Monthly Archives: November 2016
Singapore’s GIC Hires Big Data Expert in Quant Strategy Push
(Bloomberg) GIC Pte has hired a big data expert as it expands computer-driven investments through a quantitative group started earlier this year. The Singapore sovereign wealth fund appointed Michael Recce in the newly created role of chief data scientist last […]
Wall Street’s Boldest Calls and Predictions for 2017
(Reuters) Consensus views on politics, economics and finance were all turned on their head in 2016, leading investors looking ahead to 2017 to do so with more than a little anticipation and trepidation. In a similar vein, here’s a look […]
Omega’s Einhorn sees Trump’s policies boosting stocks
(Reuters) U.S. stocks are poised to climb more in 2017 as the policies of Republican President-elect Donald Trump are likely to boost earnings, according to Steven Einhorn, vice chairman of Hedge fund Omega Advisors. “The outlook for the equity market […]
Hedge Funds See Trump Victory as Positive for Returns
(Bloomberg) The holiday season may be merry for hedge funds. About 53 percent of fund managers see the U.S. election of Donald Trump as positive for performance over the rest of 2016. Only about one-tenth expect performance to suffer at […]
61 per cent of hedge funds report outflows in October
(HedgeWeek) Investors redeemed an estimated USD14.2 billion from hedge funds in October, bringing year-to-date outflows to USD77.0 billion, according to eVestment’s latest Hedge Fund Industry Asset Flows Report. The report reveals that the breadth of redemption pressure in October was […]
Credit Suisse Said Raising $2 Billion for Hedge Fund Stakes
(Bloomberg) Credit Suisse Group AG is courting investors to raise as much as $2 billion for a fund that will buy stakes in hedge-fund firms, according to two people with knowledge of the matter. The Zurich-based bank’s Anteil Capital Partners […]
Senfina PM Cueto Said to be Planning New Hedge Fund
(FinAlternatives) A portfolio manager on Blackstone’s Senfina Advisors platform is reportedly prepping a new independent hedge fund that will start in the first half of next year. To read this article:
SEC Approves Plan to Create Consolidated Audit Trail
(HedgeCo.Net) The Securities and Exchange Commission today voted to approve a national market system (NMS) plan to create a single, comprehensive database known as the consolidated audit trail (CAT) that will enable regulators to more efficiently and thoroughly track all […]
HFR: Performance Dispersion, Quant Demand Driving Compensation Shifts
(FinAlternatives) Wide dispersion in fund performance this year will translate to similarly large differences in the bonuses paid to hedge fund managers, according to a study of proprietary compensation and performance data from CompIQ and Hedge Fund Research as part […]
Investors to Trump: An even keel is your best course
(Reuters) Some top U.S. investors have some fast advice for President-elect Donald Trump: Be nice, be presidential, and give up Twitter. That is a quick taste of the answers to the following question posed to each of the attendees of […]
GoldenTree’s Tananbaum bullish on Puerto Rico bonds into 2017
(Reuters) Steven Tananbaum, chief investment officer and founding partner of roughly $24 billion asset manager GoldenTree Asset Management, says he was bullish on Puerto Rico general obligation (GO) and COFINA bonds, as well as Brazil and Argentina’s debt. Tananbaum said […]
SS&C GlobeOp: Forward Redemption Indicator Rises to 4.25%
(FinAlternatives) Despite persistently negative sentiment about the hedge fund industry in general, investor redemptions remained relatively constant in November and were actually down year-over-year, according to the latest reading of SS&C GlobeOp’s Forward Redemption Indicator. To read this article: