Investment Strategy Arbitrage

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  • NEW YORK, June 14- Platinum Partners, the hedge fund firm linked to a New York City corruption scandal, is returning a majority of its assets to clients, according to a person familiar with the situation. New York- based Platinum told investors on a conference call on Tuesday that recent negative media attention and requests for the return of capital had forced it...

  • NEW YORK, June 1- Oil prices fell about 2 percent on Wednesday on bets for OPEC inaction as the group's crude output grows and on technical selling after facing strong resistance around the $50 a barrel level. Gulf OPEC members, including Saudi Arabia, were considering reviving the idea of coordinated oil output action by major producers, a senior OPEC source said.

  • BOSTON, May 18- Boaz Weinstein's hedge fund Saba Capital has been pulling in new money this year even as many rival investors are being asked to return cash to their clients. An anchor investor wrote a $70 million check in February while other clients have put in $20 million, the person said. To be sure Saba's assets are still far below its roughly $6 billion peak,...

  • LAUNCESTON, Australia, May 10- Copper is probably the best reality check right now for China's commodity markets, with the industrial metal showing why the recent surge in commodity prices was unjustified, but also why a collapse is not warranted. China's imports of unwrought copper fell sharply in April to 450,000 tonnes, down 21.1 percent from March's 570,000...

  • NEW YORK, May 9- Hedge fund manager David Einhorn has built a reputation on his ability to crater a company's stock. His prescient short calls such as Allied Capital and Lehman Brothers had been announced in previous years at the annual Sohn Investment Conference in New York. The same day that Einhorn spoke in New York, the chief investment officer for the...

  • *7 mln barrels of Forties amass in N Sea this month. LONDON, April 29- Dozens of tankers with unsold crude have been amassing at sea in the past few weeks, vividly reminiscent of 2015 when a recovery in oil prices was scuppered by rising physical supply. Even as the price rallied, U.S. crude inventories hit record highs, and cargoes of unsold oil linger in West Africa and...

  • LONDON, April 28- Everyone's talking about Chinese speculators. Both the Shanghai Futures Exchange and the Dalian Exchange are upping margin requirements and transaction fees to try and calm overheating contracts such as steel rebar and iron ore. But the current trading frenzy shouldn't distract from the growing global influence of China's domestic...

  • NEW YORK, April 13- Investing in Glacial Energy Holdings Inc should have been a disaster. By 2013, Texas utility regulators had fined Glacial $100,000 for overbilling customers and not disclosing that founder and Chief Executive Officer Gary Mole's previous energy venture had collapsed. Mole was forced to resign from the company's Texas subsidiary.

  • BOSTON/ NEW YORK, April 5- For hedge fund titan John Paulson, history may be repeating itself. The Paulson Partners fund, which bets on corporate events such as mergers, is down 7.7 percent in 2016 through February, according to a person familiar with the returns. The Paulson Advantage Plus Fund lost 11.24 percent in the first two months of the year.

  • NEW YORK, March 18- Paloma Partners, a $4- billion hedge fund that has spent much of the last three decades politely turning away would-be investors, is opening its doors, if only a crack to newcomers, three people familiar with the fund's plans said. Sussman, 69, is often called the hedge fund industry's grandfather who helped launch one of the world's biggest firms;...

  • NEW YORK, March 9- BlackRock Inc's chief investment officer of global fixed income, Rick Rieder, said on Wednesday his team cut a February position they held shorting, or betting against, the U.S. dollar while betting on Japanese yen appreciation. The BlackRock Strategic Income Opportunities Fund, a mutual fund managed by Rieder that enjoys wide latitude in...

  • LONDON, Feb 23- Note to global copper producers. If you have any surplus metal and you're not already doing so, please send it to China. But there is also no doubt that China is embarked on a massive stock-building exercise.

  • Heavy interventions by the central bank in recent months to steady the currency and deter speculators have raised questions about China's foreign exchange policy and threatened to slow Beijing's steady push to internationalise the "redback". One key factor is the attractiveness of arbitrage activities that allow firms to benefit from differences in...

  • NEW YORK, Feb 8- Wall Street villains are having their big moment on both television and the big screen. This is being reflected in the battle to be the next U.S. president, particularly as Hillary Clinton defends herself from accusations she will be soft on Wall Street because of the money she has received from bankers and hedge fund managers.

  • Why flash crash hit ETFs hard...

    The system needs to be fixed, says Joe Saluzzi, Themis Trading co-founder, discussing the role of high frequency trading on rapid moves in the market, and how some ETFs were burned by not making the correct price.

  • Consignment commerce: Allowing consumers to profit

    James Reinhart, ThredUP CEO & co-founder, discusses the online consignment space for second hand clothing, and the invaluable leadership and wisdom Netflix CEO Reed Hastings has provided. CNBC's Jon Fortt weighs in.

  • Hedge Funds Chase Greek Debt

    Hans Humes, Greylock Capital CEO, explains how to make money in Greece's bond buyback program.

  • Are Wacky ETFs Causing the Volatility?

    Scott Burns, Morningstar weighs in on whether levered ETFs are amplifying market volatility.

  • Are Wacky ETFs Causing the Volatility?

    Scott Burns of Morningstar weighs in on whether leveraged ETFs are amplifying market volatility.

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