Monthly Archives: May 2017
Ex-Eaton Vance portfolio manager to plead guilty to fraud in U.S. court
(Reuters) A former Eaton Vance Corp portfolio manager has agreed to plead guilty to having engaged in a fraudulent scheme involving call options that enabled him to illegally make $1.9 million, according to papers filed in Boston federal court on […]
HFR: Billion-Dollar Club Sees 2016 AUM Dip For First Time Since Financial Crisis
(FINalternatives) The exclusive club of hedge funds managing at least $1 billion in assets saw their AUM decline in 2016, the first calendar year since the global financial crisis to see a drop, according to new data from Hedge Fund […]
Hedge Funds Identify AI, Mobility and Data Governance as Key Themes During Indus Valley Forum
(FINalternatives) Hedge fund managers are concerned about artificial intelligence, cloud-based platforms that increase mobility, and data governance, according to new data gathered during alternative asset technology specialist Indus Valley Partners’ annual Mind Meld Hedge Fund Forum held in late April. […]
Fortress Said To Mull Sale of Logan Circle Partners
(FINalternatives) Alternative investment management giant Fortress Investment Group is reportedly exploring the sale of its Logan Circle fixed income asset management division. To read this article:
Greenlight Capital: GM investors will ‘vote with their wallets’
(Reuters) Greenlight Capital, which has been pressuring General Motors Co to restructure its share class, said on Tuesday it believed the automaker’s shareholders will vote in their best financial interests and support the hedge fund’s two-class stock proposal and nominees […]
New global fund to raise $300 million for digital currency investments
Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless […]
Trading platform OpenDoor launches for hard-to-trade Treasuries
(Reuters) Startup electronic fixed income trading platform OpenDoor Securities said it would hold its first auction on Tuesday, with the aim of improving liquidity in hard-to-trade areas of the $13.8 trillion U.S. Treasury securities market. The platform will offer “all-to-all” […]
SEC Offers Online Tool to Help Companies Estimate Registration Fees
(HedgeCo.Net) A new online tool may help firms calculate registration fees for certain form submissions to EDGAR, the SEC’s electronic database of financial reports and other filings. The new tool is intended to improve the accuracy of fee calculations and […]
Hedge Funds Outperformed in April: Are Trends Breaking?
(Market Realist) In April 2016, hedge funds outperformed CTAs (commodity trading advisors). The Barclay CTA Index, which reflects the performances of CTAs, fell by 0.07% in April. The Barclay Hedge Fund Index, which reflects the performances of reporting hedge funds, […]
What Recession Worries? Get Over It, Stocks Are Climbing 10%: Yardeni
(CNBC) Don’t put this market veteran in the bear camp. Ed Yardeni, who has been ranked among Wall Street’s best economic forecasters, predicts stocks will be 10 percent higher by this time next year…. To read this article:
OP Investment Management expands its Asian HF business
(Hedge Funds Club) In a brand new interview, HFC’s Stefan Nilsson discusses with OPIM’s CEO Alvin Fan about the evolution of the Hong Kong fund house and its current important role in the hedge fund industry. To read this article:
Activist Hedge Fund Investor Gives Blessing to London Stock Exchange Merger
(City A.M) An activist hedge fund shareholder of the London Stock Exchange (LSE) has given the Deutsche Boerse merger its blessing. The backing from the Children’s Investment Fund (TCI) founder Christopher Hohn comes after the investor played a prominent role […]
