Monthly Archives: January 2018
Hedge Fund Wins Bid to Block Quant Fraudster’s Deportation
(Bloomberg) A London quant analyst convicted of stealing millions of pounds worth of secret algorithmic trading strategies has been stopped by his former employer, Trenchant Ltd., from being deported to China. Judge Antony Zacaroli ruled that Ke Xu must surrender […]
Noble Group Reaches In-Principle Deal to Restructure Debt
(Bloomberg) Noble Group Ltd. reached an in-principle deal to restructure $3.5 billion in debt, saving the troubled commodity trader from bankruptcy at the cost of handing control to creditors and all but wiping out current shareholders. After a three-year crisis […]
Greater Clarity On Markets Demands A Flexible Approach
(Harvest) We suggested that the ongoing low-volatility, quantitative easing-driven, deflationary boom cycle would likely pivot toward an inherently more volatile fundamental environment. While longer term investment forecasts are by definition opaque, a great deal of clarity has been provided by […]
What Will Surprise Investors in 2018?
(Harvest) From the economy to the Fed and rising interest rates, four small-cap specialists reveal what surprises they think 2018 might have for investors. To read this article:
Woodford Blasts US Hedge Fund Selling Prothena Short
(Citywire) Neil Woodford has attacked Kerrisdale Capital, the US hedge fund seeking to undermine one of the top holdings in the Woodford Patient Capital Trust (WPCT), saying its claims about Irish biotech company Prothena are ‘totally inaccurate and unsubstantiated. To […]
Wall Street Is Facing A New Kind Of Tsunami
(CNBC) A top fund manager at TCW is suing the firm for alleged sexual harassment. But she’s also claiming that investor funds were misused to retaliate against her. That could open the door for a deluge of shareholder lawsuits connected […]
Soros: Facebook And Google A ‘Menace’ To Society And ‘Obstacles To Innovation’
Soros: Facebook And Google A ‘Menace’ To Society And ‘Obstacles To Innovation’ The Business Insider posted on Fri 26 Jan 2018 Permalink Print The billionaire investor and philanthropist George Soros has launched a blistering and multipronged attack on Facebook and […]
Provident Financial Caught In The Middle Of Fund Manager Battle Royale
(City A.M) Troubled doorstep lender Provident Financial is at the centre of a power struggle between some of Britain’s most revered fund managers. Mayfair stalwart Lansdowne Partners is leading the charge for short sellers. To read this article:
Cryptocurrencies are ‘Tulip Bulbs For The Digital Age
(CNBC) Seth Klarman, the value investing giant who draws comparisons to Warren Buffett, says he is not a believer in cryptocurrencies.”While we have long had our own concerns over the tendency of central bankers to debase paper currency by printing […]
SEC Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices
(HedgeCo.Net) The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC. OMWI created the Diversity Assessment Report to complement the Interagency Policy Statement Establishing Joint […]
Hedge Fund Wins Bid to Block Quant Fraudster’s Deportation
(Bloomberg) A London quant analyst convicted of stealing millions of pounds worth of secret algorithmic trading strategies has been stopped by his former employer, Trenchant Ltd., from being deported to China. Judge Antony Zacaroli ruled that Ke Xu must surrender […]
Investing in the Age of FOMO Is Hard
(Bloomberg) Great bull markets are the easiest time for money managers, right? Actually, not for most professionals, who are generally most comfortable looking for — and finding — value in times of stress. In reality, the current environment poses a […]