Monthly Archives: April 2019
What Cloud Computing Can Teach us About Blockchain and Digital Assets
(Opalesque) Is blockchain the new cloud computing? Delegates at the recent Opalesque Dubai Roundtable suggest that blockchain will eventually take on the same strategic role as cloud computing, with the technology being used to power critical infrastructure and other strategic […]
Performance Gains Lift Hedge Fund Assets Despite Four Consecutive Quarters Of Net Asset Outflows:
(Opalesque) In the week ending April 19th 2019, a report from Hedge Fund Research said that hedge funds turned in their strongest first quarter in 13 years. HFR’s index of hedge funds saw a 5.7 percent gain in the first […]
Preqin reports 69 hedge fund launches, 5.40% average performance in Q1
(Opalesque) 69 hedge funds were launched in Q1 2019, the majority (84%) of which were single-manager funds, reports research house Preqin in its Q1 update. Furthermore, the Preqin All-Strategies Hedge Fund benchmark returned +5.40% for the quarter. To read this […]
Third Point to Eye Corporate Governance More Closely as it Makes New Bets
(Reuters) Hedge fund Third Point LLC, which sometimes pushes companies to perform better, said it is beginning to look more closely at corporate governance issues, including executive pay, as it evaluates future investments. “More carefully and systematically studying governance is […]
Silicon Valley Company will pay a $3 million penalty for Misstating Returns to investors.
(HedgeCo.Net) The Securities and Exchange Commission has announced that Prosper Funding LLC will pay a $3 million penalty for miscalculating and materially overstating annualized net returns to retail and other investors. San Francisco-based Prosper is a marketplace lender that, through […]
Hedge fund flows turn positive in February ending five-month redemption trend
(Hedgeweek) Hedge fund flows turned positive in February, as a January stock market rebound, hopeful signs in US-China trade talks and indications of a pause in US interest rate hikes spurred investors to reverse a five-month trend of net redemptions. […]
Barclays and Red Kite Settle Copper Market Dispute
(Reuters) British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money. “Legal proceedings between the Red Kite group […]
Hedge Funds Aggressively Shorting VIX Shouldn’t Ring Alarm Bells
(Bloomberg) Hedge funds shorting stock volatility en masse is the latest canary in the coal mine for those fretting dovish central banks are setting the stage for the next market blow-up. Not so fast, says a growing chorus of Wall […]
Collapsed Hedge Fund Columna Sues Permira-Backed Former Managers
(Reuters) The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. Columna, launched in […]
Collapsed Hedge Fund Columna Sues Permira-Backed Former Managers
(Reuters) The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. Columna, launched in […]
L Brands Says Hedge Fund to Withdraw Board Nominees After Reaching Agreement
(Reuters) L Brands said last week that activist investor Barington Capital has agreed to withdraw its proposed board nominees and instead will serve as a special adviser as part of an agreement with the company. The agreement comes a month […]
Leveraged Loan Risks May Require Legislation, SEC’s Jackson Says
(Bloomberg) The U.S. Securities and Exchange Commission may need more power from Congress to police risks emerging in the $1.1 trillion market for leveraged loans, according to a top official at the Wall Street regulator. “As a former banker, I […]