Weekly Financial News Roundup for the end of 2017

What We've Been Reading - Week of Dec. 17 and Dec. 24

Markets & Economy:

• Interview with CEO of small-cap that soared 2000% after acquiring blockchain company (Video-CNBC)
• Can central banks keep control of interest rates? (WSJ)

Asset/Wealth Management:

• Future looking bright for active management (Pensions & Investments)
• Kanye gifts Kim hundreds of thousands of dollars in stocks (New York Post)
• Pension funds’ dilemma: What to buy when nothing is cheap? (WSJ)

Long(er) Reads:

• Hamilton Fights the Laws of Economics (and Loses) (Bloomberg)
• Bloomberg Tech’s year in photos (Bloomberg)

Alternatives:

• Trump still committed to ending carried interest (CNBC.com)
• Big Hedge Funds Want In on Bitcoin (WSJ)
• Year of the Exit: Veteran Hedge Fund Managers Leave Industry (Bloomberg)
• Private equity applauds tax bill (Axios)
• Subprime Auto Defaults Are Soaring, and PE Firms Have No Way Out (Bloomberg)
• TPG to Pay Nearly $13 Million Over Accelerated Monitoring Fees (WSJ)
• Crypto, Taxes & Volatility: A Hedge Fund Watch List For 2018 (Bloomberg)
• Hurricane-hit catastrophe bond managers plan new funds (Reuters)
• Hedge fund manager Gorton sues firm over fraudulent tax advice (AccountingToday)
• 4Q 2017 PitchBook Analyst Note: 2018 Private Equity Outlook (Pitchbook)
• Managers eager to see return of disruption, volatility (P&I)
• Neuberger Unit Takes Minority Stake in Cerberus’s Credit Arm (WSJ)
• Steven Cohen Plans a New Hedge Fund. Investors Are Wary. (NYT)
  
  Media Industry and Journalism:​

Andrew Ross Sorkin on the origins and future of DealBook (NYT)