Category Archives: Syndicated
Newton Crypto raises up to USD15m through partnership with DV Trading
(Hedgeweek) Newton Crypto has entered into a partnership with DVX Capital Markets, an affiliate of DV Trading and DV Chain, and the parent company of Independent Trading Group (ITG), a Canadian broker dealer regulated by the Investment Industry Regulatory Organization […]
Crypto uncertainty prompts unorthodox fund strategies
(Hedgeweek) As interest in the markets for crypto currencies and digital assets continues to grow, some hedge funds and members of the buy side are venturing into this rapidly changing ecosystem. Black Square Capital, a Washington DC hedge fund investing […]
JPMorgan to liquidate Roumani-led $1 billion hedge fund:
(Reuters) – JPMorgan Chase & Co’s asset management arm is liquidating a $1 billion credit hedge fund led by Fahad Roumani after abandoning a plan to spin it off, Bloomberg reported on Thursday, citing a letter to investors. To read […]
Short Bets on World’s Biggest Tech Stocks Surge to $37 Billion
(Bloomberg) Short positions against the so-called FAANG group of the largest U.S. technology stocks have surged by more than 40 percent in the past year as investors bet against some of the biggest drivers of the global bull market. Bearish […]
Activist Elliott Argues Sky Is Worth Over $34 Billion,
(Reuters) Activist hedge fund Elliott believes Walt Disney’s (DIS.N) deal to buy assets from Twenty-First Century Fox (FOXA.O) has valued Sky (SKYB.L) at more than $34 billion(26 billion pounds), higher than any of the current offers for the British broadcaster, […]
Citigroup Poaches Three Women to Be Managing Directors in Asia
(Bloomberg) Citigroup Inc. hired three women as managing directors for its markets business in Asia, part of its push for gender parity at the division. The U.S. bank appointed Laura Atherley from Nomura Holdings Inc. for its markets relationship management […]
Activist Hedge Fund Taconic Capital to Sell Stake in Gulf Keystone
(Reuters) Activist hedge fund Taconic Capital Advisors said on Wednesday that it would sell a 3.55 percent stake in Iraq-based oil producer Gulf Keystone Petroleum Ltd. Taconic Capital, a multi-strategy hedge fund which was founded in 1999, said it would […]
Fortress Deepens Private Credit Push as Money Pours In
(Bloomberg) Fortress Investment is boosting its offerings to investors betting on one of the debt market’s hottest corners. The investment manager is expanding its private credit effort with a direct-lending fund; another that buys debt linked to real estate, aircraft […]
Six Months After the Last Big Move, Traders Are Getting Ready for Another Round of Volatility Soon
(CNBC) Traders are anticipating that the relative calm that has pervaded the market throughout the summer is about to come to an abrupt end. One indicator is coming in the VIX futures market — the place where market participants place […]
Should we really be watching the crypto market every second?
(Harvest) Every new technology has its ups and downs. However, most of them don’t give you minute-by-minute updates on how the experiment is progressing. Imagine if Thomas Edison was giving you real-time progress updates while inventing the light bulb. As […]
Proxy Fight Looms as New Investors Ramp Up Pressure on Campbell Soup
(Reuters) The family that controls Campbell Soup Co (CPB.N) looks to be on a collision course this week with new hedge fund investors pushing for the company to sell itself, heralding a potential proxy fight industry analysts have labeled the […]
New Tax Law Favors Hedge Funds Over Managed Accounts
(Forbes) Hedge fund investors benefited from tax advantages over separately managed accounts (SMA) for many years. The 2017 Tax Cuts and Jobs Act (TCJA) widened the difference by suspending all miscellaneous itemized deductions, including investment fees. SMA investors are out […]