Monthly Archives: November 2016
Investing in Disruptive Innovation
(Daily ALts) Strategic Investor Radio Charley Wright In this episode of Strategic Investor Radio, host Charley Wright interviews Cathie Wood. Ms. Wood is the CEO and CIO of ARK Invest, which is headquartered in New York City. She has more […]
Firm and Partner Charged With Issuing Fraudulent Audit Reports
(HedgeCO.Net) The Securities and Exchange Commission today announced that a New York-based audit firm and a senior partner agreed to settle charges that they issued fraudulent audit reports in connection with municipal bond offerings by the town of Ramapo, N.Y., […]
Hedge Fund Clients Dump Humans for Computers and Still Lose
(Bloomberg) Losses at Leda Braga’s computer-driven hedge fund this year are running at about twice the level suffered by a macro fund run by billionaire Alan Howard. Yet, while Braga has raised money, investors have pulled billions of dollars from […]
Preqin: European Private Debt Fundraising Down Sharply in 2016 YTD
(FinAlternatives) The blistering pace of fundraising for private debt funds over the past several years may be slowing, according to recent data from Preqin showing a sharp fall in European private debt activity so far this year. To read this […]
Goldman Sachs Asset Management Launches ETF Based on Hedge Fund VIP Index
(FinAlternatives) Goldman Sachs Asset Management has launched a new exchange-traded fund designed to track the company’s well-known Hedge Fund VIP Index of stocks that appear most frequently among the top ten positions of hedge funds. To read this article:
eVestment Forms Alliance To Improve Private Market Due Diligence
(FinAlternatives) Alternative industry data provider eVestment has launched a new consortium of leading investment consultants aimed at establishing standards for reporting private equity fund performance data. To read this article:
Utilizing a European volatility index for Pan-European volatility
(Harvest) In past articles, I’ve discussed the negative correlation between the VSTOXX® Volatility index and the EURO STOXX 50® Index and how the volatility index tends to rally when equities decline (downside volatility). To read this article:
Goldman Sachs, Paulson settle fraud lawsuit over Abacus
(Reuters) Goldman Sachs Group Inc (GS.N) has settled a 2011 lawsuit claiming the investment bank fraudulently induced a bond insurer to guarantee payments on the doomed Abacus collateralized debt obligation ahead of the financial crisis. ACA Financial Guaranty Corp claimed […]
Activists Take Aim at Singapore’s ‘Buy, Pray, Hope’ Model
(Bloomberg) Activist investors, having targeted companies in Japan and South Korea in recent years, have discovered a new playground in Asia. In Singapore, where activist investing was virtually unheard of until now, two companies have found themselves in the crosshairs […]
Ex-BlackRock manager pleads guilty to insider trading
(HITC Business) Mark Lyttleton, a former high-profile BlackRock portfolio manager, pleaded guilty to two counts of insider trading in a London court…..Insider dealing carries a maximum prison term of seven years in the U.K.. To read this article:
A shake-out in fund management ‘will set trillions of dollars in motion’
(The Business Insider) The North American asset management industry is on the brink of a “once-in-a-generation” shift. That’s according to a new report out by McKinsey on Wednesday..,Certain segments of active management are “facing an existential crisis….” To read this […]
Hedge Fund Clients Dump Humans for Computers and Still Lose
(Bloomberg) Losses at Leda Braga’s computer-driven hedge fund this year are running at about twice the level suffered by a macro fund run by billionaire Alan Howard. Yet, while Braga has raised money, investors have pulled billions of dollars from […]