Monthly Archives: September 2016
Family Office Direct Investing: The $100 Million-Dollar Rule of Thumb
(Harvest) The turbulence of public markets pushes family offices to deepen their portfolios in the private markets, where risk-adjusted returns are higher and volatility is lower. Diversifying into alternatives provides a non-correlated buffer against public exposures and a welcome respite […]
Why you want to work for a quant hedge fund in the U.S. now
(eFinancial Careers) The computers are taking over hedge funds. While most hedge funds have struggled with redemptions this year and others face existential questions about their business models, quant hedge funds have emerged as the leaders of the pack. While […]
August: A quiet month for markets and hedge fund strategies alike
(Opalesque) Opalesque Industry Update – August was characterized by muted volumes and volatility across most asset classes. The MSCI World index gained 0.1%, while the Barclays US Aggregate Bond Index declined by 0.1%. GAM portfolio manager Anthony Lawler commented: “There […]
Lessons from a Trading Great: Bruce Kovner
(Harvest) Bruce Kovner retired in 2011 from Caxton Associates, the hedge fund he founded and ran for 28 years. Over that time the fund returned an average of 21 percent a year since its inception. In comparison, the SPX averaged […]
Hedge Fund, PE Allocations Drive Super Fees
(Financial Standard) Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation fund […]
Tribeca to Compete With Overseas Hedge Funds
(Financial Standard) Tribeca Investment Partners has launched a Cayman vehicle for its Global Natural Resources Fund to meet international investor demand. The fund, a global long-short natural resources strategy, primarily focuses on large cap equities but invests in other classes […]
Asia-Focused Investor Indus Capital Changes Top Ranks
(Reuters) David Kowitz has stepped back from his role leading Asia-focused hedge fund firm Indus Capital Partners, according to a recent public disclosure. The $5.7 billion New York-based fund noted in a U.S. Securities and Exchange Commission filing on Aug. […]
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 […]
Hedge Funds Ignore Wall Street Wisdom Buying Up S&P 500 Futures
(Bloomberg) Warnings embedded in strategist price targets and historically low U.S. stock volatility are doing little or nothing to dissuade hedge funds….. To read this article:
Hedge Fund Billionaire Bill Ackman Spots Value In Chipotle’s Beaten Down Stock
(Forbes) Bill Ackman and Chipotle Mexican Grill CMG +1.39% have a lot in common. After all, both have suffered a bruising 12-month stretch in which their futures came into serious question and many investors remain skeptical about a comeback. Ackman’s […]
SEC Charges Alabama Attorney and His Companies in Purported Waste-To-Energy Ventures
(HedgeCo.Net) The Securities and Exchange Commission today charged Alabama attorney Donald Watkins and companies he controls with defrauding professional athletes and other investors out of millions of dollars, much of which he spent on his girlfriend and to cover personal […]
The New Short: Find Industries Exposed to Exotic Hacking Attacks
(Bloomberg) A new way to bet against stocks is born. A few hours after Carson Block announced last Thursday that he was shorting St. Jude Medical Inc. stock over hacking risks to the company’s pacemakers and defibrillators, the e-mails started […]