A slump in oil prices and poor returns in base and precious metal positions severely hurt Armajaro Commodities Fund, which incurred a loss of 5.4% in the month of September. The monthly fund letter reviewed by ValueWalk noted losses in platinum group metals, nickel and coffee. Armajaro's flagship strategy has almost equal exposure in energy, base metals, grains and precious metals.
Michael Mauboussin, Director of Research at BlueMountain Capital Management discusses a framework to think about skilled active managers. Get The Timeless Reading eBook in PDF Get the entire 10-part series on... Read More
Thanks to all three big banks missing their earnings estimates for the first time since Q42011, the financial sector will most likely report actual earnings below analysts’ expectations, both... Read More
The hunt to punish the man that dared defy the German banking establishment, former Greek Finance Minister Yanis Varoufakis, just got hotter. And this time, they may have some... Read More
After peaking near $20,000 at the end of December 2017, Bitcoin's price collapsed by more than 50 percent at the start of 2018. Other cryptocurrencies have experienced similar volatility,... Read More
As the debt ceiling crisis sorts itself out, Thomas Friedman, writing for The New York Times, guarantees that whatever else happens during the next round of tax and entitlement... Read More
Hedge funds are essentially flat year to date and long short funds are posting negative -2% returns, the most recent Goldman Sachs hedge fund monitor noted, while the S&P... Read More
Maglan Capital has joined the ranks of hedge funds that think Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage... Read More
Calling Italy's banks among the 10 weakest globally, Moody’s has cut its outlook on the European nation’s financial institutions to negative, from stable. The outlook shift follows a change... Read More
Markit is launching a new messaging platform that promises to let Wall Street and banking professionals interact freely without worrying that the information they share will become publicly accessible,... Read More
Jacobs Asset Management was up 5.8% net for November, bringing its quarterly return to 9.1% and its year-to-date return to -6.1%. The S&P 500 was up 14% for the... Read More
