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World’s Top Macro Hedge Fund Surges 47% After Big Stock Bets →  November 16, 2017

This year’s return is “dominated by equities, which benefited from a host of Goldilocks conditions,” Li said, citing “more widespread, robust and sustainable global economic growth, in particular boosting equities in U.S., China, Japan, Switzerland and Eurozone.” Article source: https://www.bloombergquint.com/business/2017/11/15/world-s-top-macro-hedge-fund-crushes-competitors-with-47-gain

World’s Top Macro Hedge Fund Surges 47% After Big Stock Bets →  November 16, 2017

This year’s return is “dominated by equities, which benefited from a host of Goldilocks conditions,” Li said, citing “more widespread, robust and sustainable global economic growth, in particular boosting equities in U.S., China, Japan, Switzerland and Eurozone.” Article source: https://www.bloombergquint.com/business/2017/11/15/world-s-top-macro-hedge-fund-crushes-competitors-with-47-gain

World’s best macro fund surges 47% this year →  November 16, 2017

As macro hedge funds worldwide shape up as the industry’s worst performers this year, Singapore’s PruLev Global Macro Fund is surging ahead with a 47 percent gain. The fund’s 2017 surge through October has made it the world’s best performer among macro rivals with assets of more than $100 million, according to data provider Eurekahedge Pte. The […]

What Is Ripple? →  November 16, 2017

Credits: istock.com/allanswart What You Need to Know While the world and its brother is going gaga over Bitcoin, a little-known challenger is making waves among banks and financial institutions. These institutions have the analytical knowledge to see beyond the hype surrounding Bitcoin, but they are not blind to the potential of digital currencies. In fact, […]

Tamara Ecclestone transforms swimming pool into ball pit →  November 15, 2017

Tamara Ecclestone has defended herself against trolls who branded her gilded lifestyle ‘vulgar and disgusting’, as she insisted on Wednesday’s Loose Women: ‘It might seem extreme but it’s my life’. The 33-year-old, who is preparing for the long-awaited launch of her ITVBe reality show Tamara’s World on Wednesday night, lashed out at the criticism just […]

Shareholders take aim at Murdochs with Fox voting rights push →  November 15, 2017

NEW YORK (Reuters) – A shareholder proposal calling for Twenty-First Century Fox Inc to do away with its dual-class share structure may inflict a symbolic black eye on the media company’s founder Rupert Murdoch and his family at its annual meeting on Wednesday. Strong fund manager support for the measure, which is advisory and would […]

State of New Jersey Common Pension Fund D Has $23.06 Million Stake in Sunoco Logistics Partners LP (ETP) →  November 15, 2017

State of New Jersey Common Pension Fund D increased its holdings in shares of Sunoco Logistics Partners LP (NYSE:ETP) by 136.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities Exchange Commission. The firm owned 1,260,550 shares of the pipeline company’s stock after buying an additional 727,600 […]

State of New Jersey Common Pension Fund D Sells 10000 Shares of Ingredion Inc (NYSE:INGR) →  November 15, 2017

State of New Jersey Common Pension Fund D reduced its stake in shares of Ingredion Inc (NYSE:INGR) by 4.8% during the third quarter, according to the company in its most recent disclosure with the Securities Exchange Commission. The institutional investor owned 200,000 shares of the company’s stock after selling 10,000 shares during the quarter. State […]

Big investors will soon adopt bitcoin, says hedge fund legend →  November 15, 2017

Billionaire hedge fund legend and former Fortress executive Mike Novogratz said mainstream institutional investors are about six to eight months from adopting bitcoin, Reuters reports. “The institutionalization of this space is coming. It’s coming pretty quick,” he said. Novogratz said he expects major financial firms will soon start to offer bitcoin or similar products as […]

UK Hedge Fund Eyes Cryptocurrencies On Heels of CME Futures Plan →  November 15, 2017

The CEO of the Man Group, a major U.K.-based hedge fund, is reportedly eyeing an entry into the cryptocurrency space in light of a pending derivatives product launch by CME Group. According to Reuters, CEO Luke Ellis indicated that if the CME proceeds with its plans to list a bitcoin futures contract – possibly as […]

Ripple Price Forecast: XRP Builds Strength at Secret Meeting of Central Bankers →  November 15, 2017

Until this morning, few people knew that Ripple would host a private summit of central bank officials at Carnegie Hall in New York City. It’s hard to believe Ripple news of that magnitude can fly beneath the radar, but that’s what happened. If you believe that blockchain technology means the end of traditional banking (as […]