Monthly Archives: November 2019
KKR closes latest flagship European buyout fund at $6.5bn
(Opalesque) US private equity firm Kohlberg Kravis Roberts has raised its biggest-ever European fund – the €5.8bn ($6.5bn) European Fund V. The US buyout group has already committed 28 percent of the €5.8bn fund to deals, before closing the fundraising […]
Hedge funds buy oil in anticipation of short-covering rally:
(Reuters) Hedge funds have started to become more optimistic about the outlook for oil prices amid hopes that the United States and China will reach a trade truce and the global economy will avert recession in 2019/20. To read this […]
Gold demand rises as investors grow nervous
(Reuters) – A slew of investment in gold-backed exchange traded funds (ETFs) offset a decline in purchases of jewellery, bars and coins to push global gold demand slightly higher in the third quarter, the World Gold Council (WGC) said on […]
ETFs That Echo Hedge Funds Are Set to Double Assets, Report Says
(Bloomberg) A relatively new category of exchange-traded fund is poised to hit it big, according to Greenwich Associates. Institutional investment in so-called liquid alternative ETFs — including products that seek to mirror hedge funds — will more than double to […]
Jim Simons Achieved the Dream of Not Managing His Hedge Fund
(Bloomberg) It is a strange and upsetting fact about investing that probably the best investor ever does not seem to be particularly interested in investing. Like, Warren Buffett, good investor, probably a top-5 investor, and the guy basically wakes up […]
Uber Puts the Brakes on Growth at Any Cost
(Bloomberg) Uber Technologies Inc. seems to have decided to stop chasing stupid growth. This is exactly what investors wanted, yet the company’s latest results, announced on Monday, show how far Uber has to go to be sustainable and rational. In […]
The Green Short: Funds Target Laggards in Sustainable Shift
(Bloomberg) A new breed of environmentally conscious investor is starting to bet against losers in the race to save the planet. From boutique money managers to French behemoth BNP Paribas SA, financial firms are setting up sustainability-focused mutual funds that […]
CFTC Charges Companies and Associates with Failing to Register with the CFTC
CFTC Charges Companies and Associates with Failing to Register with the CFTC (HedgeCO.Net) The U.S. Commodity Futures Trading Commission has issued an order filing and settling charges against Silver Star FX, LLC d/b/a Silver Star Live (SSL) of New Mexico […]
SEC Proposes to Modernize the Advertising and Cash Solicitation Rules for Investment Advisers
(HedgeCO.Net) The Securities and Exchange Commission has announced that it has voted to propose amendments to modernize the rules under the Investment Advisers Act addressing investment adviser advertisements and payments to solicitors. The proposed amendments are intended to update these […]
Equity trading to only get bloodier in Europe after Macquarie exit
(Reuters) – Macquarie Group’s (MQG.AX) sudden exit from European and U.S. equity trading may just be the start of a large-scale retreat from the once-thriving business, as all but the biggest global banks struggle to make it pay. To read […]
ZEDRA to acquire LJ Fiduciary
(Hedgeweek) ZEDRA Group, a specialist in Trust, Corporate and Fund Services has acquired LJ Fiduciary, from investment firm Alvarium. LJ Fiduciary will be rebranded and merged into the existing ZEDRA network. The deal is subject to local regulatory approval. To […]
US fund house Brown Advisory launches Global Leaders Sustainable Fund
(Opalesque) The $76 billion, employee-owned investment firm Brown Advisory has launched the Global Leaders Sustainable fund under its Dublin-UCITS umbrella. The new UCITS Fund adds environmental, social and governance (ESG) screens to Brown Advisory’s top quartile performing Global Leaders Strategy. […]
