Monthly Archives: January 2020
Barclay CTA Index Posts a 0.20 per cent return in December
(Hedgeweek) The managed futures industry closed the year with a second consecutive profitable month and rose 0.20 per cent in December, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. For the full year, CTAs […]
Family office allocation to hedge funds slips in 2019
(Opalesque) Family offices allocation to hedge funds suffered a drop from 28% in 2018 to 22.4% in 2019, said a study. According to Peltz International Survey, in comparison to the 2018 survey results, the allocation to equities and fixed income […]
Despite some pretty notable flops, VC had a good year in 2019
(Opalesque) Venture Capital had some pretty epic failures in 2019. But even with a few speedbumps, new data from PitchBook shows that VCs ended the year with deal activity on par with 2018’s record setting figures. VC’s posted $250 billion […]
Lexington Partners raises record $14bn for its newest alts fund
(Opalesque) New York-based global alternative investment manager Lexington Partners closed Lexington Capital Partners IX (LCP IX), an alternative investment fund that invests on the secondary markets, at $14 billion, surpassing its $12 billion target. To read this article:
Optima and Forbes Family Trust launch healthcare and biotechnology strategy
(Opalesque) Optima Asset Management, in association with Forbes Family Trust, has announced the launch of the Optima Healthcare and Biotechnology strategy. The new strategy will be managed by five highly accomplished portfolio managers with extensive experience investing in healthcare and […]
Which company just hit $1 trillion? Google it.
(Reuters) – As Google-parent Alphabet Inc (GOOGL.O) became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on […]
Hedge fund Standard General unveils challenge to Tegna’s board
(Reuters) – A large investor in Tegna Inc on Wednesday said it will nominate four directors to the U.S. regional TV station operator’s board, arguing the company’s stock has underperformed and changes are needed. Hedge fund Standard General has nominated […]
Activist hedge funds stepped up calls for asset sales and spin-offs in 2019
(Reuters) – Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019, according to new data. To […]
Alledged Ponzi-Like Scheme Raises $75 Million From 500 investors in United States.
(HedgeCo.Net) The Securities and Exchange Commission has announced that it filed an emergency enforcement action and obtained a temporary restraining order and asset freeze against Illinois resident Kenneth D. Courtright, III and his company, Todays Growth Consultant Inc., in connection […]
Momentum underperformance poses renewed challenges for hedge funds’ alpha
(Hedgeweek) The recent underperformance of momentum stocks suggests the prevailing trends of recent years are drawing to a close – potentially making alpha generation increasingly challenging for hedge funds, according to Man Group analysts. To read this article:
U.S., China set to sign massive purchases deal, easing trade war
(Reuters) – The U.S.-China trade war is set to enter a new, quieter phase on Wednesday as U.S. President Donald Trump and Chinese Vice Premier Liu He sign an initial trade deal that aims to vastly increase Chinese purchases of […]
Currencies in cautious mood as investors wait for trade deal signing
(Reuters) – The safe-haven yen held firm and riskier Asian currencies softened a little on Wednesday, as currency investors awaited the signing of the U.S.-China trade deal with trepidation. To read this article: