Category Archives: Syndicated
The Bond Market Will Be The Bear That Crushes The Equity Market
(Capital Trading Group) We have said this all along, the FED needs to get short rates above the 10yr rate to stop corps from arbing all the excess liquidity via debt for equity swaps aka share repurchases.The distortion of low […]
Asset Management Industry Launches Diversity Project
(Opalesque) “The Diversity Project,” an initiative focused on increasing diversity within the asset management industry, was launched today in North America by 14 leading financial services firms. NICSA, a non-profit trade association for the global asset management industry, is the […]
Commodities Veteran Leiman Readies Hedge Fund as Sector Recovers
(Bloomberg) Market veteran Ricardo Leiman, who five years ago co-founded the company that became Engelhart CTP, is preparing to launch a new commodities hedge fund that he hopes to build to $1.5 billion. The fund will invest in raw materials […]
Hedge Fund Elliott Paid British Staff £1mn Each Last Year on Average as Revenues Jumped by a Third
(This is Money) Feared hedge fund Elliott paid its British staff an average of £1million each last year, as revenues jumped by a third. The branch had 88 staff and paid a total wage bill of £88.6million. To read this […]
The Most Popular Hedge Fund Stocks Are Getting Hit the Hardest
(Bloomberg) The smart money has been one of the biggest victims in the declines sweeping through equity markets. While the S&P 500 Index fell 1 percent last week, stocks with the highest hedge fund or exchanged-traded fund ownership posted losses […]
Jason Karp to shut hedge fund Tourbillon, focus on health and wellness
(Reuters) – Hedge fund Tourbillon Capital Partners is shutting down after several years of poor returns, making it the third well-known fund to announce plans to close its doors within a week. To read this article:
Unfazed by record short U.S. bonds position, hedge funds gun for 3.50 percent
(Reuters) – Hedge funds may have trimmed their record bet against U.S. Treasuries, as the latest data show, but the 10-year yield’s spike to fresh multi-year highs in the days since suggests that short position will now be even greater. […]
Brent falls as fund managers take profits after rally:
(Reuters) – Hedge fund managers started to take some profits after the strong rally in crude oil prices, even before details emerged last week of output increases from Saudi Arabia and sanctions waivers by the United States. To read this […]
Gulati’s Antara Capital Launches with Blackstone Money
(Reuters) Hedge fund manager Himanshu Gulati, who received startup capital from Blackstone Group LP, launched Antara Capital Partners this week with roughly $200 million in assets, people familiar with the matter said on Friday. The New York-based firm will focus […]
Hedge Funds Post Worst Third-Quarter Performance in Three Years
(Bloomberg) Hedge funds had their worst third quarter since 2015, rising just 0.3 percent on average amid surging bond yields and a trade war with China. The industry gained 1.7 percent during the first three quarters of 2018, on an […]
Greenlight Comment Adds to Tesla Losses From Musk Mocking SEC
(Reuters) Shares of Tesla Inc (TSLA.O) fell 7 percent on Friday, as David Einhorn’s hedge fund Greenlight Capital slammed the electric carmaker the day after Tesla CEO Elon Musk mocked the U.S. Securities and Exchange Commission on Twitter.The sell-off started […]
Vivendi Reaffirms Support For TIM CEO, Decries ‘Rumor Campaign’
(Reuters) Top shareholder Vivendi (VIV.PA) reaffirmed its support for Telecom Italia’s (TIM) (TLIT.MI) Chief Executive Amos Genish, while accusing activist fund Elliott of running a “rumor campaign” to discredit him.The French media group, which owns 24 percent of TIM, has […]