Monthly Archives: June 2019
SEC Seeks Emergency Relief to Halt Ponzi Scheme Run From College Fraternity House
(HedgeCo.Net) The Securities and Exchange Commission today announced an emergency action charging a recent college graduate with orchestrating a Ponzi scheme that targeted college students and young investors. The SEC is seeking an asset freeze and other emergency relief. The […]
Blackstone strikes the largest private real estate deal in history, buys Singapore-based GLP for $18.7bn
(Opalesque) The alternative investment manager Blackstone has struck the largest private real estate deal in history when it signed a deal to buy the US warehouses portfolio of Singapore-based GLP for $18.7bn, including debt. The transaction to acquire assets from […]
US outsourced CIOs eyeing alternative assets for diversification and improved returns
(Hedgeweek) Outsourced chief investment officer (OCIO) clients in the US are increasingly seeking alternative investments to diversify their portfolios and to obtain higher returns than those currently available from public investments. To read this article:
Artificial Intelligence to become a disruptive force in UK financial services sector
(Hedgeweek) An overwhelming majority (94 per cent) of UK-based financial services industry decision-makers believe that Artificial Intelligence (AI) has the most potential to revolutionise the sector over the next five years, considerably ahead of blockchain (53 per cent) and the […]
Hedge funds Raise Negative Sterling Bets as Trump wades into Brexit debate
(Reuters) – Hedge funds have stepped up their negative bets on sterling as U.S. President Donald Trump backed hardline British politicians Boris Johnson and Nigel Farage ahead of Britain’s planned withdrawal from the European Union. The current British premier Theresa […]
Hedge funds accelerate oil sales as economy worsens
(Reuters) – Hedge fund managers have stepped up their sales of crude oil and refined fuels amid growing concerns about the outlook for the world economy and oil consumption. To read this article:
Einhorn’s Greenlight Pares 2019 Surge With 1.4% Loss in May
(Bloomberg) Greenlight Capital, the hedge fund firm led by David Einhorn, fell 1.4% in May, paring a rebound from its worst year ever. Greenlight’s main fund, which plunged 34% in 2018, is now up 17% this year, according to an […]
Quant Hedge Fund Amplitude is Returning Client Cash After Outflows
(Bloomberg) Quantitative hedge fund Amplitude Capital AG, bruised by two years of losses in one of its main money pools, is returning client money after investor withdrawals sparked a plunge in assets, while Manuel Blanco, who previously managed money for […]
Insurance Linked Fund Investors To Benefit From New Valuation Initiative
(AlphaWeek) Alternative investment industry to push for change with regards to how fund managers can better value Insurance Linked funds To read this article:
HFRI China hedge fund Index up 16% YTD through April
(Opalesque) Chinese hedge funds have posted record gains into mid-2019, dominating the risk-on sentiment-fueled surge of Emerging Markets performance that has led the industry through mid-year, as reported with the release of the HFR Asian Hedge Fund Industry Report and […]
Radio Host Charged in Ticket Resale Investment Scheme
(HedgeCo.Net) A federal court judge has entered a final judgment against New York-based sports radio personality Craig Carton and five of his companies in an SEC case that charged Carton with operating a multi-million dollar fraudulent scheme involving purported purchases […]
Marathon Asset Management closes new aviation fund
(Hedgeweek) Credit investment manager Marathon Asset Management (Marathon) has closed its first fund solely dedicated to aviation leasing, the Marathon Aviation Fund (MAF). To read this article: