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Dillon Eustace appoints Partner in asset management and investment funds practice
2w ago

Dillon Eustace has appointed Shane Coveney as a Partner in the firm’s Asset Management and Investment Funds Practice.

Industry Headlines:

Vanguard has launched the Vanguard Commodity Strategy Fund (VCMDX) for investors seeking low-cost exposure to the commodities market.


JST Capital (JST), a financial services firm focused on solutions for digital assets has launched a full suite of offerings for nstitutional investors, blockchain companies, banks, and brokers in the digital assets ecosystem.


A new survey of alternative investment professionals has found that hedge fund and private equity executives alike predict moderate economic growth for the remainder of 2019.


MackeyRMS, a provider of research management software, has secured a significant equity investment from Resurgens Technology Partners.


Northern Trust has partnered with data management automation specialist Confluence to deliver financial and regulatory reporting solutions for Northern Trust’s European asset manager clients.


Red ink spoiled an otherwise positive 2019 for he Eurekahedge Hedge Fund Index. The decline of 0.71% leaves the year-to-date performance still well up, at +4.32%. Approximately 41.6% of the funds Eurekahedge tracks were in the black for the month. And 15% have generated double-digit gains year-to-date. North America-mandated hedgeRead More


Bloomberg - Doubling down on stocks leads financial commentary. Plus the Fed tries a bluff and Trump tackles currencies.


It appears that the most soap-operatic relationship between US President and head central banker since 1833 has taken yet another turn. After spending more than a year on the receiving end of threats and posturing from the White House, Federal Reserve Chairman Jay Powell has finally decided to turn ...


Bristol Post - The company that runs almost all Bristol's buses and trains has defeated attempts by an activist investor to oust six board members, including the chief executive ...


The National Law Review - A recent action where the SEC focused on the presumably conservative undervaluation of assets suggests that it is more than willing to use valuation as a hook ...


Worth - As part of Worth's 10th Annual Power 100, we're recognizing power players across the industries we cover. Although the hedge fund industry has struggled, the ...


Are you guys sitting down? Good. The WSJ is about to knock your socks off... Deutsche Bank AG’s global head of equities is expected to leave, the latest move in a planned downsizing of the German lender’s investment bank, according to people familiar with the matter. Here, breathe into this paper ...


It's now been more than 10 years since the subprime mortgage crisis, so it should come as no surprise that Wall Street is back to their old tricks. Last Friday, Cerberus Capital Management LP issued $174 million worth of bonds backed by home-equity lines of credit, also commonly known as a ...


Cole-Frieman & Mallon Comment Letter to SEC On June 12, 2019 our law firm submitted a comment letter to the SEC with respect to the Bitwise Bitcoin ETF application. In our comment we stated that we believe it is in the best interest of the bitcoin market that the Bitwise ETF be approved. We made […]


In what we're assuming is part of a "Make-a-Wish"-type scenario for fake economists who have been publicly shamed, Stephen Moore has a fun new gig! Economist Stephen Moore, who recently lost out on a bid to join the board of the Federal Reserve, is now looking to start his own mini-Fed through the ...


GlobalCustodian.com - Hedge fund giant Citadel has executed and cleared both cash Treasury and repo trades through DTCC's fixed income clearing house in the latest milestone for ...


Bloomberg - Some of the most aggressive traders in the market are embracing stocks after avoiding them for almost a year.


PRNewswire - BOSTON, June 25, 2019 /PRNewswire/ -- FundCount, LLC, a worldwide provider of accounting and investment analysis software, today announced that it was ...


Roberto Vernazza and his Mercurio Quantitative Program have joined Typhon Capital Management. Vernazza is Typhon’s first dedicated Quant portfolio manager under the team of François Moreau, Head of Quantitative Trading, and Cris Doloc, PhD, Chief Technology Officer.


SteelEye, a compliance technology and data analytics platform, has announced Senior Manager & Certification Regime (SM&CR) capabilities within the SteelEye platform, helping firms effectively monitor and manage their compliance.


MoneyWeek - Hedge funds have a habit of turning clients' money into their own money, says Max King. Steer clear.


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. TOTALLY FUCT It’s a good day to be waiting with bated breath to hear whether your wildly offensive ...


Hellenic Shipping News Worldwide - Hedge fund liquidation of petroleum futures and options positions stalled last week as bearishness about the global economy was tempered by fears about a.


The Commodity Futures Trading Commission (CFTC) has made an award of approximately USD2.5 million to an individual whistleblower.


Tusk Development, a local company which owns a mix of different kinds of properties throughout the region, has bought 501 Technology Drive from the Aztec Fund Inc., a Mexican equity fund that only ...


ITI Funds and the Bitfury Group have launched a partnership to build a framework for cryptocurrency transactions compliance under the respective KYC and AML policies applicable to funds and investment management companies.


Cappitech has formed an alliance with IHS Markit to deliver the IHS Markit Securities Financing Transactions Regulation (SFTR) solution.


The Depository Trust & Clearing Corporation’s (DTCC) subsidiary Fixed Income Clearing Corporation (FICC) has achieved another milestone in the transformation of the US Treasury market toward central clearing having successfully executed and cleared both cash and repo trades via FICC’s recently expanded Sponsored Service model.


INTL FCStone is to open a captive IT development company with offices in Bangalore, India. INTL FCStone Technology Services Private Limited will begin operational activities on 1 July, 2019.


Itiviti, a technology and service provider to financial institutions worldwide, has partnered with MIK Fund Solutions, software development firm focusing exclusively on the asset management industry.


Credit Benchmark, a specialist in consensus based credit analytics, has launched a new monthly measure of credit risk for US and European corporates in the industrials sector.


Investors who are in the know are in a bearish mood. The number of bullish hedge fund bets were cut by 2 in recent months. Our calculations also showed that CALM isn't among the 30 most popular ...


Architas' Jon Arthur and Avni Thakrar explain why investors are increasingly turning to alternative assets


The Australian Financial Review - Spotless Group, 88 per cent owned by Downer EDI, still has 787 shareholders and wants to save $200000 by delisting, putting a NY hedge fund in a bind.


Laxman Pai, Opalesque Asia: Hamilton Lane raises $1.7bn for latest fund - co-investment fund, the fourth of its kind for the alternative asset manager. The fund will invest equity in buyouts and growth capital deals, putting money to work alongside private equity firms, according to a Hamilton Lane...


Laxman Pai, Opalesque Asia: Merger Arbitrage, a defensive strategy within the universe of hedge funds, lagged behind for the first half of 2019 after having delivered upbeat returns in 2018 in relative terms. In the first half of 2019, Merger Arbitrage lagged behind for three main reasons. First ...


Laxman Pai, Opalesque Asia: The first quarter of 2019 brought a more positive outlook for investors, after a difficult end to 2018, said a study on institutional investors. Investors were encouraged by signs of a possible (albeit temporary) thaw in US-China trade tensions and by signals from the US...


Bailey McCann, Opalesque New York: CVC Credit Partners has amassed $1.42 billion for its Global Special Situations Fund II in just eight months. The fund closed above its $1 billion target. The fund invests in stressed and distressed debt situations across Europe and North America, primarily throu...


From Axios: As deals from venture capital, private equity and real estate firms produce more headlines about billion-dollar deals and millionaire backers, investors are clamoring for ways to sink their teeth into so-called alternative investments. Big banks and asset managers are finding ways to hel...


Goldman Sachs Investment Partners to launch Asian hedge fund From Verdict: Goldman Sachs Investment Partners (GSIP) is raising capital for a new Asian fund in a move to allow clients to invest with some of the top proprietary traders. GSIP and Cong Li, the former chief investment officer of Mirae A...


Janus Henderson shutters fund as assets dwindle from $893m From City Wire: Janus Henderson has moved to liquidate a 12-year-old long/short credit fund which managed pound;700 million as recently as 2016. A spokesperson for the company said the decision was taken to shut the Janus Henderson Credit ...


From The Times: Disgruntled investors are gearing up to demand a boardroom shake-up at the listed trust run by Neil Woodford. Seneca Investment Managers, a Liverpool-based hedge fund, is understood to have approached other institutional shareholders to force changes to the five-person board at Woodf...


Two Sigma aims to unlock 'unique ways to make money' in China From FT: Two Sigma, one of the biggest hedge funds in the US, is building out its office in Shanghai, as it seeks to take advantage of a wave of foreign investment in the world's second biggest equity market. The New York-based fund, w...


Colorado PERA outpaces benchmark with -3.5% return for fiscal year From PIonline.com: Colorado Public Employees' Retirement Association, Denver, returned a net -3.5% for the fiscal year ended Dec. 31, the $45.2 billion pension fund announced in its newly released comprehensive financial annual repo...


Hedge funds pause oil sales as Mideast tensions rise From Reuters: Hedge fund liquidation of petroleum futures and options positions stalled last week as bearishness about the global economy was tempered by fears about a possible disruption of oil exports from the Gulf. Hedge funds and other mone...


Facebook's cryptocurrency gets a warm welcome in Geneva From Bloomberg: Policy makers around the globe have been cool to the idea of Facebook Inc.'s planned Libra cryptocurrency. In Switzerland? They liked it so much, Facebook decided to set up shop there. Geneva is "excited&quot...


From Forbes: Ladies and gentlemen, we have liftoff! After breaking out of a five-year trading range, the price of gold surged above $1,400 an ounce last week for the first time since 2013 on expectations of a U.S. rate cut. The 10-year Treasury yield fell to around 2 percent, its lowest level s...


Raise our taxes, please! Some wealthy Americans are asking to pay more From Latimes: America's mega-rich have a message for the field of 2020 presidential hopefuls: Take our money, please. A group of 18 wealthy Americans - led by billionaire financier George Soros and including a Disney family me...


Pay at 20 top hedge funds in London From eFinancial Careers: Moving to a hedge fund in 2019 is a risk. A report last week from Goldman Sachs said that of 468 hedge funds Goldman's prime brokerage had done business with since 2009, almost half were no longer in existence. To have a chance of survi...


Asian private debt manager wins licence, targets $350m From Asia Investor: Hong Kong-based Zerobridge is set to join the swelling ranks of investment houses and asset owners tapping direct lending opportunities in the region. Asset owners and managers are increasingly looking eastward from Eu...


Leveraged loan investors push private equity firms on ESG From Reuters: Private equity firms are under pressure to boost their use of environmental, social and governance (ESG) criteria as debt investors and limited partners in their funds increasingly use sustainability criteria to drive investm...


From PIonline.com: Despite trade risks facing emerging markets, State Street Global Advisors sees opportunity for investors particularly in China and India, which are expected to drive much of the projected global GDP growth this year. Even with U.S. tariffs on Chinese goods, China is projected ...


Global regulators vow to address 'manufactured defaults' From FT: Global regulators stepped up their condemnation of intentional defaults by companies aimed at triggering payouts on credit default swaps on Monday, announcing a joint effort among US and UK officials to address concerns raised by a...


This is Money - Coast Capital, which owns almost 10 per cent of First, is hoping to unseat six members of the board including chairman Wolfhart Hauser and chief executive ...


When news broke this morning that small fish Eldorado Resorts will acquire bigger fish Caesar's Entertainment to create a massive casino empire, our thoughts immediately turned to Carl Icahn, because of course they did. Uncle Carl has been pressuring Caesar's to sell for months now and is also in ...


Kiplinger's Personal Finance - Hedge funds - the so-called smart money - are heavily invested in blue-chip stocks. Here's a look at their 25 favorite stock picks right now.






Bitcoin FOMO is back! And with it, the greatest circus in finance is back at the forefront of our news consciousness. Having risen nearly 200% YTD, Bitcoin HODLers are no longer personae-non-grata, emerging from the woodwork in droves not seen since back in 2017, when the digital asset ran up ...


It looks like Deutsch Bank is making another bold move to stave off irrelevancy, and it's a...bold one. Per S&P Global: Deutsche Bank AG is planning to follow the lead of a number of U.S. banks and invest in senior-most CLO tranches as a way to better manage excess liquidity and boost ...


Reuters - Hedge fund liquidation of petroleum futures and options positions stalled last week as bearishness about the global economy was tempered by fears about a ...


We have reached the point where the United States is watching its actual monetary policy be dictated less by cold economic data than by hot, messy drama. Like this delicious self-own from the President of the United States: Game recognize game.


Following the recent launch of new power products for Central and South-Eastern Europe (CSEE), the European Energy Exchange (EEX) has successfully registered trades in three new markets.


CAMRADATA investment reports for Q1 2019, which provide analysis of four asset classes – Diversified Growth Funds, Multi Sector Fixed Income, Emerging Markets Equity and Emerging Markets Debt – invested in by institutional investors in the market, have revealed market gains and increased investor confidence.


Drooms, a provider of secure cloud solutions in Europe, is expanding its expertise in the fields of machine learning and natural language processing with the appointment of Johannes Leveling as machine learning team lead. Leveling will report to Peter Made, Head of Development at Drooms.


Robeco has appointed Mark den Hollander as Chief Financial & Risk Officer (CFRO), and a member of Robeco’s Executive Committee and statutory director.


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. RESCUE ME “Who the f*ck do they think they’re dealing with, Deutsche Bank?” - David Solomon, ...


Opalesque - In the week ending June 21st 2019, the June 2019 Eurekahedge report said that the global hedge fund industry AUM has grown by $0.5bn as of May 2019 ...


The Securities and Exchange Commission has taken another significant step toward establishing the regulatory regime for security-based swap dealers today by adopting a package of rules and rule amendments under Title VII of the Dodd-Frank Act.


The SS&C GlobeOp Forward Redemption Indicatorfor June 2019 measured 3.81 per cent, up from 3.21 per cent in April.


JP Morgan’s Data and Analytics business and StatPro, an AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, have formed a partenrship to develop Risk and Performance Attribution capabilities for portfolio managers through JP Morgan's flagship data and analytics platform.


The European Fund and Asset Management Association, EFAMA, has elected Nicolas Calcoen, Deputy General Manager of Amundi, as President for a two-year term, which will run until June 2021, at its AGM in Paris.


River and Mercantile Group PLC has appointed James Barham as Chief Executive Officer (CEO) effective Monday 1 July, in line with the Group’s established succession plan.


Enfusion, a provider of innovative, cloud-based investment management software, outsourced, middle & back office services and data analytics has appointed capital markets industry veteran, Larry Leibowitz, to its Board of Directors.


FTSE Russell has posted its sixth annual survey of global asset owners’ views of smart beta. Smart beta is a strategy that uses indexes, but that is not traditionally cap-weighted, that is, one where the construction of the index itself incorporates the investment strategy, capturing investment factors or market inefficiencies.Read More


Bailey McCann, Opalesque New York: New research on private equity shows that having gender diverse investment committees is not only a blindingly obvious thing we need to do in 2019, it 's also good for business. The report, entitled, "Impact of Gender Diversity on Performance of Private Eq...


Laxman Pai, Opalesque Asia: Optimism permeates Japanese private equity landscape, with increased investor interest and an incremental flow of government funding allowing the asset class to gain considerable traction. In Q1 2019, 13 Japan-based private equity funds secured an aggregate JPY 221bn, 3....


Laxman Pai, Opalesque Asia: European early-stage venture capital investor Creandum announced the successful first and final close of Creandum V, a EUR265m ($302m) early-stage venture fund focused on high-potential opportunities across Europe. "Following strong demand from existing and new ...


From FT: Proponents of investing in private assets such as real estate and venture capital trumpet the promise of higher returns in comparison to stocks and bonds. The larger the allocation to private investments the greater the return, according to research from Cambridge Associates, the US investm...


Remiges Ventures sets sights on $150m for Fund II From Altassets: Pharmaceutical-focused early stage investment house Remiges Ventures is looking to raise up to $150m for its second fund. Remiges invests in early-stage companies involved with the discovery and development of pharmaceutical drugs,...


From PIonline.com: Money market funds are rebounding after years of being unprofitable for managers, due in part to rising short-term interest rates and recently implemented regulations. And thanks to those regulations put in place a few years ago, managers and other industry observers remain optimi...


H2O suffers $1.6bn outflows across six funds From FT: H2O Asset Management saw euro;1.4bn of outflows across six of its funds, after the Financial Times revealed the scale of its holdings of illiquid bonds linked to a controversial German financier. The London-based subsidiary of Natixis has...


From Bloomberg: The first day of summer in the Northern Hemisphere means reading season has begun. Yet with the globe's economic outlook complicated by a trade war, Mideast tension and a murky outlook for monetary policy, investors are shunning their usual beach reads. Kyle Bass, founder of Dall...


Pension funds raise concern over index manager stewardship From FT: Passive fund managers are failing to fulfil their stewardship duties, according to their pension scheme clients, partly because of the sheer number of companies in the indices their products track. Providers of products such as i...


Lansdowne hit by investments in groups supported by Woodford From FT: UK hedge fund manager Lansdowne Partners is suffering from its investments in several companies favoured by Neil Woodford, as the spotlight turns on its ability to exit even some of its listed holdings. Lansdowne and Woodfo...


From IPE: Swedish national pension buffer fund AP6 has appointed Katarina Staaf as its new permanent chief executive, replacing Margareta Alestig who has been acting chief executive since the beginning of March. Staaf, who has been a member of the SEK34.7bn (€3.26bn) fund 's supervisory b...


Zuckerberg 's new cryptocurrency is absolutely terrifying From NY Post: Just when it seems Facebook can 't get more sinister, more Orwellian or more mercenary, it does - announcing its own branded global cryptocurrency. Does this strike anyone else as terrifying? A company that has operated with...


From Yahoo: Hedge fund portfolio managers and analysts, there's no need to worry - robots aren't taking your jobs anytime soon, according to one finance industry veteran. Despite widespread fears about artificial intelligence (AI) encroaching on jobs everywhere, humans still play "a really ...


Immigration pushes one-time Minnesota hedge fund hotshot into politics From Star Tribune: Immigration, a force that helped build the United States, now divides the country like few other issues. Enter Steve Kuhn. The wealthy Minnesota native, not long ago a high-profile hedge fund mastermind, has...


Dominique Carrel-Billiard on building Europe's biggest fund manager From FT: Dominique Carrel-Billiard, global head of institutional at Amundi, has made a name for himself as a ruthlessly efficient operator. After beginning his career as a consultant at McKinsey, the numbers man has already led t...


Asia impact investing to grow, despite volatility: survey From Asian Investor: A new report on the plans of impact investors suggests they want to add more to investments in social and environmental projects, despite rising market volatility centring on China. Impact investors intend to add m...


Investors may have learned their lesson from the housing bubble From Institutional Investor: Real estate is notoriously cyclical. But investors and developers burned by the financial crisis have been so restrained that there are few signs of a bubble even ten years into the bull market, according...


Indexing giant Vanguard examining a push into private equity From WSJ: Vanguard Group has had discussions with a handful of private-equity firms as the indexing giant weighs whether to push further into alternative investments. The firm held exploratory talks with Boston firm HarbourVest Par...


What do owners think of smart beta strategies? From All About Alpha: FTSE Russell has posted its sixth annual survey of global asset owners' views of smart beta. Smart beta is a strategy that uses indexes, but that is not traditionally cap-weighted, that is, one where the construction of the ind...


Yahoo Canada Finance - Hedge fund portfolio managers and analysts, there's no need to worry — robots aren't taking your jobs anytime soon, according to one finance industry veteran.


The Times - The New York hedge fund trying to overthrow the board of train and bus giant FirstGroup is threatening to sue its directors if they sign a deal to run the new West ...




Telegraph.co.uk - One of Britain's best-known hedge fund managers has ramped up his bet against WeBuyAnyCar.com owner BCA Marketplace, despite a £1.9bn private equity ...


Financial Times - UK hedge fund manager Lansdowne Partners is suffering from its investments in several companies favoured by Neil Woodford, as the spotlight turns on its ...



Earlier this week, Larry Kudlow wearily assured the world that, whatever may have been the case six months ago, the president was definitely not considering demoting Jay Powell from the perch atop the Fed whence the president himself had placed him. So obviously, Donald Trump turned around and ...


Fed is holding, Iran war, impeachment debate, what is China fighting for?! Paul Tudor Jones didn't start the fire...but he's obviously going to trade it! Per MarketWatch: Billionaire investor Paul Tudor Jones must be rolling in bullion right now. The famed hedge-fund investor made a notable call ...


NBCNews.com - Blackstone chief Stephen Schwarzman's donation is the largest gift the famed university has received “since the Renaissance.”


The news landed so abruptly on Thursday afternoon that it forced not only a double take, but a look to make sure that the blue checkmark was next to the tweet from ESPN’s Jeff Passan, ensuring that it wasn’t a well-crafted hoax. “BREAKING: The Tampa Bay Rays have received MLB’s permission to ...


Investors shouldn't get their hopes up for the U.S. and China to make any progress on the trade front at the G-20 summit next week, short seller Carson Block said Friday.


Was your last Hamptons rental too close to the beach? Too far from the Long Island Rail Road tracks, or close enough thereto but too close to an actual train station? Feature too much natural light? Or too many bathrooms? Was it too little like an airplane hanger? Are you sick of being able to rent ...


Institutional Investor - Tiger Global and Glade Brook have investments in several of the most valuable private companies.


Institutional Investor - The software giant is the 24th-most widely held hedge fund stock, according to Novus.


eFinancialCareers - If you work for a hedge fund, you might feel the pressure to have some kind of warrior physique - particularly if you're trying to channel George Soros and work ...


For many years, there have been growing calls for the über-wealthy to pay higher taxes. Often, such arguments are framed as a matter of economic fairness in a country in which the top 1% have gotten ...


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. NOT YOUR DADDY'S IPO I’ve got good news and I’ve got bad news. The good news? Business Insider’s ...


Forbes - Never go for average with hedge funds—go for the best. The dispersion between the best-performing hedge fund managers and worse-performing hedge fund ...


big xyt, an independent provider of high-volume market data analytics has launched Consolidated View, an extension of the market analysis metrics available to all members of the investment community from the Liquidity Cockpit platform and 250days website dashboard.


Yotta Connect, a provider of technology solutions and services to the alternative asset management industry, has appointed Andrew Rosson as Chief Technology Officer (CTO).


CAIS, a financial technology platform connecting financial advisors with alternative investments, is partnering with Private Client Resources (PCR) to streamline the delivery of analytics-ready data for independent financial advisors and fund managers.


KQED - On Friday, PG&E's shareholders will meet for the first time since the company's power lines started California's deadliest wildfire last November. Investors are set ...


The agricultural sector is under pressure from several directions, including depressed commodity prices, increased regulation, climate change, and changes in consumer tastes. This pressure creates a demand for technological progress, and that in turn creates a market for agtech. Two years ago, Finisterre Ventures and Pitchbook combined their data gatheringRead More


Financial News - In the overwhelmingly male world of hedge funds, Ilana Weinstein is one of the most powerful women. But Weinstein doesn't manage money. Instead, she ...


The Times - The American hedge fund manager who became a billionaire by betting against subprime mortgages in the US before the financial crisis is winding down his ...


Vanity Fair - Meet Bernard Selz and his wife, Lisa, who have poured millions into the fight against vaccines.


Dong-A ilbo - The Washington Post reported Wednesday that the widespread anti-vaccine movement in the United States has been secretly funded by a Wall Street financier.


Laxman Pai, Opalesque Asia: A large number (84%) of surveyed US financial services corporations revealed they are either currently in or past the "enlightenment age" of artificial intelligence (AI), said a survey. According to Broadridge's AI Outlook Survey for 2019, firms are usi...


Laxman Pai, Opalesque Asia: The global hedge fund industry AUM has grown by $0.5bn as of May 2019 year-to-date, said the June 2019 Eurekahedge report. Final Q1 2019 net outflows figure stood at $46.4bn, just under half of the investor redemptions totalling $94.7bn seen in the final quarter of 2018,...


From Institutional Investor: Sahm Adrangi's Kerrisdale Capital is having another barn-burner year, gaining almost 18 percent through May, according to an individual familiar with the performance. Kerrisdale is known for short selling, but his biggest winner this year is Singapore-based Sea Limited, ...


Highfields spinoff Solel Partners to start trading later this year From Reuters: Solel Partners is expected to start trading with more than $400 million in capital later this year, after the new hedge fund received commitments from pensions, endowments and the founders' former boss, who ran hedge...


From City Wire: Matthews Asia has closed its multi-asset fund, which was first launched in 2014. The Matthews Asia Fds-Asia Focus fund was managed by Kenneth Lowe. He continues to be in charge of the firm's Asian growth and income strategy. Commenting on the closure, a spokesperson for the firm s...


Opalesque Industry Update - The SS C GlobeOp Forward Redemption Indicator for June 2019 measured 3.81%, up from 3.21% in April. "SS C GlobeOp's Forward Redemption Indicator of 3.81% for June 2019 reflects lower redemptions compared to 4.17% reported for the same period a year ago for June...


Investing in things that don't exist From Institutional Investor: Bill Coaker, chief investment officer of the San Francisco Employees' Retirement System, is laser-focused on the future of work. "I believe that the human experience is fast evolving from the industrial age to now,&q...


Paul Tudor Jones likely made a killing off a timely call last week to buy gold and stocks From Market Watch: Billionaire investor Paul Tudor Jones must be rolling in bullion right now. The famed hedge-fund investor made a notable call last week, citing a cocktail of a dovish Federal Reserve and h...


Neil Woodford urged to find other ways to return billions to clients From The Guradian: Investment group Hargreaves Lansdown has urged investment manager Neil Woodford to look for alternative ways to return billions of pounds to clients trapped in his suspended flagship fund. In an online post ad...


H2O hit with more than $678m outflow on illiquid bond concerns From FT: France's Natixis said that its subsidiary H2O Asset Management had been hit with at least euro;600m ($678m) of outflows, after the Financial Times revealed the scale of its holdings of illiquid bonds linked to a controversia...


Janus Henderson global equity boss exits From Institutional Investor: The head of global equities at Janus Henderson Investors is leaving the firm at the end of the year, a spokesperson for the firm said Thursday. Ian Warmerdam, who has been at Janus Henderson for 18 years, is stepping down t...


What is Libra? Breaking down Facebook's new digital currency From Coin Telegraph: Facebook has been in the news quite often over the past few years - and usually for all the wrong reasons. The social media giant has been lambasted over its privacy practices, its seemingly anti-consumer stance and...


DiNapoli asks 47 Fortune 500 firms to update employment policies From PIonline.com: Thomas DiNapoli, the New York State comptroller, has sent letters to 47 corporations in the Fortune 500 telling them to include sexual orientation and/or gender identity and gender expression in their non-discrimi...


Faced with rising far right, Soros Foundations look West From Reuters: George Soros's Open Society Foundations, best known for funding civil rights activists across Eastern Europe and the developing world, are increasingly turning their attention to affluent western Europe in response to the rise...


Trade war hits Chinese offshore issuance: Dealogic From Finance Asia: Issuance of US dollar bonds out of China declined after the US threatened more tariffs on Chinese goods. But investors are pinning their hopes on upcoming talks between US president Donald Trump and Chinese president Xi Jinping...


Want a slice of the new Manhattan skyline? There are bonds for that From Market Watch: Bond investors are being pitched a new slice of New York City's skyline made up of a mini-city of glass towers that have cropped up on Manhattan's far west side. On offer are $448 million of property bonds t...


VC-backed companies rake in about $12.72bn over 21 IPOs in first month of 2Q From Pitch Book: The first two months of 2Q have seen VC-backed companies rake in about $12.72 billion over 21 IPOs. This amount, combined with Lyft's late 1Q offering, has pushed the total raised so far in 2019 well ove...


From Reuters: The U.S. Supreme Court on Thursday agreed to decide whether members of Puerto Rico's federally created financial oversight board were lawfully appointed in a dispute that could disrupt the panel's restructuring of about $120 billion of the bankrupt U.S. commonwealth's debt. The justi...


Activist investor nudges Sony to spin-off its semiconductor business From Forbes: On June 13, 2019, Third Point released a detailed letter and a 102-page presentation to Sony Corp's Board of Directors outlining a significant value-creation opportunity at the company. The activist investor disc...



MarketWatch - Billionaire investor Paul Tudor Jones must be rolling in bullion right now.


Institutional Investor - Hedge fund manager John Paulson is reportedly pulling his firm out of London. Orkun Kilic, a partner and portfolio manager for the Paulson European ...


Yahoo Finance - Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have ...


Rantt Media - Who did the banks owe all that money to in 2008? Much of the billions of bailout money streamed from the taxpayers to the hedge fund investors- and was ...


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 ...


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