Monthly Archives: September 2016
Family Offices Back Away From Hedge Funds After Returns Decline
Bloomberg Family offices, which manage the money of wealthy clans, are growing wary of hedge funds. Offices reduced their exposure to hedge funds, which have mostly underperformed stock markets since the financial crisis, by 10 percent in the 12 months […]
Surge In Passive Strategies Will Be Boon – Hedge Fund Executive Okada
(Reuters) Money moving from hedge funds and other active investment managers to low-cost passive strategies will ultimately be a boon for professional money managers, according to Mark Okada, co-founder of Highland Capital Management. “All of this chasing of beta and […]
Ex-Guggenheim Hedge Fund Deimos Asset Management to Close
(Pension & Investments) Deimos Asset Management, the multistrategy hedge fund that was previously housed within Guggenheim Partners, is closing its doors less than two years after its inception, citing a difficult fundraising environment. “Despite our many successes — including minimal […]
SEC Whistleblower Program Surpasses $100 Million in Awards
(HedgeCo.Net) The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million. The whistleblower program was established by Congress to incentivize whistleblowers with specific, timely and credible […]
This Hedge Fund Made 2,100% From World’s Most Extreme Market Mania
(Bloomberg) Plenty of professional investors like to tout their talent for turning volatility into opportunity. Few have managed to deliver on that promise as well as Wang Bing. With deft timing and the magnifying power of leverage, the 37-year-old trader […]
Will Hedge Funds Help or Hurt During the Next Market Correction?
(Fin Alternatives) Most investors have become accustomed to quick rebounds when markets correct, but as pointed out by Agecroft Partners’ Don Steinbrugge, asset allocation decisions should always consider the potential tail risk in portfolios, and how hedge funds have the […]
Family Offices Back Away From Hedge Funds After Returns Decline
(Bloomberg) Family offices, which manage the money of wealthy clans, are growing wary of hedge funds. Offices reduced their exposure to hedge funds, which have mostly underperformed stock markets since the financial crisis, by 10 percent in the 12 months […]
Swander Pace Raises $510M for Oversubscribed Sixth Fund
(Fin Alternatives) Consumer products private equity specialist Swander Pace Capital has raised $510 million in committed capital for its sixth fund. To read this article:
The Summer Ups and Downs of Managed Futures
(Harvest) The summer was a positive performance period for managed futures, yet it was still filled with return up and downs. We have identified periods of more than 2% gains and losses on the AMPHI Liquid Alt Index, an equal […]
MainStay Hires Ken Bossen for ETFs With Hedge Fund Approach
(Bloomberg) New York Life Insurance Co.’s MainStay Investments hired Ken Bossen to help build the exchange-traded fund operation that seeks to mimic hedge fund strategies. Bossen joined as director of ETF business development at the institutional intermediary division and will […]
SEC Charges CEO and Paid Promoter With Fraudulently Promoting Stock of Las Vegas Health Products Company
(HedgeCo.Net) The Securities and Exchange Commission today charged the CEO of a sexual health products retailer and a paid promoter with orchestrating fraudulent promotional campaigns to tout the company’s stock. The SEC alleges that Scott S. Fraser, who also was […]
HFRU Composite Up 0.34% in August as UCITS Outperform
(Fin Alternatives) The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, solidly outperformed their hedge fund brethren in August with a 0.34% gain, according to an update from Hedge Fund Research. To read this article: