Monthly Archives: March 2019

(ETF Trends) Earlier this year, the International Monetary Fund (IMF) lowered its global growth forecast, pointing to ongoing trade wars dampening China’s economic outlook as well as rising interest rates in the United States. The IMF trimmed its growth expectations […]

(Bloomberg) Ilana Weinstein, IDW Group founder and chief executive officer, discusses the landscape for hedge funds with Bloomberg’s Vonnie Quinn and Katia Porzecanski on “Bloomberg Markets.” To read this article:

(Hedgeweek) Franklin Templeton Investments Canada has launched the Franklin K2 Alternatives Fund to provide investors with access to alternatives investments in a mutual fund format. The fund uses a multi-strategy approach in seeking to dampen volatility and offer downside protection, […]

(eFinancial) Brad Kurtzman is leaving Deutsche Bank. Kurtzman was Deutsche’s co-head of equities in the Americas and the global co-head of equity trading globally. In a memo sent last week, Deutsche Bank head of equities Peter Selman said Kurtzman will […]

(New York Post) An activist investor is probing whether hedge funds are using a controversial stock-trading tactic to tip the vote in favor of pharma giant Bristol-Myers Squibb’s $74 billion deal to buy rival Celgene, The Post has learned. Starboard […]

(Hedgeweek) Hedge funds returned an average of +1.27 per cent in February, according to the just-released eVestment February 2019 hedge fund return data, building on a strong January to bring year-to-date (YTD) performance to +4.55 per cent.The contrast to 2018’s […]

(eFinancial) A Point72 portfolio manager who has spent his last 20 years with the firm has resigned and is headed to Millennium Management. Emilio Masci, formerly of EverPoint Asset Management, a long/short equity division of Point72, is set to start […]

(City A.M) The likelihood of a fall in GDP in two successive quarters spiked to 73 per cent from just 24 per cent in December, according to a report from economists at Swiss bank UBS. A week ago, the risk […]

(Bloomberg) Ken Griffin’s flagship multi-strategy funds gained in February and they weren’t alone. Many of the hedge fund industry’s biggest multi-manager firms advanced, with Citadel’s Kensington and Wellington rising 1 percent, according to a person with knowledge of the matter. […]

(Reuters) Hedge fund Odey Asset Management has launched a new commodities fund which, according to the Financial Times, has taken a short position in Rio Tinto’s giant Oyu Tolgoi copper mine in Mongolia. The Odey Concentrated Natural Resources Fund, which […]

(Reuters) – Daniel Loeb’s hedge fund Third Point LLC owns a small stake in Celgene Corp, betting that the proposed $74 billion sale of the biotechnology company to Bristol-Myers Squibb Co will be completed, a person familiar with the matter […]