Actelion's silence has hedge funds betting big on J&J deal
ZURICH, Dec 2 (Reuters) - Actelion's silence speaks volumes to the dozens of event-driven hedge funds piling into the Swiss biotech firm, betting that Johnson & Johnson's (J&J) approach will result in an outright takeover and handsome returns. A source ...
Trump attends "Villains and Heroes" costume party dressed as...himself
Robert Mercer, the billionaire at whose mansion on Long Island's tony North Shore the party was held, is co-chief executive of Renaissance Technologies, a hedge fund. Daughter Rebekah Mercer sits on Trump's transition team. Trump is in the midst of ...
UK hedge funds need a hard-Brexit contingency plan
One solution would be for UK hedge fund managers to establish a presence in an EU country. By doing so, the managers can continue to be EU managers, even after Brexit is completed. This would allow them to have continued access to the AIFMD passport.
UK alternative managers will lose access to the AIFMD passport, warns Sean Tuffy
Don’t get spooked out of Italian assets if the country rejects Sunday’s vote on constitutional reforms. Use it as a buying opportunity instead, J.P. Morgan’s chief European strategist says.
'UK's economic troubles GREATLY exaggerated' Finance expert BASHES Brexit scaremongering
... hedge fund proves scaremongering was way off the mark. Silicon Valley based firm Quantiacs, which connects systematic trading strategies with capital from institutional investors, says their data which was studied from 1990 to date proves the “UK's ...