Category Archives: Syndicated
DAX breaks long-term support
(Technical Analyst) The DAX may be building a large and important head-and-shoulders top, according to say David Sneddon and James Gilbert at Credit Suisse in London. Looking at a monthly chart, Sneddon and Gilbert point out that the DAX has […]
Hedge funds gain +0.77% in July
(Opalesque) Hennessee Group LLC announced that the Hennessee Hedge Fund Index increased +0.77% for the month (+3.10% YTD), while the S&P 500 was up +3.60% (+5.54% YTD), the Dow Jones Industrial Average increased +4.71% (+2.23% YTD), and the NASDAQ Composite […]
Emerging Markets Inflation Momentum Is Turning
(Harvest) The inflation momentum in emerging markets is turning, supporting expectations of additional policy tightening despite a less certain growth outlook. Markets continue to expect more policy tightening across emerging markets as the inflation momentum appears to be turning in […]
Paul Singer’s fund, Bain Capital favored to buy Athenahealth
(New York Post) Elliott is teamed with Bain Capital on its bid. Bain owns Waystar, a health care technology company. Waystar may benefit if Bain buys Athenahealth, an industry banker said….The two private equity firms are now the favorite to […]
Hedge Fund Elliott Calls for Fresh Revamp at Hyundai Motor Group
(Reuters) U.S. activist hedge fund Elliott Management made fresh proposals to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its own plan. To read this article:
Millennium Shuts Down Pioneering Quant Hedge Fund
(Bloomberg) Millennium Management has shut down a quant hedge fund founded by two acclaimed physicists that suffered only one losing year since it began trading in the early 1990s. The closing of Prediction Company, which Millennium bought in 2013, came […]
Hedge Fund That Called Emerging-Market Selloff Sees Turnaround
(Bloomberg) The hedge fund veteran who predicted the peak of the emerging-market rally says a seven-month rout is almost over. Jordi Visser, chief investment officer at the $1.7 billion hedge fund Weiss Multi-Strategy Advisers in New York, said a turnaround […]
Two Sigma Invests in Startup That Handles Unsexy Side of Data
(Bloomberg) The conventional wisdom that big data will transform investing misses one nagging detail: working with giant data sets can be a hairy, time-consuming mess. Two Sigma, the quantitative hedge fund run by David Siegel and John Overdeck, is investing […]
Deutsche Bank Courts New York Hedge Funds After Cuts
(Bloomberg) Deutsche Bank AG’s hedge fund clients have had a front-row view of tumult this year, as the lender’s new leader unveiled another strategy, dramatically shrinking its U.S. prime brokerage. Now, the firm is trying to reassure some of its […]
Nuveen Quant Head Exits; Goldman Takes Stake in Hedge Fund
(Citywire) Nuveen Asset Management chief economist and head of quantitative strategies Keith Hembre is to exit the firm at the end of October…..Hembre was most recently manager on the $487.2 Million Nuveen strategy allocation fund range, alongside Derek Bloom, until […]
The Government’s New Strategy to Crack Down on ‘Spoofing’
(New York Times) The Justice Department has tried to crack down on traders who try to move markets by entering and quickly canceling orders, conduct that goes by the catchy moniker “spoofing.” But the government’s early prosecution of the crime […]
Oberland Capital Closes Second Fund on $800 Million
(Opalesque) Oberland Capital, a healthcare focused investment firm, has closed its second royalty and credit opportunities fund, Oberland Capital Healthcare II LP, at its hard cap of $800 million in capital commitments. Fund II will target investments between $20 million […]