Category Archives: Syndicated
Hedge Funds to Buy Sunken Titanic Relics for $19.5 Million
(Bloomberg) A company that owns 5,500 relics from the sunken luxury liner R.M.S. Titanic will sell the collection to a group of hedge funds for $19.5 million after an auction for the artifacts was canceled. The offer from the group […]
Mitek Rebuffs Elliott-backed ASG’s Takeover Approach
(Reuters) Mitek Systems Inc, a U.S. provider of financial technology to banks, has rejected a takeover approach from hedge fund Elliott Management Corp’s software company ASG Technologies, people familiar with the matter said on Wednesday. ASG Technologies’ bid comes at […]
S&P long way from 200-day MA
(The Technical Analyst) Andy Dodd, Head of Technical Research at Louis Capital Markets, warns that a break below 2878.5 for the S&P 500 could be significant. He thinks that downward momentum would increase on a closing break through 2878.5 as […]
Value and Growth Stocks: The Case for Being Overweight in Both
(Harvest) Should investors be overweight to both growth and value? Is it even possible? The stock market is at an interesting point today, currently enjoying one of its longest expansions on record. As history has all-too well demonstrated, though, the […]
Lampert won’t bailout Sears this time
(Fox Business) The hedge-fund manager who controls Sears Holdings, has repeatedly bailed out the struggling retailer with short-term loans. Not anymore. To read this article:
David Tepper’s Panthers Deal Cuts His Hedge Fund Assets to $14.8 Billion
(Bloomberg) Appaloosa LP’s assets under management declined almost 20 percent since late January as founder David Tepper withdrew some of his personal wealth to acquire the Carolina Panthers for $2.3 billion. The billionaire’s firm also disclosed in a September filing […]
CFTC to streamline regs for commodity pool operators and commodity trading advisers
(Hedgeweek) The Commodity Futures Trading Commission (CFTC) has unanimously approved proposed rules as a part of its KISS Initiative to simplify regulations for commodity pool operators (CPOs) and commodity trading advisors (CTAs). To read this article:
New AIMA research provides road map to $1bn AUM for emerging hedge fund managers
(Hedgeweek) New research now offers a unique road map for all emerging and start-up hedge fund managers as they make their way to USD1 billion AUM. This has been achieved by analysing the path to growth and crucial insights of […]
Hedge funds step up to lead shareholder suit against Tesla:
(Daily Mail) A pair of offshore hedge funds that claim to have lost more than $15 million to cover short positions in Tesla have asked for court approval to lead consolidated private securities fraud litigation against the carmaker. The Tempus […]
Hedge Funds Eke Out Positive Return For Year so Far, HFRI Reports
(Pension & Investments) Hedge fund industry performance was up nearly 1.5% three-quarters of the way through the year, data from Hedge Fund Research Inc. showed.The HFRI Fund Weighted Composite index returned 1.45% in the nine months ended Sept. 30, while […]
Bill Ackman Has Taken a $900 Million Position in Starbucks
(Bloomberg) Bill Ackman, announcing a $900 million stake in Starbucks Corp. Tuesday, said he believes the coffee chain giant’s shares can more than double over the next three years. That’s because its troubles are surmountable and it has tremendous growth […]
Hedge funds in the red as Asian managers post 4th consecutive month of losses
(Hedgeweek) The Eurekahedge Hedge Fund Index ended September down 0.05 per cent, trailing behind the MSCI AC World Index (Local) which gained 0.07 per cent over the course of the month. North American hedge fund managers broke their winning streak […]