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Category Archives: Syndicated

BlackRock to acquire eFront in $1.3bn deal

(Hedgeweek) BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash. To read this article:

Hedge fund flows weak, but Positive

(Hedgeweek) Investors may have added USD1.69 billion to hedge funds in February but they face a rough road in 2019 with net inflows still in the negative YTD, according to eVestment’s February 2019 Hedge Fund Asset Flows Report. To read […]

Hedge fund launches and liquidations on decline while fund performance dispersion widens significantly in 2018

(Opalesque) New hedge fund launches hit an 18-year low during 2018. The fund liquidations also declined during the year, hitting their lowest point since 2007. According to Hedge Fund Research (HFR) report, new hedge fund launches fell to conclude 2018, […]

Cisco projects $9.7bn will be spent annually on blockchain projects by 2021

(Opalesque) The blockchain has the potential to hold as much as 10% of the world’s GDP, said ‘Blockchain by Cisco’ report. This means that several trillion dollars worth of value could be stored on both decentralized and permissioned blockchains by […]

Pershing Square up 31.9 pct, Ackman says stable capital base to help firm

(Reuters) – Hedge fund manager William Ackman said in his annual letter to shareholders that his Pershing Square Holdings fund has gained 31.9 percent since the start of 2019, the best start to the year in the firm’s 15-year history. […]

Hedge fund Appaloosa unimpressed by Allergan board promises

(Reuters) – Activist investor Appaloosa LP responded to proposed concessions from the board of Allergan Plc by saying it had done everything “except what needs to be done” and calling on other investors to take further “disruptive” steps to change […]

Hedge funds increase appetite for oil:

(Reuters) – Hedge funds bought another 65 million barrels of petroleum futures and options in the week to March 19, taking total purchases over the last 10 weeks to 384 million barrels, according to reports published on Friday.The one-week increase […]

CQS Hedge Fund Says Curve Inverting on Technicals Won’t Last

(Bloomberg) As sovereign bonds around the world continue their relentless climb and a closely watched segment of the U.S. yield curve inverts — seen as a harbinger of recession — the level of anxiety about the global economy can’t be […]

PRECIOUS-Gold gains as U.S. recession fears lift safe-haven appeal

(Reuters) Gold prices firmed on Monday as concerns about a potential U.S. recession and decelerating global growth weighed on stock markets, which increased appetite for safer assets. To read this article:

Judge Advises Lampert’s Firm to Pay Back Millions Swiped from Sears

(New York Post)A bankruptcy judge has “strongly” advised the company that bought Sears out of bankruptcy to hand over millions of dollars to the old Sears. At a Thursday hearing, Judge Robert Drain weighed in on the contentious financial dispute […]

Allston Hedge Fund Manager Gets Lengthy Sentence in Ponzi Scheme

(Boston Globe) A hedge fund manager from Allston was sentenced Thursday to more than 14 years in federal prison for running a Ponzi scheme where he scammed millions of dollars from investors, officials said.Raymond Montoya, 70, was sentenced to 175 […]

SS&C GlobeOp Forward Redemption Indicator: March Notifications 3.49%

(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for March 2019 measured 3.49%, up from 3.42% in February.”SS&C GlobeOp’s Forward Redemption Indicator for March 2019 was 3.49%, an uptick from the record low March redemptions of 2.91% reported for the same […]

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