Monthly Archives: June 2016

(FinAlternatives) Hedge funds were up in May but underperformed world market benchmarks, according to a flash update from Eurekahedge, while nearly half of the managers in the company’s universe remain in the red for the year. To read this article:

(FinAlternatives) Investors have amassed their largest cash pile since 2001 and cut equity holdings to a four-year low, according to a new survey by Bank of America Merrill Lynch. Worries over a Brexit and policymakers’ ability to bolster a fragile […]

(Reuters) The world’s biggest banks including Citi and Goldman Sachs will draft in senior traders to work through the night following Britain’s referendum on EU membership, set to be among the most volatile 24 hours for markets in a quarter […]

(Harvest) Hedge funds don’t get a lot of love these days. They’ve underperformed for years, and their fees — the standard is 2% of assets and 20% of profits — make them pariahs in the age of indexing and low-cost […]

(Valuewalk.com) Owen Li, a New York hedge fund manager, founded Canarsie Capital and lost nearly all the $57 million he had under management within weeks. He was expected to serve five years, as reported here on March 29th but the […]

(Reuters) U.S. hedge fund Platinum Partners is returning the majority of its assets to clients following the arrest of a longtime associate on allegations he orchestrated a $60,000 cash bribe to secure an investment from a New York city union. […]

(Reuters) Prashant Kolluri, a former executive at Investcorp and Sterling Ridge Capital Management, said on Tuesday he has joined investment firm Quest Partners LLC as president.Kolluri will work to boost the assets of Quest, a manager of quantitative hedge funds […]

(Bloomberg) The University of Michigan plans to invest $126 million in four funds, including one that focuses on private, mid-sized companies in the Nordic region and another that bets on Latin American agribusinesses. The school, with a $10 billion endowment […]

(MarketWatch) Microsoft Chief Executive Satya Nadella, appears to be following Microsoft’s tradition of overpaying for acquisitions in purchase of LinkedIn. Microsoft Corp. has a dismal history of overpaying for huge acquisitions that don’t work out, and Chief Executive Satya Nadella’s […]

(Daily Alts) Are Hedge Funds Superior to Liquid Alts?Alternative mutual funds have several advantages over hedge funds that employ the same strategies: They’re more liquid, they’re more transparent, and they have lower fees. For retail investors that fall short of […]