SIGN IN Free Membership

HM

HedgeMaven

Hedge Fund Industry Intelligence

Investors - Fund Managers - Service Providers
Member Sourced - Machine Enriched

Activists: Activist shareholders score with record moves in 2018, US fund ValueAct forces Olympus to appoint 3 foreign directors, MGM Resorts rises on report of Starboard Value stake
5mos ago

Activist shareholders score with record moves in 2018 From FT: Activist shareholders, emboldened by recent successes, have shattered previous records in 2018 by targeting the largest number of companies ever, deploying the most capital and winning a greater number of board seats than ever before. ...

Industry Headlines:

Sure, technical analysis of markets is all fine and dandy. We like a good long-term chart as much as the next nerd and its never not cool to look at bond yield predictions laid over equity performance. But we're also fans of non-data economic signals here at Dealbreaker dot com, so allow us to show ...


The app that everyone complains about using at work is about to be the stock that everyone brags about buying at the IPO. Slack just went public at $38.50 a share, well over its $26 reference price. That result values Slack at around $25 billion, making it rain on the professional ...


Hedge fund managers give money to lots of things. The colleges they went to. Colleges they didn’t go to but which offer more bang for the buck than the colleges they did. Colleges willing to build dorms to the precise plans a three-quarters blind man scrawled onto a cocktail napkin. Public school, ...


The Eurekahedge Hedge Fund Index was down 0.71 per cent in May, bringing its year-to-date return to 4.32 per cent. Roughly 15.0 per cent of the hedge fund managers comprising the index have recorded double-digit gains over the first five months of the year.


Nomura Alternative Investment Management (NAIM), a London and Paris-based quantitative investment manager within Nomura Group has launched the Nomura Diversified Absolute Return UCITS Fund.


Exchange Data International (EDI) has appointed an Advisory Panel to advise it on the company’s next stage in growth. This panel includes three industry experts that will assist EDI in developing its strategies for both acquisition and organic growth. The three members are: Bob Magri, Peter Sluka and Steven Goldstein.


Business Insider UK - A US hedge fund manager has attacked China's ruling party after a tribunal concluded prisoners are being executed to harvest their organs for transplants....


Bloomberg - Canopy CEO Bruce Linton Is Your Friendly Canadian Weed Guy (Bloomberg Businessweek); U.S. Business Cycle Risk Report (Capital Spectator); How 7.4 ...


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. GEEK OUT LiveNation Entertainment’s C3 Presents announced it is planningthe first ever ...


Financial Times - Hedge funds are under pressure. John Paulson, the fund manager made famous by his lucrative crisis-era bets against US mortgages is closing his Lond The post appeared first on ft..


Financial News - Renowned hedge fund manager said in January he may convert his firm to a family office in the next couple of years.


PEGAS, the pan-European gas trading platform of EEX Group, operated by Powernext, has introduced spot and futures contracts for the Spanish Virtual Balancing Point (PVB).


Sterling Trading Tech (STT) has appointed Erik Schmidt – an industry veteran with two decades of experience in capital markets – as Managing Director of Client Services.


The financial services industry’s top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions.


eVestment, a specialist in institutional investment data and analytics, has named Maria Simon as vice president of client success for the company’s Nordic region, Germany and Austria. She will be based in eVestment parent company Nasdaq’s Copenhagen office at Nikolaj Plads 6.


Predata, a predictive analytics company for anticipating geopolitical risk, has released a new suite of signals for US equities. The signals quantify online attention and concern to each of the eleven S&P equity sectors, as well as constituent companies and macro themes within those sectors.


Avelacom, a connectivity and IT infrastructure solutions provider for the financial services industry, has promoted Vincent Harrison to Managing Director, Global Sales, to drive business growth and further develop Avelacom’s low latency network across the Americas, EMEA and APAC.


Crystal Capital Partners, the operator of an alternative investments platforms for financial advisors and their qualified purchaser (QP) investors, has reported 46 per cent growth in its advisory partnerships since January 2018.


J.P. Morgan Chase & Co. has made plans to refocus its $2.85 billion Highbridge Capital Management multistrategy hedge fund to a credit-focused fund, confirmed J.P. Morgan spokesman Darin Oduyoye. The ...


Sydney Morning Herald - Millennials' shopping habits and the rising iron ore price have helped fuel massive gains at Regal Funds Management's hedge fund this year.


Bloomberg - Short sellers are getting paid as investors are losing their tolerance for failure. “The environment for shorting has improved a lot this year and last year,” said Per ...


Laxman Pai, Opalesque Asia: Looking back at the development of the shipping-focused fundraising market in recent years reveals that managers have been closing fewer funds, but at record-high totals. According to Preqin Insights, the infrastructure funds investing in the shipping industry have co...


Laxman Pai, Opalesque Asia: Over the past two years, $13bn has been invested in the US vegan/alternative food industry, bringing the total amount invested in the sector up to $17bn, said latest Preqin Insights. With the vast majority of this capital injected into the industry within the past coupl...


Laxman Pai, Opalesque Asia: H.I.G. Capital, alternative assets investment firm with over $31bn of equity capital under management, said that its distressed debt and special situation affiliate H.I.G. Bayside Capital closed its latest special situations credit fund, H.I.G. Bayside Loan Opportunity Fu...


Bailey McCann, Opalesque New York: The impact investing market size is now estimated to be $502 billion. But is private equity ready for it? A new report from KPMG surveyed senior private equity executives who are active in impact investing and asked them how funds can be successful if they shift to...


From Institutional Investor: The huge success of Chewy's IPO on Friday is undoubtedly exciting for hedge funds and other investors whose private company holdings are gearing up to go public.Shares of Chewy, an online pet supply company, surged 59 percent to close at $34.99 in its first day of tradin...


What does it take for a new hedge fund to make it? $250m From Bloomberg: For a baby sea turtle there's a 1 in 1,000 chance of making it to adulthood. If you're starting a hedge fund, the odds may look just as daunting. Only the fittest survive in the fund business -- and that means starting up ...


Aussie hedge fund bags 74% gain on winning bets From SMH: Millennials' shopping habits have helped fuel hefty gains at a Sydney-based hedge fund this year, while global money managers struggle. Regal Funds Management's Atlantic Absolute Return Fund shot up 74 per cent through May, boosted by winnin...


Pennsylvania SERS to cut return rates, hedge fund allocations From CIO: The Pennsylvania State Employees' Retirement System is trimming its long-term assumed rate of return as well as its hedge fund allocations amid choppy markets and political pressure. The $29 billion fund's board agreed to r...


Pimco hires head of corporate special situations From Investment Europe: Pimco has hired Jamie Weinstein as managing director, portfolio manager and head of Corporate Special Situations, effective 1 September 2019. Weinstein will be based in Newport Beach and will report to Dan Ivascyn, Pimco's gro...


Line near approval of Japan license for crypto exchange From Bloomberg: Line Corp., Japan's largest messaging app, is close to getting a license to launch a cryptocurrency exchange in its home nation, according to people familiar with the matter. Japan's Financial Services Agency could issue th...


National anti-vax group rakes in donations from NYC hedge fund manager A New York City hedge fund manager and his wife are some of the biggest funders of the national vaccine movement. Bernard and Lisa Selz, whose family foundation is worth more than $150 million dollars, have funneled more than $3...


Hedge fund manager Paulson pulls out of London From FT: Hedge fund manager John Paulson, who made billions of dollars on bets against the US housing market in the run-up to the financial crisis, is closing what remains of his London operations as he prepares to stop managing money for external clie...


Japanese companies brace for contentious AGM season From FT: Japan's second-biggest dairy, a global property empire and an Osaka-based paint company may not seem to have much in common. But over the past six months - with corporate Japan facing potentially the most contentious shareholder meeting s...


Singapore VCC tipped to create new regional investment boom From Asian Investor: Singapore's new corporate structure, the Variable Capital Company is helping to deliver on industry demands for a local product that is both suitable for all types of investment funds and which is also competitive on t...


International investors shoot for equities and alternative assets From CIO: Institutional investors representing almost $5 trillion in assets across Asia, the Middle East, Africa, and Latin America are drifting somewhat in the same direction in different key aspects, a report by global consulting f...


25 biggest activist short sellers in the hedge fund world From Insider Monkey: The world of investing is both complex and simple at the same time. What makes it simple are its basics - invest your money in a business and profit from it. Its complexity lies in so many options, strategies, tactics, a...


One of the most powerful women in hedge funds doesn't run money From WSJ: In the overwhelmingly male world of hedge funds, Ilana Weinstein is one of the most powerful women. But Ms. Weinstein doesn't manage money. Instead, she scouts the people who do. Her firm, the IDW Group LLC, headhunts for...


A lock of Ludwig von Beethoven's hair sold at auction on June 11 for an unexpected 35,000 British pounds (about $45,000), "Inside Edition" reported. Sotheby's said the framed hair was given by Beethoven to a friend, pianist Anton Halm, as a gift for Halm's wife almost 200 years ago...


Steve Schwarzman was a latecomer to big-time philanthropy, only starting to slap his name on things with eight- and nine-figure checks about 10 years ago, long after he had 10 figures in the bank. But in that time, he’s learned some things. He’s learned that his fellow affluent southeastern ...


The #SEC considers easing long-standing restrictions that prevent regular #Americans from investing in hedge funds like the wealthy can via @markets (Feed generated with )


The world of investing is both complex and simple at the same time. What makes it simple are its basics – invest your money in a business and profit from it. Its complexity lies in so many options, ...


Institutional Investor - In a rough week for Selz Capital, its founder drew scrutiny for supporting anti-vaccination efforts, just as its chief investment officer said he's leaving the firm.


Bloomberg - Millennials' shopping habits have helped fuel hefty gains at an Australian hedge fund this year.


Financial Times - Morningstar has suspended its rating on a fund run by H2O Asset Management because of its holdings of illiquid bonds, after a Financial Times investigati The post appeared first on ft..


You think you can fire Jay Powell? You think you can intimidate Jay Powell? Well, suck on this! Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal ...


Nikkei Asian Review - Samsung's Lee Jae-yong may be out of prison, but the de facto head of the family-owned South Korean colossus may be feeling confined all over again.Th.


In literally no realm of normalized thinking can one look at the recent news that Donald Trump wants to fire the chairman of the Federal Reserve for not doing exactly what Trump wants and think, "This a good thing for America." The Fed is independent because politicization of monetary policy ...


A hedge fund chief credits a #Colts cornerback with saving his son's life via @luxury (Feed generated with )


Hedge funds for everyone? The #SEC ponders letting in the not-so-rich --> via @markets (Feed generated with )


Yahoo Movies - Drew Dickson shared a heartwarming story this week.


"My favorite things in life don't cost any money. It's really clear that the most precious resource we all have is time." -Steve Jobs If you happen to be reading this note while occupying a seat at a firm like Wolverine Trading or Peak6 or D. E. Shaw or AQR or any number of other [...]


Hedge Fund ExodusPoint Snags Aesir Team as Fishman's Firm Folds, report @KatLeighDoherty @KatiaPorzo @sridinats via @business (Feed generated with )


The Wall Street Journal - In the overwhelmingly male world of hedge funds, Ilana Weinstein is one of the most powerful women. But Ms. Weinstein doesn't manage money. Instead, she ...


What does it take for a new hedge fund to make it? $250 million, report @parmarhema and @KatiaPorzo via @markets - (Feed generated with )


The Association of the Luxembourg Fund Industry (ALFI) has appointed of Corinne Lamesch as the new Chairperson of ALFI following its annual general meeting. The appointment is effective immediately and will run for two years initially. In addition, a new Board of Directors has been elected.


Bloomberg - For a baby sea turtle there's a 1 in 1000 chance of making it to adulthood. If you're starting a hedge fund, the odds may look just as daunting.


A foundation run by the founder of Selz Capital, a New York-based hedge fund firm with roughly $750 million under management, has come under fire for funding anti-vaccination groups. The Selz ...


Woodford’s Hedge Fund foe Rules out a Return to Shorting his Holdings (FNLondon.com) NEWSHedge Fund Mogul to Sell Half of Queens Steinway Factory to Robert De Niro Group (The Jewish Voice) The ...


The Daily Beast - A New York couple is behind more than $3 million in contributions to the anti-vaccine movement, including at two forums that serve the city's ultra-Orthodox ...


The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book ...


Chief Investment Officer - The Pennsylvania State Employees' Retirement System is trimming its long-term assumed rate of return as well as its hedge fund allocations amid choppy ...


GlobeSt.com - The transaction was funded by a New York City-based real estate hedge fund.


A wealthy Manhattan couple has emerged as significant financiers of the anti-vaccine movement, contributing more than US$3 million ($4.6 million) in recent years to groups that stoke fears about ...


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. WHAT A TIME TO BE ALIVE Facebook made it official yesterday,introducingthe world to its ...


Hellenic Shipping News Worldwide - Hedge fund managers sold yet more oil last week as a weaker outlook for the global economy and expectations of a hit to consumption more than offset ...


Opalesque - The Preqin All-Strategies Hedge Fund benchmark generated its first negative monthly return for 2019 in May, posting a loss of 0.10%.


Euronext has completed the acquisition of Oslo Bors VPS and now own 97.8 per cent of the total issued and outstanding share capital of the exchange.


Prestige Funds, is launching two new distribution share classes for its recently launched Prime Alternative Finance - Luxembourg SICAV.


Refinitiv has made a strategic investment in alternative data platform and marketplace BattleFin forming a partnership which will provide customers with access to alternative datasets across its data platforms, including quantitative data management platform QA Direct in the Cloud.


CFTC Commissioner Daniel Berkovitz recently spoke to the FIA Commodities Symposium, in Houston, Texas, about the reduction of systemic risks and the strengthening of market integrity under the Dodd-Frank Act. He gave the usual disclaimer, that the views he expressed in this address were his own not those of theRead More


PRNewswire - BOSTON, June 18, 2019 /PRNewswire/ -- Cambridge, Massachusetts is soon to be home to The 907 Main Hotel, a $45 million, upscale boutique hotel project ...


Financial News - Kerrisdale, the US hedge fund that made a public enemy of Neil Woodford after shorting two of his prominent holdings, is no longer making bets against ...


A former top executive at Westwood Holdings has lined up at least $150 million for the launch of a long-only vehicle.Mark Freeman, who previously ran the multi-asset investment team at the $16 billion Westwood, plans to begin trading on July 1 from his newly formed Socorro Asset Management of Dallas. Day-one limited partners include a Texas endowment and a family office that invests the fortune of the late real estate developer Fred Trammell...


How modern life is transforming the human skeleton From BBC: From the emergence of a spiky growth at the back of some people's skulls to the enigmatic finding that our elbows are getting narrower, our bones are changing in surprising ways. Here's how much hedge funds like Citadel pay their ...


Activist hedge fund opposes $1.74bn acquisition of Hudson's Bay From PE Hub: U.S. hedge fund Land Buildings Investment Management said it opposes the proposed acquisition of Canadian department store operator Hudson's Bay Co by a group of shareholders, including Executive Chairman Richard Baker...


From Bloomberg: Stephen Schwarzman, head of Blackstone Group LP, has given 150 million pounds ($188 million) to the University of Oxford, the latest in a string of mega-donations to higher learning. The contribution is the largest in the university's 800-year history, according to a person famili...


Corporate venture capital (CVC) - equity investments in startups made by corporate entities - is steadily rising in the market. In 2018, the number of active CVC business units rose to 773, a 35% increase over the previous year. These CVC units participated in 32% more deals and invested 47% more fu...


Facebook could be for crypto what AOL was for internet adoption From Hindustan Times: In the same way that AOL was just the entry point to the internet for many users, the Facebook venture could be a first step toward its customers seeing value in other crypto. Facebook Inc., a centralised corp...


Lazard Asset Management expands Quantitative Equity Platform Opalesque Industry Update - Lazard Asset Management LLC (LAM), today announced the expansion of its quantitative equity platform with the addition of a San Francisco-based investment team. The new Lazard U.S. Systematic Equity team co...


Brazil hedge fund firm sees 20% upside in local stocks From Bloomberg: Brazilian stocks are the most attractive asset in the local market and have room to run as Congress debates a key pension reform project which may be approved in the third quarter, according to Bahia Asset Management, a Rio de...


CalPERS enlists in trust to pre-fund contributions From PIonline.com: CalPERS adopted two asset allocations for a new trust fund established by the state to help California public employers that offer a defined benefit pension plan to pre-fund pension contributions. The trust fund, established ...


From Bloomberg: Hedge funds and private equity firms may be inching closer to getting their hands on a big pot of money that U.S. regulators have mostly kept out of reach: Cash from mom-and-pop investors. Such an opportunity would be significant for industries that have largely had to restrict the...


At some point during his extended—and ongoing—temper tantrum over the man he made chairman of the Federal Reserve, Donald Trump came to the unfortunate, self-pitying conclusion that he was stuck with Jay Powell. It seemed at the time that this was probably because the lawyers told him he couldn’t ...


From City Wire: Almost twice as many hedge fund firms demonstarted improvement on ESG in comparison to last year, LGT Group's annual ESG report found. The firm, which assessed the performance of 304 managers globally, stated that the amount of hedge fund firms viewed as "excellent&quo...


#Brazilian stocks are the most attractive asset in the local market, according to Bahia Asset Management via @markets - (Feed generated with )


Private-equity firms are raising bigger and bigger funds. They often don 't deliver. Blackstone Group is in the final stretch of raising what would be the largest private-equity fund ever. Big funds, however, don 't necessarily translate into big returns. The private-equity giant has capped its l...


Laxman Pai, Opalesque Asia: Sun Life Financial Inc. has merged several of its third-party money managers to create a new institutional investment arm - SLC Management. With $160bn combined assets under management as of March 31, 2019, SLC Management provides its more than 1000 institutional client...


Bailey McCann, Opalesque New York: London-based Cheyne Capital Management has closed its inaugural European Strategic Value Credit Fund at the €1bn hard cap. The fund was significantly oversubscribed. The vehicle will invest in loans from middle market European banks that they are selling ...


From News of the Weird: A 47-year-old resident of southern Israel approached a teller at a Postal Bank branch in mid-May, handing her a note that read, "Hand over the money in the drawer" (misspelling the Hebrew word for "drawer"), The Times of Israel reported. A...


Financial Planning - Hedge funds and private equity firms may be inching closer to getting their hands on a big pot of money that U.S. regulators have mostly kept out of reach: cash ...





An #activist investor pushing for change at Hudson’s Bay isn’t impressed with a bid by the retailer’s chairman to take the chain private via @markets (Feed generated with )


Bloomberg - Hedge funds and private equity firms may be inching closer to getting their hands on a big pot of money that U.S. regulators have mostly kept out of reach: Cash ...


Hedge Fund Telemetry's Thornton Says Short the #S&P 500 E-Minis (Feed generated with )


Sometimes, we let financial satire speak for itself because the basic premise of what is being said cannot be made funnier or darker. This statement from Facebook [the same Facebook that has spent the last 18 months in perma-crisis mode after letting user data be used to sell products and weaken ...


What if we told you that three big-time bankers are on the move, some of them toting around client relationships with whales like SoftBank and Apollo Global, while others have experience running a European equities desk? Big fish, right? And what bigger fish might be gobbling them up? Citi and ...


Bloomberg - “Good things happen to good people.” That's how Drew Dickson, the founder of London-based hedge fund Albert Bridge Capital, described Indianapolis Colts ...


Institutional Investor - Lazard's asset management arm has expanded its quantitative equity group, adding a team of four from a San Francisco hedge fund. Lazard Asset Management ...


Financial Times - JPMorgan-owned hedge fund Highbridge is shutting large parts of its business to focus on corporate debt investing, after a long spell of poor performance by its ...


#Brazil Hedge Fund Firm Sees 20% Upside in Local #Stocks --> via @markets - (Feed generated with )


SafeHaven.com - Gold bulls are back as investors pile into the precious metal on renewed geopolitical threats that could send markets into a downward spiral.


Why Ashland is such an alluring target for #activists --> (Feed generated with )


We're not saying that Donald Trump continues to fail to grasp the subtle vagaries of central bank actions and the impact they have on international economics. Donald Trump is: And in the off chance that anyone spent the remainder of their morning wondering if a man who cares about nothing ...


Business Insider - JP Morgan's Highbridge Capital believes investors want more specialized products instead of broad funds, and will remake its mult-strategy fund with a credit ...


Alternative asset manager Cheyne Capital Management (Cheyne Capital) has closed its inaugural European Strategic Value Credit Fund (SVC) having scaled back subscriptions to the Fund's capacity limit of EUR1 billion.


Lazard Asset Management has expanded its quantitative equity platform with the addition of a San Francisco-based investment team.


Swiss data specialist SIX has partnered with SimCorp to provide financial institutions with greater global sanctions data coverage.


eFinancialCareers - Hedge funds are more generous than investment banks when it comes to paying engineers.


When reviewing middle-office outsourcing proposals, this comment is not uncommon. However, the inclination to evaluate outsourcing by extrapolating in-house operating budgets and comparing them to outsourcing proposals is an insufficient method for determining the total value of a proposed outsourcing relationship.


That’s how Drew Dickson, the founder of London-based hedge fund Albert Bridge Capital, described Indianapolis Colts cornerback Kenny Moore at the end of a deeply personal essay that took off The post appeared first on bing..


citywireselector.com - Almost twice as many hedge fund firms demonstarted improvement on ESG in comparison to last year, LGT Group's annual ESG report found. The firm, which ...


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. THE ART OF THE DEAL Run of the mill, eccentric billionaire:*Buys $91M balloon animal* Patrick ...


See It Market - Alternative Investments are a wide-ranging asset class which includes hedge funds, structured products, and private equity - how is this investing strategy ...


U.S. super rich are descending on London’s luxury #housing market --> via @markets @JackSidders - (Feed generated with )


Bloomberg - Brazilian stocks are the most attractive asset in the local market and have room to run as Congress debates a key pension reform project which may be ...


The pace of hedge fund redemptions slowed in April but continued for a second straight month with USD9.4 billion in net outflows worldwide, down from USD11.0 billion in March. Despite the outflows, industry assets under management increased to more than USD3.09 trillion due to USD33.6 billion of trading profits for the month.


INDOS Financial, an independent fund depositary and oversight business, has appointed Seymour Banks as Head of ESG – Environmental, Social & Governance.


HedgeWeek - Intertrust, a global provider of administrative services to corporate, fund, capital markets and private wealth clients, has Viteos, a provider of technology solutions ...


Broadridge Financial Solutions has launched a change management service to help companies design their target operating models to be compliant with the upcoming Securities Financing Transactions Regulation (SFTR).


IHS Markit’s ClearPar service is now delivering syndicated loan trade settlement and trade funding information directly to custody systems using electronic messaging.


U.S. hedge fund Land & Buildings Investment Management said it opposes the proposed acquisition of Canadian department store operator Hudson’s Bay Co (TSX: HBC) by a group of shareholders, including ...


Inc. - The hedge fund Elliott Advisors has bought Barnes & Noble for $638 million. Generally, when financial investors buy large retail chains, it usually means the end ...


With so many alternatives options available, Solomon Nevins, Senior Investment Manager at Architas, weighs up the options


HedgeCo.net - (Hedgeweek) Alma Capital Investment Management is to acquire DWS's Hedge Fund UCITS business, which provides investors with access to liquid alternative ...


Livemint - Explosive growth in alternative investment vehicles is storing up future trouble for middle-class investors.An economy growing at its slowest pace in five years ...


Risk.net - A strategy betting against low conviction shorts beat a benchmark model by 6% in back tests.


Opalesque - Opalesque Industry Update - The pace of hedge fund redemptions slowed in April but continued for a second straight month with $9.4 billion in net outflows ...


Ferguson, the #plumbing giant, is less loved than Home Depot and Lowe's. This famed #investor wants to do something about that via @bopinion (Feed generated with )


If you haven't visited a B&N in a while, you might want to soon. Load Error The hedge fund Elliott Advisors has bought Barnes & Noble for $638 million. Generally, when financial investors buy large ...


The risk to cash flowing to U.S. homebuyers is at risk, Wall Street warns... via @markets (Feed generated with )


Hedge fund Cheyne raises $1.12bn for stressed loan fund From FT: London-based hedge fund Cheyne Capital has raised euro;1bn ($1.12bn) for a new fund that will aim to profit from European banks selling down their loan portfolios to meet new accounting and regulatory standards. The Cheyne Europe...


Calpers' dilemma: Save the world or make money? From WSJ: The California Public Employees' Retirement System was one of the first public-pension systems to tie its investments to social activism. Now it is having second thoughts. In the last two years, its directors have opposed proposals to s...


Hedge funds sell more oil, but balance of risks is shifting From Reuters: Hedge fund managers sold yet more oil last week as a weaker outlook for the global economy and expectations of a hit to consumption more than offset concerns about sanctions on Iran and Venezuela and other production proble...


Asia ex Japan head Peter Sartori exits Nikko AM From City Wire: Asian equity veteran Peter Sartori has departed Nikko Asset Management to pursue 'other interests', the company has said. Sartori had served as head of Asia ex-Japan equities at the company since its 2013 purchase of Treasury Asia As...


Rich families with time on their side turn to #timber for growth, reports @LananhTNguyen via @markets (Feed generated with )


AKJ Crypto launches crypto fund for institutions From Funds Europe: AKJ Crypto, a crypto asset platform for hedge funds, has rolled out a crypto fund suitable for professional investors. The Avenue Crypto IC Sicav plc fund aims to provide an institutional-grade offering for professional crypto fu...


From Forbes: Billionaire investor Paul Tudor Jones, founder of and hedge fund manager at Tudor Investment Corp., said that geopolitical disruptions have made gold his favorite trade in the next 12 to 24 months. The yellow metal "has everything going for it," he said, adding that if...


Investors flee UK equity income funds From Morningstar: Investors have been piling out of UK Equity Income funds for months, and Woodford Equity Income is just one of the funds to suffer outflows, Morningstar research shows. Nervous investors pulled an eye-watering pound;15.3 billion out of UK...


Trouble brewing in Indian alternative investment funds as they become $40bn time-bomb From Financial Express: Even as the fate of India's shadow banks swings precariously between unexpected defaults and sudden downgrades, there's trouble brewing in another unlit corner of finance. Exotic funds...


From Guru Focus: Private equity is a glitzy industry, but does it actually beat the market? The data suggests it does not. In an October 2018 episode of "Talks at Google," former fund manager and academic Jeffrey Hooke explained why the sheen has come off of private equity in the l...


No alpha in hedge funds' average short positions - research From Risk: The best way to make money from hedge funds' short ideas may be to bet against them. Piggybacking on the 'best ideas' of hedge fund managers is a popular strategy among exchange traded funds that aim to replicate their returns...


High-speed traders back exchanges in SEC transaction fee pilot fight From PIonline.com: Three prominent high-speed trading firms are backing an effort by major exchanges to stop the SEC's transaction fee pilot program before it begins. Citadel Securities, GTS Securities and IMC's U.S. divisi The post appeared first on opalesque..


From PIonline.com: The U.K. Financial Conduct Authority and China Securities Regulatory Commission on Monday approved a cross-border investment program called Shanghai-London Stock Connect. Under the new regulatory cooperation, investors and issuers in the U.K. and China will have a mutual access to...


Laxman Pai, Opalesque Asia: Adverse conditions unlock opportunities for special situations, which have remained active buyers, said Lyxor in its weekly brief. Since President Trump's tweets, U.S. activists launched no less than 40 new campaigns. Details reveal interesting investing patterns. First...


Eminence goes activist on Ashland Global Holdings From Institutional Investor: Ricky Sandler's Eminence Capital has taken its first activist stake in several years. The move comes at the same time the hedge fund is on pace to post its best performance since 2014. Eminence disclosed in a 13D filin...


Fixing the Sharpe ratio: A machine learning approach From All About Alpha: The Sharpe ratio has long served as a simple but important item in the due diligence tool kit. Formulated by William F. Sharpe in 1966 and first called the "reward to variability" ratio, the number arise...


Hedge Fund Industry
Business Intelligence

Free Membership For:

Qualified Investors & Knowledgeable Industry Participants