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Hedge fund owner Paul Tudor Jones committed to fighting poverty →  June 17, 2018

While Wall Street takes its lumps for being too profit-driven, people on the Street are some of the most dedicated and generous do-gooders around. For every Bernie Madoff, there’s a Paul Tudor Jones. Jones, who runs the Tudor Investment Corp. hedge fund, created the Robin Hood Foundation in 1988, which is now New York’s largest […]

Dromeus launches new fund to invest in Greek commercial real estate →  June 18, 2018

ATHENS (Reuters) – Dromeus Capital, an emerging markets hedge fund firm, plans to invest 200 million euros ($231.82 million) in Greek commercial real estate through the launch of a new fund, taking advantage of undervalued properties, executives told Reuters on Monday. The new investment vehicle, the second Greece-focused fund launched by Dromeus, will seek to […]

Gary Shteyngart on How Hedge Funders See the World →  June 18, 2018

This week’s story, “The Luck of Kokura,” is about a hedge-fund trader who has left his wife and child—and a financial scandal—behind him in New York, fleeing the city by Greyhound bus. The story, which is excerpted from your forthcoming novel, “Lake Success,” opens as the trader wakes up in a former colleague’s Atlanta apartment. […]

ACBFF Stock: 3 Reasons Aurora’s Acquisitions Makes Sense →  June 18, 2018

iStock.com/eskymaks Aurora Stock Forecast One of the most aggressive marijuana companies in 2018 has been Aurora Cannabis Inc (OTCMKTS:ACBFF, TSE:ACB). The company has been buying up other businesses left and right, and is close to completing the biggest deal in the industry’s history. These moves, if they all pan out, are going to do wonders […]

Patrice Evra is branded sexist after applauding female footballer’s World Cup analysis →  June 17, 2018

England player Eni Aluko Evra appeared a pundit on ITV alongside Patrice Evra The female football ace gave a detailed analysis ahead of Costa Rica’s clash  Evra slowly clapped after she finished speaking and said it was ‘very good’   By Katie French For Mailonline Published: 21:32, 17 June 2018 | Updated: 22:02, 17 June 2018 […]

International fund managers turn to financials, tech as trade worries rise →  June 17, 2018

NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners. FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File PhotoFund managers from firms including […]

Hedge funds pick the wrong time to go big on gold as prices drop →  June 17, 2018

Money managers as of Tuesday pushed their wagers on a bullion rally to the highest in seven weeks. The next day, Federal Reserve policy makers signaled more interest-rate increases this year than earlier projected. Gold ended up posting a weekly loss as the dollar rallied. Bullion has been stuck in the doldrums for most of […]

Hedge fund owner Paul Tudor Jones committed to fighting poverty →  June 17, 2018

While Wall Street takes its lumps for being too profit-driven, people on the Street are some of the most dedicated and generous do-gooders around. For every Bernie Madoff, there’s a Paul Tudor Jones. Jones, who runs the Tudor Investment Corp. hedge fund, created the Robin Hood Foundation in 1988, which is now New York’s largest […]

The New Ireland Fund, Inc. (NYSE:IRL) Holdings Trimmed by City of London Investment Management Co. Ltd. →  June 17, 2018

City of London Investment Management Co. Ltd. lowered its holdings in shares of The New Ireland Fund, Inc. (NYSE:IRL) by 84.6% in the 1st quarter, according to its most recent 13F filing with the Securities Exchange Commission. The fund owned 16,600 shares of the financial services provider’s stock after selling 91,092 shares during the quarter. […]

Investors pick the wrong time to go big on gold →  June 17, 2018

By Luzi Ann Javier Hedge funds just mistimed their gold bets. Money managers as of Tuesday pushed their wagers on a bullion rally to the highest in seven weeks. The next day, Federal Reserve policy makers signaled more interest-rate increases this year than earlier projected. Gold ended up posting a weekly loss as the dollar […]

Marijuana News Today: Several Big-Name Pot Companies Top Short-Seller List →  June 17, 2018

iStock.com/PierceHSmith Marijuana News Today In the marijuana news today, we have grim tidings for the marijuana stock market. According to a new ranking released by The Globe and Mail, several big-name marijuana companies have landed on the newspaper’s short-sellers lists. (Source: “Short-sellers renew bearish bets on marijuana companies,” The Globe and Mail, June 15, 2018.) […]