Monthly Archives: July 2017

Emerging Hedge Funds Outperform Established Peers

(FINalternatives) Emerging hedge funds outperform their more established peers in their first three years, according to new research from Preqin, booking consistently higher returns than the industry at large. The new research examines the industry’s newest entrants in two ways; […]

Natixis Asset Management Completes Landmark Blockchain-Based Fund Transaction

(FINalternatives) Natixis Asset Management has reportedly become the first asset manager to utilize a blockchain-powered platform to distribute fund shares to investors that purchased them, a landmark accomplishment as distributed ledger technology works its way into the back office of […]

Former Xstrata CEO Davis Is Said to Back Commodity Hedge Fund

(Bloomberg) The former head of mining company Xstrata has backed a new industrial commodity-focused hedge fund. Mick Davis, who left Xstrata in 2013 after more than a decade at the firm, was one of the early investors in Commodity Asset […]

Highland Capital to Buy, Expand Argentina Fund

(Reuters) Dallas-based Highland Capital Management LP is set to buy and expand an Argentina-focused hedge fund previously managed by Argentine fund firm MBA Asset Management, according to a person familiar with the situation. The fund currently has assets under management […]

North Korea Nuclear Missile Risk Causes Obscure Trade by Hedge Funds to Surge

(CNBC) Typical safe-haven trends showed little sign of fear Wednesday after North Korea’s first intercontinental ballistic missile test. But some hedge funds bought protection against a South Korean default. To read this article:

Traders Desert Nasdaq’s Power Market for Better Deals With Banks

(Bloomberg) Since the 1990s, Norwegian metals refiner Elkem as routinely tapped the world’s oldest power exchange in search of the best deals on the electricity supplies it needed to run five plants that make materials for everything from iPhones to […]

How Quant Funds Work

(Harvest) The first investors to take advantage of computers to process data and make investments were ‘quant funds’ that continue today to be successful at scale. The tools at their disposal were statistics and linear models – limited by the […]

2017 Mid Year Asset Class Scoreboard

(Harvest) June was mostly a slow month for most of the asset classes. In the stock market, there was a blip of movement (one day down 1.5%), but in this relentless bull market, it felt like a 10% correction. Still, […]

Hedge Fund Man Group Said to Shut Quant Incubator After a Year

(Bloomberg) Man Group Plc has shut a quantitative trading unit after deciding to focus on other strategies, according to a person with knowledge of the matter. The “quantitative incubating” unit, part of Man Group’s $18.8 billion AHL division, was opened […]

Emerging Hedge Funds Outperform Established Peers

(FINalternatives) Emerging hedge funds outperform their more established peers in their first three years, according to new research from Preqin, booking consistently higher returns than the industry at large and with volatility roughly on par with the rest of the […]

H.I.G. WhiteHorse Raises $1.1B For New Direct Lending Funds

(FINalternatives) H.I.G. WhiteHorse, the direct lending affiliate of global private equity company H.I.G. Capital, has raised $1.1 billion in aggregate commitments for a pair of new loan funds that will focus on tailored senior secured financing solutions for lower middle-market […]

US Government Seeks to Intervene in Apple’s EU Tax Appeal

(Reuters) The U.S. government has sought to intervene in Apple’s (AAPL.O) appeal against an EU order to pay back up to 13 billion euros ($14.8 billion) in Irish taxes, a source familiar with the matter said on Tuesday. iPhone maker […]