Monthly Archives: January 2019
Orange County Investment Adviser Charged With Defrauding Clients
(HedgeCo.Net) A Laguna Niguel, California investment adviser has been charged with misappropriating client funds and misleading his clients about how their money was invested and how their investments were performing. The SEC is seeking an asset freeze and the appointment […]
After third week of gains, stock market closes in on the ‘wall of resistance’ level that everyone is watching
(CNBC) The S&P 500 is poised to take aim at an extremely important level in the coming week. The 2,600 level has sucked in all sorts of market watchers — technicians and non-technicians alike — who are waiting to see […]
CTAs see out challenging 2018 with improvement in performance
(Hedgeweek) Following a challenging October and November, CTAs ended the year with positive performance, with the SG CTA Index up by 1.44 per cent and the SG Trend Index up 0.94 per cent in December. To read this article:
Catena expands North American and European trade reporting with CME Group
(Hedgeweek) Catena Technologies has expanded the capabilities of its TRACE Reporting solution through integration with CME Group’s North American and European trade repositories. To read this article:
Charles River and AcadiaSoft form alliance to expand STP support for OTC and exchange traded derivatives
(Hedgeweek) Charles River Development, a State Street Company, and AcadiaSoft have announced a business alliance to automate communication of margin calls and collateral estimates between counterparties in the Charles River Investment Management Solution (Charles River IMS) for OTC and exchange-traded […]
HedgeAssist merges with Catalina Partners
(Hedgeweek) Operational Due Diligence (ODD) specialist firms HedgeAssist and Catalina Partners merged on 1 January 2019. To read this article:
One of Europe’s Most Hyped Stocks Faces a Record Hedge-Fund Attack
(Bloomberg) One of Europe’s most volatile and priciest stocks is attracting more interest from hedge funds than ever before. The company in question is Ambu A/S, which is based in Denmark and makes single-use endoscopes. Short bets against it have […]
Hedge Fund Winners and Losers in 2018
(Bloomberg) Hedge funds are reporting their 2018 performance and a chasm has emerged between managers who have outperformed and those who saw staggering losses. One bright spot was Ray Dalio’s Bridgewater Pure Alpha fund which saw returns of 14.6%, though […]
‘Extraordinary’ Month Heaps Further Pain on Hedge Funds
(Bloomberg) A spurt in volatility was supposed to help hedge funds rebound from years of mediocre returns. Instead, it made things worse. Stock markets’ fear gauge, the Cboe Volatility Index, surged last month as the S&P 500 suffered its worst […]
Investing Titan Jeff Vinik To Reopen Hedge Fund: ‘The Fire In My Belly Still Burns’
(CNBC) While other hedge fund titans are running out of the proverbial burning building that is active management, Jeff Vinik is going back in. “After six years of running my own money, the fire in my belly still burns,” Vinik […]
Two Advisory Firms, CEO Charged With Mutual Fund Share Class Disclosure Violations
(HedgeCo.Net) Two New York-based investment advisers will collectively pay more than $1.8 million, which will be returned to harmed investors. According to the SEC’s orders, American Portfolios Advisers Inc., PPS Advisors Inc., and PPS’s Chief Executive Officer and Chief Investment […]
Government shutdown threatens to have bigger impact on economy
(CNBC) The 20-day-old government shutdown has had a minor impact on the economy so far, but it could start to have a bigger sting if it continues for much longer and hits consumer or business sentiment, economists said. To read […]