Category Archives: Syndicated
October’s Hedge Fund Haunting Leaves Big Names With Losses
(Reuters) October was humbling for many hedge funds, including some of the $3.2 trillion industry’s biggest names, as sinking stock markets took a bite out of returns and could pave the way for more redemptions in the next months. To […]
Leawood Hedge Fund Named As One Of The Nation’s Best
(Bizjournal) The flagship fund for Leawood-based Cognios Capital LLC was named as one of the best hedge fund strategies in the nation in 2018. Launched Dec. 31, 2011, and opened to the public in early 2013, the Cognios Market Neutral […]
Goldman Sachs’ ex-head of EM trading to join Millennium in early 2019
(eFinancial) Remember Uberto Palomba? He’s the ex-Goldman Sachs managing director and former head of EMEA emerging market trading who spent three years at hedge fund Citadel before leaving in March 2018. He’s planning a comeback. Sources say Palomba is joining […]
GAM Rebuffs Schroders Approach For Hedge Fund Unit
(Financial Times) Schroders has approached embattled Swiss investment group GAM over a potential acquisition of its Systematic division that houses the Cantab quantitative hedge fund. However, GAM has rebuffed the approach, concerned that selling one of its prized assets would […]
Hedge funds overly optimistic on risk, SocGen finds
(Zilliuns) Shifts in hedge fund positions are watched by other institutional investors as important short-term directional market signals, particularly when the outlook for an asset class is unclear. Société Générale, the French investment bank, has for the first time combined […]
Activist Investor Icahn Sues Dell Over Ipo Plans
(Reuters) Activist investor Carl Icahn sued Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock (DVMT.N). To read this article:
North American Hedge Fund Count Is Stagnating; Here’s Why
(Valuewalk) North American hedge funds snapped their winning streak in September, shifting into the red after a strong first eight months of the year. Interestingly, the funds’ performance ran counter to the S&P 500, which ended the third quarter with […]
Cobalt appoints global head of sales and business development
(Hedgeweek) Cobalt, a foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has appointed FX specialist Anoushka Rayner as global head of sales and business development. To read this article:
Opalesque Roundup: Hedge funds to grow slower than other alternative asset classes next five years: hedge fund news, week 44 In the week ending October 2nd 2018, a Preqin survey said that hedge funds will grow by 31%, rising from…
(Opalesque) In the week ending October 2nd 2018, a Preqin survey said that hedge funds will grow by 31%, rising from $3.6 tn as at December 2017 to $4.7tn within the next five years as alternative investment assets would increase […]
Paul Tudor Jones: Rising rates typically cause bear markets, but it’s not at the tipping point yet
(CNBC) Hedge fund billionaire Paul Tudor Jones knows that the stock market is facing a reckoning as the Federal Reserve continues its cycle of raising interest rates to combat inflation. “Obviously, what typically starts bear markets is interest rates get […]
Blackstone invests in financial technology platform for alternative investments iCapital Network inShare
(Opalesque) U.S.’s largest alternative investment firm Blackstone is investing in iCapital Network, which provides platform to connect investors and advisers to alternative investment products. The financial behemoth joins UBS, Morgan Stanley, BlackRock, BNY Mellon and Credit Suisse as investors in […]
Activist hedge fund manager studied this troubled stock for a year before finally buying a big stake
(CNBBC) Douglas Braunstein, founder and managing partner of Hudson Executive Capital and J.P. Morgan’s former CFO, said in an interview that the firm has taken on the stake over the last few months after studying the stock for a year. […]