Monthly Archives: July 2016

(Bloomberg) Deutsche Bank AG said second-quarter revenue dropped at its prime finance unit, extending a slump beyond businesses that Germany’s largest lender is seeking to exit as client concerns added to volatile markets. The prime finance division, which caters to […]

(The Korea Herald) Smaller and new hedge funds are making headway in South Korea, rising to rival those operated by large financial companies. According to industry sources, Anda Asset Management has attracted 288.3 billion won (US$254.41 million) over the past […]

(Fin Alternatives) Hedge funds continued to gain ground last week, according to the latest data from Lyxor Asset Management’s Weekly Brief, as all strategies save CTAs benefitted from the stabilization of market conditions. To read this article:

(Reuters) British hedge fund manager Man Group (EMG.L) on Tuesday posted a 3 percent fall in funds under management in the first half of the year as investment losses and other market moves more than offset a small rise in […]

(Bloomberg) Ten miles south of downtown Atlanta, in an anonymous business center overlooking the airport, sits the headquarters of what, on paper, is a hedge-fund powerhouse. The numbers coming out of the part-time office at One Hartsfield Centre are remarkable: […]

(Reuters) Hedge funds have been liquidating their former record bullish position in crude futures and options putting downward pressure on oil prices in recent weeks. But now the liquidation of old long positions is being replaced by the establishment of […]

(Harvest) The overriding theme in “what keeps me up at night” this week surrounds geopolitical risk and the risk of uncertainty. The world is a riskier place both because of actual events and well known events that like clarity on […]

(New York Times) Two years ago, the Federal Reserve faced a predicament: One of its New York employees had leaked confidential government information to a banker at Goldman Sachs….But the Fed is now preparing an enforcement action of its own […]

(CNBC) Swiss private bank Julius Baer said on Monday its assets under management rose 4 percent to 311 billion Swiss francs ($315 billion) in the first six months of 2016. Switzerland’s third-largest listed bank posted net new money of 3.7 […]

(Bloomberg) Richard Scarinci, a managing director for Blackstone Group LP, joined Partners Capital, which manages $17 billion for endowments, foundations and others. Scarinci, 34, a co-portfolio manager in Blackstone’s hedge fund solutions group, was named a partner and will manage […]

(Reuters) Activist hedge fund Marcato Capital Management said on Monday it had acquired a 5.1 percent stake in casual restaurant chain Buffalo Wild Wings, sending the company’s share price up as much as 4.5 percent. In a filing with the […]