Monthly Archives: January 2018

Five Things We Learned About MiFID II on Its First Day at Work

(Bloomberg) MiFID II came to life. And belying its billing as a “Big Bang” that would cause disruption as it transforms the European Union’s financial markets, its first day turned out to be more of a whimper as traders waited […]

Whitbread Appoints Ex-ITV Ceo Crozier as Chairman

(Reuters) Britain’s Whitbread, owner of Costa Coffee and Premier Inn, on Thursday appointed as chairman Adam Crozier, a former chief executive of broadcaster ITV Plc and Royal Mail Plc. He will replace Richard Baker, who will retire at the end […]

Retirement Numbers Are Hokum

(Harvest) An interesting article at Plaid Zebra cites work done at Harvard that says instead of believing that success leads to happiness, being truly happy is what leads to success with some data to back up the assertion.I believe embracing […]

Bayer CEO is Auctioning Assets to Clear Monsanto Deal

(New York Post) Bayer CEO Werner Baumann has begun to market US assets owned by the German conglomerate in order to win clearance for its $66 billion merger with Monsanto…The assets — which are expected to include a vegetable seeds […]

A Hedge-Fund Titan Puts Away the Punch Bowl

(Fox Business) The U.S. economy and stock market have just turned in their best performance in years, so it seems like buzzkill to hand the microphone to someone who thinks the path ahead could be much bleaker. Still, when it’s […]

Which Hedge Fund Are You?

(Harvest) Very large funds with average performance that have not experienced heavy redemptions.This is a very precarious position to be in. Things could go either way. Our recommendation, invest heavily in building brand. It is critical to remind your investors […]

Mitt Romney Taps Key Hedge Fund Advisers For Potential Return to Politics – And Maybe Even The Presidency

(Fox Business) Former Republican presidential candidate Mitt Romney is reaching out to a couple of trusted advisers now working at his hedge fund, Solamere Capital, to build a campaign apparatus as he moves closer to running for a U.S. Senate […]

Hedge Fund AUM to Reach An All-Time High in 2018 For The 10th Year in a Row?

(Valuewalk) Strategies that will gain assets include: Quant – These strategies comprise multiple categories and have been responsible for a disproportional share of industry growth… Asia long/short equity – The IMF predicts that 2/3 of world growth will come from […]

Hedge Fund Performance Improved in 2017

(Cay Compass) The average hedge fund returned 7.27 percent through November of last year, almost doubling the performance of 2016, according to the Eurekahedge Hedge Fund Index. Comparable equity market benchmarks like the MSCI world equity index had a record […]

MiFID Shake-Up Gets Real as Wary Traders See Volumes Dry Up

(Bloomberg) After seven years of preparation, $2 billion in compliance costs and one false start, the biggest shake-up to European regulation in a decade is finally here. With so much at stake, investors are likely to sit on their hands […]

Jeff Altman’s Flagship Fund Jumps 21% on Distressed Bets

(Bloomberg) When Toys “R” Us caught credit traders off guard with its sudden plunge into bankruptcy, Jeff Altman locked in gains from the unraveling after betting against the retailer by stacking up credit-default swaps. It was one of a handful […]

Hedge Funds Head Into 2018 Record Short in Ags – Despite Hopes for Commodities Upturn

(Agrimoney) Hedge funds headed in 2018 record net short in agricultural commodities, clashing with ideas that the year could prove a strong one for raw materials as a whole, to judge by relative valuations, and economic and currency forecasts. Managed […]