Monthly Archives: January 2017

(New York Times) Federal prosecutors in Manhattan have charged three Chinese citizens with making more than $4 million by trading on information they got by hacking into some of the top merger-advising law firms in New York. The three men […]

(FinALternatives) Sullivan & Cromwell partner Jay Clayton is reportedly a leading candidate to head the U.S. Securities and Exchange Commission in the incoming Trump administration, Reuters revealed on Tuesday. To read this article:

(FinAlternatives) Even Jeff Gundlach’s famed Total Return Bond Fund has fallen prey to the sentiment reversal in fixed income markets that began with November’s election-related “Trump Tantrum” and continued with the Fed’s December decision to raise interest rates. To read […]

(Opalesque) Hennessee Group LLC announced that the Hennessee Hedge Fund Index gained +1.21% for the month (+4.14% YTD), while the S&P 500 rose +3.42% (+7.58% YTD), the Dow Jones Industrial Average increased +5.41% (+9.75% YTD), and the NASDAQ Composite Index […]

(GlobeandMail) Index investing, the Bambi of the financial world, is suddenly back in hunters’ cross-hairs. Consider the shot fired last year (2016) by Sanford C. Bernstein & Co., a respected Wall Street research firm. Analysts at Bernstein suggested. To read […]

(Pension & Investments) Hedge fund managers are singing much the same optimistic refrain for 2017 as they did for 2016, but with much more conviction and a nod to President-elect Donald Trump for setting the stage for the kind of […]

(Bloomberg) Bloomberg’s Dani Burger discusses the reemergence of hedge fund bulls, the Dow’s push to 20,000 and holiday sales for retailers. She speaks on “Bloomberg Markets.” To read this article:

(Harvest) On Wednesday December 14 , the US Federal Reserve (“the Fed”) announced a rate hike of 25 basis points, bringing the range of the federal funds rate to 0.50% to 0.75%. The rate hike is the second in a […]

(Valuewalk) In my last post, I pointed to the shift towards passive investing that has accelerated over the last decade and argued that much of that shift can be explained by the sub-par performance of active investors. I ended the […]

(Valuewalk) 1. Increasing investor sophistication is driving transparency; 2.Back-office functions now play a greater role in investor relations than ever before; 3. The black box is not a strategy anymore; investors need to understand the process… To read this article:

(HedgeWeek) Lyxor’s Cross Asset Research team has released a report on the performance of active mutual funds versus their benchmarks in 2016. The team writes that it would be an understatement to say that active investing has been challenged in […]