Monthly Archives: March 2019
Prime Capital’s Second Fund of Hedge Funds PCAM Select Passes USD100m in AUM
(Hedgeweek) The Multi-Strategy Fund of Funds (FoHF) PCAM Select, which was launched in August 2018 with approximately USD60 million, has recently surpassed USD100 million assets under management (AUM). At the end of February 2019, PCAM Select reported more than USD140 […]
Trium Capital Launches Dynamic Chesapeake Global Equity Fund
(Hedgeweek) Trium Capital, a London-based alternative investment specialist, has partnered with New York based Chesapeake Asset Management (CAM) to offer a global equity fund – The Trium Chesapeake Global Equity UCITS Fund – which launched last month. The fund’s global, […]
Mirador Partners with Canoe Intelligence to Simplify Alternative Investment Reporting
(Wealth Adviser) Mirador, a provider of bespoke portfolio-performance reporting solutions for high net-worth families, family offices, and wealth management firms, has partnered with Canoe Intelligence to improve and simplify reporting on alternative investments by eliminating manual data entry. Today’s wealth […]
Can a Hedge Fund Quant Remake a City without Destroying It?
(Bloomberg) A University of Virginia grad thinks he can turn Charlottesville into a tech hub while preserving its small-town feel.I went to Charlottesville, Virginia, a few months ago to talk to a man who had just given his alma mater […]
Mobile TeleSystems Settles FCPA Violations
(HedgeCo.Net) Russian telecommunications provider Mobile TeleSystems PJSC (MTS) will pay $100 million to resolve SEC charges that it violated the Foreign Corrupt Practices Act (FCPA) to win business in Uzbekistan. According to the SEC’s order, MTS bribed an Uzbek official […]
BB&T to Return More Than $5 Million to Retail Investors and Pay Penalty Relating to Directed Brokerage Arrangements
(HedgeCo.Net) The Securities and Exchange Commission today announced that BB&T Securities has agreed to return more than $5 million to retail investors and pay a $500,000 penalty to settle charges that a firm it acquired misled its advisory clients into […]
PEGAS TTF Spot sets a new monthly volume record in February
(Hedgeweek) PEGAS, the pan-European gas trading platform operated by Powernext, established a new monthly record on its TTF spot market in February with 47.97 TWh, eclipsing the previous high mark of 46.53 TWh set in January. To read this article:
Hedge Funds Carry on Buying Oil Despite Trump Intervention
(Reuters) Hedge funds continued to boost their bullish position in crude and fuels last week despite a call from U.S. President Donald Trump for OPEC to “relax and take it easy”. Hedge funds and other money managers were net buyers […]
It’s Hedge Funds Against Long-Term Players in Japan Stock Market
(Bloomberg) The rally that’s pushed Japanese equities to a three-month high hides a different story when it comes to the cash market. While foreigners have bought 1.48 trillion yen ($13.2 billion) of futures linked to the Topix index and the […]
Zayo says evaluating options, shares jump 13 percent
(Reuters) – Zayo Group Holdings Inc on Wednesday put off its analyst day meeting set for March 14 and said it was evaluating options, sending the shares of the communications infrastructure provider up 13 percent in afternoon trading. Reuters reported […]
Hedge Funds Lure Israeli Talent as Money Managers Do the Math
(Bloomberg) Israel’s small but fast-growing hedge-fund industry is getting a shot in the arm as staff from the nation’s investment houses move across in search of higher pay. Twenty-five funds launched last year as money managers left their old firms […]
Stable launches a commodity price risk management platform and seals USD6m seed funding round
(Hedgeweek) Stable, a venture backed fintech aiming to disrupt the commodity price risk management (CPRM) industry, has launched a risk management platform which is initially focussed on food and farming businesses in over 15 countries around the world. To read […]