Monthly Archives: January 2020
The World’s Most-Profitable Hedge Fund Is Now a Climate Radical
(Bloomberg) The hedge fund industry has no shortage of aggressive, in-your-face players, but few are as tough as Chris Hohn. To read this article:
Portfolio Manager and Advisory Firm Charged with Misrepresenting Risk in Mutual Fund
(HedgeCo.Net) A New York-based investment adviser has been charged for misleading investors about the management of risk in a mutual fund. Catalyst Capital Advisors LLC (CCA) and its President and Chief Executive Officer, Jerry Szilagyi, agreed to pay a combined […]
Fed likely to reassure markets that it is watchful of coronavirus impact
(CNBC) The Fed is not expected to take any action on its benchmark fed funds rate this week, but it is likely to reassure markets that it is watching the outbreak of the coronavirus and other geopolitical uncertainties. To read […]
Global Hedge Fund Outlook 2020
(Hedgeweek) 2020 Top 10 tech predictions – To introduce the Hedgeweek Global Outlook Report 2020, the team at RFA has made the following 10 predictions on technology and how they might impact the industry over the next 12 months. We […]
New York tops London (again) as pre-eminent financial hub
(Hedgeweek) The Big Apple is the world’s foremost financial hub, beating London into second place for the second year running, according to a new report from Duff & Phelps. To read this article:
New York Institute of Finance and Google Cloud launch a Machine Learning for Trading Specialisation
(Hedgeweek) The New York Institute of Finance (NYIF) and Google Cloud have launched a new Machine Learning for Trading Specialisation available exclusively on the Coursera platform. To read this article:
Percentage of female Partners at private equity firms and hedge funds remains unchanged in the last year
(Hedgeweek) The percentage of female partners of private equity firms and hedge funds and other financial services partnerships has stuck at just 14 per cent for the third year in a row, says employment and partnership law specialists Fox & […]
Investors redeem more from active long only than hedge funds:
(Opalesque) The global hedge fund industry saw outflows of -$97.93 billion in 2019, according to the just-released December/Year-End 2019 eVestment Hedge Fund Asset Flows report. Despite these redemptions, total hedge fund industry AUM rose past $3.3 trillion at the end […]
Funds took a break from selling oil – until coronavirus concerns escalated
(Reuters) – Hedge funds and other portfolio managers made few changes to their petroleum positions in the seven days ending on Jan. 21, taking a break from heavy selling the previous week. To read this article:
ISS recommends against Instructure’s proposed sale to Thoma Bravo
(Reuters) – Four investment firms opposing the sale of U.S. educational software company Instructure Inc (INST.N) to private equity firm Thoma Bravo picked up support on Monday when an influential proxy advisory firm came out against the planned all-cash deal […]
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 […]
Husband and Wife Charged in Alleged Nearly $1 Billion Ponzi Scheme
(HedgeCo.Net) A California-based couple has been charged with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits. According to the SEC’s complaint, Jeffrey and Paulette Carpoff raised approximately $910 million from 17 investors between 2011 and 2018 by […]