Monthly Archives: June 2016

(Fin Alternatives) Hedge funds gained ground for the third consecutive month in May, according to new data from SS&C GlobeOp’s Hedge Fund Performance Index. The measure returned 1.26% during the month, following 1.19% in April and 0.90% in March. It […]

(Fin Alternatives) The hedge fund industry has booked its longest stretch of positive performance in a year with a gain in May, according to new research from industry data provider Preqin. Preqin’s aggregate hedge fund industry performance benchmark returned 0.93% […]

(Reuters) U.S. telecommunications rivals Verizon Communications and AT&T are set to go through to the third and final round of bidding in the auction for Yahoo’s core internet assets, according to people familiar with the matter. After holding a board […]

(Zacks) Chinese e-commerce juggernaut Alibaba Group Holding Limited’s BABA affiliate Ant Financial has reportedly invested in Shanghai Suntime Information Technology Co., a financial data provider. Though there hasn’t been any official announcement, media reports indicate that the deal is worth […]

(Bloomberg) The former UBS Group AG trader’s hedge fund reckons the larger economy will cope better in its search for new drivers of growth than New Zealand, which is threatened by falling dairy prices. Aussie is set to recover to […]

(Yahoo Finance) For decades, the US dollar has held the title as the world’s de facto reserve currency, providing significant benefits for the American economy. But the dollar would likely lose value during a Trump presidency, says Bremmer. Given Trump’s […]

(Reuters) – UK-based Aon Plc’s human resources and consulting services unit Aon Hewitt hired Alison Trusty as hedge fund researcher in its liquid alternatives manager research team, the company said. In her new role, Trusty will be responsible for sourcing, […]

(Bloomberg) Blackstone Group LP, the world’s largest private equity manager, expects this month to finish raising the biggest buyout pool yet designed to mimic the long-term, buy-and-hold strategy of Warren Buffett. New York-based Blackstone expects to garner about $5 billion […]

(The Business Insider) The billionaire investor and founder of Icahn Enterprises decided on Thursday to dredge up one of his old feuds. He told CNBC that Pershing Square’s Bill Ackman was “dead wrong” in his short position in Herbalife, a […]

(Reuters) Financial markets, particularly equities, may be under-pricing the risk of Britain leaving the European Union, the world’s largest asset manager said on Thursday, two weeks before Britons vote in a referendum on EU membership. Owen Murfin, co-lead manager for […]

(Hedgetracker.com) The top Mid-Sized Hedge Funds now oversee a combined $65.8 billion in assets, according to Hedge Tracker’s most recent rankings. This quarter’s list is led by Aravt Global, Lumina Fund Management and Fine Capital Partners. Notably, twenty-one hedge funds […]