Monthly Archives: June 2017
Hedge-Fund Growth and Tax Arbitrage
(Bloomberg) Everyone knows the stereotypical way that hedge funds work: You start a little hedge fund, raise a little money, and go invest it in your best ideas. Those ideas do well and you have good returns. You then market […]
Themes, Trends and Opportunities in Emerging Markets
(Harvest) Michael Hedstrom, director of the Closed-End Fund Association (CEFA), spoke with Rennie McConnochie, head of global banks at Aberdeen Asset Management, to discuss his insight on the many changes taking place in the emerging markets, and potential opportunities for […]
Hedging without Shorting
(HedgeCo.Net) In this article DITMo manager and HedgeCo columnist Peter J. de Marigny discusses how risk metrics fail and how a Pharmaceutical and/or a Risk Parity portfolio may be used as a hedging vehicle. In a bull market hedged portfolios […]
Brokerage Firm Charged With Violating Anti-Money Laundering Laws
(HedgeCO.Net) The Securities and Exchange Commission has charged a Salt Lake City-based brokerage firm with securities law violations related to its alleged practice of clearing transactions for microcap stocks that were used in manipulative schemes to harm investors. To help […]
US House of Representatives Votes to Defang Dodd-Frank
(FINalternatives) In a largely symbolic move, the U.S. House of Representatives voted on Thursday to reverse key portions of the Dodd-Frank Wall Street Reform And Consumer Protection Act, delivering on one of the Republican Party’s core platform promises during last […]
Goldman Sachs Asset Management Launches New Smart Beta Bond ETF
(FINalternatives) Goldman Sachs Asset Management (GSAM) has debuted a new exchange-traded fund aimed at delivering low-cost smart beta exposure to corporate bond markets. To read this article:
New York, Illinois Pension Funds Say Hedge Funds Fees Too High
(Bloomberg) The Illinois State Board of Investment has cut $1 billion of hedge funds from its portfolio. The New York State Common Retirement Fund has reduced its allocation to the strategy to 3 percent. One of the reasons? The fees […]
Hedge-Fund Bet on Banco Popular Collapse Yields Maximum Gain
(Bloomberg) It’s the sort of event hedge funds were made for.Banco Popular Espanol SA’s takeover by Banco Santander SA for a token 1 euro wiped out the troubled lender’s stock and meant that, for the hedge funds betting against the […]
Formula Growth Said to Launch New US Equity Hedge Fund
(FINalternatives) Alternative investment manager Formula Growth is prepping a new hedge fund that will focus on small and medium-sized U.S. stocks.The new fund will be domiciled in the Cayman Islands, according to a Bloomberg article, and will aim to mirror […]
Quant Fund dormouse Loses -1.44% In May; Down -4.12% YTD
(FINalternatives) Dr. Martin Coward’s quantitative investment manager dormouse slipped again in May, its fourth negative monthly result in the last six, as systematic CTAs retraced some of the broad advances made in April. To read this article:
Eurekahedge/AIMA Japan Survey: Investments In Regulatory Compliance Rising
(FINalternatives) Regulatory compliance now accounts for up to 10% of the total expenses for Japanese fund managers and institutional investors, according to a new joint survey by Eurekahedge and the Japanese branch of the Alternative Investment Management Association (AIMA), while […]
Is the Canadian Hedge Fund Market Ready to Take Off?
(Wealth Professional) Canada often drifts into the shade cast by its juggernaut neighbour south of the border. The hedge fund market is a good example of this. While the U.S. is viewed as a world leader in the space, Canadian […]