Monthly Archives: January 2018

(Bloomberg) That’s the career path taken by former BlackRock Inc. bond specialists Michael Wong and Adam Grimsley who together with a third founder have set up Prime Factor Capital, a London hedge fund that will trade cryptocurrencies from April. While […]

(Reuters) More executives have departed BlueMountain Capital Management as the hedge fund posted disappointing results last year, two people familiar with the matter said on Wednesday.The latest to leave the $22 billion firm were Derek Smith, a partner and senior […]

(Reuters) Saudi Basic Industries Corp (SABIC) has agreed to acquire a 24.99 percent stake in Swiss specialty chemicals maker Clariant AG , SABIC said on Thursday, becoming the Swiss company’s largest shareholder. SABIC did not say how much it paid […]

(Harvest) Despite generally strong returns and improving economic conditions in the U.S. since the financial crisis, many investors remain mindful of the inherent risks in financial markets. Record low levels of volatility since the 2016 presidential election are enticing investors […]

(The Business Insider) Oaktree Capital founder Howard Marks threw cold water on the GOP tax reform in a new memo, questioning its long-term benefits and capacity to create new jobs. To read this article:

(Fox Business) Billionaire hedge fund manager Steven Cohen, who after years of toiling with the government during its crackdown on insider trading, is on the verge of making a big splash and return to public fund business, while shoveling wads […]

(Bloomberg) With swept-back silver hair and a prestigious résumé, James K. Glassman cuts the classic figure of a Washington wise man. He’s a former undersecretary of State, think-tank founder, and best-selling author, with a considered opinion on just about any […]

(Reuters) The top U.S. securities regulator on Tuesday rejected arguments by Rio Tinto Plc and two former top executives that its civil lawsuit claiming they concealed the plunging value of coal assets owned by the big Anglo-Australian mining company should […]

(New York Post) Hedge fund investors piled into equity strategies in 2017, but the tea leaves suggest that bet may not bode as well for them in 2018 as it did last year. “Historically this has been a bad sign […]

(Institutional Investor) Talk about alignment of interests.Ray Dalio’s Bridgewater Associates made another $300 million for its investors last year despite only eking out low, single-digit gains in its main Pure Alpha macro funds. This brings total net gains since the […]

(Alpha-Week) eVestment, a provider of hedge fund data and analysis, today published its December 2017 hedge fund asset flows report. Some of the key findings include: Investors removed an estimated $8.35bn from hedge funds in December, the industry’s lightest level […]

(Bloomberg) BBL Commodities LP, one of the world’s largest oil-focused hedge funds, believes Brent crude will climb to $80 a barrel this year as stockpiles drop rapidly on the back of production cuts made by OPEC and its allies. “We […]