Monthly Archives: January 2019
Investor confidence down by 2.8 points in December to 79.8
(Hedgeweek) The State Street Global Investor Confidence Index decreased to 79.8 in December, down 2.8 points from November’s revised reading of 82.6. To read this article:
SS&C GlobeOp Forward Redemption Indicator up to 4.86 per cent for December
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for December 2018 measured 4.86 per cent, up from 3.96 per cent in November. To read this article:
The New York fund with The Big Short as it’s top investor has set it’s sights on Lloyds and RBS
(This is Money) Steve Eisman mysteriously revealed in November he was shorting 2 UK banks To read this article:
Hedge fund marketing blurs the line on BDCs
(Opalesque) In December 2018, the SEC announced two enforcement actions involving business development companies (BDCs) – one against Fifth Street Management, LLC, the former external registered investment adviser to two BDCs, and the other against KCAP Financial, Inc., an internally […]
SEC Settles Charges with Previously Barred N.Y. Adviser
(HedgeCo.Net) The Securities and Exchange Commission today announced that it has agreed to resolve its claims against Walter F. Grenda, Jr., who was charged with violating a Commission order barring him from association with an investment adviser and with aiding […]
Renaissance Hedge Fund Sees ‘Significant’ Risk of Correction
(Bloomberg) Renaissance Technologies, the world’s most profitable hedge fund, said there’s a “significant” risk of a correction in prices and is preparing for possible market turbulence. While accelerating global growth, corporate tax reform and a business-friendly administration in the U.S. […]
Goldman Warns: There’s A ‘High Probability’ Of A Stock Market Correction In The Coming Months
(The Business Insider) Add Goldman Sachs to the special list of Wall Street firms growing increasingly skeptical about the stock market’s record-setting run….The firm’s global equity strategy team weighed in Monday, noting that worldwide stock markets are off to their […]
A Glimmer of Hope for Macro Hedge Funds
(Bloomberg) In recent years, hedge funds pursuing the style known as global macro have underperformed their peers. Shifts in the foreign exchange market, though, may presage the arrival of an environment less hostile to their investment technique. To read this […]
Och-Ziff Board Member Barr Quits Amid Battle Over Who Will Run Firm
(Reuters) Och-Ziff Capital Management director William Barr is leaving the hedge fund’s board at the end of the month, marking the first visible fallout from a battle over who will run the firm in the future. The hedge fund firm […]
Crypto Hedge Fund Polychain Says It Won’t Proceed With IPO
(Bloomberg) Polychain Capital, the crypto hedge fund backed by venture firms Sequoia Capital and Andreessen Horowitz, has decided not to go public in Canada after holdings talks with bankers about an initial public offering.The company has held discussions with bankers […]
Feds Charge Eight Individuals, Three Banks in ‘Spoofing’ Probe
(New York Post) The Justice Department and the federal derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged manipulation in […]
Macro Hedge Fund That Made 47% Says Dollar’s Drop Isn’t Done
(Bloomberg) Former Credit Suisse Group AG trader Charlie Chan, whose macro hedge fund surged 47 percent last year to beat rivals, is holding on to bearish bets on the dollar. For now.Chan’s Splendid Asia Macro Fund, with just under $200 […]