Posts tagged: HSBC

HSBC's hedgie leaders and laggards: Saba Capital tops the leaderboard; Lansdowne Princay Fund is Europe's worst performer

Thursday, 26 March 2020, 10:10 pm

Ping! HSBC's HedgeWeekly publication arrives with the performance figures of Europe's best and worst performing hedge funds.

Now, given Crispin Odey has been a big bear since 2015 and this weekend the old buffer told Betaville he had made £115 million in March you might expect his flagship fund to be the best performer...

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Betaville Intelligence

UNCOOKED ALERT: NMC Health said to ... - Part 6

Saturday, 29 February 2020, 9:33 am

It's been a torrid week for global stock markets but have a guess at which company was the best performing stock in the FTSE 100?

Yes, it was the gulf-based hospital operator Muddy Waters loves to hate: NMC Health.

According to Bloomberg data, NMC Health's shares were up 9.73pc on the week, making it the best performing stock in the blue chip index. HSBC was the second best performer, losing 4pc on the week...

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Why is Moelis & Co the sole adviser to the Hong Kong exchange on its £32 billion bid for the LSE? - Part 4

Tuesday, 8 October 2019, 7:32 am

The Hong Kong exchange did manage to drum up some other advisers alongside Moelis to join its bid for London Stock Exchange (HSBC and UBS) but in the end it was too late. Yes, this morning the Asian exchange said it is pulling out - quelle surprise. Below is the link to the company's statement:..

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Sports pages...

Friday, 29 March 2019, 9:15 am

Ping! An email arrives with what hedgies dub the "sports pages".

These "sports pages" are also known as HSBC's Hedge Weekly, which is a performance review of European hedge funds.

Last year, charming Crispin Odey - a leading City Brexiteer who runs Odey Asset Management - topped the leaderboard but this year it seems to be populated by a bunch of funds nobody has ever heard of, such as Muirfield GSE Partners, Golden China Fund and Tonga Partners...

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Is the tide turning for Odey the Brexiteer? - part 34

Wednesday, 15 August 2018, 8:35 pm

There is more good news for Crispin Odey in the latest HSBC hedge fund index rankings.

Odey's flaghsip fund is up almost 26pc year to date and currently tops the HSBC leaderboard for the best performing European hedge funds.

That's quite the turnaround for the contrarian hedgie, who Betaville understands has been holidaying in Provence, the South of France over the last few weeks...

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The ailing marketing communications giant, the Vampire Squid and the mandate...

Wednesday, 20 June 2018, 9:25 pm

It has been brought to Betaville's attention that Investment bankers are all over WPP chairman Roberto Quarta, angling for permanent mandate as the company's financial advisor.

And you can see why corporate financiers are aggresively targeting the marketing services group set up by Sir Martin Sorrell in 1985...

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Is the tide turning for Odey the Brexiteer? - part 22

Wednesday, 27 September 2017, 8:42 am

Once again it would appear reports of a turnaround at Crispin Odey's fund might have been a tad premature.

The HSBC hedge fund performance index just hit Betaville's inbox and it shows that, perhaps, the August "revival" at Crispin's flagship Odey European Fund was just a blip.

Indeed, the Odey European Fund is back on the HSBC top 20 loserboard, showing a decline of 14pc in 2017 by the middle of this month...

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Is the tide turning for Odey the Brexiteer? - part 18

Thursday, 20 July 2017, 9:31 am

Things are looking up for Crispin Odey, the charming hedge fund manager and leading City Brexiteer.

Since little old Betaville's last update the old buffer's flaghsip Odey European fund has recovered slightly and is no longer on HSBC's top 20 hedge fund loserboard (which came out earlier this week)...

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Is the tide turning for Odey the Brexiteer? - part 17

Tuesday, 9 May 2017, 10:52 am

The football scores are in (also known as the HSBC Hedge weekly returns). And it would appear the Odey European Fund has crept back onto the top 20 loserboard - Crispin's flagship fund is now down 7.82pc for the year to April 21, 2017, according to HSBC.

The news comes after The Sunday Times Rich List, compiled by the excellent Robert Watts, revealed last weekend that the charming buffer had slipped down that particular league table, losing £125 million last year...

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Betaville Intelligence

RARE ALERT: Gemalto said to ...

Tuesday, 18 April 2017, 12:12 pm

Dutch digital security company Gemalto is being circled by a mystery buyer.

People claiming to be familiar with the matter said Gemalto is rumoured to have received a non-binding proposal conditional on due diligence although it's not clear what price the buyer is willing to pay for business.

Some people suggested the approach for Gemalto had come from French IT services group Atos...

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