Musings on Markets

JANUARY 29, 2021

I generally try to stay out of fights, especially when they become mud-wrestling contests, but the battle between the hedge funds and Reddit investors just too juicy to ignore. but in the process, driven some of the hedge funds that have sold short on these companies to edge of oblivion.

Start-ups 52

Start-ups Marketability Banking Finance 52

Reynolds Holding

MARCH 16, 2023

Non-bank financial intermediation (NFBI) – encompassing a broad range of capital sources, including broker-dealers, private funds, and open-end funds (OEFs) – is vital for the financing of the real economy, serving as a critical complement to the traditional banking sector.

Banking 59

Banking Treasury Marketability Finance 59

Reynolds Holding

AUGUST 20, 2023

As detailed later in our paper, we calculate the exogenous reductions in the monitoring quality of transient institutional shareholder in a particular firm, attributable to attention-grabbing events occurring in other industries. Institutional investors and hedge fund activism. Journal of Corporate Finance 48, 148-168.

Corporate Finance 52

Corporate Finance Finance Equity Technology 52

Brian DeChesare

JULY 19, 2023

When you hear the term “long-only hedge funds,” your first thought might be: “How can a hedge fund hold only long positions? Doesn’t that contradict the term ‘hedge fund’? Why would investors pay high fees for what is effectively a mutual fund?” These are all good questions.

Equity 52

Equity Beta Banking Start-ups 52

Benzinga

MAY 11, 2022

These quarterly results were driven by organic growth in chemistry revenue of 3%, reflecting increases in both the Electronics ("EL") and General Metal Finishing ("GMF") segments as well as a strong equipment business, which grew 33% excluding the impact of FX translation. Update Regarding Geopolitical Events and Palladium Sourcing.

EBITDA 40

EBITDA Technology Marketability Finance 40

Brian DeChesare

MARCH 16, 2022

Ask any banker interested in hedge funds about the specific strategies they like, and merger arbitrage will usually come up. You’ll even have an advantage over public markets professionals ( sales & trading , asset management , other hedge funds , etc.) who haven’t worked on mergers and acquisitions directly.

Start-ups 59

Start-ups Equity Marketability Banking 59

Benzinga

APRIL 28, 2023

of total deposits after adjusting for insured/collateralized public funds and contractual deposits. The increase in the yield on interest-earning assets was primarily driven by the increase of the yield on loans by 26 bps, to 5.24% during the first quarter of 2023. Deposits grew $99.8 Estimated uninsured deposits represented 26.1%

Dividends 40

Dividends Banking Book Value Equity 40

Reynolds Holding

NOVEMBER 28, 2022

Like finance, it’s made up of “exchanges” and “brokers” and “lenders” and “deposits” and “hedge funds,” all busily trading coins and derivatives on Wall Street and its virtual extensions. 13] In all likelihood, any regulator-driven risk reduction would reduce the attractiveness of the “game” and its financial rewards. [14]

Finance 145

Finance Banking Marketability Treasury 145

Brian DeChesare

MAY 18, 2022

Global macro might be the most paradoxical hedge fund strategy. In practice, very few hedge fund Portfolio Managers consistently achieve good results with this strategy over long periods. vs. What Makes Global Macro Hedge Funds Different? over the next 12 months. You could buy FX put options at 0.53

Banking 52

Banking Equity Marketability Finance 52

Brian DeChesare

MARCH 27, 2024

Unfortunately, there’s a lot of “group think” here, driven by endless forum threads and student groups over-hyping and over-marketing the concept. Outside of IB, various asset managers, hedge funds, consulting firms, and trading firms also run some type of spring week program, but we’re focusing on banking here.

Banking 95

Banking Start-ups Finance Corporate Finance 95

Musings on Markets

JANUARY 27, 2021

Collectibles : A collectible's pricing comes from the perception that it has value, driven by tastes (artwork) and/or scarcity (rare items). That was sensible advice, but as we (collectively as investors) piled into foreign stock funds and securitized real estate, we created an unwanted, but predictable consequence. for the latter.

Start-ups 52

Start-ups Marketability Equity Treasury 52

Reynolds Holding

MAY 9, 2023

A low-cost alternative, if it materializes, may tempt smaller activists—perhaps including better-funded versions of the “issues” activists now plastering corporate boardrooms with various 14a-8 stockholder proposals—to nominate one or two directors to press their concerns in the boardroom. [1] 2] See 17 C.F.R. 240.14a-101 (2023).

Dividends 45

Dividends Finance Equity Marketability 45

Musings on Markets

FEBRUARY 3, 2021

Obviously, I do not believe that, but there are some topics in valuation that are tough to care about, unless they are connected to real events or current news. Finally, a buyback funded with cash that a company could have used on productive investment opportunities is lost value for the company.

Start-ups 52

Start-ups Equity Marketability 52

Reynolds Holding

AUGUST 30, 2023

A number of hedge funds have also sought to export American-style activism abroad, with companies throughout the world now facing classic activist attacks.

Equity 40

Equity Dividends Total Shareholder Return Finance 40

Reynolds Holding

AUGUST 9, 2023

This would go beyond mere calculation of capital and include also include creating new securitization structures, issuing new types of capital instruments, and identifying alternative funding sources. However, there could be some winners under the Capital Proposal, although not necessarily those who the banking regulators intended.

Banking 52

Banking Market Risk Marketability Finance 52