Monthly Archives: May 2017
Verde Hedge Fund Warns Brazil Pension Bill Could Be Further Weakened
(Reuters) Verde Asset Management SA, Brazil’s largest hedge fund, sees lingering risks that Brazilian lawmakers will further water down government efforts to streamline the social security system, a move that could hamper austerity efforts in Latin America’s largest economy. Investors […]
Singer’s Elliott Management Reveals 15.3% Stake in Gigamon
(FINalternatives) Just days after Paul Singer’s Elliott Management raised $5 billion in fresh capital, the activist investor has disclosed a significant stake in network software maker Gigamon and promised to speak to management about a “strategic review.” The news prompted […]
Here Are the Stock Picks From the Rising Hedge Fund Stars at Sohn Moving Markets
(CNBC) Sohn is the most widely anticipated hedge fund event of the year, where managers volunteer their time and best investment ideas to raise money in the fight against childhood cancer. This year the conference began with Next Wave Sohn, […]
Have Emotions Overtaken Logic?
(Harvest) When we began working in portfolio management, we were excited by the idea that everything happening in the world was reflected in the prices that went by on the ticker tape – economic data, war, peace, elections, and the […]
bfinance Strengthens Infrastructure Research Team With Butani Hire
(FINalternatives) Investment consultancy bfinance has appointed former KPMG Corporate Finance executive Anish Butani as an infrastructure specialist on the company’s private markets team. To read this article:
FINRA Announce National Compliance Outreach Program for Broker-Dealers
(HedgeCo.Net) Cybersecurity, investing by seniors, and other regulatory topics of interest will be discussed when the Securities and Exchange Commission and Financial Industry Regulatory Authority (FINRA) hold their National Compliance Outreach Program for Broker-Dealers on July 27. Registration opened today […]
Managers Turning To Alternatives To Add Alpha And Diversify Portfolio Risk
(FINalternatives) The majority of professional managers favor active management and alternative investments for alpha generation as they anticipate greater volatility and lower yields throughout the remainder of this year, according to a new survey by Natixis Global Asset Management. To […]
Elliott Management Raises $5B In Fresh Capital For ‘Potentially Large Opportunity Set’
(FINalternatives) Paul Singer’s Elliott Management has raised more than $5 billion in fresh capital in less than a week as the famed activist investor readies dry powder for opportunities that could arise from what he describes as “potential disruptions in […]
Tycoons From China Plant Money Management Flags on Wall Street
(Bloomberg) When a new hedge fund opened in Mountainside, New Jersey, a leafy suburb that still holds an annual little-league parade, few would have guessed where much of its funding came from: Chinese billionaire Cai Kui. The credit hedge fund, […]
Man Group Shareholders Balk (Again) at Remuneration Package
(FINalternatives) Man Group’s board of directors faced continued pressure over executive pay Friday as more than a quarter of the public company’s shareholders objected to suggested 2016 payouts during the hedge fund manager’s annual general meeting. The company said 27% […]
Buffett Says Money Spent on Plumbers Better Than on Hedge Funds
(Bloomberg) Warren Buffett isn’t done criticizing hedge-fund managers for wasting clients’ money. At the annual meeting of his Berkshire Hathaway Inc. he again pressed the argument that, in aggregate, investment professionals aren’t worth their fees — and that people would […]
Industry Groups Slam ‘Overly Prescriptive’ Reg AT
(HFMWeek) Futures industry trade bodies, the FIA, the MFA and Aima have all issued letters calling for the CFTC to abandon its controversial Regulation Automated Trading, which is described in one as “neither necessary nor appropriate”. The letters were issued […]
