Monthly Archives: June 2017
Natixis Global AM Affiliate Mirova In Negotiations To Take Majority Stake In Althelia Ecosphere
(FINalternatives) The responsible investing affiliate of Natixis Global Asset Management, Mirova, has reportedly entered into discussions with impact investment manager Althelia Ecosphere regarding the acquisition of a majority equity interest in the firm. To read this article:
Winton Capital Management Preps Absolute Return Multi-Asset UCITS Strategy
(FINalternatives) London-based systematic investment manager Winton Capital Management is launching a new absolute return multi-asset futures fund that will be UCITS-compliant and aimed at UK investors. To read this article:
Investors Scramble to Keep Pace With New Market Outlook
(Bloomberg) For investors scrambling to keep pace with a hawkish shift in the world’s biggest central banks, the second half of 2017 just got a lot more interesting. Two weeks of rhetoric from policy makers in Europe and North America […]
Dyal Capital Partners Takes Minority Stake in Atalaya Capital Management
(FINalternatives) Dyal Capital Partners has entered into a primary transaction with Atalaya Capital Management that will see the Neuberger Berman unit become a passive, non-voting minority partner in the alternative private credit manager. Terms of the transaction were not disclosed, […]
Inside the Red-Hot Stock Fund That’s Turning Down New Money
(Bloomberg) Whether she’s sipping tea with Indian dairy farmers or interrogating company executives in a Hong Kong skyscraper, Elina Fung brings the same techniques to finding stock market winners. During multiple trips to central India — and many cups of […]
Meister’s Corvex Ups Stake In Energen, Ramps Up Pressure
(FINalternatives) Keith Meister’s activist hedge fund Corvex Management LP has raised its stake in oil and gas producer Energen to 7.6% and criticized the company’s decision to maintain the status quo following a review of strategic alternatives. In late May, […]
Iron Ore Gets a Break—But This Hedge Fund Says It’s Going Lower
(Bloomberg) Iron ore’s finally catching a break with a jump back into the $60s a ton. But don’t bank on the recovery lasting through to the year-end, according to Academia Capital, a commodities and emerging markets-focused hedge fund, which warns […]
Machine Learning’s Mediocre Gains
(Bloomberg) Hedge funds using vast amounts of data, computing power, and machine-learning techniques to make money are drawing investors’ attention. But their brief track records show they suffer the same shortcomings as their more traditional peers. The Eurekahedge AI Hedge […]
Millions of Dollars Allegedly Siphoned From EB-5 Immigrant Investor Program
(HedgeCo.Net) An Idaho man has agreed to pay back several million dollars he siphoned away for personal use rather than investing it as promised to create U.S. jobs through the EB-5 Immigrant Investor Program. The SEC alleges that Serofim Muroff […]
Fund Manager Trains Algos to Copy His Brain
(Bloomberg) Since he left his job as hedge-fund manager last year, Muhammed Yesilhark has spent his days teaching computers to pick stocks like he did in his 12-year career. By the end of the year, the former head of European […]
Waymark Tech Debuts AI-Assisted Tool To Spot Regulatory Crossovers
(FINalternatived) Regtech specialist Waymark Tech has launched a new tool that automatically identifies a company’s regulatory crossovers and conflicts between incoming regulations, such as MiFID II, GDPR, and PRIIPS. To read this article:
Hedge Fund Bosses Make the Case for Humans
(Bloomberg) Humans won’t be obsolete in this lifetime. That’s what a quartet of money managers have posited in recent weeks as new technologies rewire finance, threatening to supplant the industry’s rank and file. Winton, a $30.6 billion hedge fund that’s […]