Man Group Plc’s AHL Evolution fund, one of the first to enter this niche market, had a return of 18 percent last year. The Systematica Alternative Markets fund run by Leda Braga fared even better, posting gains of 24 percent, according to a person with knowledge of the matter. By contrast, funds that speculated on more mainstream assets and indexes had average returns of just 1.9 percent.
Hedge Funds Fatten Returns With Exotic Bets on Cheese, Maize – (Swiss Info)
As it seems the 9500 Bitcoin net speculative short position sparked a squeeze that ramped from below $9500 to over $11,500.
Crypto-Carnage Concludes? Bitcoin Soars Back Above $11k As Futures Expire – (ZeroHedge)
According to Bank of America Merrill Lynch analysts, last week was the sixth-biggest for equity fund sales on record, with $21.7 billion going into ETFs tracking stock indexes and $2.7 billion to equity mutual funds.
The Momentum Game Has Returned to the Stock Market – (Wall Street Journal)
That simple rule has outperformed buy and hold for almost every 40 year period I tested starting in 1900–1939 and going through 1978–2017
Follow the Money – (Of Dollars and Data)
It has also done so with hardly any anxiety. On a monthly closing basis, it hasn’t been more than 5% away from its all-time high since 2011.
As Good As it Gets? – (The Irrelevant Investor)
The two investment banks, among the world’s biggest, have not been asked to attend meetings in Saudi Arabia in the coming weeks where its rivals will pitch for global coordinator mandates for the IPO, said the people familiar with the matter.
Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles – (Reuters)
“Some people want to buy products in krypto to prove a point. We are happy to make it easy for them
Mark Cuban confirms Mavericks’ plan to accept Bitcoin, other cryptocurrencies – (Yahoo)