Category Archives: Syndicated
Star UK investor bullish after bruising AIM sell-off
(Citywire) Star UK stock picker James Baker believes Alternative Investment Market stocks now represent ‘compelling value’ after last week’s sell-off sent the UK’s junior market, and his fund, tumbling….Baker’s £296 million Chelverton UK Equity Growth + fund has more than […]
SEC Charges Lawyer and Her Husband in EB-5 Fraud
(HedgeCo.Net) The Securities and Exchange Commission has charged a California-based immigration attorney and her husband in a fraudulent scheme that generated millions of dollars of undisclosed compensation from foreign investors seeking permanent U.S. residency through the EB-5 Immigrant Investor Program. […]
SEC Flexes Muscle Over Cross Trades in Fining, Suspending Ex-Putnam Manager
(Reuters) It’s the second enforcement case in two months involving the risky practice of cross trading, Putnam Investment Management, LLC and one of its former portfolio managers have settled Securities and Exchange Commission (SEC) charges related to “dozens of prearranged […]
Time to look under the hood of your Alternatives
(Harvest) In last week´s TETF index update, we discussed the Dow Jones Industrial Average (DOW) hitting all-time highs and FAANG (Facebook, Amazon Apple, Netflix, and Alphabet – formerly Google) stocks continuing to soar. What a difference one week makes! We […]
Fidelity launches new cryptocurrency trading platform
(Hedgeweek) Fidelity Investments has launched a new company, Fidelity Digital Asset Services, which will offer enterprise-quality custody and trade execution services for digital assets (cryptocurrencies) to sophisticated institutional investors such as hedge funds, family offices and market intermediaries. To read […]
Barclay Hedge Fund Index down 0.02 per cent in September
(Hedgeweek) Hedge Funds slipped 0.02 per cent in September according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.57 per cent increase in the S&P 500 Total Return Index. To read this article:
Second activist targets Canadian miner Detour, seeks board changes
(Reuters) – U.S. hedge fund Livermore Partners has called for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company. To read this article:
Jupiter Expands Liquid Alternatives Business with US Equity Long Short Fund Launch
(Hedgeweek) Jupiter has launched the Jupiter US Equity Long Short fund, a sub-fund of the Jupiter Global Fund SICAV which is managed by Darren Starr, an experienced hedge fund manager who joined Jupiter’s growing liquid alternatives business in April this […]
FCA proposes climate risk reporting duty for asset managers
(IPE)The UK’s financial services regulator is considering whether to require asset managers and other financial services firms to report publicly on how they manage climate risks. Noting the work done by the Financial Stability Board’s Taskforce on Climate-related Financial Disclosures […]
Blackrock Multi-Asset Fund Increases Exposure to Short-Dated U.S Treasuries
(Reuters) BlackRock’s Global Multi-Asset Income Fund has increased exposure to short-dated U.S. government bonds as a hedge against heightened volatility, portfolio manager Michael Fredericks said on Monday. Fredericks, who oversees over 27 billion euros in assets under management, said in […]
Hedge Funds at the ‘Core’ of Stock Slump May Be Done Offloading
(Bloomberg) One quantum of solace for bruised stock bulls: Some of the usual suspects behind last week’s rout may be done frightening markets. Equity long-short hedge funds are among the worst-performing categories this month, along with risk-parity investors and balanced […]
Why Hedge Funds Will Stick With Ever-Risky Short Volatility Trades
(Bloomberg) It’s a familiar spectacle on Wall Street: the short-volatility complex takes a beating — and prophets of doom warn money managers the strategy is running out of steam. But the trade isn’t going to be pounded into submission, even […]