Monthly Archives: January 2018
SEC Invites Regulated Entities to Voluntarily Submit Self-Assessments of Diversity Policies and Practices
(HedgeCo.Net) The Securities and Exchange Commission (SEC) Office of Minority and Women Inclusion (OMWI) today introduced its Diversity Assessment Report for Entities Regulated by the SEC. OMWI created the Diversity Assessment Report to complement the Interagency Policy Statement Establishing Joint […]
Wilshire: 2017 A Strong Year For Liquid Alternatives
(FINalternatives) Liquid alternatives tracked with the traditional hedge fund brethren in recovering both return and asset momentum last year, according to the latest edition of the Wilshire Liquid Alternatives Industry Monitor, although liquidations still outpaced new launches. To read this […]
Castlewood Notches Third Consecutive Year of Double-Digit Returns
(FINalternatives) The flagship fund at macro-oriented investment manager Castlewood booked its third straight year of double-digit returns in 2017, according to performance data seen by FINalternatives, gaining +16.79% net of expenses. To read this article:
Hedge Fund Closing as South Korean Firm Retreats From Singapore
(Bloomberg) Truston Asset Management Co., a South Korean investment firm that managed $8.5 billion as of August, is closing its office in Singapore and a hedge fund based in the city. The closures of the office, established in 2007, and […]
Scaramucci Considers Return to SkyBridge, Scraps Vegas SALT Conference in 2018
(Bloomberg) Anthony Scaramucci said he’d like to have a role again in the future of SkyBridge Capital, the fund-of-hedge-funds firm he founded, and scrapped plans to hold his flagship SALT conference in Las Vegas this year.“If the sale goes through […]
Dalio Says Bonds Face Biggest Bear Market in Almost 40 Years
(Bloomberg) Billionaire hedge-fund manager Ray Dalio said that the bond market has slipped into a bear phase and warned that a rise in yields could spark the biggest crisis for fixed-income investors in almost 40 years.“A 1 percent rise in […]
BlackRock Bond Veterans Start Hedge Fund Aimed at Cryptocurrency
(Bloomberg) That’s the career path taken by former BlackRock Inc. bond specialists Michael Wong and Adam Grimsley who together with a third founder have set up Prime Factor Capital, a London hedge fund that will trade cryptocurrencies from April. While […]
Bluemountain Loses Senior Investment Adviser, Senior Trader
(Reuters) More executives have departed BlueMountain Capital Management as the hedge fund posted disappointing results last year, two people familiar with the matter said on Wednesday.The latest to leave the $22 billion firm were Derek Smith, a partner and senior […]
Saudi’s SABIC Buys 24.99 Stake in Swiss Chemicals Maker Clariant
(Reuters) Saudi Basic Industries Corp (SABIC) has agreed to acquire a 24.99 percent stake in Swiss specialty chemicals maker Clariant AG , SABIC said on Thursday, becoming the Swiss company’s largest shareholder. SABIC did not say how much it paid […]
Seeking True Diversification Through Alternatives
(Harvest) Despite generally strong returns and improving economic conditions in the U.S. since the financial crisis, many investors remain mindful of the inherent risks in financial markets. Record low levels of volatility since the 2016 presidential election are enticing investors […]
Hedge Fund Billionaire Howard Marks is Throwing Cold Water On The Gop Tax Law
(The Business Insider) Oaktree Capital founder Howard Marks threw cold water on the GOP tax reform in a new memo, questioning its long-term benefits and capacity to create new jobs. To read this article:
Steven Cohen Ramps Up GOP Donations Amid Hedge Fund Comeback
(Fox Business) Billionaire hedge fund manager Steven Cohen, who after years of toiling with the government during its crackdown on insider trading, is on the verge of making a big splash and return to public fund business, while shoveling wads […]