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Industry Headlines:

Asia First Financial Intelligence Limited - Hedge funds in emerging markets (EM) recorded industry-leading gains through mid-2019 despite escalating trade tensions, a declining Chinese renminbi, ...


American Banker - The agencies handed banks a significant victory when they finalized revisions to the Dodd-Frank proprietary trading ban, but officials also plan to re-propose ...


Global hedge fund assets under management have stayed close to flat for months now. That’s one of the points made in the latest Eurekahedge report. As of July, the AUM is just a little under $2.3 trillion, or roughly where it has been since late last year. Although there haveRead More


Crowdfund Insider - OpenFinanance, a registered Alternative Trading System (ATS) for digital assets, recently opened up trading for tokenized hedge fund Protos (PRTS). The.


As #recession fears swirl, investors are chasing like never before defensive strategies that won big in the crisis. A #quant at a $335 billion firm says it may be a recipe for disaster. via @markets -


MarketWatch - Stories connecting with MarketWatch readers this past week.


Reuters UK - Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA to Campbell Soup Co , has amassed a stake in ...


British Pubs Aren't the Only #Brexit Bargain --> via @bopinion


The Wall Street Journal - Hedge funds have made quick profits on debt tied to HNA Group, even as the airlines-to-hotels conglomerate has scaled back internationally and fallen behind ...


Ethereum World News - The Crypto Funds performed better than Bitcoin. The crypto industry and market are still in their early stages, but these results are still noteworthy.


Sunday Business Post - A British hedge fund founded by two former Norwegian spies has built up a more than 4 per cent stake in low fares airline Ryanair, stock exchange filings show.


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.


Hedge fund investors yanked $8.4 billion in July, bringing net outflows this year to $55.9 billion, according to eVestment. That's up from $37.2 billion for all of last year. Check out the story here: via @markets


Yahoo Finance UK - The Healthcare Transformation Alliance, led by former N.J. Congressman Rob Andrews, has saved its members at least $400 million in overall health care ...


The reaction against green campaigners who use corporate jets is a problem for the industry. Electric and hybrid models may be an answer one day: via @bopinion #privatejets -


CoinDesk - Josh Gnaizda of Crypto Fund Research looks into some of the possible reasons behind the relative performance of crypto funds vs bitcoin since Q1 2017.


Opalesque - Investors withdrew another $8.42bn from hedge funds in July after $12.2bn outflows in June. However, positive performance has helped to keep industry assets ...


David Einhorn, a well-known #Tesla critic, wants Elon Musk to resign over the controversy over the company’s #solar panels via @markets


Business Insider - Hedge funds disclosed their most recent holdings in public filings earlier this month, providing a window into which companies some of the world's mos...


In the future, when the computerized philosopher-king Ray Dalio has imposed order and principles on the universe, backed by his invincible force of RayBots, people from the world over will come to the Cave of Contemplation, deep in the Enchanted Forest of Westport, Conn., to ask themselves if ...


One has to wonder if it has at last dawned on Jay Powell that he can’t win, that no matter what he does, and no matter how successful it is, he will be the recipient of a hurricane of sh*t, no matter where he is or how far up a mountain he climbs. Because he tried that today, announcing at his ...


One has to wonder if it has at last dawned on Jay Powell that he can’t win, that no matter what he does, and no matter how successful it is, he will be the recipient of a hurricane of sh*t, no matter where he is or how far up a mountain he climbs. Because he tried that today, announcing at his ...


Institutional Investor - Ivy League endowment returns have beaten a simple portfolio of stocks and bonds each of the last two years. But research firm MPI predicts that elite funds will ...


Factor #Quant Warns Everyone's Favorite Safety Trade Is Dangerous via @markets -


Prince Harry's shaming is bad news for private jets --> via @bopinion -


While you were paying attention to the latest Deutsche Bank kerfuffle—whether that be the money laundering one, or the other money laundering one, or the bond-rigging one, or the e-mail one, or the Jeff Epstein one—likely to cost it a lot of money it probably doesn’t have, or just to the general ...


Sludge - The American Prospect is a nonprofit, independent magazine covering public policy and politics. Sludge is re-publishing this article. Bernie Sanders and ...


Hedge funds have already bled 50% more money this year than in all of 2018 --> via @markets -


Institutional Investor - Several of the high-profile private companies that have recently gone public play major roles in the portfolios of firms best known for their hedge funds.


The Greene King pub chain is attractive to foreign buyers because of its real estate and the cheap #pound. Will Whitbread be next? via @bopinion #Brexit


Bloomberg - When Harry Markopolos dropped his bombshell report skewering General Electric Co., he revealed that he was working with a short seller to profit from the ...


The Irish Times - Move is part of German bank's retreat from investment banking.


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. "YOUR HUMBLE SERVANT" (Yes, this is actually how Patrick Byrnes signs emails. That is some ...


Funds Global MENA News - Emerging markets hedge funds have posted industry-leading mid-year results amidst ongoing market volatility.


CNBC - Billionaire hedge fund manager Ray Dalio is widely considered a rock star of the investing world. But the source of his success has a lot to do with superstars of ...


Hedge funds were unable to build on the previous month’s inflows in June with the industry moving back into net redemption territory with USD12.2 billion in outflows for the month.


Investors redeemed $12.2bn of hedge fund mandates in June as a result of the ongoing US-China trade conflict and Brexit uncertainty, according to BarclayHedge.


HedgeCo.net - (Hedgeweek) Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset ...


Milind Sharma and Aravind Ganesan have developed what they call the QMIT Leveraged Buyout Model—a trading strategy—based on anticipating announcements of LBOs based on QMIT’s factor library. Sharma is the CEO of QMIT, QuantZ Machine Intelligence Technologies. QMIT is itself a spin-off from QuantZ Capital, which is a stat arbRead More


Hedge fund industry sees $12.2bn in outflows for June Opalesque Industry Update - Hedge funds were unable to build on the previous month's inflows in June with the industry moving back into net redemption territory with $12.2 billion in outflows for the month. June redemptions, which represente...


EU considers $111bn tech fund to rival Apple, Alibaba From Sky: The EU is reportedly weighing plans for a euro;100bn ($111bn) fund that it hopes will fuel promising European technology companies and stave off competition from larger Chinese and US-based rivals such as Amazon and Alibaba. Under...


On Thursday, Patrick Byrne, the founder and longtime CEO of former e-tailing giant Overstock.com, resigned, saying his involvement as a federal informant in the investigation of infamous Russian spy Maria Butina made performing his duties impossible. That's not the whole story. This is. It's early...


Multi-managers have slashed their allocations to alternative UCITS funds in Q2 2019, according to Harrington Cooper's Proprietary Asset Allocation Tracker, which found cash holdings continued to grow on macro fears. In a quarter that was dominated by news of an escalating trade war between the US ...


Minnesota State Board commits $775m to private market funds From PIonline.com: Minnesota State Board of Investments, St. Paul, on Thursday approved the recommendation of its investment committee to commit a total of $775 million to six alternative investment funds. The investment staff committe...


AQR, Marshall Wace lead hedge funds to benefit from Europe bank slide From Reuters: AQR of the United States and Marshall Wace of Britain are among hedge funds to have taken sizeable positions over the past month to benefit from perceptions of European banks' vulnerability to recession. Reuter...


Balyasny's contract 'ideas man' is moving on after three months From eFinancial Careers: If you're looking for a contracting role, you could always try a hedge fund. Balyasny Asset Management, the multi-strategy fund which cut 20% of its staff in 2018 and has subsequently gained 10% in 2019 throu...


EU regulators target Libra. Is Facebook's crypto project worth the effort? From CNN: Weeks after various jurisdictions around the world expressed concerns over Facebook's Libra project, it is now the turn of EU authorities to push back against the social media giant's plans. According to Reute...


GMO says emerging markets stocks will trounce U.S. equities From Institutional Investor: Emerging markets stocks will bury U.S. equities over the next seven years, according to GMO. The asset manager has predicted that shares of large U.S. companies will lose 3.7 percent annually over that period...


Nordic pensions turn to alternatives From Aljazeera: One of the Nordic region's biggest pension funds is busy reducing its stash of government bonds as it hunts for far less liquid assets in the hope of generating higher returns. Ilmarinen Mutual Pension Insurance Co., which oversees about 48 b...


Top tech investor brushes off China's startup funding slump From Nikkei: China's startup scene is showing signs of cooling as investors shy away from increasingly high valuations, but a recovery is on the horizon, according to one of the world's leading venture capitalists. James Mi, who this ...


The high cost of investing in private equity for HNW From Forbes: I recently looked at a few of the largest US banks' private equity solutions for HNW. Even with the perspective of having worked with alternative investments for some time, I was surprised by the extra level of fees charged HNW cl...


ISS, SEC commissioners push back against new proxy voting rules From Institutional Investor: Institutional Shareholder Services is pushing back against new guidance issued by the Securities and Exchange Commission on proxy voting. The SEC is increasing transparency requirements for proxy advisor...


Activist threat: Why these five companies could come under attack From Market Watch: Data storage giant Western Digital, private-label food producer TreeHouse Foods, and tire manufacturer Goodyear are all vulnerable to an attack from activist investors, according to shareholder-activism intellige...


Hedge fund cash flows to presidential candidates - at Puerto Rico's expense From Prospect: Bernie Sanders and Elizabeth Warren have returned campaign contributions from individuals employed at hedge funds that have investments in Puerto Rican debt. An open letter from a coalition of progressive act...


From BizarreNews: If you took physics in high school you probably remember that the acceleration due to gravity is 32 feet (or 9.8 meters) per second (squared). That might not sound like a lot, but for a human body falling though the air that means your terminal velocity will be around 120 or 130 mi...


Clients withdraw €8bn from fund manager after FT stories


Rebound in returns this year has not stopped clients punishing managers for weak 2018


Remember that time the two pillars of the U.S. housing industry went belly-up and each of us had to contribute our share of $187 billion to keep them afloat? No matter! In spite of their most lukewarm efforts, the Trump administration couldn’t figure out a way to fix Fannie Mae and Freddie Mac, but ...


Hedge funds managed by people other than Ken Griffin have had a rough go over the last year or so. Returns stink. Inflows are essentially non-existent. The mortality rate is beginning to have the look of an extinction event, with the biggest names in the biz deciding the whole hedge-fund game isn’t ...


DEALSTREETASIA - Seattle and Hyderabad-based enterprise cloud platform Zenoti on Thursday announced that it has raised $20 million in funding from American hedge fund ...


CNBC - "My ultimate goal is to create a machine that works so well that I can just sit back and watch beauty happen," hedge fund billionaire Ray Dalio writes The post appeared first on cnbc..


Euronews - By Simon Jessop LONDON (Reuters) – AQR of the United States and Marshall Wace of Britain are among hedge funds to have taken sizeable positions.


MarketWatch - Emerging-market assets managed by hedge funds hit a *fresh* high and performance was solid.


Investors pull money from hedge funds at fastest pace since 2016  Financial TimesInvestors pulled around $56bn from hedge funds in the first seven months of this year, the worst start for fundraising since 2016 despite the best stretch of ...


Yahoo Finance UK - ... * Europe's STOXX 600 down 0.4%; euro-zone stocks down 0.6% * Rally triggered by Merkel comments on Brexit erodes on German stimulus worries * Report ...


Kitco News - Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and ...


Funds Europe Magazine - Emerging markets hedge funds have posted industry-leading mid-year results amidst ongoing market volatility.


Institutional Investor - A court ruling sent the stock tumbling, but some hedge funds managed to escape first.


Business Insider - Hedge funds have already seen $20 billion more in outflows this year compared to 2018 as investors seek lower fees and better performance, Bloomberg repor.


For a long time, Wells Fargo was Elizabeth Warren’s favorite punching bag and poster boy for all that was wrong with Wall Street and banks and the financial services industry in general. There were good reasons for this, in that it was both easy and sometimes more than a little justified. But it’s ...


Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset Flows Report. But strong performance in the industry continues to boost overall industry assets under management (AUM), which stood at USD3.303 trillion last month.


Bloomberg - Hedge funds have lost 50% more money so far this year than in all of 2018. Bloomberg's Jennifer Surane reports on "Bloomberg Daybreak: Americas." (Source: ...


A big short bet paid off for BlueBay in the form of its three-year wager against the British #pound --> via @markets


eFinancialCareers - Meet the ex-bankers who are hedge fund gig workers.


eFinancialCareers - Meet the ex-bankers who are hedge fund gig workers.


By Don Steinbrugge, Agecroft Partners – The highly publicised trade war between the US and China has largely been scrutinised for its apparent, short-term impact on the US economy. The conversation has narrowly focused on falling GDP growth and specific sectors of the economy which have been disproportionally hit the hardest, especially the American farmer. These are certainly important issues that should be continually considered and addressed.


Business Insider - Hedge funds have become "particularly vulnerable" to a market downturn as recession fears hit a fever pitch, Goldman warns.


The TRADE News - London-based macro hedge fund, Eisler Capital, has hired managing director and the global head of electronic futures at Goldman Sachs for a business ...


Pandora Value Jumps $1 Billion One Day After CEO Unveils Report --> via @technology -


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. POW-WOW As market participants and at least one sitting US President wait patiently for Jay Powell’s ...


The American Prospect - Bernie Sanders and Elizabeth Warren have returned campaign contributions from individuals employed at hedge funds that have investments in Puerto Rican ...


AlphaWeek - Industry tracker eVestment published data today showing that hedge fund investors withdrew another $8.42 billion from the industry in July. Still, strong ...


AlphaWeek - The Securities and Exchange Commission has charged New York-based broker-dealer AOC Securities LLC, and its former chief executive officer, Ronaldo ...


Wealth Professional - Social platforms may be valuable troves of information for investors conducting due diligence.


HedgeWeek - The Securities and Exchange Commission has charged New York-based broker-dealer AOC Securities, and its former chief executive officer, Ronaldo Gonzalez ...


Opalesque - Opalesque Industry Update - Emerging Markets hedge funds posted industry-leading gains through mid-2019, navigating rising trade tariff tensions, the falling ...


PrimeXBT, a Bitcoin-based margin trading platform offering up to 500x leverage across forex, stock indices, commodities, and cryptocurrencies, has launched a new lower fee structure that includes a reduction in overnight financing fees on all crypto trading pairs, as well as a 10x reduction in trading fees across all forex pairs.


Financial News - The London hedge fund set up by Goldman Sachs's former co-head of securities, Edward Eisler, has turned to its founder's previous employer for its latest senior ...


Financial News - Hedge fund investors do not buy the idea that the US economy is headed for a recession in the near term, according to data from Goldman Sachs. The bank ...


"If you are not growing, you are dying." - Tony Robbins On August 8, Virtu reported Q2 earnings and the stock (VIRT) fell 18%. Non-GAAP EPS came in lower than Street estimates. In addition to the costs of integrating the ITG acquisition, disappointing results in the market making segment were blamed on lower volatility and [...]


Laxman Pai, Opalesque Asia: Blackstone Group announced that it had hired Ram Jagannath, who was a partner at Navab Capital before the firm's untimely closure. Ram had previously worked as a managing director for the Carlyle Group's flagship buyout fund. Ram Jagannath, an investor with more than two...


Laxman Pai, Opalesque Asia: Although the majority of European capital is concentrated among Western Europe-based managers, Nordic-based fund managers have offered investors the largest return compared with firms in Western Europe and Central Eastern Europe. According to Preqin, the associated ris...


Goldman warns hedge fund outperformance holds crowding risk From Bloomberg: Equity hedge funds are enjoying their strongest performance since 2009 -- with the S P 500 index up 16% this year -- but Goldman Sachs Group Inc. warns that crowding is a risk. Funds have benefited from both a rising st...


PAG to raise over $2bn for eighth opportunistic realty fund From Deal Street Asia: Hong Kong-based private equity (PE) firm PAG is looking to raise over $2 billion for its eighth opportunistic real estate fund, according to sources privy to the matter. The latest pan-Asia pooled fund, Secured ...


Opalesque Industry Update - The SS C GlobeOp Forward Redemption Indicator for August 2019 measured 3.41%, up from 2.69% in July. "SS C GlobeOp's Forward Redemption Indicator of 3.41% for August 2019, though up from the 2.73% reported a year ago for August 2018, closely matched the 5-year ...


Louisiana School Employees assigns $85m to alternatives From PIonline.com: Louisiana School Employees' Retirement System, Baton Rouge, made three new commitments totaling $85 million, recently released board meeting minutes show. The $1.9 billion pension fund committed $50 million to Aether Real ...


Short sellers bloodied as Target shares jump 20% From FT: Short sellers of shares in Target, the US retailer, suffered paper losses of almost half a billion dollars after the company's better than expected sales and profit numbers sent the stock soaring to a record high. Short bets against the ...


A Deutsche Bank equities salesman just landed at a top hedge fund From eFinancial Career: It's nearly two months since Deutsche Bank's day of dread and some of the equities professionals it deemed surplus to requirement are arriving elsewhere. Among them is Paris Christofides, a former Deutsche B...


Low-quality crypto exchanges account for 64% of trading volume CryptoCompare's latest report found that low-quality exchanges dominate the crypto market in terms of volume. Although reputable exchanges such as Binance and Coinbase saw a significant increase in market share this year, investors (o...


Investment robots are listening to CEOs and reading your Twitter feed From Bloomberg: In less than a decade, Danske Bank A/S changed auditors four times before a $230 billion money-laundering scandal hammered its share price. It's those type of red flags that PanAgora Asset Management Inc. wish...


Q2 2019 hedge fund trends From Seeking Alpha: With the SEC EDGAR website crashing, it can only mean it's that time of year: 13-F season. You've undoubtedly already read headlines about Bill Ackman's latest trade, of Warren Buffett's new favorite stock. We dig deeper into some key trends we cap...


From Yahoo: Several factors are roiling world markets right now, from fears of a possible U.S. recession to erratic policymaking, trade tensions and general uncertainty. But the unusual size of the moves - regularly on the order of 1% to 3% -- is being heightened by something else: the struggle to f...


UniCredit seeks bids for 1bn euro 'unlikely to pay' loan portfolio From Reuters: UniCredit is seeking non-binding bids to sell up to 1 billion euros ($1.1 billion) in so-called "unlikely-to-pay" (UTP) loans by the end of September, a source close to the matter said, as Italy's t...


Top tech investor brushes off China's startup funding slump From Nikkei: China's startup scene is showing signs of cooling as investors shy away from increasingly high valuations, but a recovery is on the horizon, according to one of the world's leading venture capitalists. James Mi, who this y...


Serving private equity owners leaves marks on CEOs' management style From Institutional Investor: Getting bought out by a private equity firm leaves a lasting impact on the acquired company's executives, new research from the University of Arkansas found. CEOs who have worked under private equi...


When going gets tough, hedge fund traders get better, study says From Bloomberg: Sometimes it takes a crisis to bring out your best. True in politics and marriage, and also, according to a new study, in active fund management. University of Manchester researchers Xinyu Cui and Olga Kolokolova fo...


SEC takes action aimed at proxy advisers for shareholders From WSJ: Public companies notched a victory in a longstanding fight to curb the impact of consultants who influence shareholder votes on topics such as executive pay. A divided Securities and Exchange Commission voted 3-2 Wednesday to u...


Laxman Pai, Opalesque Asia: Alternative investment platform Artivest has added Florida-based private equity firm WM Partners to its Artivest Open Network. Founded in 2015 by co-founders Alejandro Weinstein and Jose Minski, WM Partners is a middle-market private equity firm that specializes in buyo...


From Reuters: The U.S. Securities and Exchange Commission on Wednesday issued new guidance that aims to clarify how investors and advisory firms that cast ballots on their behalf should vote in corporate elections on issues like pay and diversity. The guidance, which expands previous 2014 guidance...


A research study finds that when clients start pulling their money and the pressure to deliver rises, fund managers actually get better at picking #stocks --> via @markets -


Gulf Times - Equity hedge funds are enjoying their strongest performance since 2009, with the S&P 500 index up 16% this year, but Goldman Sachs Group Inc warns that.


Bets against the retailer’s shares rose ahead of blowout earnings


Pensions & Investments - Texas Employees Retirement System, Austin, rehired Albourne as hedge fund consultant, a webcast of the pension fund's board meeting Wednesday showed.


After thinking about it for a whole day, President Trump has decided that he won’t unilaterally cut taxes to prop up the economy in aid of his reelection campaign next year. But maybe he should be. After all, the Fed minutes from three weeks ago don’t make it sound like central bank is paying ...


PE Hub - Rhode Island State Investment Commission at its July meeting committed to an opportunistic private credit fund from Davidson Kempner Capital Management.


A three-year bet against the #British #pound pays off, but is now over via @markets -


Dogs are not the only things Tesla may be setting on fire. “As of November 2018, no fewer than seven Walmart stores had experienced fires due to Tesla’s solar systems - including the four fires described above and three others that had occurred earlier….” Walmart claimed, among myriad complaints, ...


Bloomberg - On this edition of "Charting Futures," Hedge Fund Telemetry founder Tom Thornton examines the performance of the British pound with Bloomberg's Abigail ...


Bloomberg - On this edition of "Charting Futures," Hedge Fund Telemetry founder Tom Thornton examines the performance of the British pound with Bloomberg's Abigail ...


Factor #quants are factoring in a lot more things --> via @markets -


Barron's - Hedge funds soured on technology stocks such as Alphabet in the second quarter, but increased their exposure to potentially politically sensitive health-care ...


ValueWalk - ValueWalk's interview with InfraHedge North America President Robert Vanderpool discussing hedge fund fee trends, the 2/20 model.


As you would imagine, with the markets hitting new highs, the number of paper millionaires has also subsequently hit a new high. According to Fidelity Investments, the number of 401(k) accounts with at least $1 million hit a new record. As of June 30, there are now 196,000 investors with at ...


MarketWatch - Hedge fund investors don't buy the idea that the U.S. economy is headed for a recession in the near term, according to data from Goldman Sachs.


eFinancialCareers - I've been in the hedge fund industry for a long time. More years than I care to admit. During that time, I've heard some brilliant things (never from myself).


When the going gets tough, hedge fund traders get better, according to a recent study --> via @markets -


Bronte Capital's John Hempton on what's ailing #bank stocks --> via @markets #hedgefund


Bloomberg - Sometimes it takes a crisis to bring out your best. True in politics and marriage, and also, according to a new study, in active fund management. University of ...


#Danish #jewelry maker Pandora, known for attracting hedge-fund attacks, has just added over $1 billion to its market value via @technology -


Seeking Alpha - Investors flee FAAMNG with the exception of GOOG/L. Managers with largest stakes in GE. Dave Plotkin's winning positions from Q2.


As you’d expect from a man without any animus towards a successful competitor, Jay Alix left no stone unturned in his effort to put McKinsey & Co. out of business, or at least out of the bankruptcy consulting business. He dug through all of the company’s conflict of interest disclosures dating ...


Washington, D.C.--(Newsfile Corp. - August 21, 2019) - The Securities and Exchange Commission yesterday charged New York-based broker-dealer AOC Securities LLC, and its former chief executive ...


TheStreet.com - Carried interest is generally a percentage of the profits generated by a hedge fund or private equity fund. Learn more about carried interest and how it works.


No 91-year-old man should have to bury his beloved child. Yet that is the tragic situation in which Paul Volcker finds himself. Two financial regulators on Tuesday approved changes relaxing trading restrictions for midsize banks and easing compliance for the biggest banks…. Among the changes, ...


Texas Employees Retirement System, Austin, rehired Albourne as hedge fund consultant, a webcast of the pension fund's board meeting Wednesday showed. The $28.7 billion pension fund issued an RFP in ...


#Activist investorMantle Ridgehas built a 20% stake in food and facilities management company#Aramarkand plans to push for changes, reports @scottdeveau via @business


HedgeWeekFinancial TimesBloombergBusiness InsiderAlphaWeek


The Eurekahedge Hedge Fund Index was up 0.62 per cent in July, bringing its year-to-date return to 6.48 per cent. Roughly 30.8 per cent of hedge fund managers in the index have recorded double-digit gains over the first seven months of the year.


Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint).


The SS&C GlobeOp Forward Redemption Indicatorfor August 2019 measured 3.41 per cent, up from 2.69 per cent in July.


eFinancialCareers - It's nearly two months since Deutsche Bank's day of dread and some of the equities professionals it deemed surplus to requirement are arriving elsewhere.


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. PRE-RECESSION LIT The FDIC and the Office of the Comptroller of the Currency approved an adjustment ...


The Braddock Multi-Strategy Income Fund has crossed the USD500 million benchmark in assets under management and received a five-star overall Morningstar Rating from among 297 funds in the Multisector Bond Fund Category as of 31 July, 2019 based on its risk-adjusted returns.


Eze Castle Integration (ECI), a global managed service provider to the financial sector, has expanded its London team with the addition of Jamie Smith as Director of International Technology and Lee Robertson as Commercial Director.


BMLL Technologies, a cloud-based Capital Markets Data-Engineering-as-a-Service company, has launched a new Derived Data Service which enables market participants to consume bespoke metrics derived from the most granular message-by-message exchange data directly into their trading systems both at speed and at scale.


The Maples Group has relocated its law firm, Maples and Calder (Jersey) LLP and its fiduciary and corporate services teams, Maples Fiduciary Services (Jersey) Limited, to a new office location at Sir Walter Raleigh House in St Helier.


Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has launched a new Cost Basis solution.


Bloomberg - Equity hedge funds are enjoying their strongest performance since 2009 -- with the S&P 500 index up 16% this year -- but Goldman Sachs Group Inc. warns that ...


The Jewish Voice - In 2016, Sanjay Valvani was indicted by federal prosecutor for using private company information to swindle the stock market. Just days after he was indicted, ...


By Blake Estes, counsel in Alston & Bird’sFinancial Services & Products Group – Following the financial crisis, the Basel Committee on Banking Supervision and the International Organisation of Securities Commissions (IOSCO), as directed by the G-20 countries, developed consistent global standards for margin requirements for uncleared derivatives to reduce systemic risk in the derivatives markets.


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