Monthly Archives: May 2018

(Harvest) In another post I explained why the China A-Share market structure and characteristics present unique opportunities for active managers. Here, I’d like to go into detail about how those opportunities are being driven by the well-documented growth in China’s […]

(Hedgeweek) A majority of alternative fund administration firms – 74 per cent – expect consolidation in the alts fund admin space, according to the just-released eVestment Alternative Fund Administration 2018 survey. This is up dramatically from the 47 per cent […]

(Hedgeweek) Hedge fund returns were positive, led by CTAs, during the last week, mainly thanks to their long energy and bond positions, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article:

(Bloomberg) Bridgewater Associates, the hedge fund firm led by billionaire Ray Dalio, is outperforming peers this year even after losing money in April, according to a person with knowledge of the matter. The investment firm has gained about 4 percent […]

(Hedgeweek) New research by State Street Corporation reveals that more than half (60 per cent) of institutional investors surveyed plan to partly or fully outsource their data management over the next three years. To read this article:

(Bloomberg) Exclusive: Hedge fund Third Point seeks to launch ‘blank-check’ company. The new investment vehicle, referred to on Wall Street as a special purpose acquisition company (SPAC), would be the first of its kind to be raised by an activist […]

(Bloomberg) Tiger Global Management is purring all the way to the bank after Walmart Inc.’s Flipkart deal. The firm has made about $3 billion after investing $1 billion in Flipkart Group, according to a person familiar with the matter, who […]

(Bloomberg) After a three-week rally that erased the dollar’s 2018 losses, greenback bulls face a test Thursday in the latest read on U.S. inflation. Millennium Global Investments doesn’t expect them to be disappointed. That’s the view of Richard Benson, head […]

(Bloomberg) One of my biggest criticisms of the hedge-fund industry has been the mismatch between fund performance and management fees. A traditional fee structure of “2 and 20” (a 2 percent management fee plus 20 percent of any gains) is […]

(Bloomberg) Investors are failing to ask fund managers about sexual misconduct claims and discovering such evidence wouldn’t necessarily deter them from committing capital to firms, an industry group found. In its first survey focusing on #MeToo risk in the fund […]

(Harvest) Bond supply is plummeting, but so is demand. And rates are rising. Where are the silver linings? After its worst first-quarter in 22 years, the municipal bond market extended its losses in April, with yields continuing to climb. Market […]