Category Archives: Syndicated
Volatility’s a Friend for Asian Hedge Fund Bucking Market Trend
(Bloomberg) One hedge fund in Asia is making the most of volatile markets, extending gains this year to 24 percent as stocks in many geographies tumble. True Partner Fund returned 4.8 percent last month, according to its latest newsletter. Driving […]
Hedge Fund Says Pick Anything But the Real to Benefit From Brazil’s Rally
(Bloomberg) Investors looking to jump into one of the world’s best performing markets should put their money into Brazil stocks or local rates and stay far away from the currency, according to one of the best performing funds in the […]
Citron’s Left Makes U-turn and Now Sees Value in China
(Reuters) Andrew Left, whose Citron Research has published critical reports on Chinese companies and profited when their shares dropped, is now making a contrarian call by going long on some.“There is value in China,” Left told the Reuters Global Investment […]
3.25% is key for US 10 Year
(The Technical Analyst) A potential double top in US yields is forming, says Tony Sycamore, Director of Australia-based TECHFX TRADERS. Looking at a Chart of US 10 year interest rates, Sycamore says a potential double top is forming at 3.25% […]
Ray Dalio Says ‘Capitalism Not Working’ for Most People
(Barrons) Billionaire hedge fund founder Ray Dalio may not be the first person you would think of as a crusader against capitalism. But at the Summit conference in Los Angeles last week, he questioned the current US economic system. “Capitalism […]
Former Deutsche Trader Makes Quick Exit From Hedge Fund Eisler
(Financial News) A former senior trader at Deutsche Bank who followed his boss to Eisler Capital earlier this year has left the $2.6bn hedge fund after just five months. Kal El-Wahab, a foreign exchange and rates trader, plans to leave […]
Funds Keep Dumping Blocks of GE Shares at an Exceedingly Rapid Pace
(Bloomberg) Of the 12 largest blocks in S&P 500 Index companies today, nine of them were attributed to GE (when stripping out the market-on-open auctions). Collectively, these trades come out to around 24.3 million shares and equate to a total […]
Malaysian Official Asks Goldman For $600m Fraud Refund
(New York Post) Goldman Sachs’ Malaysia problem keeps getting stickier….Shares of the Wall Street powerhouse got clobbered on Monday after a top Malaysian official claimed the bank owed the country a “full refund” of $600 million for its role in […]
Meet the Robot Who Knows How to Trade Bonds Better Than You Do
(Bloomberg) The robots have just got a step closer to managing your money….AllianceBernstein Holding LP upgraded its virtual assistant Abbie so she can now suggest the best bonds to buy and sell based on pricing, ease-of-trading and risk. Unlike any […]
Hedge-fund Heavyweight Fears Trump Knocks On Fed Eroding Faith In Dollar
(MarketWatch) ‘The concept that our central bank is independent from partisan politics is extraordinarily important to the stature of our currency in global markets and to the faith and confidence people have in the value of the dollar both domestically […]
Steve Cohen Raises $5bn from Outside Investors
(Financial Times) Steve Cohen, the legendary hedge fund investor, says he has raised about $5bn from investors since opening his family office to outside money earlier this year. “It was actually not hard,” Mr Cohen told a sold-out audience at […]
New Crypto Hedge Fund Says Don’t Be Fooled by Digital Asset Rout
(Bloomberg) The collapse in digital asset values this year is obscuring the growing use of cryptocurrencies among consumers and investors. That’s the view of the four founders of Circuit Capital, a new cryptocurrency hedge fund based in San Francisco and […]