Monthly Archives: March 2020
Alternatives investor appetite holds steady in the face of challenging market conditions
(Opalesque) Strong performance across most asset classes has kept satisfaction high, according to Preqin: Preqin’s Investor Outlook: Alternative Assets, H1 2020* finds that investors are generally satisfied with performance in 2019. A minimum of 71% of investors in each private […]
CalSTRs CEO set to retire
(Opalesque) CalSTRS CEO Jack Ehnes will retire in September. Ehnes made the announcement during a board meeting at the pension system today. Ehnes joined CalSTRS as CEO in February 2002. To read this article:
Reverence Capital Partners hits a $1.2bn hard cap for financial services fund
(Opalesque) Financial services-focused Reverence Capital has hit a $1.2bn hard cap for the final close of its latest investment vehicle, Reverence Capital Opportunities Fund II. The New York-based firm was initially seeking $750m for Fund II but was able to […]
Hedge fund Brevan Howard made gains across firm in February
(Reuters) – Billionaire Alan Howard’s hedge fund generated gains across the firm in February as many peers struggled in the wake of coronavirus. London-based Brevan Howard’s main fund, which bets on macroeconomic events, made 5.2% in February, generating gains of […]
New York-area banks, insurers and funds step up coronavirus preparation
(Reuters) – Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak – already on the finance capital’s doorstep – showed little sign of abating. To […]
Ackman hedges to protect against coronavirus’ ‘negative’ impact
(Reuters) – Billionaire hedge fund investor William Ackman on Tuesday said he has moved to protect the firm’s $6.6 billion portfolio, which includes restaurant chain and hotel stocks, as the spread of the coronavirus has sparked prolonged panic selling in […]
Ackman hedges to protect against coronavirus’ ‘negative’ impact
(Reuters) – Billionaire hedge fund investor William Ackman on Tuesday said he has moved to protect the firm’s $6.6 billion portfolio, which includes restaurant chain and hotel stocks, as the spread of the coronavirus has sparked prolonged panic selling in […]
Final Judgment Against Broker Found Liable for Defrauding Customers
(HedgeCo.Net) The Securities and Exchange Commission has obtained a final judgment against a New York-based broker who was charged with fraud for excessively trading customer accounts using a trading scheme that resulted in hefty commissions for the broker but significant […]
Hedge Fund Winners Warn Investors: Beware of Buying the Dip
(Bloomberg) Two of the best performing macro hedge funds of recent weeks have a tip for investors: buying the dip in stocks may not work this time. To read this article:
JP Morgan targets sustainability alpha with new ESG-focused long/short hedge fund launch
(Hedgeweek) JP Morgan Alternative Asset Management is rolling out a new long/short ESG-focused hedge fund strategy, which aims to generate alpha by trading a range of global sustainability themes – but warns that more work is needed on ESG education […]
Optimistic hedge fund investors to allocate more capital, reposition defensively
(Opalesque) Hedge fund performance improved over 2019, but investors are demanding more from hedge funds. “Performance resurges from 2018, but investors are looking to rebalance their portfolios in what could be a make-or-break moment for the asset class,” revealed Preqin […]
US tops cross-border M&A activity in 2019
(Opalesque) With more than 1,500 outbound and than 1,300 inbound mergers and acquisitions (M&A) deals, the US occupied the top position in terms of outbound and inbound M&A deal volume and value in 2019 To read this article:
