→ Subscribe

Turkey doubles tariffs on some U.S. imports; lira rallies →  August 15, 2018

ISTANBUL (Reuters) – Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after the central bank’s liquidity moves had the effect of supporting the currency. Ankara acted amid increased tension between the two NATO allies over Turkey’s detention of a […]

Turkey doubles tariffs on some U.S. imports; lira rallies →  August 15, 2018

ISTANBUL (Reuters) – Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after the central bank’s liquidity moves had the effect of supporting the currency. Ankara acted amid increased tension between the two NATO allies over Turkey’s detention of a […]

Wierzycka swings 180° on hedge funds, slams them as fee racket →  August 15, 2018

South African money manager Sygnia [JSE:SYG] closed all its hedge-fund products, ending a 13-year history with an investment strategy its chief executive officer now calls a ruse to pocket fees. “Once you know that the emperor has no clothes you cannot in good conscience support what has become a management-fee racket,” Chief Executive Officer Magda […]

Spotify’s $8 Billion Rally Is Attracting Loads of Hedge Funds →  August 15, 2018

Spotify Technology SA, the music-streaming company that’s gained 47 percent since its April debut, attracted a number of prominent hedge funds in the second quarter. Philippe Laffont’s Coatue Management, George Soros’s Soros Fund Management and Louis Bacon’s Moore Capital Management were among funds that held the stock as of June 30, according to filings released […]

Sears CEO’s hedge fund offers to buy Kenmore brand for $400 million →  August 15, 2018

<!– –> MENUSearch Retail A hedge fund owned by the chief executive of Sears, Edward Lampert, has offered to buy the company’s Kenmore appliances brand for $400 million in cash, Sears said in a regulatory filing on Tuesday. ESL Investments also made an offer to buy the Home Improvement business of the company’s home services […]

US sanctions on Iran may push oil prices above $150: Hedge funds →  August 15, 2018

Upcoming US sanctions on Iran’s energy sector, which snap back on November 4, could push oil prices above $150 a barrel from around $75 now, prominent hedge funds have warned. US President Donald Trump has said that Saudi Arabia’s ruler King Salman had agreed to soon raise oil output by up to 2 million barrels […]

CARA Stock Will Soar to New Heights If This Happens →  August 15, 2018

iStock.com/noipornpan With CARA Stock, Patience Is a Virtue The biotechnology sector can be lucrative for investors. Many of the companies that populate this sector offer incredible upside potential. Just as many have led by example. So much hangs in the balance whether or not new innovative drug treatments are approved by the U.S. Food Drug […]

Genoa bridge collapse: Dozens feared dead in ‘apocalyptic scene’ →  August 14, 2018

A bridge that collapsed killing at least 35 people in the Italian city of Genoa was almost certainly brought down by a fatal flaw in its construction or wear and tear inspectors missed, experts say. A huge 260ft section of the 50-year-old Morandi bridge gave way about 11.30am on Tuesday as the arterial highway west […]

Home Depot second-quarter sales bounce back, results top estimates →  August 14, 2018

(Reuters) – Home Depot Inc’s (HD.N) profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes. The No. 1 U.S. home improvement chain also raised its earnings and revenue forecasts for […]

Barclay Hedge Fund Index up 0.54 per cent in July →  August 14, 2018

Tue, 14/08/2018 – 08:54 Tags : Results performance Funds Indexes Article source: https://www.hedgeweek.com/2018/08/14/267385/barclay-hedge-fund-index-054-cent-july

New Study Finds Hedge Funds Are Investing in Crypto Markets at a Surprising Pace →  August 14, 2018

by Chris Madill A new study into the crypto market finds that institutional investment from hedge funds is increasing at a dramatic pace The crypto market may be following a consistent bearish trend in 2018 but new research finds institutional investment from hedge funds is hitting record numbers, indicating big financial firms are seeing potential […]