Performance Round-Up II: Reflation trade, delta coronavirus variant impact hedge fund results in July

Some hedge funds, betting on the reflation trade by being short Treasury debt, suffered losses in June and July as [Read More]
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Senators Wyden and Whitehouse introduce The Ending the Carried Interest Loophole Act

Senator Ron Wyden (D-OR), chairman of the Senate Finance Committee, and Senator Sheldon Whitehouse (D-RI) introduced The Ending the Carried [Read More]
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White House backs amendment for stricter crypto tax rules

A provision in the $1 trillion infrastructure bill raises $28 billion for infrastructure funding through taxing cryptocurrency transactions and imposes [Read More]
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Brandywine Global acquires Diamond Hill Capital’s high yield focused funds, adds team

Franklin Resources’ subsidiary Brandywine Global Investment Management disclosed that it has acquired Diamond Hill’s high yield-focused US corporate credit mutual [Read More]
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Sightings….

Leon Hagouel, who had been at JPMorgan for 15 years specializing in trading of credit default swaps, junk bonds and [Read More]
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