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Hedge Fund Investors Plan to Chase Returns in Emerging Markets →  February 23, 2018

(Bloomberg) For hedge fund investors, emerging markets are the place to be. About 33 percent of institutional investors plan to give more capital to emerging-market strategies this year, according to a JPMorgan Chase Co. survey released Thursday. Approximately 20 percent expect to increase allocations to event-driven and quantitative-equity funds, while about 10 percent will devote […]

Litecoin Price Forecast: Will LTC Price Rout After LitePay Launch? →  February 24, 2018

Daily Litecoin News Update We identify a pattern developing in crypto prices as crypto markets recover on Friday after a two-day slump. Prices seem to be following a routine here, whereby prices drop around mid-week and then begin to reverse their fall toward the end of the week. Later, a splendid rally follows on the […]

Trump suggests cop who hid from Florida gunman a ‘coward’ →  February 23, 2018

The campus cop who failed to intervene when Nikolas Cruz started murdering his classmates at Marjory Stoneman Douglas High School last week ‘didn’t love the children,’ President Donald Trump accused on Friday. At a White House news conference, Trump ripped the former resource officer, Scot Peterson for a third time, having earlier suggested he was […]

China seizes control of Anbang Insurance as chairman prosecuted →  February 23, 2018

BEIJING/SHANGHAI (Reuters) – The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd and said its chairman had been prosecuted, dramatically illustrating Beijing’s willingness to curtail big-spending conglomerates as it cracks down on financial risk. Anbang [ANBANG.UL] had violated laws and regulations which “may seriously endanger the solvency of the company”, the […]

Stocks Rise as Traders Weather Higher Bond Yields: Markets Wrap →  February 23, 2018

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. Article source: https://www.bloombergquint.com/markets/2018/02/22/asian-stocks-set-to-edge-higher-dollar-slides-markets-wrap

Oasis Hedge Fund Boss Bets on Japan’s Pro Gaming Scene →  February 23, 2018

But in Japan, that wasn’t possible due to unique laws that prevent cash prizes in competitions, making it illegal to hold the kind of large, paid tournaments that attract big audiences. The industry’s solution, unveiled this month, is to issue licenses to exempt professional video game players from the laws, similar to Japan’s approach to […]

Greenlight Capital’s David Einhorn Says Hedge Fund Has ‘Never Underperformed Like This’ →  February 23, 2018

(CNBC) David Einhorn’s Greenlight Capital suffered its worst performance ever relative to the SP 500 last month. “As the market shifted from ‘grind-up’ to ‘straight-up’ in January, our long portfolio only rose about half of SP 500, while our short portfolio more than doubled the index,” Einhorn said on a conference call Wednesday. Shorts refer […]

Hedge Fund Investors Plan to Chase Returns in Emerging Markets →  February 23, 2018

(Bloomberg) For hedge fund investors, emerging markets are the place to be. About 33 percent of institutional investors plan to give more capital to emerging-market strategies this year, according to a JPMorgan Chase Co. survey released Thursday. Approximately 20 percent expect to increase allocations to event-driven and quantitative-equity funds, while about 10 percent will devote […]

How & Where to Buy Venezuelan Petro Cryptocurrency (PTR) And More Facts To Know →  February 23, 2018

What Is Petro (PTR) Cryptocurrency? Petro (PTR) is the latest coin to join the cryptocurrency bandwagon. It’s the world’s first sovereign cryptocurrency as it will be produced and controlled by the Venezuelan government. Though it was announced in December 2017, it was officially launched on February 20, 2018. “Petro is born and we are going to […]

Trump claims ‘attacks would end’ by arming teachers →  February 22, 2018

President Donald Trump doubled down on his controversial proposal to give teachers concealed carry permits on Thursday afternoon, saying as many as 40 percent of educators could be toting guns in some schools. Beefing up the proposal to arm teachers that was rejected yesterday by one of the most conservative senator’s in his party, Trump said […]

Exclusive: As Trump trashes NAFTA, Mexico turns to Brazilian corn →  February 22, 2018

CHICAGO/MEXICO CITY (Reuters) – Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low […]