Category Archives: Syndicated

Bitcoin: A ‘Shot of Adrenaline’ for Hedge Funds?

(Nasdaq) We kid you not. The market a crypto investor faces is a notoriously fickle one. Those taking the volatile odds on Bitcoin (BTC) are certainly not investing in stability here To read this article:

CEO of The World’s Largest Asset Manager is Worried That Tech Shares are The Only Stocks Doing Well

(CNBC) “If you strip out a handful of outperforming tech stocks, the lack of breadth in the equity markets is troubling,” says BlackRock CEO Larry Fink. To read this article:

Goldman Expected to Formally Name Successor to C.E.O. Lloyd Blankfein

(CNBC) Goldman Sachs is expected to name its president, David M. Solomon, as its next chief executive early this week, according to people briefed on the plan. The announcement would formally establish Mr. Solomon as the successor to Lloyd C. […]

How Will an Expanding Global Economy Affect U.S. Small-Caps?

(Harvest) What are you hearing about growth outside the U.S.?We are beginning to hear anecdotal evidence of the pickup in economic activity outside of the United States. That you are in the midst of what could be considered a synchronized […]

Will the Velocity of Money Finally Rise?

(Capital Trading Group) Last week we saw NFPayrolls rise 213k above the 195k that was widely expected. May’s payroll report was also revised higher by some 21k to 244k. One weak spot was that the unemployment rate saw a .2% […]

Ex-Point72 portfolio manager to launch macro hedge fund Entheos:

(Reuters) – Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of 2019, two sources familiar with the […]

Three top staff leave macro hedge fund MarkhamRae after assets plunge

(Reuters) – At least three top staff recently left London-based hedge fund firm MarkhamRae, which has underperformed its peers and saw three of its biggest investors pull out almost $300 million. To read this article:

Hedge Fund York Capital Joins Race for Abraaj Assets

(Bloomberg) York Capital Management, the hedge fund run by Jamie Dinan, is the latest party to join the race to buy the asset-management platform of embattled Dubai private-equity firm Abraaj Group, according to people familiar with the matter. The New […]

Steve Cohen’s Hedge Fund Gains About 7% in First Half

(Bloomberg) Point72 Asset Management, the hedge fund run by Steve Cohen, returned about 7 percent in the first half of the year, according to people familiar with the matter. The Stamford, Connecticut-based firm was about flat in June, the people […]

Hedge Fund Firm PAAMCO Prisma Co-CEOs Buchan and Reddy to Leave

(Reuters) Investment firm PAAMCO Prisma, one of the world’s biggest investors in hedge funds, said on Tuesday that a six-person executive committee will replace the firm’s two co-chief executives who are stepping down on Aug. 1. Jane Buchan and Girish […]

Scaramucci’s Path to $20 Billion Runs Through a Hot China Market

(Bloomberg) An investment offering that most of the world has shunned is suddenly all the rage in China, and money managers from UBS Group AG to SkyBridge Capital are moving to grab a slice of the bounty. To read this […]

Muni Bonds Buck the Trend

(Harvest) Muni bonds rewarded investors with an unexpected positive return in June (+0.13%), against the odds that a stark pickup in supply would saturate the market as history suggests for this time of year. The market’s persistently strong technical environment […]