Monthly Archives: June 2019
Crypto Investment Opportunities are Expanding
(Harvest) Crypto investors often get too caught up in ideologies, and as such, are potentially missing some of the greatest investments available. To read this article:
HFRI Fund Weighted Composite Index Index Fell -1.5% in May as Global Equities Post Steep Losses
(Opalesque) Hedge fund performance fell in May, posting the first monthly decline for 2019, as global equities suffered steep losses amidst ongoing trade negotiations and the inversion of the US yield curve, according to data released by HFR®. The HFRI […]
Connecticut Broker and Investment Adviser Convicted On 21 Counts of Fraud and Money Laundering
(HedgeCo.Net) A Connecticut man charged by the Securities and Exchange Commission with fraudulently persuading several customers to invest with him and then spending their money on his own living and business expenses was found guilty by a federal jury in […]
StatPro acquires ESG research and index business
(Hedgeweek) StatPro Group, an AIM-listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has acquired the environmental, social and governance (ESG) research and index business unit (ECPI) from ECPI Group for EUR2.9 million […]
A Watchdog Says Hedge-Fund Secrets Kept by the CFTC are Vulnerable to Hacking
(Bloomberg) Confidential market information collected from hedge funds and brokers by the main U.S. derivatives regulator is vulnerable to hacking because of the agency’s outdated computer systems, according to an internal watchdog. The Commodity Futures Trading Commission needs to correct […]
Jeff Talpins’s Element Disbands Group of Non-Core Managers
(Bloomberg) Jeff Talpins’s hedge fund Element Capital Management is dismissing seven portfolio managers as it refocuses on its main macro strategy, according to people familiar with the matter. The managers were part of a program the New York-based firm started […]
Updated List of Firms Using Inaccurate Information to Solicit Investors
(HedgeCo.Net) The Securities and Exchange Commission today announced that it updated its list of unregistered entities that use misleading information to solicit primarily non-U.S. investors, adding 11 soliciting entities, four impersonators of genuine firms, and nine bogus regulators. The SEC’s […]
Barings raises $943m for Barings Asset-Based Income Fund
(Opalesque) The $317bn global financial services firm Barings held the final close of its Barings Asset-Based Income Fund (BABIF), which raised $943m in commitments. “BABIF has raised $943m in commitments from existing and new institutional investors including public and private […]
Impact of the evolving relationship between investors and managers on fund structuring
(Opalesque) A combination of diminished returns across the hedge fund industry amid challenging market conditions for generating alpha and a continued and increased focus on performance has given rise to a shift away from more traditional hedge fund products to […]
Trium adds to Dublin Super ManCo team
(Hedgeweek) Trium has appointed Jamie Murphy as Head of Risk at Trium Ireland as part of the firm’s initiative to create a Dublin-based Super ManCo. To read this article:
Angel Oak Capital Advisors passes USD10bn in AUM
(Hedgeweek) Angel Oak Capital Advisors, an investment management firm specialising in value-driven alternative credit, has surpassed USD10 billion in assets under management across its platform of public funds, private funds and separately managed accounts. To read this article:
U.S. Supreme Court to hear Intel retirement fund dispute
(Reuters) – The U.S. Supreme Court on Monday agreed to hear Intel Corp’s bid to avoid a lawsuit accusing it of violating federal law in making employee retirement plan investments that cost beneficiaries hundreds of millions of dollars. To read […]