(eFinancial Careers) A quant trader and researcher who cut his teeth at Lehman Brothers has joined Millennium Management in an interesting new role that may have consequences on who the hedge fund ultimately hires. Derrick Li started at Millennium in […]

(Harvest) U.S. Works on Blockchain Development, While Others Prioritize Adoption. The week of May 14, 2018 was blockchain1 week in NYC and if you haven’t been paying attention, you could no longer ignore this potentially revolutionary technology. To read this […]

(Harvest) Companies everywhere, in every business, are paranoid about Amazon.com. This sort of paranoia is healthy for the long-term well-being of our investment portfolio, as it is creating interesting buying opportunities. A case in point: My firm spent a lot […]

(Reuters) – Hedge fund managers continued to liquidate their bullish positions in crude and fuels, amid negative sentiment towards petroleum, before prices rallied sharply in the second half of last week. Hedge funds and other money managers cut their combined […]

(Reuters) – Hedge funds are doubling down on their bets that the U.S. yield curve will steepen, just as it flattens to within 20 basis points of inversion, historically a sure-fire indication that the economy is headed for a slowdown. […]

(Business Day) The SA fund management industry is sophisticated, professional, internationally adept … and expensive. The question is whether this expense is justified and if not, are the costs of investing the hard-earned cents of retirees coming down? In some […]

(Bloomberg) posted on Tue 28 Aug 2018 Permalink GAM Holding AG said it will start paying back investors in its frozen bond funds in early September after winning approvals to start liquidating the strategies that were run by suspended bond […]

(Reuters) Noble Group Ltd (NOBG.SI) won approval from shareholders on Monday for a $3.5 billion debt restructuring plan that should ensure the survival of what was once Asia’s biggest commodity trader. Faced with the prospect of the company’s insolvency, shareholders […]

(Bloomberg) The earliest indicators for China’s economy show that the pace of expansion slowed for a fourth month in August, highlighting the pressure for the government to push through pro-growth policies. The data suggest the economy weakened further as demand […]

(CNN) Toyota just placed a big bet on autonomous vehicles….The automaker announced on Monday that it is investing $500 million in Uber and working more closely with the company to accelerate the development and deployment of self-driving vehicles… To read […]

(Dealbreaker) If trend-following hedge funds were a stock, trend-following hedge funds would observe their trajectory and sell. Investors, it seems, are somewhat less savvy. To read this article:

(New York Times) The biggest companies may be influencing things like inflation and wage growth, possibly at the expense of central bankers’ power to do so…. To read this article: