a tough market, and investors have to be careful about their exposures, he told CNBC’s […]
Hedge fund redemptions slide to USD20.7bn in October as markets sink worldwide
(Hedgeweek) Hedge fund redemptions slowed in October after spiking to a five-year high the month before, according to the Barclay Fund Flow Indicator, published by BarclayHedge. To read this article:
Hedge fund manager CQS hire former LSE chief Xavier Rolet as new CEO
(City A.M) Hedge fund management firm CQS has appointed former London Stock Exchange chief Xavier Rolet as its new CEO….Rolet, 59, will begin his new role at CQS in the new year, allowing the company’s founder Sir Michael Hintze, 65, […]
US futures point to even more losses at the open, Dow implied to drop 200 points
(CNBC) U.S. stock futures pointed to a negative Wednesday morning in the wake of Wall Street’s steep fall on Monday. On Tuesday evening stateside, Dow Jones Industrial Average futures were reasonably volatile, but, as of 9:45 p.m. ET, implied an […]
Stocks Hit 20-Month Low as D.C. Turmoil Weighs
(Bloomberg) U.S. stocks fell to the lowest since April 2017 as the turmoil in Washington rattled financial markets anew, pushing the S&P 500 to the brink of a bear market. Crude sank below $45 a barrel and the dollar tumbled. […]
Global Chaos Makes Gold a Holiday Winner for Hedge Funds
(Bloomberg) Forget frankincense or myrrh — chaos in global markets makes gold the holiday asset hedge funds are getting behind. Money managers are the most bullish they’ve been on bullion in half a year amid a multitude of threats that […]
Macro Hedge Funds Facing Worst Year Since 2011, as Promise Turns to Pain
(Reuters) Macro funds, which tend to trade currencies and bonds off global macro-economic trends, were wrongfooted — like almost everyone else – by the world economy, which kicked off the year in robust fashion only to lose momentum. Even the […]
For Hedge Funds, 2019 Offers Risks and Rewards on Fannie-Freddie
(Bloomberg) For hedge funds that have been hoping the Trump administration would deliver a windfall on their investments in Fannie Mae and Freddie Mac, 2019 could be a make-or-break year.There are reasons for cautious optimism after years of heartbreak. To […]
Hedge Fund Manager CQS Appoints Ex-LSE Boss Rolet as Chief Executive
(Reuters)Xavier Rolet, former boss of the London Stock Exchange, is set to join London-based hedge fund manager CQS as chief executive next month, the company said on Friday. Rolet will join the credit-focused fund on Jan. 14, subject to regulatory […]
Trump threatens ‘very long’ U.S. government shutdown
(Reuters) U.S. President Donald Trump on Friday threatened a “very long” government shutdown just hours ahead of a midnight deadline, calling on the Senate to pass spending legislation that includes his $5 billion demand for border wall funding and seeking […]
Illinois Pension Official Who Jettisoned Hedge Funds Plans to Resign
(Chicago Business) A former Illinois pension board chairman who successfully sought to have an $18 billion state pension fund eliminate hedge fund investments plans to resign soon. Former Illinois State Board of Investment Chairman Marc Levine, who led a pension […]
Barclay CTA Index Ekes Out 0.01% Gain in November
(Opalesque)Opalesque Industry Update: The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, now a division of Backstop Solutions, indicates a small profit of 0.01% in November. Year to date, the Index is down 3.00%. “Although the November return […]