Monthly Archives: November 2019
You Can’t Just Call Loans Options
(Bloomberg) A pretty ordinary way for a hedge fund to invest is that it borrows money from a bank and uses that money, along with the fund’s own equity, to buy stuff. If the stuff goes up the hedge fund […]
Court Sentences Florida Resident to Prison and Orders Payment of Over $3 Million in Market Manipulation Scheme
(HedgeCo.Net) The U.S. District Court for the District of Massachusetts has sentenced St. Petersburg, Florida resident Gregory M. Bercowy in a criminal action brought by the United States Attorney for the District of Massachusetts in February 2019 charging securities fraud. […]
Changing investor appetites force alt asset managers to change tack in pursuit of growth
(Hedgeweek) With more investors increasing allocations to private equity and other alternative asset classes, largely at the expense of traditional hedge fund offerings, alternative fund managers are examining their strategic priorities and focusing on how to develop products and prepare […]
SS&C GlobeOp Hedge Fund Performance Index up 1.15 per cent in October
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2019 measured 1.15 per cent. To read this article:
Leading the way with integrated solutions
(Hedgeweek) As the pace of change accelerates, operational excellence, customisation and innovation becomes critical. In view of this, Horseshoe is focused on growing its brand in the fund administration industry by launching services to help clients streamline their processes and […]
Hedge Funds Gain in October, but Managed Futures Funds Drag
(Opalesque) The global hedge fund industry saw an average return of +0.55% in October, bringing year to data (YTD) average industry returns to +7.09%, according to the just-released October 2019 eVestment hedge fund performance data. Managed Futures funds, which saw […]
Hedge Funds and Private Equity Hang On Despite Headwinds
(Opalesque) A new report from Cayman law firm Walkers shows that hedge funds are hanging on despite continuing headwinds.New hedge fund launch data compiled by Walkers shows that equity and credit hedge funds continue to have a strong volume of […]
Context Capital Partners Rearranges Senior Leadership
(Opalesque) Context Capital Partners, a leading alternative specialist firm with holdings and operating companies in various sectors of the alternatives space, announced today key changes to their leadership. Eric Noll is being appointed Chief Executive Officer of Context Capital Partners, […]
Association for Digital Asset Markets Releases a Code Of Conduct
(Opalesque) Today, the Association for Digital Asset Markets (ADAM) published its Code of Conduct to promote integrity, fairness, and efficiency in digital asset markets. All ADAM members plan to sign the Code in early 2020 and adhere to its principles, […]
Final Judgments Entered Against Broker and Two Principals Found Liable for Fraud
(HedgeCo.Net) The United States District Court for the Southern District of New York has entered final judgments ordering over $1.6 million in monetary relief against broker-dealer Portfolio Advisors Alliance (PAA), its owner, Howard J. Allen, and its President, Kerri L. […]
SEC Wins Jury Trial in Layering, Manipulative Trading Case
(HedgeCo.Net) Jurors in New York federal court have returned a verdict in the Securities and Exchange Commission’s favor against a trading firm and two individuals for their roles in an unlawful trading scheme that generated more than $25 million in […]
Hedge funds gain in October, but managed futures slow overall returns
(Hedgeweek) The global hedge fund industry saw an average return of +0.55 per cent in October, bringing year to data (YTD) average industry returns to +7.09 per cent, according to the October 2019 eVestment hedge fund performance data. To read […]
