Category Archives: Syndicated
Hedge fund Olympic Peak plans to short AT&T bonds
(Reuters) – U.S. hedge fund Olympic Peak Management’s founding partner said on Wednesday he planned to short AT&T’s debt when the fund launches in January, citing increasing competition and high leverage that may ultimately lead to a credit ratings downgrade. […]
Activist Hedge Fund Sees ‘Real Potential Upside’ in Papa John’s
(Bloomberg) While others are running for the door, Legion Partners Asset Management LLC sees an opportunity at scandal-plagued Papa John’s International Inc. To read this article:
Franklin Templeton Investments Appoints Shane Clifford as Senior Managing Director, Alternative Strategies
(Opalesque) Franklin Templeton Investments announced the appointment of Shane Clifford as senior managing director, Alternative Strategies. In this new role, Clifford will focus on the global growth strategy and business development for Franklin Templeton’s Alternatives business. Clifford will report to […]
Here’s how Tesla’s Elon Musk got a worse deal than the SEC first offered
(Marketwatch) Elon Musk tried to play hardball with the SEC, but caved and ended up with a worse deal than he was originally offered, according to a new report detailing last week’s drama that ended Saturday with the settlement of […]
Hedge Funds Burned by Short Trade as America’s Malls Refuse to Die
(Bloomberg) For traders betting on the death of America’s malls, being right and making money are proving to be two very different things. Reminiscent of Michael Burry of “The Big Short” fame, these hedge funds have piled into a trade […]
Blackstone-led consortium completes deal with Thomson Reuters for Financial & Risk Business
(Hedgeweek) Private equity funds managed by Blackstone – together with Canada Pension Plan Investment Board (CPPIB) and GIC – have completed the previously announced partnership transaction with Thomson Reuters for Thomson Reuters’ Financial & Risk (F&R) business. To read this […]
Ex-Citadel Natural Gas Investor Opens New Hedge Fund
(Reuters) An investor who previously helped oversee U.S. natural gas trading at Citadel has set up his own hedge fund, a person familiar with the plans said on Monday. Ron Ozer, who worked as a portfolio manager and co-head of […]
Hedge Funds Doubt Saudi Arabia Will Replace Iranian Oil
(Reuters) Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the market when U.S. sanctions on Iran go into effect fully from November. Hedge funds and other money […]
Einhorn’s Worst Year Ever: Greenlight Losses Swell to 26%
(Bloomberg) Greenlight Capital, the hedge fund led by David Einhorn, lost 1.3 percent in September as U.S. stocks edged higher To read this article:
Facebook faces $1.6B fine in Europe over data breach
(Seeking Alpha) A European Union privacy watchdog could fine Facebook (NASDAQ:FB) up to $1.63B for a data breach reported on Friday that affected accounts of more than 50M users, if company violated the EU’s new privacy law, the Wall Street […]
Seasonal Tailwind for US Equities
(The Technical Analyst) We are entering the most bullish nine-month period of the 4-year US Presidential cycle, says Ari Wald, Technical Analyst at Oppenheimer. Wald has looked at the quarterly performance of the S&P 500 since 1929, and found that […]
Hedge funds take record bet on higher US yields as 3.00 pct is breached
(Reuters) The jury is still out on whether the 10-year U.S. Treasury yield’s move above 3 percent is the historical break higher confirming the end of the 30-year bond bull market. The verdict from hedge funds, however, is unequivocal: it […]