Monthly Archives: September 2016
EY Considers Top 10 Drivers Impacting Wealth Management
(Daily ALts) EY Global Wealth & Asset Management has published a white paper highlighting the top 10 drivers impacting global wealth and asset management. Those drivers, listed below, will be disruptive and bring change – they represent threats to … […]
Are We on the Verge of a Hedge Fund Renaissance?
(Daily Alts) Hedge-fund-renaissanceHedge funds have generally lagged long-only exposure to the U.S. stock market the past several years, and this has led to unhappy hedge-fund investors and increasing redemption pressure on hedge-fund managers. But according to Willis Towers Watson, which […]
Asset Managers Prioritising process automation and regulatory reporting
(HedgeWeek) Asset management professionals continue to prioritise back-office automation and managing increased regulatory reporting, according to the 2016 Asset Management Industry Trends Survey by Confluence. » To read this article:
Lyxor: Hedge Fund Index Gains 0.4% on Central Bank Stance
(Fin Alternatives) Hedge funds got a helping hand from accommodative global central banks in the week through September 20, 2016, according to the latest edition of Lyxor Asset Management’s Weekly Brief. To read this article:
Brevan Howard Asset Management Cuts Management Fees
(Fin Alternatives) Macro hedge fund Brevan Howard, one of Europe’s largest alternative investment managers, will reportedly lower the fees it charges on its flagship Master and Multi-Strategy funds. To read this article:
A 28-year-old raised $75 million for his new hedge fund
(Business Insider) Jamie Sterne has raised $75 million for his new hedge fund. No big deal, you might think. There are hundreds of hedge fund launches every year. Except Jamie Sterne is just 28 years old. Sterne launched Skye Global […]
World’s Top Performing Hedge Fund is Shorting Big Dividends
(Chicago Tribune) AAM Absolute Return Fund, which according to HSBC Holdings was the world’s best performing hedge fund in 2015, is betting on declines for energy companies that “even short term will struggle to uphold dividends.” To read this article:
Pension Funds Benefit From Bank Stress Tests
(Harvest) Institutional investors are exploiting the illiquid credit space vacated by banks facing stricter regulation and ongoing stress tests, according to global professional services company Towers Watson (NASDAQ: TW). The company’s clients have allocated over $7 billion to illiquid credit […]
Texas and Chicago top the Central Hedge Fund List, $9.3B in gains drive regional Momentum
(Hedgetracker.com) The rankings for the Top Central U.S. Hedge Funds have been released, revealing that the top 50 hedge funds oversee a combined $125 billion in equity assets, having seen their assets increase by 1.8% quarter-over-quarter. Driving the region’s positive […]
Executives Charged With Microcap Fraud
(Hedgeco.NET) The Securities and Exchange Commission today charged three company executives with defrauding investors in a purported project to construct the largest movie studio in North America at a suburban location outside Savannah, Georgia. The SEC alleges that Manu Kumaran, […]
BofAML: Investors Pull $7.4B From Equity Funds, Largest Outflow in 12 Weeks
(Fin Alternative) Global investors pulled $7.4 billion from equity funds in the week through September 21, the largest outflow in around three months amid uncertainty over U.S. and Japanese monetary policy, Bank of America Merrill Lynch said Friday. To read […]
Hedge Funds Misread Fed With Bullish Dollar Bets at 7-Month High
(Bloomberg) Hedge funds and other large speculators raised bullish dollar wagers to a seven-month high before the Federal Reserve scaled back the outlook for rate increases in 2017 at last week’s policy meeting. Wagers for the dollar to gain against […]