Performance Round-Up II: Reflation trade, delta coronavirus variant impact hedge fund results in July
Posted: August 9, 2021
Some hedge funds, betting on the reflation trade by being short Treasury debt, suffered losses in June and July as [Read More]
Senators Wyden and Whitehouse introduce The Ending the Carried Interest Loophole Act
Posted: August 6, 2021
Senator Ron Wyden (D-OR), chairman of the Senate Finance Committee, and Senator Sheldon Whitehouse (D-RI) introduced The Ending the Carried [Read More]
White House backs amendment for stricter crypto tax rules
Posted: August 6, 2021
A provision in the $1 trillion infrastructure bill raises $28 billion for infrastructure funding through taxing cryptocurrency transactions and imposes [Read More]
Brandywine Global acquires Diamond Hill Capital’s high yield focused funds, adds team
Posted: August 6, 2021
Franklin Resources’ subsidiary Brandywine Global Investment Management disclosed that it has acquired Diamond Hill’s high yield-focused US corporate credit mutual [Read More]
Sightings….
Posted: August 5, 2021
Leon Hagouel, who had been at JPMorgan for 15 years specializing in trading of credit default swaps, junk bonds and [Read More]