Monthly Archives: April 2017
Investment Bank VP Charged With Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission today charged a vice president in the risk management department of a New York-based investment bank with insider trading on confidential information he learned in advance of a private equity firm’s acquisition of a […]
eVestment: Alternative Assets Under Administration Up 14% in 2016
(FINalternatives) Alternative assets under administration jumped more than 14% last year to reach $7.64 trillion, according to the 17th edition of eVestment’s annual Alternative Fund Administrator survey. To read this article:
Investors Commit Record $14B To Private Equity Secondaries Funds in Q1/17
(FINalternatives) Private equity secondaries firms attracted a record level of investor capital in Q1 2017, according to new data from Preqin, as six funds raised $14 billion – surpassing the sector’s previous all-time high of $13 billion reached in Q4 […]
Big Hedge Funds See Assets Shrink
(Reuters) Assets managed by the largest hedge funds slipped last year, marking the first calendar year decline since the financial crisis, according to a new survey by data and news provider Hedge Fund Intelligence.The twice-annual Billion Dollar Club report, released […]
What Does the World’s Largest Hedge Fund Manager Say to Do Now?
(Valuewalk) The goal is to build a portfolio that can weather any scenario, no matter what the factors are. That’s the message Ray Dalio recently shared with Business Insider when explaining how he would tell investors to position their money […]
Hedge Fund Billionaire Griffin to Give $15m to Robin Hood
(Bloomberg) Ken Griffin, the billionaire founder of hedge fund firm Citadel LLC, will make a $15 million donation to the Robin Hood Foundation, a New York City poverty-fighting group that named a new chief executive officer this week… To read […]
A Match.com for Investors Will Bypass Banks to Gain CEO Access
(Bloomberg) A group of upstarts is seizing on new European Union rules to shake up banks’ matchmaking role between investors and corporate executives. As investors prepare for EU regulations that will force them to pay for research products a la […]
Fist Bumps’ at Hedge Funds Over Trump’s Tax Plan
(Reuters)U.S. hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer. Trump, looking to make good on […]
SEC Awards Nearly $4 Million to Whistleblower
(HedgeCo.Net) The Securities and Exchange Commission today announced an award of nearly $4 million to a whistleblower who tipped the agency with detailed and specific information about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge […]
HFRU Composite Index Falls 0.30% Through Mid-April As CTA’s Slip
(FINalternatives) The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, declined -0.30% through April 21, according to a flash update from Hedge Fund Research. To read this article:
This $30bn Pension Pot is Keeping Faith With Hedge Funds
(Bloomberg) The firm that compensates members of U.K. retirement pots when they run into trouble is keeping faith with hedge funds despite widespread criticism of their high fees and underwhelming returns. The Pension Protection Fund has about 23 billion pounds […]
CalSTRS Pares Down US Equity Exposure in Market’s Record Run
(Reuters) Record high U.S. stock prices are providing the California State Teachers’ Retirement System with profit-taking opportunities as it cuts exposure to U.S. equities and moves money off shore, the plan’s chief investment officer told Reuters on Wednesday. Christopher Ailman, […]