Category Archives: Syndicated
Sometimes no trade is the trade’, Vulcan Metals takes the long view
(Opalesque) When James Gallo started in markets, commodities were still traded in the pit. After a short stint as an intern he was hooked. Gallo eventually became the youngest COMEX trader ever at age 21. Since then, he’s built an […]
Hedge Funds Asset Flows ‘Slightly Negative’ For May
(Asset Servicing Times) Hedge fund asset flows are ‘slightly negative’, with investors pulling $1.59 billion from the indusry during the month, eVestment’s May hedge fund asset flows report revealed. The ovearall year-to-date fund flows are still positive, at +$12.51 billion, […]
Einhorn Deepens Slide as Greenlight Plunges 19% in First Half
(Bloomberg) David Einhorn’s main hedge fund at Greenlight Capital fell 7.7 percent in June, bringing losses for the first half of this year to almost 19 percent, according to a client update seen by Bloomberg. His value-investing strategy fell well […]
U.K. Lawmaker Calls for Inquiry Into Hedge Funds’ Use of Private Brexit Polling
(Bloomberg) U.K. lawmaker Bob Seely called for a parliamentary inquiry into the use of private polling data by some of the world’s biggest hedge funds betting on the 2016 European Union referendum. Seely, a Conservative member of parliament for the […]
Hedge funds positive again in June
(Hedgeweek) Hedge funds posted another positive yet meagre gain in June, dragged down by the losses of emerging markets managers, according to data released by Eurekahedge. Distressed debt hedge fund managers maintained their position across strategic mandates with their year-to-date […]
2018 Global Market Outlook – Q3 update: Trade-war tightrope
(Harvest) The two key global market trends of early 2018—U.S. growth leadership and the U.S. dollar bounce—have probably run their course. Be alert for an escalation in the trade-war issue, and keep an eye on the yield curve for a […]
Morgan Stanley Charged in Connection With Failure to Detect or Prevent Misappropriation of Client Funds
(HedgeCo.Net) The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney (MSSB) has agreed to pay a $3.6 million penalty and to accept certain undertakings for its failure to protect against its personnel misusing or misappropriating funds from […]
Malta approves three blockchain bills at second reading
(Hedgeweek) The Maltese Parliament has unanimously approved three blockchain bills as the island looks to establish itself as a cryptocurrency hub. In addition Stephen McCarthy has been appointed as CEO of the newly established Malta Digital Innovation Authority. To read […]
One of Hottest Hedge Funds in Korea Returns 14% as Stocks Slide
(Bloomberg) A hedge fund firm is causing a stir among investors in South Korea, delivering strong returns even as the stock market declines and attracting a flood of money. Timefolio Asset Management has gained almost 14 percent this year in […]
Four Reasons Why It’s Time to Get Real About Inflation
(Harvest) With the global economy moving into its late-cycle stages, we think it’s a good time to bolster portfolio inflation protection by embracing several recently unloved investments—including natural resources and commodities. The thought of adding inflation protection in this way […]
North Cost Partners launches opportunity fund
(Opalesque) North Coast Partners, a real estate investment company, today announced the launch of the Detroit Opportunity Fund, which will focus on investing in newly designated Opportunity Zones in the Detroit area. The Detroit Opportunity Fund is the first of […]
Hedge Fund Managers See Echo of Past Crashes in Markets
(Bloomberg) The ranks of hedge fund managers expecting impending market chaos are growing. Greg Coffey, the former star manager at Moore Capital Management who started trading at his own firm this year, is comparing the turmoil in May to the […]