Monthly Archives: June 2017

(Harvest) This trend goes back to a point I made a few weeks ago but that needs to be repeated again and again . When the market obscures distinctions between good stocks and bad stocks because it buys all of […]

(FINalternatives) Former Visium Asset Management portfolio manager Stefan Lumiere was sentenced in Manhattan federal court Wednesday to a year and a half in prison after being found guilty earlier this year on securities fraud charges. The sentence, handed down by […]

(FINalternatives) Almost all leading hedge fund strategies posted positive returns in May, according to new data from Preqin, as the industry recorded seventh consecutive month of gains. To read this article:

(Hedgeweek) Hedge funds posted their fifth consecutive month of gains this year, up 0.31 per cent during the month of May, according to the latest Index Flash Update from EurekaHedge. On a year-to-date basis, managers gained 3.25 per cent while […]

(Bloomberg) Graticule Asset Management Asia, the $4.8 billion hedge fund led by Adam Levinson, parted ways with at least five employees in May including longtime money manager Gerard Gwee, according to people familiar with the matter. The Singapore-based hedge fund […]

(The Business Insider) Robert Greifeld, the former CEO of Nasdaq, will become chairman of the board of Virtu Financial, a high-frequency trading firm, after it completes its $1.4 billion takeover of rival KCG Holdings. To read this article:

(Harvest) On the surface, passive municipal ladders seem like a sensible investment. Simple. Easy. Cheap. But the numbers don’t lie. Since 2009, the average active municipal bond manager has beaten passively managed municipal ladders in 97% of two-year rolling periods. […]

(FINalternatives) Hedge fund performance stumbled slightly in May, according to new data from fund administrator SS&C GlobeOp, while the company’s asset flow indicator advanced sharply. To read this article:

(FINalternatives) J.P. Morgan Asset Management has hired private credit veterans Brad Demong and Leander Christofides as co-chief investment officers of a new global special situations group within its J.P. Morgan Global Alternatives business. To read this article:

(FINalternatives) Liquid alternative mutual fund specialist Catalyst Funds has announced the acquisition of the Exceed Defined Shield Fund and will rebrand it as the Catalyst Exceed Defined Shield Fund, symbol SHIIX. To read this article:

(Cay Compass) Hedge funds overall returned 0.31 percent in May, the fifth consecutive growth month this year. At the same time, the average hedge fund trailed the equity market performance of MSCI Work Index, which was up 1.09 percent during […]