2023-09-29 13:00:11

Boaz Weinstein Reveals the Secret Trade That Helped Make Him Famous

Bloomberg

By Katherine Burton

Boaz Weinstein thinks about markets differently than most credit traders.

The 49-year-old founder of hedge fund Saba Capital Management spent his early career at Deutsche Bank AG, when credit-default swaps were just hitting the market. Over the next decade, he made a lot of money for the German lender trading CDS—effectively insurance against a corporate default—and the instruments remain a big part of his portfolio.

#money #insurance #earlycareer #saba

Continue read on bloomberg.com

MarketsBy Reuters2024-09-06 18:25:32

Franklin discussed GIM vote with shareholder -court filings

#reuters #nyse #portfolio #election #security

Business / Finance Press Release2023-09-28 16:20:14

IHOFX Launches Clearing for Credit Default Swap (CDS) Index Options

Incheon Options And Futures Exchange - ihofx.org IHOFX.org makes explicit the use of CDS Index Options for hedging purposes INCHEON, SOUTH KOREA, September...

#indexoptions #portfolio #technology #cdsclearing #swap

MarketsBy Gillian Tan2024-09-06 23:50:53

Deutsche Bank’s Head of Investment-Grade Trading Hebert Has Left

Deutsche Bank AG ’s Mark Hebert has left the firm amid a round of cost cuts in the German lender’s investment bank, according to people with knowledge of the...

#costcuts #bankag #investmentbank #fargo

MarketsBy Aj Fabino2024-09-26 15:49:36

Billionaire Big-Shorter John Paulson Says The Housing Downturn May Be Different This Time Around

John Paulson, the billionaire hedge fund investor who made around $15 billion shorting $25 billion worth of subprime mortgages back in the no credit, no...

#money #cash #security #opinion #insurance

Business / FinanceBy Justina Lee2024-09-20 14:15:33

Quants Are Back Making Money on Factor Trades Like Good Old Days

The worst year for stocks since the global financial crisis is bringing back the good old days for a once-revolutionary breed of quant investor who took a...

#equity #olddays #worstyear #quant #dice

MarketsBy Jad Malaeb2024-09-26 14:23:14

You May Be Missing Out On This Newly Released Derivative Product

What if youve been trading the wrong instrument? As a trader, thats a tough question to consider. The implications of your chosen financial instrument cannot...

#nasdaq #currency #research #ceo #space

MarketsBy Mkitchen2024-09-06 09:28:19

Ironshield Capital launches UCITS long/short high yield credit fund Ironshield High Yield Alpha Fund

Ironshield Capital (Ironshield), a London-based European credit hedge fund manager, has launched the Ironshield High Yield Alpha Fund, a UCITS compliant Fund...

#UCITs #absolutereturns #creditstrategy #corporatecredit #returnindex

CryptocurrenciesBy Go Banking Rates2024-09-06 19:07:43

How Mega Lawsuit Against MicroStrategys Michael Saylor Could Affect Bitcoin

District of Columbia Attorney General Karl Racine is suing mega Bitcoin bull Michael Saylor, co-founder and executive chairman of MicroStrategy, for...

#bitcoin #MichaelSaylor #finance #money #inflation

Business / FinanceBy Pr Newswire2024-09-12 19:21:00

Mortgage Fraud is Up, Help is Here

SAVANNAH, Ga., Sept. 12, 2022 /PRNewswire/ -- Mortgage industry veteran Bob Simpson, Esq. has launched LoanLooks, a mortgage fraud investigation firm. Due to...

#president #cash #income #analysis #estate

Business / FinanceBy The Motley Fool2024-09-27 10:00:42

Ramit Sethi Recommends These 7 Income Producing Assets

Image source: Getty Images The best way to build wealth is to put money in places where it can grow. When your money is earning 3%, 5%, or more per year, it...

#producingassets #money #inflation #reit #cash

Business / FinanceBy Go Banking Rates2024-09-14 18:00:07

Millennials Reveal Luxury Items That Were Worth the Price

From the time their generation first emerged as an economic force, millennials got saddled with a bad reputation as spendthrifts who don't appreciate the...

#luxuryitems #millennials #finance #investment #health

Business / FinanceBy Miriam Cross2024-09-23 04:01:00

Fintech opens a new market for banks: lending against life insurance

Many people buy whole life insurance as protection for their beneficiaries after they die. Josh Wyss also sees it as a savings vehicle during his lifetime....

#fintech #policy #income #money #technology

MarketsBy Benzinga Insights2024-09-06 16:05:07

HP Whale Trades Spotted

Someone with a lot of money to spend has taken a bullish stance on HP HPQ. And retail traders should know. We noticed this today when the big position showed...

#whale #whaletrades #1call #marketssomeone #underweightrating

MarketsBy Joy Wiltermuth2023-09-28 16:05:00

The Tell: This stock market rout looks like the dot-com bust of 2000, says investing guru

Forget about buying the dip, for a while. Thats John Duffy, founder and CEO of Trending Stocks, about why he thinks the stock market could be in for a long,...

#ceo #business #government #pandemic #nasdaq

Business / FinanceBy Business Wire2024-09-08 10:01:00

Macrae Welcomes Veteran Legal Recruiter Jennifer Coffey in New York

Elite Transatlantic Legal Recruiting Firm Enhances New York Presence in Midst of Strong 2022 Performance Firmwide Macrae, a premier transatlantic legal...

#recruiter #finance #healthcare #research #analysis

MarketsBy Cathy Chan2024-09-08 12:09:44

Credit Suisse’s China Partner to Sell Stake For $160 Million

Credit Suisse Group AG said its partner in China agreed to sell its remaining stake in a local joint venture for 1.14 billion yuan ($160 million), paving the...

#remainingstake #suissesecurities #supervisoryauthority #securitiesregulator #fullcontrol

MarketsBy Charles Passy2024-09-21 21:19:00

: Carl Icahn to investors: The worst is yet to come

Wall Street icon Carl Icahn has a warning for his fellow investors: The worst is yet to come. Speaking on Wednesday at MarketWatchs Best New Ideas in Money...

#carlicahn #economy #finance #business #energy

MarketsBy Reuters2024-09-07 08:51:11

UK credit default swaps hit fresh 27 month high

Reuters. FILE PHOTO: Pound banknotes are seen in this illustration taken March 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo SPGI +2.63% Add to/Remove...

#defaultswaps #reuters #portfolio #nyse #pandemic

Business / FinanceBy Alex Brummer2023-09-28 20:54:47

ALEX BRUMMER: Pensions fail a stress test amid UK bond market turmoil

When it comes to financial markets, you learn of new risks every day. At the time of the financial crisis in 2007-8 the country had to get its head around...

#mortgage #money #health #currency #bill

Business / FinanceBy Go Banking Rates2024-09-14 20:58:33

11 Best Stocks for Trading Options in 2022

Options trading is not for novices, but for seasoned investors who want to add another dimension to their portfolios, hedge against risk, limit downside...

#security #business #etf #spy #index