Monthly Archives: November 2017

(New York Times) The JPMorgan Chase CEO Jamie Dimon, has called Bitcoin a fraud and made it clear that he will not allow his bank to begin trading the virtual currency any time soon. But that has not stopped a […]

(HITC) Billionaire Cliff Asness downplayed the potential of machine learning and artificial intelligence to revolutionize investing. “I’m a little bearish on the whole thing,” Asness said at the 2nd Annual Evidence-Based Investing conference in New York on Thursday. “Machine learning […]

(Opalesque) In the week ending 03 November, 2017, reports said that artificial intelligence is transforming financial services across customer support, research and sales and trading. 75% of banks and financial services companies will be leveraging artificial intelligence in their businesses […]

(Harvest) In an unexpected move, the government of India has announced a $32 billion plan to recapitalize the country’s sour-loan laden public sector banks, its biggest step so far in addressing a lingering problem that has weighed on domestic loan […]

(Harvest) CNBC’s Brian Sullivan interviewed some of Janus Henderson’s top investment experts in an exclusive live panel on October 9. In the excerpt below, watch Myron Scholes and George Maris share their outlook on what the VIX may not be […]

(Harvest) Combining bonds with other equity-risk-mitigation strategies may be more efficient than any single approach. With stocks hitting record highs, many investors want to mitigate the largest source of risk in their portfolios – equities. In recent decades, fixed income […]

(FINalternatives) Hedge funds continued to advance in October supported by rising global financial markets, a surging U.S. dollar and recovering energy markets, according to an update from Hedge Fund Research. To read this article:

(FINalternatives) New York-based life sciences private equity company Aisling Capital has raised $280 million capital commitments for its latest fund to focus on bringing breakthrough medical treatments to market. To read this article:

(FINalternatives) Multi-manager private equity vehicles are increasingly turning to new avenues to attract capital, according to new research from Preqin, including a greater focus on emerging managers and greater use of alternative investment methods like secondaries and co-investments. To read […]

(Reuters) Billionaire hedge fund manager William Ackman faces a crucial shareholder vote on Tuesday that will decide his months-long battle with Automatic Data Processing Inc to get three seats on the payroll company’s board. The result could affect not just […]

(Hedgeweek) Billionaire Mario Gabelli, the founder of the Gabelli Asset Management Company Investors (GAMCO Investors), is backing New York-based hedge fund management firm Gondor Capital Management by investing in its domestic hedge fund Gondor Partners LP. Gabelli’s assistant Betsy Dunn […]