Monthly Archives: September 2018
Performance in alternative assets: High returns, high expectations, hedge fund AUM at $3.58tn
(Opalesque) Preqin’s 2018 Performance Monitor finds that the industry’s long-term performance still outpaces most other asset classes. Preqin’s 2018 Alternative Assets Performance Monitor looks at the returns of the industry as well as within each asset class, and finds that […]
Paul Singer balks at $160 per share Athenahealth bid
(New York Post) Singer, while getting cold feet at $160 per share, could be mulling a bid at a lower price, sources said. At the same time, other suitors — including some strategic companies that had made initial inquiries — […]
Goldman MDs keep departing for hedge funds
(eFinancial) It’s happening again. Senior investment bankers at Goldman Sachs are leaving, before bonuses are paid, for hedge funds. At least two managing directors and one executive director have left Goldman this months…. To read this article:
Hedge Funds Wake Up to Old Market Maxim – Don’t Fight The Fed
(Reuters) Finally, the market looks to be buying into the Fed’s view on U.S. interest rates. And it’s a long time since that’s been the case.Hedge funds and speculators have swung sharply toward pricing in higher rates and yields at […]
Hedge fund assets increase 18.4% to $1.338 trillion
(Pensions and Investments) Hedge funds with an institutional orientation produced exceptionally strong net asset growth of 18.4% in the year ended June 30. Aggregate assets managed worldwide in single and multistrategy hedge funds by the 113 firms in Pensions & […]
China’s Stocks Drop to Lowest Level in Nearly Four Years
(Bloomberg) China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a $5 trillion bust. The Shanghai gauge dropped 1.1 percent to 2,651.79 […]
Hedge Fund Co-Investments
(Harvest) “Hedge fund co-investments are potentially attractive for allocators as they offer access to high-conviction ideas with lower fees and potentially enhanced returns. Our approach has been to establish a true partnership with our co-investors by identifying a series of […]
Into the Unknown: Positioning Portfolios for an Unpredictable World
(Harvest) From the US-China trade war to the ongoing Brexit negotiations, global investors are grappling with a wide array of unpredictable events. Yet with the right approach, equity portfolios can confidently cope with the next bout of market uncertainty.Equity investors […]
Citigroup and Affiliate Ordered to Pay More Than $12 Million in Disgorgement and Penalties
(HedgeCo.Net) Citigroup Global Markets Inc. allegedly misled users of a dark pool operated by one of its affiliates. The SEC’s order found that Citigroup misled users with assurances that high-frequency traders were not allowed to trade in Citi Match, a […]
More than half of institutional investors are still uncomfortable with quant strategies
(Hedgeweek) More than half of institutional investors are still uncomfortable with quantitative investment strategies, according to a new survey by global investment firm Cambridge Associates. To read this article:
bfinance survey finds institutional investors using new strategies and cutting costs
(Hedgeweek) A new survey of 485 investors with assets approaching USD8 trillion from investment consultants bfinance finds that investors are adding new strategies, investing more in private markets and cutting overall costs. To read this article:
SBAI makes APAC committee appointments
(Hedgeweek) The APAC Committee of the Standards Board for Alternative Investments (SBAI) has elected Ted Lee of Canada Pension Plan Investment Board (CPPIB) as its new Chairman, and Danny Yong of Dymon Asia Capital as Vice-Chairman, in line with the […]