Monthly Archives: January 2020
Digital fiat currencies are coming, but they won’t sideline Bitcoin
(Opalesque) More governments are considering digital fiat currencies. However, none of them are fully developed yet. Delegates at the recent Opalesque Miami Roundtable offered their ideas about where digital fiat currencies might pop up first and whether they will succeed. […]
New Geneva equity hedge fund prepares for coming bear markets
(Opalesque) Stouff Capital’s Urizen fund, launched in September 2018, follows a quantamental strategy, that is, one that combines both a fundamental approach with a quantitative one. The fund is run by Julien Stouff, who has 25 years of experience in […]
The hedge funds of funds with 27 year track record that’s actually enjoying inflows
(Opalesque) A conversation about outperformance and manager selection with Cedric Kohler, Head of Advisory at Geneva-based Fundana. Fundana was founded in Geneva, Switzerland, in 1993 as one of the first independent Swiss institutions fully dedicated to alternative investments. It was […]
Valaris settles with Luminus, hands board seat to hedge fund
(Reuters) – Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners to its board. Luminus’ Adam Weitzman, an expert in offshore oil drilling who […]
Machine Learning Hedge Fund Sees 7% Returns for 2019
(AlternativeSoft) Is machine learning beginning to take centre stage? Off the back of a great 2018 performance, Voleon Group a hedge fund popularly known for using a machine learning strategy, returned 7% in 2019, a further rise from 2018 where […]
Is An Absolute Return to the Good Days Possible?
(Opalesque) Despite the disappointing performance of absolute return funds over the past 18 months, these products still offer opportunities for investors looking for diversification and uncorrelated returns in volatile markets, according to the latest issue of The Cerulli Edge. To […]
Deutsche Bank posts a $5.8 billion net loss for 2019
(CNBC) Deutsche Bank on Thursday posted a full-year net loss of 5.3 billion euros ($5.8 billion) amid a huge transformation project, the cost of which the German lender said is now 70% complete. The German lender announced in July that […]
CEO to Pay More Than $10 Million for Misleading Statements, Supervision Failures
(HedgeCo.Net) The Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Catalyst Capital Advisors LLC, of Huntington, New York, and its CEO, Jerry Szilagyi, for materially misleading statements made by Catalyst and one of its […]
Investors pulled nearly $100 billion from hedge funds in 2019, but UBS insists popularity isn’t waning
(CNBC) Investors withdrew a net $98 billion from hedge funds in 2019, the largest outflows in three years, but UBS analysts have argued that this does not indicate waning popularity. To read this article:
How smaller managers are navigating the evolving investment landscape
(Hedgeweek) Traditionally, allocators and investors often eschewed smaller, specialist hedge funds in favour of the firepower offered by larger brand-name managers. But as many smaller funds have posted outsized gains in recent years – while well-established marquee names experienced decidedly […]
Unhedged US exposure among corporates and pensions offers cheap options play for macro funds
(Hedgeweek) Last year provided some optimism for global macro hedge funds, ending the year up 6.50 per cent according to eVestment’s aggregated hedge fund performance data. And there are signs that 2020 could offer good opportunities to make upside, as […]
Hedge Funds Not Led by White Men Outperform Nearly 2 to 1
(Bloomberg) Hedge funds not controlled by white men had returns almost double their peers the last three years, according to a Bloomberg analysis of hedge fund data. To read this article: