Monthly Archives: August 2018

(Opalesque) Investor interest in ESG is driving change in Luxembourg, according to delegates at the latest Opalesque Luxembourg Roundtable. Delegates say investors are already asking for enhanced disclosures that address ESG issues – a trend which is only likely to […]

(Hedgeweek) The Eurekahedge Hedge Fund Index gained 0.41 per cent during the month of July, kicking off the second half of the year on a positive note, despite trailing behind the MSCI AC World Index (Local) which rallied 2.59 per […]

(Reuters) – A hedge fund owned by the chief executive of Sears Holdings Corp (SHLD.O), Edward Lampert, has offered to buy the company’s Kenmore appliances brand for $400 million in cash, Sears said in a regulatory filing on Tuesday. To […]

(Reuters) – Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday. To read […]

(Bloomberg) Spotify Technology SA, the music-streaming company that’s gained 47 percent since its April debut, attracted a number of prominent hedge funds in the second quarter. Philippe Laffont’s Coatue Management, George Soros’s Soros Fund Management and Louis Bacon’s Moore Capital […]

(Bloomberg) Billionaire hedge-fund manager Ray Dalio kept his faith in the two biggest exchange-traded funds backed by gold, even as an investor exodus sent prices of the metal tumbling. As of June 30, Dalio’s Bridgewater Associates maintained its 3.9 million […]

(Bloomberg) Dozens of hedge funds investing billions of dollars in cryptocurrencies don’t know if they’re calculating their taxes correctly, which may be a problem now that U.S. authorities have said they’re going to be scrutinizing virtual currencies. Just like individual […]

(Bloomberg) Elon Musk said he’s getting advice from Goldman Sachs Group Inc. and private-equity firm Silver Lake on taking Tesla Inc. private, as the billionaire drip feeds details of a potential deal valued at more than $70 billion. In a […]

(Opalesque) In the week ending 10 August, 2018, a Credit Suisse survey showed that investors are coming back to hedge funds after a rough few years. Callan’s sixth annual survey has found that 43% of U.S. asset owners have incorporated […]

(Opalesque) Los Angeles-based Arca Funds has launched with the goal of helping to institutionalize digital tokens and cryptocurrencies. Arca Funds is the work of Steven McClurg, a director at Guggenheim Partners; Rayne Steinberg, co-founder of Wisdom Tree and Jeff Dorman, […]