HEDGEMAVEN

Dashboard for the Hedge Fund Industry

Ex-Millennium deputy fixed income head preps Mogador Capital 
2mos ago

Head of Citi emerging markets research also working on launch

The post Ex-Millennium deputy fixed income head preps Mogador Capital  appeared first on HFM Week.

How Blockchain Could Boost the Performance Transport and Logistics Sectors  HedgeCo.net

By David Drake. Across sectors, companies are progressively depending on technology to reduce costs, increase efficiency in processes and improve ...


Ranking reveals how Europe’s industry was reshaped by the volatile second half of 2018

The post European Billion Dollar Club: H2 2018 appeared first on EuroHedge.


How Lansdowne’s Per Lekander is positioning for success in a rapidly changing industry

The post Getting a kick out of energy appeared first on EuroHedge.


Opalesque Roundup: Hedge funds snap back +4.55 after a hard-hearted 2018: hedge fund news week 10  Opalesque

In the week ending March 15th 2019, a report revealed that the first two months of 2019 offered up the hedge funds industry's best returns to start a year since ...


Recent flagship closures prove performance, not reputation, determines success

The post Editor’s letter: Ins and outs show performance is all appeared first on EuroHedge.


Anoosh Lachin and Asif Noor, co-managers of Aspect Capital’s Systematic Global Macro
Programme, aim to build on an award-winning 2018 with an evolving model and expanding dataset

The post Defining macro’s future appeared first on EuroHedge.


Changes among macro managers show how industry momentum is gathering in favour of computer-based trading and quantitative models

The post The rise and rise of systematic macro appeared first on EuroHedge.


Offshore hedge funds and Ucits versions shrink amid losses, with latter hit by decline in launches

The post European H2 assets and new funds surveys appeared first on EuroHedge.


Most strategies suffer outflows amid bright start to 2019

The post Flows watch: Commodities hit by redemptions despite Feb gains appeared first on EuroHedge.


Three periods of volatility in 2018, the last of which (in December) caused the biggest drop in US equities since the 1930s, were welcome news for convertible arbitrage fund managers. Simply put, the rise in volatility acts as a positive factor for convertibles as it increases the value of the convertible bond's embedded option.


(HedgeCo.Net) The Securities and Exchange Commission has announced that Merrill Lynch, Pierce, Fenner & Smith Incorporated will pay over $8 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs). ADRs – U.S. securities that represent foreign […]


(Reuters) Gold prices firmed on Monday as concerns about a potential U.S. recession and decelerating global growth weighed on stock markets, which increased appetite for safer assets. To read this article:


(New York Post)A bankruptcy judge has “strongly” advised the company that bought Sears out of bankruptcy to hand over millions of dollars to the old Sears. At a Thursday hearing, Judge Robert Drain weighed in on the contentious financial dispute […]


(Boston Globe) A hedge fund manager from Allston was sentenced Thursday to more than 14 years in federal prison for running a Ponzi scheme where he scammed millions of dollars from investors, officials said.Raymond Montoya, 70, was sentenced to 175 […]


(HedgeCo.Net) JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced Friday that it has sold a 50.1% equity interest in JMP Credit Advisors LLC (“JMPCA”) to Medalist Partners LP, an alternative asset management firm specializing […]


(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for March 2019 measured 3.49%, up from 3.42% in February.”SS&C GlobeOp’s Forward Redemption Indicator for March 2019 was 3.49%, an uptick from the record low March redemptions of 2.91% reported for the same […]


(eFinancial) One swallow doesn’t make a summer and the disappearance of one single director from Deutsche Bank on the first day of spring may not herald a mass migration to rival banks. Nonetheless, coming as it does less than a […]


(Reuters) – Investors in Hyundai Motor Group companies rejected on Friday Elliott Management’s demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund’s campaign to shake up South Korea’s second-biggest family-run conglomerate. To […]


CQS Hedge Fund Says Curve Inverting on Technicals Won't Last  Bloomberg

As sovereign bonds around the world continue their relentless climb and a closely watched segment of the U.S. yield curve inverts -- seen as a harbinger of ...


By Nicolas Rabener of FactorResearch INTRODUCTION Investors fear black swan events, although it can be argued that this fear is irrational. The black swan theory is a metaphor that describes a surprise event that has a major impact and is often rationalized with hindsight. A recent example would be theRead More


B. G., Opalesque Geneva: The Cayman Islands ' anti-money laundering (AML) requirements are still a bit up in the air, according to Bill Prew, CEO/founder at Indos Financial. Even though all open-ended, Cayman-domiciled hedge funds had to appoint three AML officers by September, there are still grey ...
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Laxman Pai, Opalesque Asia: New hedge fund launches hit an 18-year low during 2018. The fund liquidations also declined during the year, hitting their lowest point since 2007. According to Hedge Fund Research (HFR) report, new hedge fund launches fell to conclude 2018, as the number of 4Q18 launche...
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Laxman Pai, Opalesque Asia: The blockchain has the potential to hold as much as 10% of the world's GDP, said 'Blockchain by Cisco ' report. This means that several trillion dollars worth of value could be stored on both decentralized and permissioned blockchains by 2027. Cisco also expects $9.7...
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Laxman Pai, Opalesque Asia: Montreal-based Fiera Capital announced that it is set to acquire Toronto-based Integrated Asset Management (IAM) for a total consideration of $74m. The CAD136.7bn ($102bn) global asset manager has agreed with IAM to buy all of the shares of the $3.1bn alternative asset m...
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Laxman Pai, Opalesque Asia: Therium Capital Management, a Channel Islands-based litigation funder, is launching a new $430m fund, bringing the total value of its institutional investments to over $1bn. The fresh investment has been gleaned from two existing investors and, for the first time, a sov...
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From Barrons: The hedge fund industry is alive and while not doing well, is doing OK. The Back Story: The choppy waters of the fourth-quarter's volatile markets were tough to navigate for most investors. Lo and behold: The ones who are supposed to be the smartest, and equipped with the fanciest tool...
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In the week ending March 15th 2019, a report revealed that the first two months of 2019 offered up the hedge funds industry 's best returns to start a year since 2012, when average returns were at +5.78% through February of that year. Hedge funds returned an average of +1.27% in February, accor...
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Canada's OMERS launches $341m European venture fund From Reuters: Canadian pension fund OMERS has launched a 300 million euros ($341 million) venture capital fund to target technology start-ups in Europe. OMERS Ventures, the venture capital arm of OMERS which manages C$97 billion in assets, said in...
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From Chicago Business: Citadel CEO Ken Griffin says he 's having second thoughts about moving the hedge fund firm 's headquarters to New York from Chicago, but Citadel 's center of gravity already is shifting toward the center of global finance. Citadel, which Griffin founded in Chicago almost thre...
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Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop more From CNBC: Tiffany - Tiffany came in 7 cents a share above estimates, with quarterly profit of $1.67 per share. The luxury goods retailer's revenue was short of forecasts, however, and Tiffany's comparable sal...
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Canada Pension Plan Investment Board with $370bn under management shares some investing 'themes' From CNBC: Canada's national pension fund invests for the long-term, its CEO said, and he named trends that are helping to guide its decision-making. "We're trying to go deep on certain areas w...
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Iran welcomes tourists by integrating cryptocurrencies within its tourism sector From Bitcoin Exchange Guide: It has been recently revealed that Iran's tourism sector will be welcoming cryptocurrencies, as the digital assets are considered equivalent to money (i.e. legal tenders). The decision to...
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Quant investment managers began 2018 in an optimistic mood. The much-hyped computer-driven hedge funds were among the fastest-growing parts of the investment industry and on course to hit $1tn of assets under management. The 12 months that followed were a shock to the system. Algorithms that were ...
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Chicago's hometown hedge fund grows faster in New York From Chicago Business: Citadel CEO Ken Griffin says he's having second thoughts about moving the hedge fund firm's headquarters to New York from Chicago, but Citadel's center of gravity already is shifting toward the center of global finance. ...
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Poland's private-debt pioneer survives the country's latest crisis From Bloomberg: Rafal Lis almost single-handedly created Poland's private-debt market. In seven years, he built his company, CVI Dom Maklerski sp. z o.o., into a 5.9 billion zloty ($1.6 billion) boutique asset manager. Then, late ...
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China's back in the market for hogs and so are hedge funds From AFR: There are finally enough signs of an emerging pork catastrophe in China to propel prices and get funds to turn bullish again. African swine fever, which is highly lethal and difficult to contain, was first reported in China last...
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The global wealth illusion is paper-thin From Bloomberg: The world is wealthier now than it's ever been - but only on paper. Much of this prosperity may prove illusory as a global shift toward less liquid investments undermines the basis of valuation. Private equity, infrastructure and private cr...
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Activist investor's fight with Korea Inc. isn't over after Hyundai loss From PIonline.com: For decades, South Korea's most powerful tycoons ran their companies with little regard for minority shareholders. Then came Paul Singer. The hedge fund titan's activist campaigns - first at Samsung Group i...
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The unicorn stampede is coming From Bloomberg: Remember when people were worried about unicorns? It was a specific worry; the worry was not just that a lot of technology companies seemed to have valuations that were not justified by fundamentals, but particularly that a lot of private technology co...
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From Boing Boing: Last week, Evaldas Rimasauskas of Lithuania plead guilty to US wire fraud, aggravated identity theft, and money laundering charges, admitting that he had stolen $99m from Facebook and $23m from Google between 2013 and 2015. Rimasauskas's grift was pretty bold. He merely sent Goog...
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Three Bullish ESG Stocks This Week  Forbes

Three bullish stocks charts – even after last week's volatility – for the environmentally minded investor.


Hedge fund positions in numbers, for week to March 19  Agrimoney.com

Markets Extra lists the latest official data on hedge fund positions in ag commodity derivatives, and how they have changed week on week.


As sovereign bonds around the world continue their relentless climb and a closely watched segment of the U.S. yield curve inverts -- seen as a harbinger of recession -- the level of anxiety about the ...


Elliott Is a Gatecrasher Too Many in Plastics Deal  Wall Street Journal

Elliott Management's arrival is the latest twist in a trans-Atlantic deal drama. Investors in U.K. plastic-packaging maker RPC Group are right to be dubious that the ...


Below, details of the shifts in managed money positioning in US-traded agricultural commodities, in the week to Tuesday March 19. Data are for futures and options combined, and sourced from the ...


Closet Indexing And Other Reasons Active Managers Underperform  ValueWalk

At Ashva Capital we utilize a concentrated, low turnover buy and hold strategy with the explicit goal of reducing portfolio - closet indexing.


Hedge fund manager gets 14 ears for running Ponzi scheme  SouthCoastToday.com

BOSTON (AP) — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi ...


(Bloomberg) -- Years after leaving the New York-based hedge fund Elliott Management Corp., Mark Brodsky often found the firm he later started, Aurelius Capital Management, aligned with his old ...


S&P 500 could fall 40% as yield curve inverts, says analyst of one of 2018’s best hedge-fund returns  MarketWatch

A macro hedge fund says investors should monitor the growing number of yield curve inversions in the U.S. Treasurys market.


Global hedge fund seeks to hire an experienced Client Services / Investor Operations professional at the VP level. In addition to outstanding academic credentials and a minimum of 7+ years' relevant ...


Here's The New Show You Should Watch Right Now  HuffPost

Premise: Former rivals in the capitalist world of contemporary New York City start to work together. One man (Damian Lewis) runs a massive hedge fund while ...


Quants: is it time to tweak the code?  Financial Times

Quant investment managers began 2018 in an optimistic mood. The much-hyped computer-driven hedge funds were among the fastest-growing parts of the ...


Fortify Your Money… and Play the Markets Like a Hedge Fund Superstar  Money Morning

The bull market just turned 10. Even last year, on its ninth anniversary, we were already in the midst of the longest bull market in history. And with major indexes ...


Meet the London currency analyst who moonlights as a wellness guru to Wall Street hedge funds and bankers  Business Insider

Bilal Hafeez has tapped into a lifestyle shift happening on trading floors. The Nomura currency analyst's wellness newsletters have "touched a nerve."


Stock investors should heed the warning emanating from the bond market, says at least one hedge-fund manager, as the yield curve staged a stunning inversion Friday. “I think people are going to be ...


Korean pension fund backs corporate royals again | Article  Asia Times

Huge pension body continues to protect troubled corporate dynasties, undermining reform efforts.


State & Region Briefs  The Recorder

Hedge fund manager gets 14 years for running Ponzi scheme BOSTON — A Boston hedge fund manager who scammed millions of dollars from friends, family ...


Horizons Morningstar Hedge Fund ETF Comm (HHF) Is Yet to See Trading Action on Mar 22 | Thorold News  Thorold News

Shares of Horizons Morningstar Hedge Fund ETF Comm (TSE:HHF) closed at 13.91 yesterday. Horizons Morningstar Hedge Fund ETF Comm currently has a ...


The bull market just turned 10. Even last year, on its ninth anniversary, we were already in the midst of the longest bull market in history. And with major indexes still hovering near or above ...


With IPO clock at 10-years and ticking, Personal Capital makes two big, out-of-character moves to go upmarket and downmarket  RIABiz

With $9 billion in assets, the Redwood City-based national RIA hired the ex-Virgin America CMO Porter Gale to make one brand investors associates with both ...


EDEN CONFIDENTIAL: How 'Hogwarts heiress' fell under the spell of American hedge fund tycoon  Daily Mail

EDEN CONFIDENTIAL: Lady Melissa Percy's family home is Alnwick Castle which doubles up as Hogwarts in the Harry Potter films.


Volatility Rocks-The Rhythm Of Movement  ValueWalk

The "volatility of volatility" infuses additional dimensionality into our risk analysis. It is not just that stock A is more volatile.


Oil Investors Learn `Don't Fight the Saudis' as Rally Bets Climb  Bloomberg

Hedge funds appear to have an unwavering confidence in Saudi Arabia. They boosted bets on U.S. oil's rally by a whopping 35 percent in the week ended ...


Michael Steinhardt A Failed Borscht Belt Comedian, Matchmaker, Definitely Not A Sexual Harasser, According To Michael Steinhardt, Friends  Dealbreaker

Retired hedge fund legend Michael Steinhardt was always something of a comedian. Back in his heyday, he liked to mess with underlings by calling them ...


Retired hedge fund legend Michael Steinhardt was always something of a comedian. Back in his heyday, he liked to mess with underlings by calling them minutes before the close, ordering them to buy a bunch of stock whose name he’d purposely gargled, and then tell his assistant to tell the hapless ...


An estimated 561 hedge funds were launched in 2018, the lowest number since 2000, Hedge Fund Research says.


Hedge funds beat the stock market last year for the first time in five years.  Barron's

More hedge funds are shuttering their doors than opening them, Hedge Fund Research says.


Investors raise concerns on Newmont's proposed takeover of Goldcorp  Vancouver Sun

Hedge fund giant Paulson & Co. Inc. says in a letter that it believes the US$1.5-billion premium offered to Goldcorp shareholders is unjustified given the ...


Hedge fund manager gets 14 years for running Ponzi scheme  Gloucester Daily Times

BOSTON (AP) — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi ...


Hedge Fund Launches Hit 18-Year Low  Institutional Investor

New hedge fund launches hit an 18-year low during 2018, new data from data provider Hedge Fund Research shows. But 2018 was not all bad for the industry: ...


Numerai Raises $11 Million in Token Sale | The Home of Altcoins: All About Crypto, Bitcoin & Altcoins  Coinlist

The ICO market has been relatively “dried up” in the last year or so, as is natural when investors don't see a lot of short-term upside. However, Numerai has just ...


The Trump White House has picked made some mindboggling choices when it comes to finding talent for creating and driving its economic policy.  In addition to a guy who's known for being wrong about everything, the White House has also hired a guy who has been wrong about most stuff, and ...


How Billionaires Are Using Hate to Divide Us  Common Dreams

The union I lead, the United Steelworkers (USW), believes in unity, that “all working men and women, regardless of creed, color or nationality” are eligible for ...


Damian Lewis talks "Billions" Season 4: "The sheriff is now in cahoots with the cowboy"  CBS News

For three seasons, Damian Lewis and Paul Giamatti have faced off as each other's sworn enemies in the hit Showtime series "Billions." But Season 4 sees Lewis ...


In one of those exquisite ironies with which the universe occasionally give us, when time came for the Federal Bureau of Prisons to decide where former McKinsey & Co. chief and convicted insider trader Rajat Gupta should spent two years, it placed him in the very same minimum security resort ...


Levin Capital and Other Hedge Funds Are Snapping Up Farmer Brothers Co. (FARM)  Insider Monkey

As we already know from media reports and hedge fund investor letters, many hedge funds lost money in fourth quarter, blaming macroeconomic conditions...


hedge fund Citadel keeps headquarters at home, but expands faster in New York  Crain's Chicago Business

Citadel CEO Ken Griffin says he's having second thoughts about moving the hedge fund firm's headquarters to New York from Chicago, but Citadel's center of ...


New Florida base to support more Latin American clients 

The post Circle Partners opens Miami office appeared first on HFM Week.


At a certain point of wealth, it’s all cartoon bags with dollar signs on them, with the actual amount of money not really mattering all that much. Mike Trout, the best player in baseball now and maybe ever, is not going to notice a huge difference between the $430 million he’ll make over the next ...


Josh Palmer joins from third-party marketer Brook Green Group

The post Garraway hires business development pro appeared first on HFM InvestHedge.


These Hedge Funds Were Right Betting On Corindus Vascular Robotics Inc (CVRS)  Insider Monkey

It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by...


Vincent Amatulli joins alternative asset manager as chief technology and operations officer

The post FS Investments hires former Broadridge CTO appeared first on HFM Technology.


A lot of people watched Tim Sloan's performance in front of Congress last week and thought "Wow, Wells Fargo really should have made that Gary Cohn thing happen." Two things have become irrefutably clear over the last few months; Wells Fargo is still a disaster and Tim Sloan will never be seen as ...


From its California headquarters, the bond manager has quietly grown to oversee more than $20 billion in hedge funds.

The post Firm of the Year nominee: PIMCO appeared first on Absolute Return.


The Unicorn Stampede Is Coming  Bloomberg

Remember when people were worried about unicorns? It was a specific worry; the worry was not just that a lot of technology companies seemed to have ...


Hedge fund manager sentenced to 60 months security fraud, hacking scheme | SC Media  SC Magazine

A hedge fund manager convicted of conspiracy to commit securities fraud and computer intrusion, among other, crimes was sentenced in U.S. District Court to 60 ...


$3bn corporate pension redeems from shuttered Brenner; troubled Goldman fund

The post Eaton drops hedge funds, introduces private credit appeared first on HFM InvestHedge.


The EuroHedge Top 20 ranks the best year-to-date performers managing $250 million or more

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


No one likes the SAT. It’s still the fairest thing about admissions.  The Washington Post

Eliminating standardized testing would remove the one admissions criterion that can prevent fraud and increase social mobility.


Europe’s hedge funds continued their positive start to the year with further gains in February.

The post February Pulse: European hedge fund industry performance appeared first on EuroHedge.


Former US hedge fund manager sentenced in hacking scheme  Investment Executive

A former U.S. hedge fund manager has been sentenced to five years in jail, fined and ordered to forfeit millions for his role in an insider trading scheme that ...


Former hedge fund manager gets jail time for hacking scheme  Advisor.ca

A former U.S. hedge fund manager has been sentenced to five years in jail, fined and ordered to forfeit millions for his role in an insider trading scheme that ...


AI-Based Hedge Fund Numerai Raises $11 Million via Token Sales  BlockchainDefender

American prediction market startup and hedge fund Numerai (NMR) has raised $11 million in an initial coin offering (ICO) round led by investors Paradigm and ...


Boston hedge fund manager gets 14 years for running Ponzi scheme  Boston.com

BOSTON (AP) — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi ...


Hedge fund launches drop to lowest level in 18 years  Citywire Financial Publishers

Last year saw the fewest hedge fund launches since the turn of the millennium, with the final two quarters both seeing more liquidations than openings.


The West Hollywood School Where Proctors Are Suspected of Giving Test Answers  The New York Times

Friday: How prosecutors say William Singer helped students cheat on college exams; layoffs at Disney; and broth from Nyum Bai in Oakland.


Love For Levi's, A Billionaire's Alleged Bad Behavior, Top-Earning Hedge Funders: Your Daily Dozen Briefing  Forbes

The topline of today's news: Levi shares 'popped' on the first day of trading for the iconic American fashion brand; Hedge fund investor and philanthropist ...


A group of insurers have formed a creditor group with Baupost Group LLC in a bid to recoup billions of dollars in insurance payouts from PG&E Corp. stemming from damage caused by California wildfires.


A Boston-area hedge fund manager was sentenced yesterday in federal court in Boston for running a multimillion-dollar Ponzi scheme. Raymond K. Montoya, 70, of Allston, was sentenced to 175 months in ...


Hedge fund manager gets 14 years for running Ponzi scheme  Boston Herald

BOSTON — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi scheme ...


Hedge fund manager gets 14 ears for running Ponzi scheme  San Francisco Chronicle

BOSTON (AP) — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi ...



Hamish Chalmers joins Arya after spending nearly two years with Watermark Fund Management

The post AB Arya Partners hires Watermark manager appeared first on HFM Week.


Hamish Chalmers joins Arya after spending nearly two years with Watermark Fund Management

The post Former Och-Ziff PM joins AB Arya Partners appeared first on HFM Week.


Quants Are Grabbing the Calm Stocks That Hedge Funds Don't Want  Bloomberg

Quants are flocking to boring stocks as the strategy flips from high-flyer to laggard -- while hedge funds that are snubbing placid securities outperform.


Hedge fund manager gets 14 ears for running Ponzi scheme  New Jersey Herald

A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi scheme has been ...


Insurers and hedge fund form creditor group in PG&E Bankruptcy, Paulson Opposes Newmont's merger deal with Goldcorp; and more

The post News round-up: Hedge funds reel after Alzheimer’s study erases over $18bn appeared first on HFM Week.


As more investors mimic Paul Singer's activist approach, the nation's conglomerates are increasingly engaging with minority shareholders.


Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop & more  CNBC

Check out the companies making headlines before the bell: Tiffany — Tiffany came in 7 cents a share above estimates, with quarterly profit of $1.67 per share.


Brian Kuzma readies Texas-based Thomist Capital

The post Former Citadel PM preps l/s energy fund appeared first on HFM Week.


Hedge fund launches fall to 18-year low  Financial Times

Handful of largest managers scoop up bulk of cash inflows, squeezing new players.


  By David Drake   Initially designed to power bitcoin, blockchain technology has spawned a wide range of uses hitherto not conceivable to many. Today, the technology has found application in almost all aspects of our daily lives, from healthcare, shipping, finance, to education, entertainment and much more, to earn the term ‘the Internet of Value’. Beyond these sectors, the […]


A star investor in 'The Big Short' is betting against Canadian banks  Business Insider

Steve Eisman, the hedge-fund manager famous for betting against the US housing market in 2008, is sounding the alarm on the Canadian market.


Start your day with the Opening Bell powered by The Water Coolest. The Water Coolest is the preferred bathroom stall reading material of finance professionals. Sign up for the free daily newsletter. Oh, and BTW, The Water Coolest and Dealbreaker are giving away a Johnny Wall Street Starter Kit: 1x ...


DealBook Briefing: Rajat Gupta Won’t Say Sorry  The New York Times

The former head of McKinsey spent time in prison for tipping an insider-trading ring. Now, Mr. Gupta is speaking out — but not apologizing.


Morning markets: Do ag price moves show hedge funds in retreat?  Agrimoney.com

If funds were really in retreat from their record net short bet in agricultural commodities, the contracts on which they had been most bearish might be expected to ...


MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has Implemented Anaplan for the use of carried interest modelling for its alternative investment clients with improved real-time planning and decision-making processes.


FINSIA, an Australasian financial services professional body, is to introduce an ethics test for Australian Bankers and securities market professionals. The test has been developed in partnership the Chartered Institute for Securities & Investment (CISI).


The fund sits within the 1798 Alternatives platform led by CEO Jean-Pascal Porcherot

The post Ex-Point72 PM launches equity l/s fund with Lombard Odier appeared first on HFM Week.


Investors added $1.69bn to hedge funds in February  Opalesque

Hedge funds see lowest February net flows since 2009, despite positive month, according to the just-released eVestment February 2019 Hedge Fund Asset ...


BOSTON (AP) — A Boston hedge fund manager who scammed millions of dollars from friends, family and other investors in what authorities say was a Ponzi scheme has been sent to prison for more than 14 ...


Hedge funds extend winning streak to a second month, says BarclayHedge  HedgeCo.net

(Hedgeweek) Hedge funds extended their winning streak to a second month with a February return of 1.24 per cent, according to the Barclay Hedge Fund Index ...


(Opalesque) Despite slowing growth, the private debt market continues to flourish and is expected to top $1.4tn within the next five years, said a report. Approximately $100bn was raised by private debt funds in 2015 and again in 2016, matching […]


(Bloomberg) Hedge funds focused on the $5.1 trillion-a-day foreign exchange market are trying to circumvent the dearth of volatility by going farther afield to find an edge. GCI Asset Management is tapping managed futures — often leveraged instruments — for […]


(Bloomberg) Kate Holleran, head of U.S. capital solutions at Barclays, discusses the firm’s 2019 outlook for hedge funds. She speaks on “Bloomberg Daybreak: Americas.” To see this story:


(Bloomberg) A state judge dismissed a lawsuit that hedge fund Marble Ridge Capital LP brought against Neiman Marcus after the retailer had shuffled its assets. Judge Tonya Parker signed the ruling on Tuesday which dismissed the lawsuit for “lack of […]


(Forbes)The computer geeks are taking over Wall Street. During a disappointing year that saw the average hedge fund manager lose money, elite quantitative traders stood out in 2018 from the rest of the trading crowd. More than half of the […]


(Reuters) The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund’s demands for a hefty special dividend and a board […]


New hedge fund launches have sunk to their lowest level since the start of the century as untried managers struggled to attract capital in 2018, a year of widespread disappointment for investors in ...


Paul Singer's Elliott loses in showdown with Hyundai  Bloomberg

Hyundai Motor Group prevailed over Elliott Management Corp. in a hotly contested proxy fight over dividends and board reforms, a year after the hedge fund ...


Allston hedge fund manager sentenced to over 14 years in prison for Ponzi scheme  The Boston Globe

A hedge fund manager from Allston was sentenced Thursday to more than 14 years in federal prison for running a Ponzi scheme where he scammed millions of ...


Anant Jatia wins ABN AMRO's 'AIF Factor' for most convincing hedge fund pitch in Amsterdam  Opalesque

Mumbai, India based Greenland Investment Management, a systematic asset manager focusing on global arbitrage strategies, won ABN AMRO's 'AIF Factor' for ...


Daniel Hill, a research analyst for the global equity team at William Blair, has written an insightful piece about the hot competition for data scientists underway in the alpha-seeking world today.  Hill begins with the observation that there are lots of different buzzwords, hashtag-worthy words and phrases, at use inRead More


Hyundai shareholders inflict big defeat on U.S. fund Elliott in proxy vote  Reuters

SEOUL (Reuters) - Hyundai Motor Group companies' shareholders rejected on Friday Elliott Management's demands for a massive special dividend and board ...


U.S. fund Elliott suffers crushing defeat in Hyundai proxy vote  Reuters

Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow ...


Bailey McCann, Opalesque New York: Are Initial Coin Offerings (ICOs) a scam? New research from Daniel Liebau and Patrick Schueffel looks at a group of ICOs from 2016 to determine how many offerings were fraudulent and what investors can do to safeguard their capital. The work was presented at the In...
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Laxman Pai, Opalesque Asia: Aberdeen Standard Investments (ASI), the fund management arm of Standard Life Aberdeen, has formed a joint venture (JV) with UK-based alternatives specialist Gresham House to target smaller listed companies. The JV, which will be owned 50:50 by Gresham and Aberdeen, will...
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From Intelli News: A hedge fund founded by former Russian star strategist Al Breach has seen its assets under management rocket by 70% last year to almost $1.4bn, bne IntelliNews can reveal. Gemsstock's client assets climbed to $1.37bn by September 2018 from $830mn for the prior year, according to a...
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U.S. fund Elliott suffers crushing defeat in Hyundai proxy vote From Reuters: Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-...
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Kevin Durant, Will Smith top the lineup for a new venture-capital fund From WSJ: Silicon Valley stalwart Andreessen Horowitz is launching a novel effort to boost diversity in technology: an exclusive new fund targeted at black celebrities, athletes and media figures. Basketball star Kevin Durant,...
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U.S. hedge fund manager Steve Eisman builds short position in Canadian bank stocks From FT: A fund manager made famous by the book The Big Short has refocused his sights on Canada, betting that a tottering housing market and a sluggish economy will bring trouble for the country 's biggest banks. St...
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From Institutional Investor: Demands for billions in buybacks have forced tough decisions on the automaker, a new report argues. The recent political furor over General Motors' plant closure in Lordstown, Ohio, has raised a question over the wisdom of the company's billions in share buybacks and ...
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San Francisco continues to reduce equity portfolio From CIO: The board of the San Francisco Employees' Retirement System (SFERS) has terminated two investment strategies run by Dimensional Fund Advisors (DFA) due to poor performance as it continues to restructure and reduce its more than $9 billion...
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Michael Gelband's hedge fund ExodusPoint has added a trio of former Carlson Capital staffers to its growing team From Business Insider: ExodusPoint, which set a record for the biggest hedge fund launch ever last year with $8 billion in seed capital, has brought on Ivan Ross, the former head of fixe...
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Numerai token sale raises $11m from VC Firms Paradigm, Placeholder From Coin Desk: Few companies in 2019 have managed to attract venture capitalists to private token sales without giving up equity. Yet the hedge fund and predictions market startup Numerai just closed an $11 million round in March l...
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Insurers and hedge fund form creditor group in PG E bankruptcy From WSJ: A group of insurance companies and hedge fund Baupost Group LLC have formed a creditor group to attempt recouping the billions of dollars in insurance payouts from PG E Corp. stemming from damage caused by California wildfires...
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Europe's bourses say report refutes data profiteering claims From Reuters: Stock exchanges in Europe are not harming markets or gouging customers with the fees they charge for data, an industry-commissioned report said. The report from consultants Oxera for the Federation of European Securities Exc...
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ESG (environmental, social, and governance) investment in Japan has begun to penetrate beyond the well-known example of the Government Pension Investment Fund (GPIF). During 2018, Japan's three major trust banks (shintaku ginko) launched commingled funds tracking MSCI's ESG index for corporate pens...
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In a boardroom setting, she stands out. She's not in a grey suit and tie. She's young. And she's female. At just 29, Victoria Harris is one of New Zealand's up-and-coming fund managers and her message is clear: more women need to move into finance and change this picture. "I've been inter...
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Judge advises Lampert's firm to pay back millions swiped from Sears A bankruptcy judge has "strongly" advised the company that bought Sears out of bankruptcy to hand over millions of dollars to the old Sears. At a Thursday hearing, Judge Robert Drain weighed in on the contentious ...
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