Financial and Media News — Week of June 19, 2016

By Zach Kouwe
In case you were overwhelmed with #Brexit coverage last week, here’s some interesting stories you may have missed. 
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Markets & Economy:

• VC fund investors look to Twilio for valuation guidance (WSJ)
• Lululemon board member seems like she doesn’t exist (TheStreet)
• Allianz CEO Oliver Baete says derivative markets incentivize volatility (Fortune)
• Tesla Motors’ investors unconvinced by proposed SolarCity acquisition (Bloomberg)
• IMF statement says U.S. economy in ‘good shape’ but headwinds ahead (FT)

Asset Management:

• $500 million loss haunts former Deutsche Bank trader (Bloomberg)
• Franklin Templeton bets on rising oil prices (Bloomberg)
• T. Rowe Price’s $50 Billion Oil Bear (WSJ)

Long Reads:

• Can Netflix survive the new world it created (NYT Magazine)
• Inside 40 Wall Street (Bloomberg)
• Viacom CEO defends his record (Fortune)

Alternatives:

• Harvard trims staff amid continued restructuring (FinAlternatives)
• Is litigation finance the unicorn of Alpha producing returns (FinAlternatives)
• Orange County looks at cutting or eliminating hedge fund allocations (P&I)
• For U.S. hedge funds, date with the tax man looms (Bloomberg)
• Emerging markets PE sets a record (FinAlts)

Media Industry and Journalism:

• Mike Allen, Politico’s Newsletter Pioneer, Is Handing Over the Reins (NYT)
• New York Times moves Fintech reporter to San Francisco to expand coverage (TalkingBiz News)