Monthly Archives: January 2017

(eFinancial) Hedge fund Cheyne Capital Management has cut senior headcount and reduced pay for its partners after a year when profits slipped by 61%. Cheyne, which has around £8bn in assets under management, reduced the number of senior staff in […]

(New York Post) US shoppers may not be spending their hard-earned dough in Sears and Kmart, but owner and chief executive Eddie Lampert can’t seem to spend enough on the incredibly shrinking chains.On Wednesday the hedge fund mogul agreed to […]

(The Business Insider) Hedge funders dominated Forbes’ most recent “30 Under 30” list for finance. Twelve of them are on the 2017 list, including Michael Buckley, who works at Stanley Druckenmiller’s Duquesne Capital, and Anthony Massaro, who works at Bill […]

(Harvest) High Yield bonds have experienced a strong reversal in price, accompanied by a momentum swing known as a Bullish Divergence. This divergence between price and momentum occurred in early 2016, illustrated by the Roman Numerals ‘I, II & III’ […]

(Forbes) The new year on Wall Street kicked off with a bang of an idea from a virtually unknown, mite-sized hedge fund. This week, W. Barnes Hauptfuhrer, 62, head of North Carolina-based hedge fund ChapterIV Investors, recommended natural gas driller […]

(Forbes) With the price of crude oil sinking below $30 a barrel to 12-year lows a year ago, oil trader Pierre Andurand turned bullish, believing oil prices were set to rebound. Andurand waited for bearish sentiment to subside and went […]

(Bloomberg) An FBI agent turned to a veteran former federal prosecutor to defend him in a probe over leaks of information to the press about an insider-trading investigation of golfer Phil Mickelson and gambler Billy Walters. David Chaves, who’s been […]

(FinAlternatives) The world’s top hedge funds appear to be insulated against a new Brexit-type event, but less so against the failure of a major financial institution, according to a new report from data specialist eVestment. To read this article:

(New York Post) One hedge funder stands out as rough 2016 comes to a close Och-Ziff Capital Management is still paying a price after settling US criminal and civil bribery charges to the tune of $413 million late last year. […]

(Bloomberg) The region of Trondelag is the cradle of Norway’s Winter Olympic dominance, with 14 gold medals over the past two events alone. Now, Jomar Kilnes, a former hedge fund manager who has come home after more than a decade […]

(Forbes) With the price of crude oil sinking below $30 a barrel to 12-year lows a year ago, oil trader Pierre Andurand turned bullish, believing oil prices were set to rebound. Andurand waited for bearish sentiment to subside and went […]