Hedge Crunch FinancialThe Power of Compound Interest to Retire with $5 million
Watch this short video to discover how important it is to begin saving for retirement at an early age with consistent monthly payments to yourself. With regular savings that begin early, retiring a millionaire is not an impossible dream.
New Fund Launched by Former Bulgari SpA Head and Two Partners
Francesco Trapani, former CEO of the upscale Italian Jeweler Bulgari SpA, with Marco Taricco and Giuseppe Bivona, is launching the Bluebell Active Equity Fund on November 11. The fund will open with about 50 million euros ($55.7 million) under management. Taricco and Bovona founded Bluebell Partners together in London, while Trapani ran Bulgari for almost […]
Cryptocurrencies Gain Following Among Americans
According to a recent survey conducted by Finder, the number of Americans who own cryptocurrencies went up by 81% from 2018 to 2019. That translates to ownership in cryptocurrency by about 36.5 million Americans. In 2018 almost 8% of US citizens were owners of cryptocurrencies, but that number increased to 14.4% in 2019. The survey […]
Solel Partners Starts Trading with $600 Million AUM
Veteran traders Craig Peskin and Peter Fleiss, former Highfields Capital Management partners, launched Solel Partners with limited partner Jon Jacobson, founder of Highlands. Others with stakes in the new fund include foundations, endowments, and other high-wealth persons. The fund’s strategy as described in a report from Bloomberg includes value-oriented credit and equities. Reuters first announced […]
Hedge Fund Moving into Manhattan’s Newest and Chicest Office Building: Solar Carve Tower
The Solar Carve Tower, located at 40 10th Avenue along the High Line and overlooking the Hudson River, is filling its floors with tenants. One of its newest will be RTW Investments, a hedge fund investment firm with a focus on health care. RTW is no located not too far away, at 412 West 15th […]
Upcoming Trading Show
Next Wednesday 25th September the annual Trading Show will be held at New York City’s Hilton Midtown hotel. The exhibition is held each year for automated trading and exchange technologies, giving companies the opportunity to present their most recent developments. This includes: QA systems, market analysis systems, real-time financial systems, etc. Some individuals like to […]
August Great Month for Some Hedge Funds
According to Hedgeweek, the Eurekahedge Hedge Fund Index grew by 0.17 percent during the month of August. To date the fund was up by 6.58 percent. About 32.6 percent of hedge fund managers who are part of the index saw double-digit gains from January to August 2019. Other indexes that rose in value this year […]
Barron’s Likes Two Reinsurance Companies
According to financial journal Barron’s, two reinsurance companies, which are backed by major hedge funds, are good bets for investors. The recommendation is based on the fact that the companies’ share prices have not yet benefited from the reinsurance sector’s better pricing outlook. Barron’s stated that the two firms “trade well below book value and […]
Let’s Take a Look at 2019’s Best Performing Hedge Fund
So far 2019 has been kind to investors. So far, the S&P 500 index has grown by about 20%, a nice performance and hard to beat. But apparently not for three-year-old Singapore-based Vanda Global Fund. This hedge fund outperformed every other fund so far this year, skyrocketing by an awesome 278%! How were these results […]