Pimco Quants Find Stocks Need a Better Hedge Than Just Bonds
(Bloomberg) The old recipe of using bonds to hedge against risks from equity holdings may not be a winner anymore, and investors would be better off with a more complex approach that relies on multiple...
View ArticleBrent Crude Tries New Trading Range As Funds Stay Bullish
(Reuters) Hedge funds have added to bullish positions in oil and most refined products even as prices hit their highest since 2015, in a sign investors expect prices to move into a higher range. Hedge...
View ArticleAustraliaâs Westpac Was A Lead Actor In Rates Rigging, Regulator Tells...
(Reuters) The Australian corporate regulator accused Westpac Banking Corp (WBC.AX) of playing a leading role in the widespread manipulation of an important financial trading rate as it took the...
View ArticleBritainâs Taxman Wants to Make Money From MiFID
(Bloomberg) Banks and money managers are waiting to hear if one of lifeâs certainties — taxes — will apply to investment research payments under MiFID II. As the clock ticks down to the Jan. 3 start...
View ArticleEx-Third Point Partnerâs Bond Trades Focus of SEC Probe
(Bloomberg) U.S. regulators are investigating whether a top trader who left Dan Loebâs Third Point hedge fund earlier this year contributed to the mispricing of hard-to-value mortgage bonds, two...
View ArticleConnecticut Hedge Fund Manager Pleads Guilty To âPonzi-Likeâ Scheme
(FINalternatives) A Connecticut man has pled guilty to charges he operated a âponzi-likeâ scheme to defraud investors in hedge fund Sentinel Growth Fund Management.read more...
View ArticleCol. Jessup, Managed Futures, and Code Red For Liquidity
(Harvest) As we approach year-end, it is a good time to think about liquidity and exit strategies from current allocations. Many alternative investments are just not liquid when you need it, even if it...
View ArticleHedge Funds Wrong-Footed On Sugar Bets, Cautioned Over Cattle
(Agrimoney) Hedge funds extended bearish bets on agricultural commodities, helped by a record net short in arabica coffee, and selling in sugar which is looking like a strategy in which they are piling...
View ArticleStone Harbor Unveils Unconstrained Emerging Markets Debt Strategy
(FINalternatives) Fixed income specialist Stone Harbor Investment Partners has debuted a new unconstrained emerging markets debt strategy driven by fundamental analysis and complemented by top-down...
View ArticleHermes: Only 48% Of Investors Believe ESG Focus Improves Long-Term Returns
(FINalternatives) Less than half of institutional managers surveyed as part of Hermes Investment Managementâs annual Responsible Capitalism study believe companies that focus on environmental, social...
View ArticleCanyon Bridge Founder Chow Charged With Insider Trading
(FINalternatives) U.S. authorities have charged the founder of a private equity firm backed by a Chinese state-run fund with insider trading related to the attempted acquisition last year of Lattice...
View ArticleBehind Credit Suisseâs $1 Billion Lehman Fight, a Risky Trade
(Bloomberg) Three years into the bankruptcy of Lehman Brothers, Credit Suisse Group AG made a bold move. It was around 2011 and most of its peers were settling claims that Lehman owed them billions of...
View ArticleJailed Hedge Fund Head Is Star Witness in Amanat Fraud Trial
(Bloomberg) Disgraced hedge fund founder Steven Maiden is set to testify Wednesday against two former business associates who stand accused of manipulating shares in the video-software company KIT...
View ArticleMillennium Settles Charges of Illegal Short Selling in Advance of Stock...
(HedgeCo.Net) Investment advisory firm Millennium Management LLC has agreed to pay more than $630,000 to settle charges that it shorted U.S. stocks in companies planning follow-on offerings and then...
View ArticleEuropeâs Biggest Fund Managers Set for Face-Off on How to Trade the Pound
(Bloomberg) Some of Europeâs biggest fund managers are set for a face-off on how best to trade the U.K.âs first potential interest-rate increase in a decade. Allianz Global Investors GmBH is...
View ArticleDavid Einhorn Wraps Up a âVery Challengingâ Last Few Days Because...
(CNBC) David Einhorn’s Greenlight Capital gained 6.2 percent in the third quarter, compared with the more than 14 percent rise in the S&P 500.The hedge fund is one of General Motors’ biggest...
View ArticleNet Shorts on US Bonds Rise Ahead of Fed Chair Pick
(Reuters) The margin of investors who said they had fewer longer-dated Treasuries than their benchmarks over those who held more longer-dated bonds than their benchmarks increased in the latest week,...
View ArticleAckmanâs Pershing Square Turns To Options For Herbalife Position
(FINalternatives) Famed activist hedge fund manager Bill Ackman has converted his beleaguered short position in nutritional supplement maker Herbalife into put options that cap his potential losses on...
View ArticlePreqin: Private Capital Firms Adding Staff, Raising Salaries
(FINalternatives) The vast majority of private capital firms have added to headcount since last year, according to new research from Preqin, while two-thirds expect to increase staff next year – and...
View ArticleOdey Notes Market-Calls Record âNot Good,â Makes Another One
(Bloomberg) Stock markets are ânow starting to go hyperbolic,â a sign that time is running out and a bubble is developing, London-based hedge fund manager Crispin Odey said in a letter to...
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