Category Archives: Syndicated

Explaining Equity: What’s Happening With this Year’s Returns?

(Harvest) In the first half of 2018, the Russell 1000 Growth Index was up over 7%, and the core Russell 1000 Index was up almost 3%. Meanwhile, the Russell 1000 Value Index lagged with a -1.7% return. Quality equity income […]

Top Prime Brokerage Execs Depart Cowen In Short Order

(eFinancial Careers) The two U.S. co-heads of prime brokerage at Cowen Inc. have left the firm just a year after joining. Michael DeJarnette and Douglas Nelson were named co-heads of the U.S. business in 2017 after coming over as part […]

Blockchain: Disruptor Version 3.0

(Harvest) With the early-year hype surrounding cryptocurrencies receding, one can take a measured assessment of how digital currency along with its underlying technology – the blockchain – may impact, redefine or even replace existing business models. The answer is potentially […]

Hedge funds remain on track despite continued turbulence

(Bloomberg) Hedge funds continued to navigate current turbulences last week with reduced direct or indirect exposures, according to the latest Weekly Brief from Lyxor’s Cross Asset team. To read this article:

Hedge Funds Caught in Trump’s Trade War Crossfire Feel the Pain

(Bloomberg) In a booming year for mergers and acquisitions, hedge funds that seek to make money from corporate marriages are struggling. The value of deals surged 43 percent in the first half of the year, with large takeovers reaching the […]

Hedge Fund Sees China Stocks Climbing in Spite of Trade War

(Bloomberg) Chinese stocks may rise 20 percent over the next three years even if conflicts with the U.S. persist, a $3 billion hedge fund manager said as the trade war between the nations kicked off. If tensions ease over trade […]

Ray Dalio Says Trade War With China Is Underway

(Bloomberg) President Donald Trump’s threat to impose tariffs on every Chinese import into the U.S. sparked a reaction from billionaire Ray Dalio, founder of the hedge fund giant Bridgewater Associates. “Today is the first day of the war with China,” […]

Clients Hail Bridgewater Ownership Change

(Pension & Investments) Bridgewater Associates LP’s move to a partnership structure is a welcome development, said asset owners, investment consultants and industry pundits. Bridgewater, based in Westport, Conn., wrote of the ownership shift to its 300 clients in a June […]

China’s Wealth Fund Posts Record Return After 2017 Global Rally

(Bloomberg) China’s $941 billion sovereign wealth fund posted a 17.6 percent return on its overseas investments last year, the best annual performance in its decade-long history, just before rising volatility and political tensions arrested a global stock market rally. That […]

Emerging-Market Debt: Expect Volatility—and Opportunity

(Harvest) Summer is just beginning, but emerging-market (EM) bonds and currencies have been on a roller-coaster ride for months now. In markets, though, volatility breeds opportunity—and we still see plenty of that among EM issuers. When 2018 began, we warned […]

Polaris Sees Opportunities For Single GP Infrastructure, Alternative Risk Premia and Equity Market Neutral in Europe

(Opalesque) Matthias Knab, Opalesque for New Managers: Claus, you started Polaris in 2008 to support asset managers in promising alternative investment strategies in their market entry, fundraising and client-focused after-sales activities particularly to institutional investors in Europe or specifically in […]

JPMorgan Denies Interest in Top European Rival

(HITC Business) JPMorgan Chase has denied a report in German magazine WirtschaftsWoche that it’s interested in acquiring a stake in Deutsche Bank AG, after the lender’s share price slumped. To read this article: