Monthly Archives: April 2017
BlackRock “Modestly’ Trims Fink’s Pay in 2016 To $25.5M
(FINalternatives) Global asset management giant BlackRock trimmed total compensation for chairman and CEO Larry Fink by 1% last year, according to a filing on Thursday, as net income fell by 5% despite an 11% gain in assets under management. To […]
SEC Adopts JOBS Act Amendments to Help Entrepreneurs and Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. It also approved amendments that adjust for inflation a threshold used to […]
SS&C GlobeOp Hedge Fund Performance Index Up +0.30% in March; Asset Flows Strong
(FINalternatives) Hedge funds gained again in March, according to new data from fund administrator SS&C GlobeOp, while the company’s asset flow indicator booked the most favorable April reading in the last ten years. To read this article:
GoldenTree Asset Management Closes On $711M CLO
(FINalternatives) GoldenTree Asset Management has announced the closing of a $711 million collateralized loan obligation to be managed by its affiliate GoldenTree Loan Management. To read this article:
American Century Investments Launches New Long/Short Liquid Alternative Fund
(FINalternatives) Kansas City-based mutual fund giant American Century Investments has expanded its suite of liquid alternative investment strategies with the launch of a new long/short equity fund. To read this article:
Second Quarter Hedge-Fund Strategy Outlook
(Harvest) K2 Advisors seeks to add value through active portfolio management, tactical allocation and diversification across four main hedge strategies: long-short equity, relative value, global macro and event driven. In their second-quarter (Q2) 2017 outlook, K2 Advisors’ Research and Portfolio […]
Chris Rokos’s Macro Fund Said to Decline 4.7% in First Quarter
(Bloomberg) Rokos Capital Management, one of last year’s best-performing macro hedge funds, lost 4.7 percent in the first quarter as macro funds struggled. The London-based fund run by billionaire Chris Rokos fell 2.4 percent in March, said a person with […]
Why You Shouldn’t Judge a Hedge Fund by Its Name
(Bloomberg) What’s in a name? For hedge fund investors, sometimes a warning sign.Hedge funds often choose names with words that reflect authority, stability and power — i.e. words with gravitas. Now a report from researchers at the University at Buffalo […]
The Lost Decade For Long/Short Hedge Funds
(Opalesque) For years, investors have suspected they aren’t getting the alpha they are paying for from long/short hedge funds. The underperformance might be even worse than they feared. Not only are they not capturing alpha, but investors aren’t even getting […]
Morgan Stanley Compliance Chief Fenrich Leaving for Hedge Fund
(Reuters) Morgan Stanley’s chief compliance officer Billy Fenrich is leaving the firm just over a year after being named to the position. Fenrich will be replaced by Raul Yanes, according to an internal Morgan Stanley memo reviewed by Reuters, which […]
Ukraine to Launch Big Blockhain Deal With Tech Firm Bitfury
(Reuters) Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm’s chief executive officer told Reuters, in a project he described as probably the largest of […]
Commodity Investing – Not for The Buy and Hold Crowd
(Harvest) An article in the Wall Street Journal , “Why Commodity-Index Investing May be Futile” has gotten a lot of interest by investors although there was not any new information in the story. The reasons for avoiding commodity indices should […]