HEDGEMAVEN

Dashboard for the Hedge Fund Industry

Bitwise launches liquid beta funds for bitcoin and ethereum
1w ago

(Hedgeweek) Bitwise Asset Management, creator of what it says is the world’s first cryptocurrency index fund, has launched two new low-cost, liquid beta funds, holding bitcoin and ether exclusively. To read this article:




Hedge fund activism: Bad news for boosters and critics  Chicago Booth Review

Activism may have little effect on either corporate operating performance or long-term stock prices.


The Opening Bell is powered by The Water Coolest. (Confused? Don’t worry, we’ve made you a new […]


Declines and outflows chip almost 2% from European funds

The post Flows Watch: November losses and redemptions appeared first on EuroHedge.


FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, is to hold the EMEA Trading Conference on 14 March 2019 in association with a number of Trade Associations, including: The Association for Financial Markets in Europe, AFME, International Capital Market Association, ICMA, the European Debt Market Association, EDMA, and the German Investment Funds Association, BVI.


Lyxor Asset Management has appointed Dan Rizzuto as Head of Business Development of its US-based business, Lyxor Asset Management Inc (Lyxor Americas). 


EPIC Holdings is to acquire Integro Holdings, a specialty insurance brokerage and consulting business in the US with revenue in excess of USD150 million.


Nikki Martin and Tom Ayres' market-neutral fund opens with $100m

The post Ex-GAM duo launch ‘quantamental’ Ucits with Trium appeared first on HFM Week.


The value of regulated funds serviced in Jersey has broken through the GBP300 billion barrier for the first time, according to the latest figures to be collated by the jurisdiction’s regulator the Jersey Financial Services Commission (JFSC).


Crispin Odey retains top position despite flat November

The post EuroHedge Top 20 – November appeared first on EuroHedge.


Acquisition to bring buyer an alt data provider with info on 2,200 managers

The post Backstop in deal to acquire BarclayHedge appeared first on HFM Technology.


Hedge funds bet on two more rate hikes; Illinois anti-hedge fund board chairman exits; and more

The post News round-up: Man Group’s China head to step down appeared first on HFM Week.


Shadow music - Why shadow-accounting can help hedge fund managers orchestrate operational alpha  HedgeWeek

By Shankar Iyer CEO, Viteos – Shadow-accounting has moved beyond the simple verification of Net Asset Value (NAV). Outsourcing the in-house accounting ...


Bob Shea joins former Tudor duo's firm as head of client strategy

The post Macro start-up Evince brings in ex-BlueCrest sales head appeared first on HFM Week.


Eurekahedge Hedge Fund Index declines -2.36 as of November 2018 year-to-date  Opalesque

The Eurekahedge Hedge Fund Index declined 2.36% as of November 2018 year-to-date, in contrast to the 8.45% gain made in 2017, which turned out to be the ...


Here are the hedge fund managers to watch in 2019 as the industry battles poor performance  Business Insider India

Credit Suisse is telling its wealthiest clients to hurry and move their money out of the UK before Brexit. Callum BurroughsDec 18, 2018, 03.16 PM.


Managed Funds Association (MFA), a trade association for the global hedge fund industry, has appointed Mark Epley as Executive Vice President & Managing Director, General Counsel, effective 19 February 2019.


A hedge fund stampede to the cloud could see legacy IT providers struggling to stay relevant

The post Secret technologist: Chaos under commodity-IT appeared first on HFM Technology.


Backstop Solutions Group, a cloud-based productivity suite provider for institutional and alternative investors, is to acquire BarclayHedge, a provider of alternative investment data and indices. 


Law firm Dillon Eustace has been named as the top legal adviser to Irish domiciled funds in 2018, in the 24th edition of the Monterey Insight Ireland Fund Report.


New hedge funds attract record cash but performance falls flat  Financial News

It was easy for hedge fund startups to raise money in 2018 — making it was harder.


UniCredit Wins Payment After Fund Alleged Bank Misstated Capital  BloombergQuint

(Bloomberg) -- UniCredit SpA settled a dispute with a London hedge fund that had accused the Italian bank of boosting capital strength by misclassifying certain ...


UniCredit Wins Payment After Fund Alleged Bank Misstated Capital  Bloomberg

UniCredit SpA settled a dispute with a London hedge fund that had accused the Italian bank of boosting capital strength by misclassifying certain securities.


What India’s Largest Hedge Fund Is Eyeing In 2019  BloombergQuint

Andrew Holland, the chief executive officer of Avendus Cap Alt Strategies, is positive on India's equity market despite multiple stock routs in the U.S..


(HedgeCo.Net) Bank of New York Mellon will pay more than $54 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign shares of a foreign company – require a corresponding […]


(CNBC) The Federal Reserve should halt its interest rate increases as recent developments in the markets and economy signal caution, hedge fund manager Stanley Druckenmiller said in a commentary for The the Wall Street Journal. To read this article:


(Reuters) – Gold prices inched lower on Monday as the dollar held firm below a 19-month peak on safe-haven demand amid concerns of a global economic slowdown, and as investors awaited cues on U.S. interest rate hikes from a Federal […]


(HedgeWeek) It is very easy to look at the price of bitcoin and assume that it is way too volatile, perhaps even worthless, and unworthy of wasting one’s investment dollars on. At USD3,236 the price is way off the heights […]


(Reuters) The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won’t be long before rate cuts are on the table. That’s the […]


(Bloomberg) ABB Ltd, the sprawling Swiss industrial giant, is lopping off its biggest limb to try to help simplify its conglomerate structure. CEO Ulrich Spiesshofer had previously resisted demands from the activist investor Cevian Capital to separate its power grids […]


How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that s...


Point72 founder Steve Cohen was back to managing outside investor money this year after a two-year ban he received in a government crackdown on insider trading that focused on his old hedge fund firm, ...


From our vantage point as advisers to many of the world's top investment fund managers and financial institutions, broad market forces flow through to our instructions, and ultimately drive many of th...


The Singapore-based macro fund is led by former BlueCrest PM Mohit Khurana

The post Southern Ridges eyes $800m launch appeared first on AsiaHedge.


Lewis Prescott exits after four years; AuM dips below $1bn

The post Nezu Asia trading head departs as assets decline appeared first on AsiaHedge.


"October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being '08 and the Crash of '87. For perspective ...


Hedging bets: the biggest winners and losers of 2018  Independent.ie

The worst year for hedge funds since 2011 is drawing to a close. Returns evaporated, some of the biggest names shut up shop and investors pulled their money.


Hedge Fund-Backed Rattan Close to $500 Million Debt Revamp  BloombergQuint

(Bloomberg) -- RattanIndia Power Ltd., a electricity generator backed by hedge fund Farallon Capital Management, is close to restructuring about $500 million of ...


(Bloomberg) -- UniCredit SpA settled a dispute with a London hedge fund that had accused the Italian bank of boosting capital strength by misclassifying certain securities. UniCredit’s so-called CASHE...


COLUMN-Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever  Reuters

The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long ...


Hedge fund rebel to leave Illinois pension board  Crain's Chicago Business

Marc Levine led a charge against hedge fund investing on two Illinois pension fund boards. Now he plans to step away as a new administration arrives in ...


Laxman Pai, Opalesque Asia: San Francisco-based cryptocurrency exchange and wallet service Coinbase has launched its new "Convert" service that would allow its customers to convert one cryptocurrency into another. The "Convert," will initially allow conversions b...
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Where the world's smart money made and lost it in 2018 From Mint: Returns from hedge funds evaporated, some of the biggest names shut up shop and investors pulled their money. But there were some bright spots. The worst year for hedge funds since 2011 is drawing to a close. Returns evaporated, some...
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Swiss group launches sustainable multi-factor fund From City Wire: J. Safra Sarasin Asset Management has launched a sustainable multi-factor fund. The JSS Sustainable Equity - Global Multifactor fund was officially launched on 27 November 2018 and aims to identify structural and cyclical premia fro...
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Opalesque Industry Update - The European Fund and Asset Management Association (EFAMA) has today published its latest International Statistical Release, which describes the developments in the worldwide investment fund industry during the third quarter of 2018. Investment fund assets worldwide incr...
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From Guru Focus: Back in August, Apple made history when the company became the first business ever to achieve a market capitalization of more than $1 trillion. Unfortunately, this marked a high-water point for the company. Since then the shares in the consumer tech company have declined considerab...
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MP Pension to divest assets after excluding 14 countries From IPE: Denmark's MP Pension has cut Saudia Arabia and 13 other countries from its investment universe on the grounds of systematic human rights violations. As a result, the Danish labour-market fund for academics has blacklisted a total of...
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Lyxor names Daniel G. Rizzuto as new head of business development for U.S. business Opalesque Industry Update - Lyxor Asset Management, the global investment manager with approximately $160 billion under management, has appointed Dan Rizzuto as Head of Business Development of its U.S.-based busines...
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As bitcoin trading shifts shape, big money stays away From Reuters: Bitcoin's value has plunged by three-quarters this year, sending the original and biggest cryptocurrency back to levels not seen before its bubble. And price isn't the only aspect of trading that has changed. The retail investors ...
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Gold becomes fourth-quarter standout as demand surges From WSJ: Gold has regained its shine, as volatile markets and a trade fight between the U.S. and China have boosted demand for the haven metal. Gold prices are up 4.7% this quarter and at their highest level in five months. By contrast, most o...
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Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever From Reuters: The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long before rate cuts are on the table. ...
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European markets will test the mettle of active managers in 2019 From FT: With politics souring, the economic outlook darkening and the European Central Bank nonetheless switching off its long-running bond-buying stimulus programme, investors are braced for a rough ride in European markets in the...
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Corporate tax cuts are China's best option for boosting growth From Nikkei: Chinese policymakers have long been aware of the unbalanced, unsustainable and uneven nature of the country's debt-driven and investment-reliant growth model. Yet whenever economic growth momentum has slowed over the past...
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Neiman Marcus countersues creditor hedge fund From Bizjournals: Neiman Marcus views the lawsuit filed against it by one of its debtholders alleging a $1 billion fraudulent transfer as an illegal scheme to injure the Dallas-based luxury retailer and "extract improper benefits for itself,&am...
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Activist fund makes the case for US foods boosting its earnings From Bloomberg: Activist fund Sachem Head Capital Management contends US Foods Holding Corp. is undervalued relative to its food-distribution peers and could better its performance through steps such as improving prices and courting hi...
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From Securities Lending Times: End-of-year reports this month are expected to reveal that asset managers and banks made $10 billion through securities lending, according to industry commentators. The first half of the year saw global money managers alone generate nearly $6 billion in revenue by loan...
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From The Guardian: A poacher has been ordered to watch the Disney classic Bambi as part of his sentence for illegally killing hundreds of deer. David Berry was ordered by a court in Missouri to watch the film at least once a month during his year-long jail sentence in what conservation agents have ...
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US Natural Gas Plunges, Unwinds Spike that Blew Up Hedge Fund  WOLF STREET

The price of natural gas futures (January Nymex NGF19) gapped lower at the open this morning and plunged 7.8% as of this afternoon to $3.53 per million Btu.


Hedge Fund Armageddon  ValueWalk

What is going on? You are witnessing a massive culling of the hedge fund industry as hundreds of funds are liquidated and thousands more.


IDW's Ilana Weinstein Says Hedge Fund Shakeout ‘Far From Over’  Bloomberg

The hedge fund shakeout is still unfolding with “many more” closures coming, according to Ilana Weinstein, chief executive officer of IDW Group. “This is far from ...


$6.5 billion in bond deals? Sure. This cockamamie story about how you didn’t know people were stealing almost half of it? No.


The $35 billion firm has upped investments across the Atlantic with mixed results.

The post Elliott suffers disappointing 2018 appeared first on Absolute Return.



Hedge fund industry outlook 2019  Business Insider

More than $3 trillion in assets and some of the biggest names in finance have not been able to soften some of the blows hedge funds took in 2018.


Luby's, hedge fund lay ground in proxy fight  Nation's Restaurant News

Luby's Inc. and a New York hedge fund officially joined battle this past week in a proxy fight over board seats expected early next year. The Houston-based ...


Shakeout in Hedge Funds Is Far From Over, IDW CEO Weinstein Says  Bloomberg

Ilana Weinstein, IDW Group LLC founder and chief executive officer, discusses the shakeout in the hedge fund industry with Bloomberg's Katia Porzecanski and ...



Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever  The Globe and Mail

The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long ...


Dec 17, 2018 - Hedge Funds Set for Big Payoff With Microsoft  GuruFocus.com

Back in August, Apple (NASDAQ:AAPL) made history when the company became the first business ever to achieve a market capitalization of more than $1 ...


WinShore Capital launches with $125m FoHF allocation

The post Ex-BlueCrest PM launches RV macro manager appeared first on HFM Week.


IT provider tells HFMTechnology of rationale behind new Mayfair headquarters

The post RFA builds London, Lux firepower as Brexit looms appeared first on HFM Technology.


Many of the richest people in the country make their fortune in the financial sector. While it is surely the case that many of the high rollers in the financial sector are hard working and intelligent ...


Andurand Oil Hedge Fund Is Said to Lose 17% in First 11 Months  Bloomberg

Pierre Andurand, one of the oil market's last remaining hedge fund managers, suffered further losses in November, putting his fund on the cusp of the first annual ...


Preqin: Hedge Funds Again Struggle In November  AlphaWeek

Industry tracker Preqin published its data for November today, seeing its Preqin All-Strategies Hedge Fund Benchmark fall -0.76% for the month. November was ...


Former Illinois State Board of Investment Chairman Marc Levine, who led a pension fund charge against investing in hedge funds, plans to leave the board in a few weeks, after passing the baton to a ne...


Ivy Leagues Are Handing Out Millions in Fees to Hedge Fund Managers  Truthout

Despite losing billions in poor returns, elite schools are trusting their endowments to hedge funds.


By Bill Kelly, CEO, CAIA Association One hundred and fifteen years ago today two Wrights tried to make it right when it came time to ponder the prospect of flying the friendly skies. On that day in an open field in a place called Kill Devil Hills, the first recorded airplane flight took off and safelyRead More


The Federal Reserve should not hike interest rates at its meeting Wednesday as recent developments in the markets and economy signal caution, Stanley Drunkenmiller said in an op-ed in The Wall Street Journal.


Trevor Castledine leaves £12.2bn UK pool after six years

The post Local Pensions Partnership credit head departs appeared first on HFM InvestHedge.


Hedge fund Man Group’s China head to retire  Financial Times

Li Yifei briefly disappeared from public view during China stock market rout in 2015.


(Bloomberg) -- The hedge fund shakeout is still unfolding with “many more” closures coming, according to Ilana Weinstein, chief executive officer of IDW Group. “This is far from over ...


It Was Easy for New Hedge Funds to Raise Money in 2018. Making It Was Harder  The Wall Street Journal

Hedge funds raised record amounts of money for new launches in 2018, but they are having a harder time turning that bounty into profits. Startups attracted $28 ...


Analysis | Swiss Giant ABB Finally Does What the Hedge Fund Wants  Washington Post

ABB Ltd, the sprawling Swiss industrial giant, is lopping off its biggest limb to try to help simplify its conglomerate structure. CEO Ulrich Spiesshofer had ...


Opalesque Roundup: High net-worth investors slow long-only to explore hedge funds alternative investments: hedge fund news week 50  Opalesque

In the week ending December 14th 2018, a survey said that 90% of high-net-worth investors are willing to invest in hedge funds and other alternative ...


Market conditions favour low beta hedge fund strategies: Lyxor  Opalesque

Since early December, Merger Arbitrage and L/S Equity Market Neutral has outperformed, while L/S Equity remains under pressure. Relative Value Arbitrage ...


Hedge fund assets flow into Jersey at record pace  GlobalCustodian.com

The value of regulated funds serviced in Jersey has broken through the £300 billion barrier for the first time with an influx of assets originating from the US.


Just Eat Activist's Letter to Santa Is Wishful Thinking  Bloomberg

Cat Rock Capital is lobbying for a sale of the delivery *service's* Brazil unit. But it doesn't make sense to ditch such a fast-growing unit.


Swiss Giant ABB Finally Does What the Hedge Fund Wants  Bloomberg

ABB is getting rid of its biggest business to try to make itself a little simpler. But what shareholders really need is more growth.


COLUMN-Hedge fund moves at short end of U.S. curve show Fed cuts not too far away: McGeever  Reuters UK

The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won't be long ...


Changes include appointment of EM head Jim Craige as co-CIO

The post Stone Harbor makes raft of management promotions appeared first on HFM Week.


Where the world’s smart money made and lost it in 2018  Livemint

Returns from hedge funds evaporated, some of the biggest names shut up shop and investors pulled their money. But there were some bright spots.


Matt Baker joins Barclays’ Hong Kong office

The post Barclays hires PB sales pro from Credit Suisse appeared first on HFM Week.


Luby’s Inc. and a New York hedge fund officially joined battle this past week in a proxy fight over board seats expected early next year. The Houston-based company, parent to the Luby’s cafeteria and ...


Headlines about high-profile hedge fund closures and performance troubles commanded the industry's attention in 2018. A year that started off with promise for both established managers and new players ...


Neiman Marcus views the lawsuit filed against it by one of its debtholders alleging a $1 billion fraudulent transfer as an illegal scheme to injure the Dallas-based luxury retailer and “extract improp...


The Opening Bell is powered by The Water Coolest. (Confused? Don’t worry, we’ve made you a new […]


Steven Hamilton joins London firm founded by ex-Omni pros

The post Crypto exchange taps ex-CurveGlobal COO for reg head appeared first on HFM Week.


SS&C GlobeOp Hedge Fund Performance Index down 1.32 per cent in November  HedgeWeek

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2018 measured -1.32 per cent.


Deborah Markus formerly founded Columbus Advisors

The post Exec recruiter Ridgeway hires New York MD appeared first on HFM Week.


Cat Rock turns up heat on Just Eat; Spotlight on Saudi oil moves; and more

The post News round-up: Wipeout risk has hedge funds ‘losing their shirts’ appeared first on HFM Week.


Where the World’s Smart Money Made and Lost It in 2018  Bloomberg

The worst year for hedge funds since 2011 is drawing to a close. Returns evaporated, some of the biggest names shut up shop and investors pulled their money.


COMMENT: How I got stuck in the wrong hedge fund job  eFinancialCareers

If you're desperate to get a job hedge fund, you'll probably accept anything you're given. And why not? - None of these places are easy to get into. But my own ...


Hedge funds continued to decline in December, largely driven by L/S Equity (and to some extent CTAs), according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.


Stone Harbor Investment Partners (Stone Harbor), a manager of emerging markets credit strategies, global high yield credit strategies, and multi-sector credit strategies, has appointed Jim Craige, Head of Emerging Markets, as co-CIO.


Fitz Partners Fund Charges databases will now include new criteria intended to allow an even more precise fee benchmarking of funds falling in between active and passive management.


US insurers reducing investments in hedge funds: Fitch  Opalesque

Opalesque Industry Update - U.S. insurers' investment position in other alternative investments as reported in regulatory filings is concentrated within a few large ...


Finance function to fall on controller Yvonne Nolan, CEO, COO after Maria DeSousa’s departure

The post Eze Castle CFO departs appeared first on HFM Technology.


Consumer woes shift online as Just Eat targeted by hedge fund  Yahoo Finance

After a bruising fortnight for the UK high street, retail and consumer woes have moved online as food ordering website Just Eat was targeted by a US hedge ...


Consumer woes shift online as Just Eat targeted by hedge fund  Yahoo Sports

After a bruising fortnight for the UK high street, retail and consumer woes have moved online as food ordering website Just Eat was targeted by a US hedge ...


“Tech-tonic Shift: Innovation in Alternative Investments” will be the theme of the 2019 Cayman Alternative Investment Summit (CAIS), https://cais.ky. This will be the sixth year for CAIS and it promises to be the biggest yet at the Kimpton Seafire Resort & Spa on Grand Cayman, owned by Dart Enterprises, the host sponsor for CAIS. 


After several tireless days we have finished crunching the numbers from the more than 700 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey ...


How do we determine whether Frontline Ltd (NYSE:FRO) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend ...


  By David Drake   Last month, Thailand’s Revenue Department took a bold step to include blockchain technology in its tax management strategy. By integrating the distributed ledger technology (DLT) ingrained in blockchain, the financial arm of the Thai government is hoping to better account for tax payments and refunds, while using machine learning to detect tax fraud. The government […]


Hedge Fund-Backed Rattan Close to $500 Million Debt Revamp  Bloomberg

RattanIndia Power Ltd., a electricity generator backed by hedge fund Farallon Capital Management, is close to restructuring about $500 million of stressed loans ...


Just Eat Told to Speed Up, Ditch Assets by U.S. Hedge Fund  Bloomberg

Just Eat Plc, the U.K. food delivery company, is facing calls by a shareholder to speed up its decision-making and consider the sale of non-core assets.


Pierre Andurand, one of the oil market’s last remaining hedge fund managers, suffered further losses in November, putting his fund on the cusp of the first annual decline since its inception five year...


  By David Drake   The recent IMF report that showcased the various other ways blockchain technology can be used has inspired the mobile technology industry which has led to the HTC launching of the Exodus 1 Model smartphone late in October 2018, which comes equipped with its own crypto-safe feature. There is, however, one major drawback – this phone […]


  By David Drake   Despite aggressive predictions by financial pundits on the expected turnaround of digital coins, the cryptocurrency market hit a major road bump last month when its market capitalization fell by $42 billion. For the first time since inception, this drop landed the already crippling digital market capitalization below the $200 billion mark. At the beginning of […]


Analysts anticipate large 'financial wipeout' as major hedge funds close or report losses  Daily Mail

With recent news that several major hedge fund companies have been reporting negative returns, analysts anticipate that hundreds of funds could be eliminated ...


Despite talk of the $3 trillion hedge fund sector nearing its death, the industry is merely living through a phase in its evolution from which the fittest will emerge, Mark Gilbert writes. In fact, th...


You probably heard that 2018 was a tough year for hedge funds but not in all ways. New funds raised a record $28 billion this year, according to the WSJ. The problem is in performance. The new funding ...


Li Yifei, head of hedge fund Man Group’s China division, is retiring from the company after more than a decade, just as Man is expanding its presence in the country following recent market-opening mea...


Fitch Sees US P/C Insurers Reducing Investments in Hedge Funds  Insurance Journal

U.S. property/casualty insurers' investment position in other alternative investments as reported is concentrated within a few large insurers and is.


(Forbes) For the $3 trillion hedge fund industry, this year is all but assured to be one of the worst on record. Big funds are shuttering on an almost weekly basis….For William Heard, a 36-year old Chicago-based manager, however, the […]


(Institutional Investor) Goldman Sachs Group’s asset management unit said Thursday that it’s buying Aptitude Investment Management, a fund-of-hedge funds manager on North America’s west coast….Aptitude, which has offices in Seattle and Vancouver, oversaw $3.5 billion in discretionary assets. To read […]


LONDON (Reuters) - The Federal Reserve will raise interest rates later this week and probably again early next year, but that will be the end of tightening cycle and it won’t be long before rate cuts ...


If you're desperate to get a job hedge fund, you'll probably accept anything you're given. And why not? - None of these places are easy to get into. But my own experience suggests you might want ...


After a bruising fortnight for the UK high street, retail and consumer woes have moved online as food ordering website Just Eat (JE.L) was targeted by a US hedge fund. Cat Rock Capital, who has a ...


RattanIndia Power Ltd., a electricity generator backed by hedge fund Farallon Capital Management, is close to restructuring about $500 million of stressed loans, according to people with knowledge of ...


Assets under management for Asia’s managers have ballooned in the last 10 years, with an increase on average of 9% annually. Performance has been such as to encourage inflow. A recent study by McKinsey suggests that the “good times” will “keep rolling.” But it also cautions that the opportunities inRead More


In the week ending December 14th 2018, a survey said that 90% of high-net-worth investors are willing to invest in hedge funds and other alternative investments after having recently slowed down their (long-only) investments into stocks, bonds and mutual funds. Another survey from Deutsche Bank sa...
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Opalesque Industry Update - U.S. insurers' investment position in other alternative investments as reported in regulatory filings is concentrated within a few large insurers and is relatively stable as a percentage of invested assets for the last several years. The attraction to alternative investm...
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Major hedge funds are scrambling to prevent financial wipeout From NY Post: The stars of the biggest hedge funds are losing their shirts as analysts fear a major financial wipeout is imminent. From Ken Griffin's Citadel, to Israel Englander's MIllennium Management, one big name after another is rac...
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Sequoia Capital to raise seed fund dedicated to China From Finsmes: Global venture capital firm Sequoia Capital is raising a seed fund dedicated to investing in China. Per an SEC filing, the Sequoia Capital China Principals Seed Fund I has not raised funds, yet, and did not list a target size. Form...
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From Bloomberg: A hedge fund's lawsuit has unearthed some trading losses that Barclays Plc might have preferred to forget. Two metals traders at Barclays were dismissed seven years ago after racking up losses of $396 million, according to documents disclosed in a court case. The losses -- some of th...
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Investors abandon bet against treasurys From WSJ: Hedge funds and other speculative investors are paring futures bets against the 10-year Treasury note, backing away from one of this year's most-popular trades. Speculators have trimmed their bets on falling U.S. government bond prices and higher y...
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Washington State Investment Board allocates $1.35bn From PIonline.com: Washington State Investment Board, Olympia, committed up to $750 million to two private equity funds and made a $600 million investment in a real estate partnership, spokesman Chris Phillips said in an e-mail. In private equity...
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Clint Carlson's hedge fund loses its chief risk officer in the latest senior staff departure to rock the firm From Business Insider: Clint Carlson's Dallas hedge fund, Carlson Capital, is losing another senior member of its team. Michael Palys, the $8.5 billion multistrategy firm's chief risk offic...
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Hong Kong to tighten cryptocurrency rules From Nikkei: Hong Kong is set to tighten regulations on cryptocurrencies, with plans to put exchanges, traders and other related companies under the oversight of the Securities and Futures Commission. With less stringent rules on digital currencies than ma...
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All eyes on Saudis as oil bulls cut bets to lowest since 2016 From Bloomberg: Hedge funds aren't buying into OPEC's oil-production cuts just yet. They slashed net wagers on a rally of West Texas Intermediate crude to the lowest in more than two years, while short-selling of Brent oil climbed for a ...
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Qatar fund building venture capital unit for U.S. startups From Bloomberg: Qatar's sovereign wealth fund, famous for investments in London's Shard and Tiffany Co., is quietly expanding its venture capital unit to invest in U.S. startups, according to people familiar with the matter. The Qatar In...
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From Portfolio Adviser: It used to be the case that if investors wanted exposure to the hottest trends in technology, they would buy a technology fund. Today, the market provides a wealth of choice, from robotics and artificial intelligence (AI) all the way down to alternative energy and biotechnolo...
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What's in store for Sears? From CBS News: At its peak, Sears, Roebuck was the biggest retailer in the world. Its headquarters was the tallest building in the world. It was the biggest employer in America, and was even the biggest publisher, thanks to its famous catalog. But then, the company that ...
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Want to buy a London home? Brexit isn't the only thing to watch From Bloomberg: Brokers have been quick to blame the uncertainty around Brexit for the downturn in London property prices, but beneath the surface there's a number of factors suggesting declines may be inevitable no matter what the out...
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China's rich rush to shelter $1tn from new taxes From Bloomberg: Wealthy Chinese are rushing to shelter assets and income in overseas trusts before new tax rules go into effect next month, including provisions that target offshore holdings. The Bank of Singapore has seen a 35 percent surge in Chin...
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Yucaipa pays $3m to settle claims from SEC of violating Investment Advisers Act From PIonline.com: Yucaipa Cos. agreed to pay nearly $3 million to settle claims from the Securities and Exchange Commission accusing the firm of failing to disclose financial conflicts of interests and for misallocatin...
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Laxman Pai, Opalesque Asia: Since the beginning of December, Merger Arbitrage and L/S Equity Market Neutral outperformed as the market conditions continue to favour low beta hedge fund strategies, said Lyxor in its Weekly Brief. However, L/S Equity remains under pressure. Relative Value arbitrage wa...
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From FT: A US hedge fund has criticised Just Eat for becoming "the worst-performing public equity in online food delivery", urging it to shed assets, change pay incentives for senior executives and announce three-year financial targets in the next month. Cat Rock Capital, a Connec...
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