Monthly Archives: August 2019

(Chicago Business) Chicago titan Citadel just keeps growing. The rest of the city’s hedge fund industry, not so much. As investors sour on hedge funds, Chicago players are caught in the $3.2 trillion industry’s consolidation that favors megafirms. To read […]

(Bloomberg) Equity hedge funds are enjoying their strongest performance since 2009 — with the S&P 500 index up 16% this year — but Goldman Sachs Group Inc. warns that crowding is a risk. To read this article:

(Reuters) Norway’s $1-trillion-plus sovereign wealth fund, the world’s largest, may seek to shift the balance of its investments between Europe, the Americas and Asia, a senior official said on Wednesday. North American equity markets have grown faster than European ones […]

(Bloomberg) Sometimes it takes a crisis to bring out your best. True in politics and marriage, and also, according to a new study, in active fund management. University of Manchester researchers Xinyu Cui and Olga Kolokolova found that during times […]

(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for August 2019 measured 3.41 per cent, up from 2.69 per cent in July. To read this article:

(Hedgeweek) Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint). To read this article:

(Reuters) – The U.S. Securities and Exchange Commission on Wednesday issued new guidance that aims to clarify how investors and advisory firms that cast ballots on their behalf should vote in corporate elections on issues like pay and diversity. To […]

(Bloomberg) Picton Mahoney Asset Management is the “most defensive” in a decade as the $5.5 billion Canadian hedge fund bets on a looming sell-off in credit. To read this article:

(Reuters) Japan’s Ichigo Asset Management disclosed a 5.56% stake in hotel chain Unizo Holdings Co Ltd (3258.T) on Tuesday, days after a SoftBank Group (9984.T) firm swooped in with a $1.3 billion ‘white knight’ bid that investors see going higher. […]

(CNBC) A top-performing hedge fund is more than doubling its bet on gold and is ruling the industry with a nearly 30% return this year on its long positions. Sandler Capital Management, with $2.1 billion in regulatory assets under management, […]

(Reuters) – Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a “shallow recession” potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates all the way down to zero. […]