Monthly Archives: January 2020
Broadridge to acquire FundsLibrary
(Hedgeweek) Broadridge Financial Solutions is to acquire FundsLibrary, a specialist in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. To read this article:
Institutional Investors back alternatives heading into 2020
(Opalesque) Institutional investors are backing alternatives heading into 2020. According to the newly released Eaton Partners LP Pulse Survey, 72% of institutional investors expect alternative assets to meet or exceed their benchmarks this year. More than half (52%) also described […]
44% of hedge fund managers recorded double-digit gains in 2019
(Opalesque) The global hedge fund industry AUM has increased by US$9.9 billion in 2019. Investor redemptions totaling US$126.2 billion have been recorded throughout the year, a level the industry has not seen post-crisis. To read this article:
Citadel Securities settles China probe
(Opalesque) Citadel Securities will pay 670 million yuan ($97 million) as part of a settlement with Chinese regulators over alleged trading irregularities in 2015. The settlement was announced by the China Securities Regulatory Commission To read this article:
GoldPoint Partners closes $678 Million Select Manager Fund
(Opalesque) GoldPoint Partners announced the successful closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, L.P. The Fund closed on $678 million of commitments, a 150 percent increase from its predecessor fund. To read this article:
Real asset investors taking ESG more seriously, says a study
(Opalesque) Investors in ‘real assets’ – an asset class including property – will increase their focus on environmental, social and governance (ESG) criteria, over the next five years, according to a survey by Macquarie Infrastructure and Real Assets (MIRA). To […]
Global alternative asset manager Ares Management takes controlling stake Asian alts manager SSG Capital
(Opalesque) Global alternative asset manager Ares Management has agreed to acquire a controlling stake in Asian alternative money manager SSG Capital Holdings for an undisclosed amount. To read this article:
SPARX Japan hedge fund returned 16% in 2019
(Opalesque) SPARX Asset Management’s Japan Long-Short Fund (USD class) returned 15.98% in 2019, against the TOPIX’s 13.7% To read this article:
Einhorn’s Greenlight Capital takes stake in Germany’s Software AG
(Reuters) – Hedge fund manager David Einhorn’s Greenlight Capital said on Tuesday it took an unspecified stake in German business software developer Software AG (SOWGn.DE), describing the shares as undervalued. To read this article:
Activist hedge fund Elliott sells stakes in Hyundai Motor companies:
(Reuters) Elliott Management sold all its shares in Hyundai Motor Group companies last year after it was thwarted in its campaign for huge special dividends and board seats, South Korean media reported. The U.S. activist hedge fund was not among […]
Hedge funds sell oil as doubts about economy resurface
(Reuters) – Hedge funds turned heavy sellers of petroleum last week as the threat of conflict in the Middle East receded and was replaced by renewed concerns about the health of the global economy. To read this article:
David Einhorn Says the Netflix Story Is ‘Busted’ and He Now Has ‘Substantial’ Bet Against Stock
(CNBC) David Einhorn’s Greenlight Capital told clients in a letter Tuesday that the hedge fund added to its short position in Netflix. Greenlight pointed to increased competition from new streaming services as one reason for the short position. To read […]