Category Archives: Syndicated
Hedge Fund Billionaire Einhorn Places Sixth in Major Poker Tournament
(CNBC) David Einhorn and 26 other businessmen and poker players each ponied up $1 million to enter the World Series of Poker’s “Big One for One Drop” tournament. Einhorn placed sixth, just short of taking home prize money, on Tuesday […]
Omega Advisors Joins Bluemountain as PM for Global Financials Investing
(Opalesque) BlueMountain Capital Management, a private diversified alternative asset management firm, today announced that Mahmood Reza has joined the firm’s equities team as Portfolio Manager of Global Financials equity investments, effective July 9. The new hire reflects BlueMountain’s continued commitment […]
How a $139 Billion Fund Is Trading the Trade War
(Bloomberg) In a bid to beat the trade war, a $139 billion Australian investment manager is using 30-year Treasuries as its weapon of choice. The ultra-long bonds are seen as a hedge to protect the portfolios of AMP Capital Investors […]
Gemini’s Complete offering’ singled out as unique to industry in global custodian survey
(Hedgeweek) The Gemini Companies (Gemini) has been singked out for its unique ‘complete offer’ in the 2018 Global Custodian Mutual Fund Administration Survey, which surveys fund administration clients to determine a ranking [on a scale of 1 (very weak) to […]
Hedge Funds End First Half in the Red as Trade War Roils Markets
(Reuters) Hedge Funds ended the first half in negative territory as the escalating trade war roiled global markets. Funds declined 0.33 percent for the year and slid 0.64 percent in June, wiping out gains seen in May, according to Bloomberg […]
BlackRock is evaluating cryptocurrencies, CEO Fink says
(Reuters) – BlackRock Inc (BLK.N) Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor […]
Peter Thiel and Billionaire Jihan Wu’s Bitmain Invest in Block.one
(Bloomberg) Blockchain platform Block.one is close to announcing a new fundraising round, bringing in Peter Thiel and Chinese billionaire Jihan Wu’s Bitmain Technologies Ltd. as new investors, according to people familiar with the matter. The fresh investment round could be […]
Omega Advisors Joins Bluemountain as PM for Global Financials Investing
(Opalesque) BlueMountain Capital Management, a private diversified alternative asset management firm, today announced that Mahmood Reza has joined the firm’s equities team as Portfolio Manager of Global Financials equity investments, effective July 9. The new hire reflects BlueMountain’s continued commitment […]
On Putin’s Most Wanted List: Hedge Fund Founder Bill Browder
(Barron’s) Amid the pressing subjects of today’s summit between the superpower presidents, Vladimir Putin found time on the podium to attack Bill Browder, the founder of what was the largest Russia-focused hedge fund…. To read this article:
Barclay CTA Index Loses 0.05% in June (-2.00% YTD)
(Opalesque) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.05% loss in June. Year to date, the Index is down 2.00%. “Trade war concerns sparked by economic sabre rattling shook grain markets while US pressure […]
Amid EM Sell-off, How Corporates Can Add Value to Core Portfolios
(Harvest) As geopolitics continues to shake investor confidence, U.S. interest rates have fluctuated and emerging market assets have come under pressure. In our view, this move could present unique opportunities for investors to decrease interest rate risk while at the […]
Align Named in Channel Futures MSP 501 List of Top Managed Service Providers
(Hedgeweek) Align, a provider of technology infrastructure solutions, has been named in 45th place in Channel Futures’ 2018 MSP 501 ranking list, which recognises the top managed service providers based on metrics including recurring revenue, growth and other factors. The […]