Monthly Archives: June 2018
The Bahamas Edges Closer To New Investment Funds Regulation
(Opalesque) By the end of this year, investment rules in the Bahamas could look a lot different. Delegates at the recent Opalesque Bahamas Roundtable noted that the government is looking at updates to the Commonwealth’s Investment Funds Act. Policymakers in […]
Hedge fund launches and liquidations decline as funds focus on trade and M&A
(Hedgeweek) Hedge fund launches exceeded liquidations in Q1 2018 for the third consecutive quarter, as both launches and liquidations fell through early 2018, according to the latest HFR Market Microstructure Report, released today by HFR To read this article:
Artivest and Altegris complete merger
(Hedgeweek) Artivest, a financial technology firm based in New York, and Altegris, an alternative investment manager based in San Diego, have successfully closed their previously announced merger. To read this article:
Hedge fund Tourbillon hires Berman as president
(Reuters) Hedge fund Tourbillon Capital Partners, which has made headlines with negative returns lately, hired former hedge fund manager Ross Berman as its president and chief strategy officer, a spokesman said on Wednesday. The New York-based firm is run by […]
A $39 Billion Swedish Investor Is Cutting Its Exposure to Hedge Funds
(Bloomberg) One of Sweden’s biggest pension funds has chosen to rely less on hedge funds after deciding the asset management form generally doesn’t justify the extra expense. After using hedge funds “for a long period,” AP3, which has 345 billion […]
Trump’s Tariff Pressure On China Forces Traders To Confront An Unpleasant Reality
(CNBC) Stocks have held up well this year, and analysts have been consistently raising earnings estimates for all quarters.The sectors most exposed to a global trade war and a stronger dollar are also those that are the biggest contributors to […]
Pantera Says Crypto Hedge Fund Underperformed Bitcoin Last Month
(Bloomberg) The digital-currency market has had a tumultuous year, and crypto hedge funds are feeling the pain. Pantera Capital’s Digital Asset Fund, which includes a number of virtual currencies, dropped 26 percent in May, Chief Executive Officer Dan Morehead said […]
Pershing Square Analyst Brian Welch To Leave Company
(Reuters) Willliam Ackman’s hedge fund Pershing Square Capital Management LP said on Tuesday that Brian Welch, who led research efforts on Automatic Data Processing Inc (ADP.O), one of the firm’s recent investments, was leaving the company. In 2017, Ackman waged […]
Bold Is Beautiful: ECB and Investment Takeaways
(Harvest) President Mario Draghi took a bold stance at the European Central Bank (ECB) press conference last Thursday. Not only did Draghi announce the timeframe for ending the asset purchase program in 2018, but he also provided forward guidance on […]
CTAs outperformed last week
(Hedgeweek) Hedge funds delivered positive performances last week, with CTAs outperforming, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article:
“Blockchain Evangelist” Behind Alleged Fraudulent Coin Offering Scheme
(HedgeCo.Net) An Emergency court order has halted an alleged ongoing fraud involving an initial coin offering (ICO) that raised as much as $21 million from investors in and outside the U.S. The court also approved an emergency asset freeze and […]
Investors keep adding to hedge funds:
(Opalesque) In the week ending 15 June, 2018, the SS&C GlobeOp’s Capital Movement Index for June 2018 rose 0.52%, reflecting positive net flows. The exclusive “$1bn club” of investors with holdings of over $1bn in hedge funds sees 47 entrants […]