Regulated Crypto Arb Fund Raises $50 Million - Crowdfund Insider
Regulated Crypto Arb Fund Raises $50 Million Crowdfund Insider - UK based a hedge fund, Nickel Asset Management, is reporting the first digital assets arbitrage strategy fund run by a UK FCA-regulated manager. The.
Citadel is making plans as big as a Ken Griffin beachside getaway.Now that he’s all but cornered the U.S. securities market, Ken Griffin is looking for a new land to conquer—and that land will be China. Citadel Securities already has a beachhead in Shangh - SHARE ARTICLE
You can be sure Jim Simons took some deep, satisfying drags as Elon Musk made him another $2 billion.We’ve heard a lot about the hedge funds—and, really, specifically the hedge fund—getting repeatedly kicked in the nuts by Elon Musk. About the billions an - SHARE ARTICLE
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market. - SHARE ARTICLE
18th Feb 2020 - 5:00pm
Electroneum partners with BiKi
18/02/2020 - 5:00pm
Electroneum has expanded its global trading presence by partnering with BiKi, a Top 20 cryptocurrency exchange on CoinMarketCap.
The - SHARE ARTICLE
18th Feb 2020 - 4:58pm
HSBC's future is regional rather than global
18/02/2020 - 4:58pm
Colin McLean, managing director of SVM Asset management, comments on HSBC full year results…
“Today’s announcement marks - SHARE ARTICLE
If you’re not an HSBC employee currently worried about coronavirus, you should be worried about your job.Over the summer, Edward Sankey abandoned the sinking ship that is Deutsche Bank to become global head of equity capital markets at HSBC. Sure, HSBC ha - SHARE ARTICLE
Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire - SHARE ARTICLE
Stockholm (HedgeNordic) – Two of the Nordic hedge fund industry’s asset managers are expanding their investor relations staff. Oslo-based hedge fund platform Sector Asset Management announced the hiring of Léopold Gasteen as Investor Relations Director, w - SHARE ARTICLE
Opioid wholesalers aren't off the hook yet ...The Opening Bell is powered by The Water Coolest. You can sign up for TWC's full, daily email newsletter here. In the meantime, check out one of the features from today's editi The post appeared first on dealbreaker..DEAL ME OUTIt will be a col - SHARE ARTICLE
18th Feb 2020 - 9:58am
Matchbook and Argyll & Buchannan form strategic partnership
18/02/2020 - 9:58am
Matchbook, the talent marketplace for the financial services industry, has entered into a strategic a - SHARE ARTICLE
Abu Dhabi-based Mubadala Investment Company and a state investor from Kazakhstan are thinking about committing up to US$ 4 billion into a hedge fund managed by Japan-based SoftBank Group Corporation. The hedge fund would be based in Abu Dhabi and invest i - SHARE ARTICLE
By Saeed Azhar, Anirban Sen and Davide Barbuscia (Reuters) - SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its money-making credentials - SHARE ARTICLE
As investors crunch numbers todetermine how the coronavirus will hit China’s economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a ship anchored near Weihai, China. - SHARE ARTICLE
Green investing is getting more and more mainstream, and while the size of these funds has been limited for years, money managers are seeing the size of their portfolios explode in 2020 - SHARE ARTICLE
By Keith Black, PhD, CFA, CAIA, FDP, Managing Director of Content Strategy, CAIA Association CAIA’s second webinar starring the authors of papers that are required readings for the FDP exam featured Gene Getman, CAIA, a client portfolio manager and produc - SHARE ARTICLE
The challenge U.K. asset managers face in balancing their fiduciary duty to deliver returns to clients with the growing demand from investors and regulators for investments to be sustainable has intensified recently - SHARE ARTICLE
B. G., Opalesque Geneva: Optima Asset Management has just launched the Optima Healthcare and Biotechnology strategy, which will be managed by five portfolio managers, each specialising in a branch of the sector.
The US-centric long/short strategy will - SHARE ARTICLE
B. G., Opalesque Geneva: Singapore-based asset manager APS Asset Management Pte Ltd has decided to focus solely on China going forward, and concentrate all our resources in only managing China mandates including Hong Kong, Taiwan and ADRs.
APS will be e - SHARE ARTICLE
Laxman Pai, Opalesque Asia: The new decade started flat for hedge funds, with minimal growth. The Preqin All-Strategies Hedge Fund benchmark returned +0.01% in January 2020.
This contrasts with the strong end to 2019, with returns reaching +1.71% in Dece - SHARE ARTICLE
Laxman Pai, Opalesque Asia: Among all of the emerging technologies, artificial intelligence (AI) attracted the highest number of venture capital (VC) investors during 2019, said a study.
However, big data and internet-of-things (IoT) led in terms of inve - SHARE ARTICLE
Skype co-founder's VC firm just raised an $820m fund to back European start-ups
From CNBC: Atomico, the venture capital firm founded by Skype co-founder Niklas Zennstrom, has raised $820 million for a new fund - the biggest since it was set up by the bil - SHARE ARTICLE
SoftBank spends $2.5bn to get second Vision Fund off the ground
From Reuters: SoftBank Group Corp (9984.T) has pumped $2.5 billion of its own cash into new investments since October, people familiar with the matter said, hoping to restore its money-makin - SHARE ARTICLE
Nearly half of Nordic institutional investors now invest in impact
From IPE: Impact investment is now a widespread strategy among institutional investors in the Nordic region, according to a new survey that shows 43% of the entities currently invest usin - SHARE ARTICLE
Hedge fund Renaissance built stake ahead of Tesla surge
From FT: Renaissance Technologies, a secretive computer-powered hedge fund founded by billionaire Jim Simons, added nearly 3.3m Tesla shares ahead of the electric car maker's surge earlier this year - SHARE ARTICLE
From Funds Europe: Keith Skeoch, the chief executive of Standard Life Aberdeen, has been appointed chair of the UK's Investment Association (IA) board.Skeoch replaces Peter Harrison, the chief executive of Schroders, after his three-year term as chair com - SHARE ARTICLE
Russia's central bank proposes new token framework, but labels crypto transactions 'suspicious'
From Coin Desk: The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions - SHARE ARTICLE
From Market Watch: Jupiter Fund Management PLC said Monday that it has agreed to buy Merian Global Investors Ltd. in a deal that will create an asset manager with more than 65 billion pounds ($84.79 billion) in assets under management.
Jupiter said it wil - SHARE ARTICLE
Real estate funds are under scrutiny for a lack of liquidity in some vehicles. A "structural vulnerability risk" exists in the real estate funds sector, according to a recent report by the European Securities and Markets Authority.
Many - SHARE ARTICLE
Amazon's Bezos pledges $10bn to climate change fight
From Reuters: Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects o - SHARE ARTICLE
Europe and UK lag mean global dividend growth
From Funds Europe: Europe and the UK are lagging the global average of dividend growth, a report by Janus Henderson has found. At a global level, payouts rose 3.5% on a headline basis to a "record&am - SHARE ARTICLE
High costs hold back foreign funds from investing in Chinese debt
From Nikkei: Foreign fund managers eyeing the $1.5 trillion Chinese distressed debt market are put off by high accountant and lawyer fees, which can be five times that of other regional ma - SHARE ARTICLE
From MSN: Where the euro goes next may be all about investor positioning. The common currency has slipped to the lowest since 2017 versus the dollar, yet this hasn't deterred asset managers from accumulating the largest net long position on record.
The m - SHARE ARTICLE
Venture debt: Is it a loan? Is it equity? Is it an pportunity?
From Forbes: Venture Capital is usually the default option for fast-growth startups looking for a cash injection, thanks to our willingness to take risks in return for equity, and with no nee - SHARE ARTICLE
Investors track ships, chase rumours to get edge on COVID-19 risks
From Reuters: As investors crunch numbers to determine how the coronavirus will hit China's economy, hedge fund manager Nathaniel Polachek has tied much of his outlook to the fate of a sh - SHARE ARTICLE
Aviva's Waygood calls for international panel on climate finance
From IPE: Steve Waygood, chief responsible investment officer at Aviva Investors, has called for the creation of an international panel on climate finance at the upcoming United Nations cli - SHARE ARTICLE
From Fortune: The Cosmopolitan and Bellagio hotels on the Las Vegas Strip. Stuyvesant Town, the largest apartment complex in Manhattan. Embassy Office Parks in Bangalore, one of India's biggest destinations for IT tenants.
Except for their prominence and - SHARE ARTICLE
The Alternative Investment Management Association says the plan to add the Cayman Islands – the major offshore domicile for the global hedge fund industry – to a tax haven blacklist remains an “open matter” until any formal decision is reached. - SHARE ARTICLE
Hedge funds continued selling petroleum last week as fears about a coronavirus-driven recession centred on China gripped the market, but the rate of sales slowed compared with the previous fortnight. - SHARE ARTICLE
Stockholm (HedgeNordic) – Finnish systematic asset manager Estlander & Partners has expanded its fund range with the launch of Estlander & Partners Glacies, a futures-based cross-asset multi-factor vehicle. Launched in February last year, the fund - SHARE ARTICLE
(Reuters Breakingviews) - SoftBank’s Vision Fund chief, Rajeev Misra, may have a cunning hedging strategy for the giant technology investor. He’s pushing to raise as much as $4 billion to make bets on listed companies, the Financial Times reported late on - SHARE ARTICLE
As you know, I misspent much of the past 20 years trying to understand and report on the excesses of the City of London that led to the banking crisis and everything that followed.
There were two hedge fund managers who made a bundle out of the rise and - SHARE ARTICLE
Stockholm (HedgeNordic) – One of the main attractions of hedge funds to institutional investors has been their ability to deliver uncorrelated absolute returns. A recent report indicates that institutional investors now want their hedge fund managers to “ - SHARE ARTICLE
Investors in beleaguered hedge fund Lime Asset Management are facing a bumpy road to get compensation for their losses. By no later than Friday, every investor in the hedge fund is expected to find out their confirmed individual losses in their combined - SHARE ARTICLE
SoftBank’s Vision Fund chief, Rajeev Misra, may have a cunning hedging strategy for the giant technology investor. He’s pushing to raise as much as $4 billion to make bets on listed companies, the ... - SHARE ARTICLE
About 72% of hedge fund managers said the rising interest among investors to incorporate environmental, social, and governance (ESG) factors into their investment activities is a huge factor for them to embrace ESG principles, according to a new report. T - SHARE ARTICLE
By Eze Castle Integration: With the recent outbreak of coronavirus, businesses and alternative investment firms are enacting pandemic response plans in an effort to keep their day-to-day operations running smoothly and without major disruptions due to sta - SHARE ARTICLE
Laxman Pai, Opalesque Asia: Amidst uncertainty around Brexit and the UK general election, Europe witnessed growth in mergers and acquisition (M A) deal volume and value in the fourth quarter (Q4) of 2019.
According to GlobalData, M A activity reported gro - SHARE ARTICLE
Laxman Pai, Opalesque Asia: Although the infrastructure industry remains a relatively small part of the private capital industry overall, it has grown phenomenally over the past decade and total AUM has quintupled since 2009.
Sustained investor appetite - SHARE ARTICLE
Laxman Pai, Opalesque Asia: ETFs and ETPs listed globally gathered net inflows of US$67.15 billion at the end of January 2020, which is significantly higher than the US$17.23 billion gathered at this point last year.
Assets invested in the global ETFs/ETP - SHARE ARTICLE
Laxman Pai, Opalesque Asia: In 2019, a reported $63.2 billion was committed to private equity funds by 114 public plans, said eVestment.
The top three public pension investors by total dollars committed were CalSTRS ($4.87 billion), CalPERS ($4.71 billion - SHARE ARTICLE
In the week ending February 14th 2020, Bloomberg reported that the top 15 hedge fund managers collectively earned $12 billion in 2019, with the top five taking in more than $1 billion each: Chris Hohn, Jim Simons, Ken Griffin, Steve Cohen and Chase Colema - SHARE ARTICLE
Bridgepoint aims to raise $1.3bn for fourth development fund
From PE News: Bridgepoint is targeting pound;1bn ($1.3bn) for its fourth Development Capital fund, according to documents from a Louisiana pension fund.
If the fundraising reaches its goal, Br - SHARE ARTICLE
From Business Insider: Hedge-fund investors like university endowments and foundations require managers to take a years-long selling approach, and that's ramping up pressure on new launches hoping to make it.
The more institutional approach has made it ha - SHARE ARTICLE
From FT: The head of SoftBank's $100bn Vision Fund has lined up billions of dollars of outside investment for a new hedge fund-style vehicle, in a move that threatens to escalate tensions at the world's biggest tech investor.
Rajeev Misra, who oversees t - SHARE ARTICLE
Texas Municipal earmarks $875m for 7 alts funds
From PIonline.com: Texas Municipal Retirement System, Austin, approved commitments totaling $875 million to seven alternative investment funds during a board meeting Friday for the $31.5 billion pension fun - SHARE ARTICLE
Bridgewater, Viking among big hedge funds that added Tesla in fourth quarter before rally
From Reuters: Billionaire Ray Dalio's Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets o - SHARE ARTICLE
Blackstone taps Chung as MD for growth equity investing platform
Blackstone announced that Ann Chung has joined the firm as a Managing Director in its Growth Equity investing platform, Blackstone Growth (BXG), where she will help to lead the group's con - SHARE ARTICLE
Italy registers a boost in cryptocurrencies and other digital payments
From Coin Idol: Making a digital payment, e.g. using cryptocurrency is still, for many Italians, an operation that could potentially be a security risk. To highlight it is a study con - SHARE ARTICLE
Hedge funds bet Aussie will overcome impact of coronavirus
From Bloomberg: Is the Australian dollar close to a turning point? Some hedge funds seem to think so. Leveraged investors have turned positive on the Aussie in recent weeks even as the spread of - SHARE ARTICLE
U.S. pension insurer scrutinizing deals between McClatchy, hedge fund
From WSJ: The U.S. government's pension insurer is demanding more information about financial transactions between McClatchy Co. and the New Jersey-based hedge fund angling to become t - SHARE ARTICLE
Hedge fund Lansdowne hit by failed bet on UK recovery
From FT: Lansdowne Partners has continued a run of disappointing performance into this year, after the bet by one of Europe's biggest hedge funds on a recovery in UK stocks failed to pay off.
Mayfair- - SHARE ARTICLE
Individual Lime investors face losing entire principal
From Korea Herald: The entire amount of financial losses stemming from Lime's funds is expected to rise to more than $1 billion, sparking deep distrust in private fund operatives and concerns over a - SHARE ARTICLE
No handshakes, no deals: Silicon Valley VCs hit pause on China
From Nikkei: Venture capital companies in Silicon Valley are not taking any chances when it comes to the coronavirus outbreak. "Due to the Coronavirus, No Handshakes Please. Thank Yo - SHARE ARTICLE
From Institutional Investor: Research shows that hedge fund "families" - like Tiger Management and its offshoots - make overlapping trades that result in excess returns. Research suggests that portfolio managers who have left hedge funds - SHARE ARTICLE
Manager support for ESG resolutions ticks up despite low backing from megafirms
From PIonline.com: Support for ESG-related shareholder resolutions has climbed steadily in recent years among asset managers, but several of the biggest managers vote against - SHARE ARTICLE
The shrinking presence of local news across the United States may be dividing the country, Miami Herald reporter Julie K. Brown said Sunday on CNN’s Reliable Sources. “With these smaller newspapers drying up across the country, it is creating a collapse o - SHARE ARTICLE
New Jersey convict Richard Stadtmauer, implicated in the Kushner Companies scandal, is suing New Rochelle resident Mark Nordlicht, accused of fraud in the $1 billion Platinum Partners debacle, for $14.9 million. - SHARE ARTICLE
It usually starts with behind-the-scenes discussion. Then, a letter or announcement explaining the investor’s demands is made public. Stock prices see a bump. Change ensues. And the firm walks away with millions, or even billions, in profit.ThatR - SHARE ARTICLE
It usually starts with behind-the-scenes discussion. Then, a letter or announcement explaining the investor’s demands is made public. Stock prices see a bump. Change ensues. And the firm walks away with millions, or even billions, in profit.That&rsq - SHARE ARTICLE
Rishi Sunak was part of a small team of hedge fund bosses who shared nearly £100m after an audacious stock market bet that lit the touchpaper on the 2008 financial crisis.The new chancellor was a - SHARE ARTICLE
(MENAFN - Gulf Times) Asia-based hedge funds are bracing for a lean quarter of capital raising as the spread of the coronavirus leads to the postponement and cancellation of key events that have historically drawn Western investors to the region.
London-h - SHARE ARTICLE
The FSC will cap illiquid investments at 50% for open-ended funds, require them to conduct regular stress tests, raise transparency of complex fund structures, and enhance supervisory monitoring. - SHARE ARTICLE
Lawyers for the Pension Benefit Guaranty said it suspects the transactions elevated the interests of hedge fund Chatham Asset Management over the agency, which has said it is poised to assume roughly $800 million in pension-related liabilities. - SHARE ARTICLE
Oh no, wait, of course you will.Yesterday, our friends at DealBook asked a question of Judy Shelton, the gold-standard proponent who is President Trump’s latest nominee to the Federal Reserve Board of Governors: “Is This the Next Leader of the Fed?”She ap - SHARE ARTICLE
Look! You’ve already forgotten about the last 12 terrible years, haven’t you?When you hear the letters “R,” “B” and “S” in sequence, what comes to mind? Bailouts? Bad banks? Fines? Market manipulation? Nine straight years of losses (it’s actually now two - SHARE ARTICLE
Well, other than success, of course. That’s all him.See how some of these scenarios strike you…“I don’t think I should be held accountable,” the owner of the Floridian National Golf Club said after the clubhouse restaurant was caught watering down drinks. - SHARE ARTICLE
Details in hundreds of pages of documents associated with the filing show how Chatham used a series of financial transactions to exert increasing control over the company, to the point where it partnered with McClatchy on a bankruptcy plan that, if approv - SHARE ARTICLE