Monthly Archives: September 2017
Employees at the World’s Largest Hedge Fund Use iPads to Rate Each Other’s Performance in Real-Time
(The Business Insider) At Bridgewater Associates, the world’s largest hedge fund, all 1,500 employees are constantly rating each other across more than 100 attributes on a 1-10 scale. In a newly released presentation from the TED 2017 conference in April, […]
The World’s Biggest Sovereign Wealth Fund Wants to Change Its Strategy — And the Effects Could Be Global
(CNBC) Norway is considering new proposals for its sovereign wealth fund that could hit Japan and a range of other countries…Norges Bank proposed restricting its fixed income and corporate bond investments exclusively to the euro, the U.S. dollar and the […]
Some Closed Funds Ready to Open for Business Again
(CNBC) Managers of actively run funds can’t seem to get a break these days, and that includes closed ones. With the rise of passive investing, their business model and sales pitch for active management have come under seemingly constant attack. […]
SmartX Announces the Addition of BlackRock, Morningstar Investment Management, Nasdaq Dorsey Wright HedgeCoVest is now SmartX Advisory Solutions
(HedgeCo.Net) SmartX Advisory Solutions, a leading technology firm formerly known as HedgeCoVest, today announced the addition of twenty-seven investment strategies to its managed accounts platform, including models offered by Blackrock, Morningstar Investment Management, and Nasdaq Dorsey Wright. The new investment […]
HFRX Global Hedge Fund Index Up +0.29% In August
(FINalternatives) Hedge funds continued their winning streak in August as global financial markets were broadly steady in the face of increasing geopolitical tensions, according to new data from Hedge Fund Research. To read this article:
Brevan’s U-Turn Gives Its Star Traders Chance to Run Funds Again
(Bloomberg) Brevan Howard Asset Management LLP is giving star traders their own funds again, aiming to stall an investor exodus as its flagship investment pool shrinks. Less than two years ago, one of the hedge-fund manager’s top executives said having […]
Marathon Petroleum Gains Elliott’s Support to Keep Speedway
(Reuters) U.S. refiner Marathon Petroleum Corp said on Tuesday it would keep its Speedway retail arm, a decision backed by activist investor Elliott Management, which had previously pushed the company to separate the business. Last November, Elliott, the $33 billion […]
Steve Cohen’s Comeback Begins
(Bloomberg) Officially, Steve Cohen is undecided about starting a hedge fund. Unofficially, he’s got marketers poised to sign up clients and take in money early next year. ShoreBridge Capital Partners, the company hired last year to gauge interest in such […]
Pimco Total Return Fund Snaps Four-Year Streak of Outflows
(Bloomberg) Pimco Total Return Fund, once the world’s largest mutual fund, got its first monthly inflow in more than four years as strong performance attracted investor cash. The fund saw preliminary net inflows of $348 million, not including reinvested dividends, […]
Are There Still Opportunities in Structured Credit Hedge Fund Strategies
(HedgeCo.Net) Hedge fund managers focused on structured credit strategies can be simplistically divided into two categories: beta managers or alpha generators. Many investors believe the beta opportunity born out of the financial crisis has substantially run its course. As such, […]
Nasdaq To Acquire eVestment For $705M
(FINalternatives) Nasdaq has agreed to acquire well-known alternative asset data and analytics provider eVestment as the company continues to expand beyond exchange operations and into data, content and technology capabilities. To read this article:
European Markets Higher Despite Lingering Korea Tensions
(CNBC) European markets were higher on Tuesday morning, as investors brushed off lingering geopolitical concerns and directed their attention to deal-making. The pan-European Stoxx 600 edged up by around 0.4 percent during early morning deals, with all sectors and major […]