Fidelity bullish on bank stocks
Fidelity portfolio manager Will Danoff is bullish on bank stocks.
Danoff's Fidelity Contrafund is one of Wells Fargo's...
NoLa suspends hedge fund search
The New Orleans City Employees' Retirement System suspended its search for an opportunistic credit and/or opportunistic hedge...
Kyle Bass stands firm on his right to challenge drug patents, short stocks
Hedge fund investor Kyle Bass says he makes money from drugs the old fashioned way. He challenges...
Video: China continues yuan devaluation
China swears the yuan isn't in free fall, but the People's Bank of China devalued the currency...
Daily Scan: Oil sinks to 6-year low; stocks, Treasurys drift lower
August 13
Stocks drifted lower toward the close as oil touched a six-year low (paywall). Light sweet crowd dropped...
C2FO raises $40 million from Temasek, other investors
It looks like hedge funds aren’t the only ones jonesing for a slice of that FinTech pie.
FinTech...
Chris Rokos to launch $3 billion macro fund
Chris Rokos, arguably one of the most respected global macro traders from Brevan Howard, is reportedly gearing up...
Tiger Global gorges on Chinese shares
Apparently, Chase Coleman really likes China.
Forbes reports that the multi-billionaire Tiger cub has over 20% of his...
Emerging Markets Winners and Losers: Q2 2015
Following positive performance in the first quarter, emerging markets (EM) came under pressure from macroeconomic factors in...
Daily Scan: World markets rally; Tianjin explosions leave 44 dead
August 13
Good evening everyone. After successfully soothing the markets with an extremely rare press conference, the PBOC...
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