<![CDATA[Hedgehogs.net: Alex Akesson's news channel - Hedge Fund News]]> http://www.hedgehogs.net/pg/newsfeeds/AlexAkesson/feed/7712039/hedge-fund-news?offset=825 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711039/stock-trader-charged-in-insider-trading-ring Tue, 12 Dec 2017 09:46:39 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711039/stock-trader-charged-in-insider-trading-ring <![CDATA[Stock Trader Charged in Insider Trading Ring]]>

(HedgeCo.Net) The Securities and Exchange Commission today charged a former day trader with making more than $1 million in illegal insider trading profits as part of a ring that allegedly stole confidential information from investment banks and clients so they could trade in advance of secondary stock offerings.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711038/risk-market-outlook-2018-time-to-reexamine-risk Tue, 12 Dec 2017 09:45:35 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711038/risk-market-outlook-2018-time-to-reexamine-risk <![CDATA[Risk market outlook 2018 â Time to re-examine risk?]]>

(Hedgeweek) After almost a decade of weak inflation and low or even negative interest rates, some of the world’s central banks are actively pursuing a return to conventional monetary policy. With macroeconomic change, however, will come tests that may no longer feel familiar.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711037/a-hedge-fund-giant-found-lots-of-value-in-failure Tue, 12 Dec 2017 09:44:32 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711037/a-hedge-fund-giant-found-lots-of-value-in-failure <![CDATA[A Hedge Fund Giant Found Lots of Value in Failure]]>

(Bloomberg) By any conceivable measure, Ray Dalio, head of Bridgewater Associates LP, is a wild success. The founder of the world’s largest hedge fund with $160 billion in assets under management is one of the world’s 100 wealthiest people; the firm he built has been called the fifth most important private company in America; his new book “Principles: Life and Work” is a New York Times best seller. Given all of these accomplishments, it is surprising to learn what Dalio attributes the secret of his success: Failure.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711036/chinese-regulator-cracks-down-on-booming-hedgefund-industry Tue, 12 Dec 2017 09:43:28 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711036/chinese-regulator-cracks-down-on-booming-hedgefund-industry <![CDATA[Chinese Regulator Cracks Down on Booming Hedge-Fund Industry]]>

(Bloomberg) China’s securities regulator is cracking down on the fast-growing hedge-fund industry, investigating 10 cases of alleged wrongdoing. Officials are probing private fund practices including market manipulation, misappropriation of client funds, insider trading and trading by managers using their personal accounts, the China Securities Regulatory Commission said in a statement on its website Friday. Some funds used the Hong Kong-Shanghai stock connect to manipulate prices and some employees sought personal gain by exploiting the hedging mechanism for stock index futures, it said.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711035/hedge-fund-manager-trump-asked-me-if-amazon-is-a-monopoly Tue, 12 Dec 2017 09:42:25 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711035/hedge-fund-manager-trump-asked-me-if-amazon-is-a-monopoly <![CDATA[Hedge Fund Manager: Trump Asked Me If Amazon Is A Monopoly]]>

(CNN) Hedge fund billionaire Leon Cooperman of Omega Advisors, in a television interview on CNBC Thursday, spoke of a comment he says Trump made to him about Amazon at a White House dinner with business executives last summer.”Twice he asked me if I thought Amazon was a monopoly,” Cooperman said. “I said, ‘No Mr. President I don’t think it is. I think they’ve out executed people and done a very good job.”

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711034/banks-could-take-a-44bn-hit-from-new-reforms-and-traders-will-bear-the-brunt Tue, 12 Dec 2017 09:41:21 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711034/banks-could-take-a-44bn-hit-from-new-reforms-and-traders-will-bear-the-brunt <![CDATA[Banks Could Take a $4.4bn Hit From New Reforms â And Traders Will Bear the Brunt]]>

(The Business Insider) Global investment banks are going to see their revenues in Europe chopped by $4.4 billion from the new financial reforms that start to go live in January, according to a new report. Trading desks will bear the brunt of the losses. Banks generate about $170 billion in revenues from corporate and investment banking (CIB) operations in Europe, the Middle East, and Africa region — EMEA — but the broad and complex European regulatory reforms known as MiFID II are expected to trim that figure by 2.6%, according to Coalition, an industry analytics and consulting firm.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711033/glenmede-investment-management-adds-to-small-midcap-team Tue, 12 Dec 2017 09:40:18 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711033/glenmede-investment-management-adds-to-small-midcap-team <![CDATA[Glenmede Investment Management Adds To Small & Mid-Cap Team]]>

(Opalesque) Glenmede Investment Management LP (GIM), a privately owned, independent investment management firm, today announced the appointment of Jordan Irving as a portfolio manager on its Small & Mid Cap Equity team. Irving joins long-term GIM portfolio managers Robert Mancuso and Christopher Colarik in the management and oversight of all Small Cap Equity and Mid Cap Equity portfolios.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711032/alternative-investment-industry-sees-investment-in-cryptocurrencies-as-highly-speculative Tue, 12 Dec 2017 09:39:14 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711032/alternative-investment-industry-sees-investment-in-cryptocurrencies-as-highly-speculative <![CDATA[Alternative Investment Industry Sees Investment In Cryptocurrencies As Highly Speculative]]>

(Opalesque) In the eight years since bitcoin was created the cryptocurrency has gone from being an obscure concept familiar only to technology specialists, to something that is now part of the American vernacular. And with some industry experts predicting that bitcoin will pass the $10,000 mark before year end; the Bank for International Settlements acknowledging that the world’s central banks will soon have to decide whether or not to issue digital currencies of their own as an alternative to cash; and banks around the world scrambling to find ways to take advantage of bitcoin’s unique blockchain ledger system to secure financial transactions, it is clear that bitcoin and cryptocurrencies are going to have a lasting impact on the financial world.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711031/traders-and-bankers-will-get-some-of-their-bonuses-in-bitcoin Tue, 12 Dec 2017 09:38:11 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711031/traders-and-bankers-will-get-some-of-their-bonuses-in-bitcoin <![CDATA[Traders And Bankers Will Get Some Of Their Bonuses In Bitcoin]]>

(New York Post) Wall Street is unveiling the bitcoin bonus for employees. Banks and brokerages will show them the money — wads and wallets of bitcoins and cryptocurrencies to digitally juice big year-end payouts of hard cash and deferred stock awards to traders and bankers, Wall Street insiders claim.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711030/capturing-housing-appreciation-with-muni-bonds Tue, 12 Dec 2017 09:37:07 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711030/capturing-housing-appreciation-with-muni-bonds <![CDATA[Capturing Housing Appreciation With Muni Bonds]]>

(Harvest) David Hammer, head of municipal bond portfolio management, discusses how a robust U.S. housing market may create opportunities for investors. The U.S. housing market offers attractive opportunities for muni bond investors, but rigorous credit selection is key to finding the right bonds at the right price.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711029/no-signal-of-tightening-trend-says-stay-the-course-with-risky-assets Tue, 12 Dec 2017 09:36:04 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711029/no-signal-of-tightening-trend-says-stay-the-course-with-risky-assets <![CDATA[No Signal of Tightening. Trend Says Stay the Course With Risky Assets]]>

(Harvest) The Fed has become more focused on financial market conditions since the Financial Crisis. There is less interest in the classic goal of managing full employment since by many measures we may beyond the natural rate of full employment, and there is admitted confusion on how to control inflation.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711028/hedge-fund-performance-slipped-in-november Tue, 12 Dec 2017 09:35:00 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711028/hedge-fund-performance-slipped-in-november <![CDATA[Hedge Fund Performance Slipped in November]]>

(Bloomberg) Hedge funds slipped in November, losing about 0.1 percent on average, even as the broader stock market rose, according to a report Thursday by Hedge Fund Research. The drop brought returns for the year through November to about 6.1 percent on an asset-weighted basis. The industry trailed the S&P 500 Index, which jumped more than 20 percent, with dividends reinvested, in that time.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711027/goldman-traders-are-caught-up-in-a-bizarre-tense-hedge-fund-battle Tue, 12 Dec 2017 09:33:57 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711027/goldman-traders-are-caught-up-in-a-bizarre-tense-hedge-fund-battle <![CDATA[Goldman Traders Are Caught Up in a Bizarre, Tense Hedge Fund Battle]]>

(Bloomberg) In a year of missteps across its trading business, Goldman Sachs finds itself in a dicey situation again. This time, the bank’s credit trading desk is caught in the middle of a raging battle among hedge funds over the debt of big U.S. homebuilder Hovnanian Enterprises Inc.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711026/exbluecrest-team-to-open-over-200-million-hedge-fund Tue, 12 Dec 2017 09:32:53 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711026/exbluecrest-team-to-open-over-200-million-hedge-fund <![CDATA[Ex-BlueCrest Team to Open Over $200 Million Hedge Fund]]>

(Bloomberg) A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Management began trading with internal money and capital from an anchor institutional investor on Dec. 1, the person said, speaking on condition of anonymity because the information hasn’t been publicly disclosed. The Hong Kong-based firm is led by Chief Investment Officer James Chen, who had headed the Asia equities team at BlueCrest, the investment firm led by billionaire Michael Platt.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711025/relying-on-advice-from-scientists-has-really-paid-off-for-this-hedge-fund Tue, 12 Dec 2017 09:31:50 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711025/relying-on-advice-from-scientists-has-really-paid-off-for-this-hedge-fund <![CDATA[Relying on Advice From Scientists Has Really Paid Off for This Hedge Fund]]>

(Bloomberg) Relying on advice from scientists has paid off for a Swedish hedge fund focused on the health industry. Rhenman Healthcare Equity L/S is the top performing hedge fund in the Nordics this year with a 32 percent return, according to the website HedgeNordic. “We are more long term than many other investors,” Henrik Rhenman, partner and portfolio manager, said by phone on Tuesday. “The Scientific Advisory Board makes us invest more than we would’ve otherwise dared to.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711024/whitbread-jumps-after-hedge-fund-sachem-head-declares-stake Tue, 12 Dec 2017 09:30:46 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711024/whitbread-jumps-after-hedge-fund-sachem-head-declares-stake <![CDATA[Whitbread Jumps After Hedge Fund Sachem Head Declares Stake]]>

(Reuters) Whitbread shares jumped more than 7 percent on Wednesday after U.S.-based hedge fund Sachem Head Capital Management declared a 3.4 percent stake in the British hotel and coffee chain operator. Whitbread, owner of Costa Coffee and Premier Inn, has been the subject of break-up speculation in the past. Sachem Head has previously taken activist positions at companies, though it is unclear whether it will push for changes at the FTSE-100 leisure giant.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711023/broker-charged-with-defrauding-investors Tue, 12 Dec 2017 09:29:42 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711023/broker-charged-with-defrauding-investors <![CDATA[Broker Charged With Defrauding Investors]]>

(HedgeCo.Net) The Securities and Exchange Commission charged a registered representative in Pennsylvania with operating a long-running offering and investment advisory fraud.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711022/iss-recommends-investors-reject-tci-proposal-to-oust-lse-chairman Tue, 12 Dec 2017 09:28:38 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711022/iss-recommends-investors-reject-tci-proposal-to-oust-lse-chairman <![CDATA[ISS recommends investors reject TCI proposal to oust LSE chairman]]>

(Reuters) Institutional Shareholder Services, the influential investor advisory group, has recommended London Stock Exchange investors reject a resolution from activist hedge fund TCI calling for the immediate removal of chairman Donald Brydon.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711021/a-hedge-fund-vet-makes-contrarian-call-on-credit Tue, 12 Dec 2017 09:27:34 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711021/a-hedge-fund-vet-makes-contrarian-call-on-credit <![CDATA[A Hedge Fund Vet Makes Contrarian Call on Credit]]>

(Institutional Investor) Mariner Investment Group chief investment officer Bill Michaelcheck says its multistrategy hedge fund has moved out of credit and into rates….Michaelcheck…who founded Mariner in 1992… is expecting upheaval in the fixed income markets now that the Federal Reserve and other central banks are starting to sell the $14 trillion in securities that they’ve bought as part of quantitative easing policies since the financial crisis.

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http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711020/amazon-may-be-getting-ready-to-go-on-a-digital-media-buying-spree Tue, 12 Dec 2017 09:26:30 +0000 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11711020/amazon-may-be-getting-ready-to-go-on-a-digital-media-buying-spree <![CDATA[Amazon May Be Getting Ready To Go On A Digital Media Buying Spree]]>

(The Business Insider) Does Jeff Bezos want some digital media under his tree? A recent job posting may serve as the Amazon mogul’s list for Santa. Amazon is seeking a Corporate Development Senior Manager who will be charged with managing and executing acquisitions across the company, according to a LinkedIn post. “There will be a particular emphasis on supporting transactions in the digital media, digital products and emerging technology sectors,” reads that posting.

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