Monthly Archives: February 2017
Private Equity Adviser Barred From Industry for Improper Withdrawal From Funds
(HedgeCo.Net) The Securities and Exchange Commission today announced that a private equity adviser has been permanently barred from the securities industry and must pay a $1.25 million penalty to settle charges that he withdrew improper fees from two private equity […]
The Demise Of The Fiduciary Rule?
(HedgeCo.Net) A new commentary by Crow & Cushing examines the process for rolling back existing regulations and what to expect in the case of the “fiduciary” rule. Crow & Cushing is a law firm in Princeton, NJ, specializing in serving […]
Can ESG Investors Do Well While Doing Good?
(Harvest) Investors can play a pivotal role in addressing global issues with solutions government organizations can’t achieve on their own. ESG investing—meaning investments guided by environmental, social and corporate governance criteria, also known as impact investing—is one avenue for those […]
Change Management For Fund Managers
(Harvest) Looking to the past as a way to gauge the likely direction of the future is a popular exercise in the first quarter of every year. It’s a natural desire for people to want to improve on their personal […]
Chief Operating Officer Jeffery Heslop to Leave SEC
(HedgeCo.Net) The Securities and Exchange Commission today announced SEC Chief Operating Officer Jeffery Heslop will leave the agency this month. Mr. Heslop joined the SEC in 2010 when he was named the SEC’s first-ever COO. In the nearly seven years […]
Ex-Millennium Manager to Launch $250 Mln-Plus Equity Hedge Fund
(Reuters) Former Millennium Capital Partners’ portfolio manager Michael Cowley plans to launch equities hedge fund Sandbar Asset Management later this year, three sources close to the matter told Reuters on Monday. Cowley could launch his equities hedge fund with up […]
Investors Have Never Loved OPEC So Much as It Sticks to Cuts
(Bloomberg) Investors are betting big that OPEC’s cuts are real. Money managers are the most bullish ever on West Texas Intermediate crude for a second week as signs show OPEC and other nations are slashing production. The group cut supply […]
Silicon Valley Hedge Fund Takes On Wall Street With AI Trader
(Bloomberg) Babak Hodjat believes humans are too emotional for the stock market. So he’s started one of the first hedge funds run completely by artificial intelligence.”Humans have bias and sensitivities, conscious and unconscious,” says Hodjat, a computer scientist who helped […]
Hedge Fund Firms PAAMCO and KKR Prisma to Merge
(Reuters) Hedge fund investment firms PAAMCO and KKR Prisma said on Monday they were merging, signaling more consolidation in the so-called funds of funds sector as assets continue to contract and clients demand more. The new firm, PAAMCO Prisma Holdings, […]
Hedge Funds Slash Bullish Ag Bets – Even as History ‘Suggests Rally Ahead’
(Agrimoney.com) Hedge funds slashed bullish bets on agricultural commodities, turning record bearish on cocoa and selling grains heavily – in a trend deemed supportive to prices, which some analysis says may be heading for a long-term recovery. Managed money, a […]
Harvard’s Record $1.2 Billion Haul Erased by Investment Losses
(Bloomberg) Harvard University raised $1.2 billion from donations, a record for the world’s richest college. The haul was erased by $2 billion in investment losses and spending…. To read this article:
Meet the Ex-Banker Using Ethereum to Take On Traditional Hedge Funds
(Coin Desk) In the world of hedge funds, the old adage really is true: you have to have money to make money.The barrier to entry for an individual investor is frequently $500,000, with portfolio managers themselves needing as much as […]