Category Archives: Syndicated
SS&C GlobeOp Hedge Fund Performance Index down 0.34 per cent for June
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2018 measured -0.34 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.49 per cent in July To read this […]
Italy shock shows sovereign CDS still active – flaws and all
(Reuters) – Italy’s recent bond shock showed that the financial derivatives market designed to insure against sovereign defaults hasn’t been killed off by doubts about whether those contracts would pay out when the time came. The market for sovereign credit […]
China Hedge Fund Doubles Down as Market Selloff Deepens Losses
(Bloomberg) One China hedge fund is adding to stocks in the nation even as a rout deepened losses in its portfolio and prompted some peers to duck for cover. Springs China Opportunities Fund is using the “panic selloff” to increase […]
Hedge Funds Turns Up Heat on Kiwi as Inflation Loses Traction
(Bloomberg) New Zealand’s inflation data may go some way to explaining why hedge funds are getting increasingly bearish on the kiwi. Consumer prices rose at the slowest annual pace since 2016 in the first quarter, spurring the central bank to […]
Hedge Funds Curb Bets on Rising Oil Price Just as Rally Falters
(Bloomberg) Hedge funds are showing signs of wavering confidence in ever-higher oil prices. Money managers were taking money off the table before Brent had its worst day in two years on Wednesday. Bets on rising prices for the international benchmark […]
Bribery Lawsuit Against Och-Ziff Executives is Dismissed
(Reuters) A federal judge has dismissed the U.S. Securities and Exchange Commission’s lawsuit accusing two former Och-Ziff Capital Management Group LLC (OZM.N) executives of masterminding a scheme to funnel tens of millions of dollars of bribes to African officials.U.S. District […]
Blame Humans for This Robot Hedge Fund Malfunction
(Bloomberg) If only it could all be blamed on those Cambridge boffins and their robots. GAM Holding AG can’t pin all of its troubles on its bet on a computer-driven hedge fund. The Swiss asset manager warned on Friday that […]
David Solomon expected to be named Goldman Sachs’ next CEO
(CNBC) Goldman Sachs will name President David M. Solomon to succeed Lloyd C. Blankfein as its next chief executive officer on Tuesday, sources familiar with the situation said. The news will be disclosed to all the company’s managing directors in […]
SoftBank’s cheap valuation draws $1 billion bet from U.S. fund Tiger Global
(Reuters) U.S. hedge fund Tiger Global has built a stake worth over $1 billion (757 million pounds)in SoftBank Group Corp (9984.T) as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares […]
CFTC makes record USD30m whistleblower award
(HedgeCo.Net) The Commodity Futures Trading Commission (CFTC) has announced an award of approximately USD30 million to a whistleblower who voluntarily provided key original information that led to a successful enforcement action. To read this article:
Blame Humans for This Robot Hedge Fund Malfunction
(Bloomberg) If only it could all be blamed on those Cambridge boffins and their robots. GAM Holding AG can’t pin all of its troubles on its bet on a computer-driven hedge fund. The Swiss asset manager warned on Friday that […]
Hedge Funds Turns Up Heat on Kiwi as Inflation Loses Traction
(Bloomberg) New Zealand’s inflation data may go some way to explaining why hedge funds are getting increasingly bearish on the kiwi. Consumer prices rose at the slowest annual pace since 2016 in the first quarter, spurring the central bank to […]