Category Archives: Syndicated
Hedge Fund Industry’s Big Guns Misfired in November
Hedge Fund Industry’s Big Guns Misfired in November Financial Times posted on Thu 6 Dec 2018 Permalink Print Some of the hedge fund industry’s biggest names, including Millennium Management and Steve Cohen’s Point72 Asset Management, suffered sharp losses in November, […]
Campbell Lutyens opens Charlotte office
(Opalesque) Campbell Lutyens, a global private capital advisor, has opened an office in Charlotte, N.C. This is the firm’s fourth office in the US, and supports the continued growth of its fund placement and secondaries advisory business in North America. […]
Former Soros Manager to Run Schroders Liquid Hedge Fund
(Portfolio Adviser) Schroders has added to its range of liquid hedge funds with the launch of a fund managed by former Soros Fund Management employee, Robert Donald. The Schroder Gaia Helix fund is a daily-dealing Ucits vehicle containing long/short and […]
It’s the Worst Time to Make Money in Markets Since 1972
(Bloomberg) Market statisticians are falling over each other in 2018 to describe the pain being felt across asset classes. One venerable shop frames it this way: Things haven’t been this bad since Richard Nixon’s presidency. Ned Davis Research puts markets […]
The Yield Curve Is Trying to Tell Us Something
(Bloomberg) Brace yourselves everybody, a recession is coming! Sometime in the next, uh, two years. Or less. Or more. Earlier this week, interest rates on 3-year Treasury notes turned higher than 5-year rates for the first time since the dawn […]
PEGAS reports record-breaking month on TTF in November
(Hedgeweek) PEGAS, the pan-European gas trading platform operated by Powernext, reported its best monthly volume in 2018 with 193.3 TWh traded in November. Once again, the spot segment posted a strong activity with 103.9 TWh, including the highest traded volume […]
Nestle says L’Oreal stake is ‘active on the board’s agenda
(Reuters) – Nestle (NESN.S) Chairman Paul Bulcke said the food giant’s stake in French cosmetics firm L’Oreal (OREP.PA) was “something active on the board’s agenda” in an interview with the Financial Times published on Monday that could trigger a fresh […]
Volatility Is Only Making Matters Worse for Hedge Funds
(Bloomberg) This was meant to be Deepak Gulati’s moment. The hedge fund manager has been waiting for the return of market volatility to help him recover losses after years of calm markets hurt his $955 million firm. Yet even with […]
Hedge Funds Should Fear Market Whimpers, Not Bangs
(Bloomberg) This year is ending with something of a bang as the on-again-off-again trade war sends ripples through global stock indexes. There’s a growing risk, though, that financial markets will end up whimpering through 2019 as a slowing global economy […]
Balyasny Cuts 125 People as Hedge Fund Bleeds Assets
(Bloomberg) Dmitry Balyasny is cutting at least 125 people from his hedge fund firm, about one-fifth of the total, as losses and client withdrawals erased $4 billion in assets. The firm eliminated 13 stock teams, accounting for about 40 investment […]
Sterling Jumps After EU Court Adviser Says Britain Can End Brexit Unilaterally
(Reuters) Sterling jumped on Tuesday after the European Court of Justice’s advocate general said Britain has the right to unilaterally withdraw its notice that it is leaving the European Union.The advocate general’s advice is non-binding but the prospect of a […]
Northern Trust acquires forex software solutions provider BEx
(Hedgeweek) Northern Trust is to acquire BEx, a provider of foreign exchange (FX) software solutions, to drive innovation and growth in its Global Foreign Exchange business. To read this article: