HedgeMaven

This is Money - PHS, which puts soap in lavatories, picks up rubbish and delivers water coolers to 300000 offices across the UK - could change hands for between £500 milli The post appeared first on thisismoney..

ValueWalk - Since the Global Financial Crisis, hedge fund fee structures have been changing dramatically. Performance hasn't been what it was leading up to the financial ...

CNBC - Growing up, Matt Dalio says his father hedge fund billionaire Ray Dalio repeated this quote over and over again.

CNBC - Fraud finder Harry Markopolos took GE stock down more than 11% in one day with a dizzying array of charts and numbers, but also some choice words ...

Opalesque - A new investor and operational due diligence (ODD) analyst survey revealed that investors shift focus to social media analysis during hedge fund and private ...

This is Money - Burford executives' words were probed by consultant QVerity to 'measure' if they were deceptive, as part of Muddy Waters' wide-ranging attack on the firm.

The Philadelphia Inquirer - Investment firm Mantle Ridge L.P. on Friday reported that it had accumulated a 9.8% stake in Aramark Corp, , and intended to agitate for changes at the at ...

Bloomberg - Wall Street banks will be given clearer rules for how they can invest in private equity and hedge funds when U.S. regulators roll out their overhaul of Volcker ...

Stock rebounds a day after the report caused the shares to fall 12%

Harry Markopolos isn’t from Boston, but he’s lived there for 28 years and went to B.C., so it’s close enough. And—almost certainly against the wishes of Beantown’s Chamber of Commerce—he’s got a message for any other potentially fraudulent multibillion dollar multinational conglomerates who are ...

Dealbreaker - Harry Markopolos isn't from Boston, but he's lived there for 28 years and went to B.C., so it's close enough. And—almost certainly against the wishes of ...

Crain's Chicago Business - As investors sour on hedge funds, Chicago players are caught in the $3.2 trillion industry's consolidation, which favors megafirms.

AdvisorHub - General Electric Co.'s biggest plunge in 11 years came at an awkward time for some of Wall Street's savviest investors, after a recent buying spree by the likes of ...

Short-sellers turn their fire on GE critic Harry Markopolos  Financial TimesStock rebounds a day after the report caused the shares to fall 12%

What happens when you can’t land an investment banking analyst position, don’t have enough work experience for buy-side, and all the cashier jobs at Starbucks are taken? You go into wealth management. Let’s face it - if they were actually good at investing, they would be working at a fund. ...

Business Insider - Hedge funds scooped up more shares of General Electric in the second quarter than any other company in the industrial sector. The funds were most like...

It’s been a week, hasn’t it? Like, even beyond the inverted yield curve and its portended doom, it’s been "A week" in sports. Jay-Z is teaming up with the NFL. The dingbat founder of Barstool Sports publicly broke labor law, then dipped into the entitled white dingbat playbook by insisting that ...

Business InsiderBloombergCNBCFinancial TimesThe Washington Post

New York Business Journal - A hedge fund backed by activist investor William Ackman has reportedly lost 90 percent of its assets.

When Carson Block went after litigation finance firm Burford Capital for being a “poor business masquerading as a great one,” we just assumed this was classic Carson; drilling down on some data to tease out a deeper short narrative predicated on operations and performance. But it turns out that ...

Institutional Investor - Problems with its business in China are deepening, making the stock one of the year's worst performers.

The Capitol Fax Blog - Warlander Asset Management, the hedge fund seeking to invalidate $14.3 billion of Illinois bonds, bought derivatives that will pay off if the state defaults on the ...

Wall Street Journal - Jeffrey Tarrant, a hedge-fund guru, promoted the idea that artificial intelligence would disrupt the world of money management. His quest was cut short when he ...

Forbes - Billionaire Bill Ackman lays out why he invested nearly $700 million in Berkshire Hathaway.

citywireselector.com - Swedish asset manager Coeli has launched a new market neutral fund that will focus on energy transition and changing climate. The Coeli Energy Transiti The post appeared first on citywireselector..

MarketWatch - Our call of the day from Otavio Costa, global macro analyst at hedge fund Crescat Capital advises buying gold ahead of “monetary policy lunacy.”

INSIDER - Harry Markopolos, a whistleblower on the Madoff ponzi scheme, has the potential to make millions from his recent call that General Electric has committed ...

Benefits Canada - While some pension fund managers swear by hedge funds, others would never sink in a single cent. After the 2008 financial crisis turned some investors sour, ...

Harry Markopolos: the scourge of Madoff trains his sights on GE  Financial TimesHarry Markopolos says he told four hedge funds that General Electric was “a bigger fraud than Enron” before one of them agreed to bet on the analysis, and cut ...

MarketWatch - Our call of the day from Otavio Costa, global macro analyst at hedge fund Crescat Capital advises buying gold ahead of “monetary policy lunacy.”

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. GENRON GE shares fell 11.3% yesterdayfollowing a scathing report penned by an ...

The New York Times - Harry Markopolos raised the first alarms over Bernie Madoff's Ponzi scheme. Now he says there's a big problem at G.E..

CNBC - Hedge fund titan Ray Dalio said he wouldn't rule out China using its Treasury holdings to gain an upper hand against the U.S. in the trade war — a view that ...

BloombergCNBCBusiness InsiderFinancial TimesThe Washington Post

Bloomberg - Hedge funds have made their multi-million dollar picks in the stock market. Here's where they're investing.

BloombergBusiness InsiderCNBCDealbreakerThe Washington Post

Capital Markets technology specialist Neueda has partnered with Levyx Inc, a big data system software provider, to vastly increase data processing capacity for the Python community.

HedgeWeek - The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2019 measured 0.42 per cent.

Hedge funds had another positive month in July, returning 0.44 per cent according to the Barclay Hedge Fund Index, compiled by BarclayHedge. By comparison, the S&P Total Return Index was up 0.66 per cent in July.

Financial News - Marcato Capital Management's assets fell to around $250m at mid-year from $3.2bn in 2015.

Novasec has launched a new investment platform, which connects investors with unique opportunities in the fast-growing renewable energy sector.

Rational Funds has launched the Rational Special Situations Income Fund (RFXIX), which utilises an investment strategy primarily focused on non-agency residential mortgage backed securities.

The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.55 per cent in July, underperforming the 0.77 per cent monthly return of the HFRX Global Hedge Fund Index.

FXStreet - The US economy is taking a turn for the worse and there is a 40% chance America could experience a recession before the 2020 presidential election, Ra.

Opalesque - Opalesque Industry Update - Hedge funds had another positive month in July, returning 0.44% according to the Barclay Hedge Fund Index, compiled by ...

Liquidity vanishes when you need it most. That isn’t an especially original observation. It’s like saying that the exit doors are always jammed precisely when you need a quick exit quickly. Amin Rajan gives us a forceful statement of this point inspired by the “current travails at Woodford Asset Management.”Read More

BBC NewsCNBCReutersThe Washington PostYahoo Finance

Laxman Pai, Opalesque Asia: The Preqin All-Strategies Hedge Fund benchmark posted gains of 0.23% in July. This improved the YTD return for 2019 to 7.88% and marks the sixth positive return in the first seven months of the year. Multi-strategy hedge funds posted the highest return (+1.63%) for the m...

Coeli launches climate-focused hedge fund From HedgeNordic: Stockholm-headquartered asset manager Coeli Asset Management is launching a new climate-focused, market-neutral energy equity fund on August 16. Coeli Energy Transition will be managed by Vidar Kalvoy and Joel Etzler, two experienced por...

From Bloomberg: Wall Street has been sounding alarm bells all year over swelling valuations and overcrowding in stocks tracking the fortunes of government bonds. The smart money kept the faith, and it's paying off. Equity hedge funds have gained 7% in 2019 as exposure to the momentum factor -- wh...

CalPERS commits $1.9n to 4 alts funds From PIonline.com: CalPERS committed a total of $1.9 billion to four alternative investment funds, documents released by the $376 billion Sacramento-based pension fund show. The California Public Employees Retirement System committed euro;520.00 ($629.9 mill...

Are bonds so expensive that you buy gold? Hedge funds think so From Bloomberg: Hedge funds are turning to gold for refuge as the world's stockpile of negative-yielding debt grows bigger by the day. The yellow metal is favored by Ensemble Capital's Damien Loh, a former options trader at JPMorgan...

Gramercy Funds Management hires Jeff Sharon to lead business development Opalesque Industry Update - Gramercy Funds Management today announced that Jeffrey D. Sharon, CFP, CIMA has joined the firm as Global Head of Business Development. Jeff will be responsible for the firm's marketing, distribut...

Coinbase becomes largest crypto custodian as it acquires Xapo's institutional business From Fortune: Cryptocurrency firm Coinbase has acquired the custody business of Xapo, a service best known for storing Bitcoins in a vault under a Swiss mountain. The acquisition comes as part of an aggressive ...

Scaramucci makes bold prediction on who will turn on Trump: 'Reset' is coming From Fox: Anthony Scaramucci, who has recently turned into one of President Trump's fiercest critics, predicted Thursday in an interview with Fox News that a "reset" is coming in the Republican Party a...

Beijing's game plan for stifling the Hong Kong protests is now clear The Guradian: As protests in Hong Kong against a controversial extradition law enter their third month, the prospect of any resolution to the unrest seems a long way off. However, the past week has given an indication of the str...

Boardroom clear-out at Burford: Legal firm wields knife after hedge fund's attack From This Is Money: Embattled legal firm Burford Capital has bowed to investor pressure and announced a sweeping boardroom shake-up. The company, which came under attack from short-selling hedge fund Muddy Waters la...

The most consistently high-performing private equity managers From Institutional Investor: The most consistently high-performing buyout fund manager is New York-based Veritas Capital, according to Preqin. The alternatives data firm said the private equity firm - which specializes in national sec...

Investors want more communication with managers during underperformance From PIonline.com: Institutional investors regularly increase communication efforts with their external money managers during times of underperformance, a new survey from CoreData Research shows. In the July survey of 100 e...

Mick McGuire's Marcato Capital loses 90% of assets From WSJ: A well-known activist hedge fund that had the backing of billionaire William Ackman has lost more than 90% of its assets. Marcato Capital Management LP's assets fell to around $250 million at midyear from $3.2 billion in 2015, people ...

Foundations follow 2017 gains with negative returns in 2018 From PIonline.com: Private and community foundations saw 2017's double-digit investment gains go in the opposite direction last year, according to a report issued Thursday by the Council of Foundations and Commonfund. Private foundatio...

From Plos.org: According to a popular stereotype, women are better at multitasking than men, but empirical evidence for gender differences in multitasking performance is mixed. Previous work has focused on specific aspects of multitasking or has not considered gender differences in abilities contrib...

Neither you nor the Securities and Exchange Commission has probably thought much about Harry Markopolos since Bernie Madoff was sent to a minimum-security federal resort a decade ago. But the man who warned the SEC about Madoff years before Madoff himself told the regulator and everyone else once ...

This is Money - The company, which came under attack from short-selling hedge fund Muddy Waters last week, will remove its boss's wife from the position of chief financial ...

Institutional Investor - The red-hot tech-oriented hedge fund saw several of its biggest investments become targets of deals in recent months.

The unnerving world of sub-zero rates still offers managers ways to eke out gains

Bloomberg - Warlander Asset Management, the hedge fund seeking to invalidate $14.3 billion of Illinois bonds, bought derivatives that will pay off if the state defaults on the ...

The Wall Street Journal - A well-known activist hedge fund that had the backing of billionaire William Ackman has lost more than 90% of its assets. Marcato Capital Management LP's ...

Having more or less admitted—in the most Trumpian, least responsibility-taking way possible—that his big, beautiful trade war with China is likely to hurt Americans in their fight in another major war, that on Christmas, and, oh yea, that we’re losing said trade war, the president is moving into an ...

CNBC - Hedge fund manager Stanley Druckenmiller said he bought General Electric shares on Thursday during the stock's double-digit plunge brought about by a ...

BBC NewsCNBCForbesFRANCE 24

The Guardian - Burford Capital is replacing its chairman and finance chief in an effort to appease shareholders after a US hedge fund made allegations of poor governance and ...

CNBC - GE's CEO said the accusations of fraud by Madoff whistleblower Harry Markopolos are false, and driven by market manipulation.

INSIDER - Hedge funds sold about 35% of their shares in Lyft during the second quarter, according to regulatory filings, while some big names bought Uber.

Hmm, this is a...'mystery'[?] President Donald Trump and economic advisor Peter Navarro are alone in the White House when it comes to blaming Federal Reserve Chairman Jerome Powell for the economic slowdown, administration officials told CNBC. Who in The White House is so opposed to Navarro's ...

CNBC - Madoff whistleblower Harry Markopolos is probing GE on behalf of a hedge fund — but he won't say which one.

Believe it or not, even the Oracle of Omaha himself is having a hard time making money in this batshit choppy market. Berkshire Hathaway stock is down 10% from its high this year, and Warren Buffett's beloved Kraft Heinz investment lost him about $4 billion in a single day last week. The sky is ...

Bloomberg - Wall Street has been sounding alarm bells all year over swelling valuations and overcrowding in stocks tracking the fortunes of government bonds. The smart ...

CNBC - Volatility is back on Wall Street. The average daily point range of the Dow Jones Industrial Average so far this month is about 482 points, which is more than ...

Last year, Wilbur Ross woke up long enough to pledge that his boss wouldn’t call off his misbegotten and ill-conceived trade war with China no matter how much the stock market fell. And for once, we must credit the Commerce Secretary for his honesty. It is not, apparently, the continuing ...

The Wall Street Journal - The hedge fund Engine Capital is urging Care.com, the largest marketplace for online caregivers, to pursue a sale, saying the company is “at a crossroads.”

Investors are learning more about some big hedge fund moves from quarterly filings. CNBC's Leslie Picker joins "Squawk Box" with the details.

CNBC - General Electric shares fell after Madoff whistleblower Harry Markopolos targeted the conglomerate in a new report, saying it was hiding the depths of its ...

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. RISK AND REWARD The We Company, the parent company of WeWork, released filings for its IPO, which ...

BTIG has appointed Joe Passaro as a Managing Director and Head of Capital Markets. Passaro brings over a decade of key experience to BTIG’s growing capital markets businesses. He will be based out of the firm’s New York office and report into Matt Clark, who leads BTIG Investment Banking.

Independent fund servicing provider Ultimus Fund Solutions (Ultimus) has appointed Nickolaus Darsch as Senior Vice President of Business Development.

Pershing Square Capital shrunk its positions in Chipotle, Starbucks, and Lowes according to a new regulatory filing.

* CERTIFIED FRAUD EXAMINER HARRY MARKOPOLOS SAYS HE CAN'T REVEAL THE HEDGE FUND HE'S WORKING FOR IN HIS INVESTIGATION OF GE- CNBC INTERVIEW * CERTIFIED FRAUD EXAMINER HARRY MARKOPOLOS, WHEN ASKED IF ...

Bloomberg - Hedge funds are turning to gold for refuge as the world's stockpile of negative-yielding debt grows bigger by the day.

Dave & Buster's Entertainment (PLAY +3.3%) rallies after HG Vora discloses a stake. The hedge fund snapped up 2M shares of PLAY during Q2.

HedgeCo.net - (Hedgeweek) The Eurekahedge Hedge Fund Index was up 0.69 per cent in July bringing their year-to-date return to 6.56 per cent as global equity markets ...

Financial World - On Tuesday, the 13th of August 2019, a basket of Brazilian hedge funds and brokerages faced off havoc-scale causalities after Monday's (August 12th) rampage ...

How hedge funds are thriving in a world of negative-yielding debt  Financial TimesThe unnerving world of sub-zero rates still offers managers ways to eke out gains.

Rational Funds launches Rational Special Situations Income Fund Opalesque Industry Update - Rational Funds, a family of funds rooted in the investment philosophy of applying a rational approach to investing, announced the launch of the Rational Special Situations Income Fund (RFXIX), which utiliz...

Texas County District returns 6.4% for year From Pionline.com: Texas County District Retirement System, Austin, returned a net 6.4% for the year ended June 30, according to a quarterly investment report posted on the pension fund's website. The $28.3 billion pension fund's preliminary one-y...

Hedge fund manager Bill Ackman reveals a new stake in Warren Buffett's Berkshire Hathaway From CNBC: Billionaire hedge fund manager Bill Ackman's Pershing Square Capital took a new stake in Warren Buffett's Berkshire Hathaway, according to a new regulatory filing. Pershing Square bought roughly...

Swedish AM hires long/short equity veteran From City Wire: Swedish asset manager Catella has hired Mattias Nilsson as a new portfolio manager to focus on long/short investing, the firm has announced. Nilsson will start on 26 August and will be part of the firm's long/short equity capabilities. ...

Canada tightens supervision, enforcement of cryptoasset economy From Reuters: Financial regulators in Canada, including the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) are expanding their supervisory oversight of the cryptoasset s...

From The Verge: A huge cache of unsecured biometric credentials and personal information has been discovered by security researchers, The Guardian reports. The breach, which was discovered by researchers Noam Rotem and Ran Locar alongside vpnMentor, included the fingerprint data of more than 1 milli...

Hedge funds have $500m riding on PG E paying bills From Bloomberg: Bankrupt utility giant PG E Corp. owes a lot of money to a lot of businesses. A tree-trimming service. A California car dealership. A laundromat. Construction contractors galore. Now, hedge funds including Olympus Peak Asset Mana...

From FT: Financing from H2O Asset Management helped Lars Windhorst settle a lawsuit from a vehicle linked to the former energy minister of Russian president Vladimir Putin. H2O's ties to Mr Windhorst hurt the London-based fund manager in June when the Financial Times revealed the scale of its funds'...

Economist: Hong Kong's tycoons 'are the problem' underlying recent unrest From CNBC: As protests continue to roil Hong Kong, a widely followed economist has an idea about how to ease tensions: China, he said, needs to take power away from the city's tycoons and fix its property market. The east...

Private equity firms cut Asia spending as trade war rumbles on From Financial News: The value of private equity deals in Asia have halved this year as the impact of a trade war between China and the US has led to an uncertain investing landscape. Year-to-date, there have been a total of 99 deal...

From Bloomberg: Illinois may find out Aug. 15 whether a lawsuit seeking to invalidate more than $14 billion in debt issued by the worst-rated state can move forward. A hearing in the circuit court of Sangamon County may determine if the lawsuit, filed July 1, has standing or should be thrown out. ...

From Bloomberg: Brazil's top hedge fund has notched another win: helping turn one of last year's worst-performing stocks into one of this year's best. The XP Long Biased FIM fund, whose total return for the past five years beat all 155 peers tracked by Bloomberg, started clashing with management a...

Companies that employ most women get best returns, Morgan Stanley says From Pionline.com: Employing more women brings a stock market boost, according to Morgan Stanley research on how diversity links to share prices. Annual returns for businesses that employ the highest proportion of women were...

B. G., Opalesque Geneva: How much sense does it make for a hedge fund to apply ESG criteria in its investments? It does make a lot of sense on two main counts: pressure from asset owners, and positive performance over the long term. Then there 's also a moral imperative. Environmental, social and ...

Keep up with us here: On Aug. 1, identical twin brothers Andy and Chad Baker of Nashville, Tennessee, were on their way to the annual Twins Day Festival in Twinsburg, Ohio, in their identical blue Tesla Model 3s, when an Ohio state trooper pulled them both over for having identical license plates, r...

You know how Uber stock is down like 20% after the company reported that it had somehow managed to lose $5.2 billion in one single quarter? And how CEO Dara Khosrowshahi went on CNBC and told David Faber that some little one-time things all combined to give Uber "a messy PNL from an accounting ...

The Globe and Mail - Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has made a new bet on Warren Buffett's Berkshire Hathaway Inc., ...

Bill Ackman buys stake in Buffett’s Berkshire Hathaway  Financial TimesBill Ackman's hedge fund, Pershing Square, has taken a stake in Berkshire Hathaway, adding a rare activist investor to Warren Buffett's shareholder register.

London-based asset manager has been one of the biggest lenders to the German entrepreneur

Welcome to Due Diligence, the FT’s daily deals briefing

In contrast to last year, Dan Loeb is doing pretty well in 2019. Not as well as the broader markets, sure, but Third Point’s still up on the year, and by double digits at that. It’s just not up as much as it could be, because Loeb’s instinctual preference for the short bet to profit from the ...

In the spring of 2015, Etsy introduced us to the concept of a company going public while hemorrhaging money despite pulling down massive amounts of revenue. Two years later, Snapchat introduced us to the new reality of a company going public with no profit plan at all, full acknowledgment that it ...

Business Insider - This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME ...

Opalesque - Many hedge funds are about to launch their own ESG-compatible products.

Bloomberg Law - Illinois may find out Aug. 15 whether a lawsuit seeking to invalidate more than $14 billion in debt issued by the worst-rated state can move forward. A hearing in ...

Yahoo News - According to Dan Loeb's latest disclosures from his Third Point fund show, he picked up thousands of more shares of Netflix, while selling off some other big ...

Bloomberg - Brazil's top hedge fund has notched another win: helping turn one of last year's worst-performing stocks into one of this year's best.

CNBC - Ray Dalio, the billionaire founder of Bridgewater Associates, the largest hedge fund in the world, shares his best advice for how to be a successful investor.

Once upon a time, Och-Ziff Capital Management was the largest publicly-traded hedge fund in the world and a giant in the industry. But after some African unpleasantness, massive losses and even more massive consequent redemptions, the name had lost a bit of luster, and in the aftermath, although he ...

The Eurekahedge Hedge Fund Index was up 0.69 per cent in July bringing their year-to-date return to 6.56 per cent as global equity markets edged higher following expectations over a Fed rate cut.

European Commodity Clearing (ECC), the clearing house of EEX Group, has successfully migrated its position and transaction management system for the derivatives markets to the C7 system developed by Deutsche Börse Group.

Fintech company Finbourne has launched the LUSID Early Access Program aimed at a wide range of investment industry players including hedge funds, custodian, small funds and multinational investment institutions.

A survey conducted on preparation for the FCA’s Senior ManagersandCertification Regime, (SM&CR) has revealed that most firms have significant work to do, as they prepare for its extension to all authorised firms on 9 December.

Chief Investment Officer - Hedge fund operator Och-Ziff Capital Management will be no more next month, as the $33 billion firm will rebrand to “Sculptor Capital Management” in an effort ...

MarketWatch - AQR Capital Management's Clifford Asness says long-term Treasury yields have reached historical extremes.

The Wall Street Journal - U.S. stocks have been increasingly volatile lately, with the S&P 500 rising or falling by more than 1% almost every day in the past few weeks. Here's how some ...

Bloomberg - The fate of a Florida college founded by a black civil rights activist may be in the hands of a California hedge fund.

Business Insider - This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business Insider PRIME ...

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. EMPIRE STATE OF MIND The NFL has turned to an unlikely source to help run its newly created social ...

Money Marketing - Hedge fund Muddy Waters has asked the FCA to probe Woodford-held Burford Capital accounting practices, the day after the litigation finance company has ...

Almost two-thirds (62 per cent) of hedge fund and private equity investors have, within the last year, begun to search social media platforms such as Facebook, LinkedIn, Twitter and Instagram as part of the pre-investment background investigation process.

Sterling Trading Tech (STT), a provider of professional trading technology solutions, has launched a new market data entitlement system, The Sterling Entitlement Manager (SEM).

Drawbridge Partners, a premier cybersecurity services firm specialising in the needs of hedge fund and private equity managers, has launched DrawbridgeConnect, an automated management platform which allows firms to manage all aspects of their cybersecurity program.

Time to buy battered European banks, says fund manager  Financial TimesAlgebris founder cites 'massive value' and says shares have fallen too far.

A new paper looks at how hedge funds adjust their information acquisition and trading behavior as analyst coverage changes—and more specifically, when certain stocks cease to be covered by certain analysts. These authors considered the hypothesis that, faced with a murkier environment, hedge funds might become more cautious, reducing theirRead More

This is Money - The hedge fund handed its 25-page dossier to the Financial Conduct Authority (FCA), urging it to seize internal emails from Burford.

Nelson Peltz’s Trian Partners makes comeback after punishing 2018  Financial TimesTrian Partners, the shareholder activist fund run by Nelson Peltz, has staged a comeback in the first seven months of the year after a punishing end to 2018 left ...

Reuters - A Brazilian hedge fund was among the casualties of Monday's market rout on Argentine assets, with at least 75 percent of its equity exposure suffering losses ...

Distressed-buyout shop Platinum Equity is getting ready to launch a direct-lending fund targeting troubled companies — the latest sign that Tom Gores’ firm is seeking to diversify its business.The Beverly Hills firm has set a tentative fund-raising goal of up to $1.5 billion for the drawdown vehicle, with a first equity close penciled in for the first quarter of 2020. Michael Fabiano, who joined Platinum Equity in January from...

Bloomberg - As hedge fund holdings data pour in, investors will be keeping an eye on which managers may be exposed to the market apoplexy unfolding in Argentina.

From Reuters: A record number of fund managers in Europe have taken out protection against a sharp fall in equities and lowered their risk levels more than normal amid growing worries about the U.S.-China trade war, a key investor survey showed on Tuesday. Bank of America Merrill Lynch's latest ...

From City Wire: The first hedge fund was launched in New York by Alfred Winslow Jones 70 years ago, revolutionising the world of investment: here are the key dates. Hedge funds are a controversial but now well established part of the alternative investment world. The mystique attached to what un...

01VC raises $100m for second venture fund From Deal Street Asia: 01VC, a Shanghai-based early-stage venture capital (VC) firm, has closed its $100-million second fund focusing on early-stage opportunities in China. The fund had closed its $30-million first fund in 2015. o1VC looks for startups in...

From Institutional Investor: One of Bridgewater Associates' main strategies is back in the black. Pure Alpha I, also known as PA 12 percent, rose 3.31 percent in July and is now up 0.35 percent for the year. This is the first time the fund has been profitable all year. One of its main funds is p...

PennPSERS commits $1bn to 6 funds, makes changes to allocation From PIonline.com: Pennsylvania Public School Employees' Retirement System, Harrisburg, approved the commitment of up to $1 billion to six alternatives funds and approved changes to its target asset allocation, a news release from the...

Treasurys are 'frickin' expensive,' says co-founder of world's second biggest hedge fund Billionaire hedge fund manager Clifford Asness added his voice to the crowd of investors balking at the depths U.S. Treasury yields have now plumbed. When something as important as the U.S. bond yield hit...

IBM, India's Tata join U.S. tech platform's governing council From Reuters: International Business Machines Corp and Tata Communications have joined the governing council of Hedera Hashgraph, a distributed public ledger platform that aims to be faster and runs at a larger scale than current block...