Category Archives: Syndicated

Hedge Fund Giant Splits With Morgan Stanley on Dollar Peak Call

(Bloomberg)Don’t bet on the U.S. dollar rally ending any time soon, says the world’s largest publicly traded hedge fund. While investment titans such as Morgan Stanley and State Street Corp. wager the greenback’s rally this year is just about finished, […]

Stocks Fall With Euro on Turkey Contagion Concerns

(Bloomberg) European stocks followed Asian shares lower after a news report stoked concern Turkey’s problems are spilling over into the euro zone. The common currency sank, while the dollar advanced alongside Treasuries. The Stoxx Europe 600 Index declined, dragged down […]

Hedge Funds Are Shorting Australian Retailers as Home Prices Fall

(Bloomberg) Hedge funds have found a new way to profit from the sorry state of Australia’s housing market: playing off how much poorer consumers feel as their home values decline. Managers including Totus Capital and Sydney’s Regal Funds Management are […]

Hedge Fund Boss Odey Says Pound Could Fall Further As Brexit Deadline Looms

(Reuters) Sterling and UK government bonds will fall further in the run-up to Brexit, even after the pound slumped this week to its lowest in almost a year, prominent Brexit-supporting British hedge fund manager Crispin Odey said on Thursday. While […]

This Broker Fought the Flash Boys and Got in Trouble for It

(Bloomberg) Investment Technology Group Inc. maybe should’ve worked with Michael Lewis, too. The New York-based brokerage said Wednesday that it faces a third Securities and Exchange Commission fine in three years. Part of the latest violation flips the script on […]

Cramer: Trade Sanctions Are Hurting Hedge Funds The Most

(CNBC) It may sound odd, but the group hurt the most by the U.S.-China trade war is the hedge funds, CNBC’s Jim Cramer said on Thursday. As hedge fund managers tried to preemptively calculate the effects of the trade dispute, […]

BlueMountain Snags Fir Tree’s Troeller for Private Infrastructure

(Opalesque) BlueMountain Capital Management, a private diversified alternative asset management firm, today announced that Scott Troeller has joined the firm as a Portfolio Manager to source, evaluate, and execute infrastructure-related private investments, with an initial focus on energy, environmental, and […]

Global Bonds: How Hedging Can Enhance Low Local Yields

(Harvest) Despite low bond yields in many countries outside the U.S., hedged yields may be quite attractive for U.S. dollar-based investors. Japanese government bonds yield virtually zero. Yields on German bunds remain stuck below 50 basis points (bps). U.K. gilts […]

Hedge Funds Are Shorting Australian Retailers as Home Prices Fall

(Bloomberg) Hedge funds have found a new way to profit from the sorry state of Australia’s housing market: playing off how much poorer consumers feel as their home values decline. Managers including Totus Capital and Sydney’s Regal Funds Management are […]

Private Banks Are the New Hedge Funds

(Bloomberg) UBS WM with $2.4 trillion touts relative value for late cycle Bank has issued more than 70 short-term structured notes Who needs hedge funds when a $2.4 trillion private bank is offering global macro trades to navigate late-cycle markets […]

Sterling Plunges to 2018 Lows as Brexit Unease Builds

(Reuters) The pound suffered a heavy sell-off on Wednesday, skidding to its lowest levels against the dollar and euro in almost a year as markets ramped up bets on Britain leaving the EU without an agreement with Brussels on their […]

Pandora CEO Steps Down After Jewelry Maker Cut 2018 Forecast

(Bloomberg) Pandora A/S’s Chief Executive Officer Anders Colding Friis will step down after the world’s biggest jewelry maker earlier this week lost almost a quarter of its market value when it cut its 2018 profit forecast. Colding Friis will leave […]