Category Archives: Syndicated
Hedge Fund Priest Sued by SEC for Alleged Stock Manipulation
(Bloomberg) A Massachusetts priest who moonlights as a hedge fund manager was sued by federal regulators for allegedly making false statements about a biotech company to try to drive down its share price. In an attempt to profit from his […]
Emerging Markets Meet Tighter Money
(Bloomberg) Emerging markets are suffering their worst slump since 2015. The MSCI Emerging Markets Index entered a bear market in early September after dropping 20 percent from its early 2018 peak. A benchmark index of emerging currencies has dropped more […]
Hedge Fund Priest Sued by SEC for Alleged Stock Manipulation
(Bloomberg) A Massachusetts priest who moonlights as a hedge fund manager was sued by federal regulators for allegedly making false statements about a biotech company to try to drive down its share price. In an attempt to profit from his […]
Hedge Fund HG Vora Builds Caesars Stake, to Push for Divestiture or Sale
(Reuters) Hedge fund HG Vora Capital Management LLC has built a 4.9 percent stake in U.S. casino operator Caesars Entertainment Corp (CZR.O), seeking to persuade it to explore options that could include divestitures or an outright sale of the company, […]
iM Global Buys Stake in U.S. Liquid Alternatives Firm
(Reuters) Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds’ strategies but for far lower fees. Paris-based iM Global Partner, which provides distribution and regulatory support to […]
Hedge Funds up 0.04 Per Cent in August, Says eVestment
(Hedgeweek) Overall industry hedge fund performance came in at +0.04 per cent in August, bringing year to date (YTD) 2018 industry performance to +1.10 per cent, according to data released by eVestment. Among primary strategies, event driven-activist funds were among […]
CAIA Association adds Cowell to board
(Opalesque) The Chartered Alternative Investment Analyst (CAIA) Association, the global leader in alternative investment education, today announced the newest member of its Board of Directors: Anthony Cowell, Head of Asset Management for KPMG in the Cayman Islands.”We could not be […]
Barclay CTA Index Gains 0.71% in August
(Opalesque) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.71% gain in August. Year to date, the Index has lost 1.43%. “Downtrends in agricultural markets, precious metals, and emerging market currencies provided a helpful tailwind […]
Barclay Hedge Fund Index gains 0.42 per cent in August
(Hedgeweek) Hedge funds gained 0.42 per cent in August according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 3.26 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Hedge Fund Index […]
Equity Hedge Funds Extend Gains in August to Lead Industry
(Bloomberg) Stock-picking hedge funds were the best performers in August as U.S. equities pushed toward a new record. The managers who bet both long and short on stocks gained 1.1 percent last month on an asset-weighted basis and are up […]
Retired hedge fund boss Martin Taylor says he plans to get back in the game
(Reuters) – British investor Martin Taylor, who closed his $1.5 billion hedge fund Nevsky Capital and retired at 46, plans to get back in the market with a fresh perspective and a new firm. To read this article:
Hedge Fund Tiger Global ups Stake in Fiat Chrysler to $1 Billion
(Reuters) U.S. hedge fund Tiger Global Management has raised its stake in Fiat Chrysler Automobiles (FCHA.MI) to 873.3 million euros (767,919 pounds), a recent filing with the Dutch regulator showed. Tiger, which runs around $22 billion in assets in under […]