Monthly Archives: September 2018

(Bloomberg) Millennium Management has shut down a quant hedge fund founded by two acclaimed physicists that suffered only one losing year since it began trading in the early 1990s. The closing of Prediction Company, which Millennium bought in 2013, came […]

(Bloomberg) The hedge fund veteran who predicted the peak of the emerging-market rally says a seven-month rout is almost over. Jordi Visser, chief investment officer at the $1.7 billion hedge fund Weiss Multi-Strategy Advisers in New York, said a turnaround […]

(Bloomberg) The conventional wisdom that big data will transform investing misses one nagging detail: working with giant data sets can be a hairy, time-consuming mess. Two Sigma, the quantitative hedge fund run by David Siegel and John Overdeck, is investing […]

(Bloomberg) Deutsche Bank AG’s hedge fund clients have had a front-row view of tumult this year, as the lender’s new leader unveiled another strategy, dramatically shrinking its U.S. prime brokerage. Now, the firm is trying to reassure some of its […]

(Citywire) Nuveen Asset Management chief economist and head of quantitative strategies Keith Hembre is to exit the firm at the end of October…..Hembre was most recently manager on the $487.2 Million Nuveen strategy allocation fund range, alongside Derek Bloom, until […]

(New York Times) The Justice Department has tried to crack down on traders who try to move markets by entering and quickly canceling orders, conduct that goes by the catchy moniker “spoofing.” But the government’s early prosecution of the crime […]

(Opalesque) Oberland Capital, a healthcare focused investment firm, has closed its second royalty and credit opportunities fund, Oberland Capital Healthcare II LP, at its hard cap of $800 million in capital commitments. Fund II will target investments between $20 million […]

(Bloomberg) India’s top hedge fund has raised its cash holdings to a record 65 percent of its assets as the rupee hit multiple lows amid a selloff sweeping developing nations. The Avendus Capital Alternate Strategies’ Absolute Return Fund, the nation’s […]

(Bloomberg) Kim Doo-yong is a fund manager who doesn’t care much about the trade war or turmoil in emerging markets, or even the slump in Korean shares this year. He just focuses on picking unloved stocks — and his hedge […]

(Financial News) Man GLG, the discretionary fund management arm of hedge fund giant Man Group, has acquired a top-performing bond fund, together with its management team, from Sanlam’s London operation. Craig Veysey, who is head of fixed income at Sanlam […]