Monthly Archives: November 2018
Walkers Survey: 2018 Was A Positive Year For New Fund Launches
(Opalesque) Bailey McCann, Opalesque New York: Despite bumpy performance, 2018 has still been a generally positive year for alternatives according to a recent survey from Cayman law firm Walkers. The annual report on trends in the alternative investment industry shows […]
Study Reveals Professional Investor Behavior When Winning Vs. Losing
(HedgeCo.Net) Essentia Analytics (Essentia), a leading provider of behavioral data analytics and consulting for professional investors, today made available in-depth analysis of how active equity portfolio managers (PMs) behave when experiencing a Winning or Losing Streak and the impact any […]
Man Group’s McCloskey Says Not Every Hedge Fund Deserves 2 and 20
(Bloomberg) Michelle McCloskey, president of Americas at Man Group, examines how hedge funds dealt with market volatility in the selloff, looks forward to the latest 13F filings expected this week, and discusses hedge funds’ fee structure. She speaks on “Bloomberg […]
Court Orders Wife of Accused Ponzi Schemer to Pay Millions of Dollars
(HedgeCo.Net) The Securities and Exchange Commission charged Joseph Meli in January 2017 with fraud for running a Ponzi scheme. The SEC alleged that Joseph Meli raised money from investors to fund businesses purportedly created to purchase and resell tickets to […]
CFTC charges former Deutsche Bank trader with fraudulently mis-marking swaps
(Hedgeweek) The Commodity Futures Trading Commission (CFTC) has filed and settled charges against Jacob Bourne, a former managing director of Deutsche Bank Securities Inc, for fraudulently mis-marking swap valuations to conceal significant trading losses. To read this article:
Time for asset managers to get serious about settlement
(Hedgeweek) – “Not my problem gov” has long been the response from the major investment managers when it comes to settling transactions. In fairness, why should a BlackRock or Fidelity really care? After all, most of the time their brokers […]
BCS GM and Tigress Financial Partners team up to offer proprietary US equity research and analytics to clients
(Hedgeweek) BCS Global Markets (BCS GM) has partnered with Tigress Financial Partners LLC, to provide proprietary US equity market research to its clients, as part of their recently-announced strategic partnership. To read this article:
Hedge funds caught short when Brexit talks surprise
(Reuters) – British Brexit minister Dominic Raab’s “thumbs up” after a cabinet meeting on talks with the European Union was all sterling needed to jump nearly half a percent last Tuesday. To read this article:
Hedge funds enforce correction to oil market’s course:
(Reuters) – Hedge funds have sold the equivalent of almost half a billion barrels of crude oil and refined products in the last six weeks, as worries about slowing demand replaced earlier concern over sanctions on Iran. To read this […]
Hedge Fund Up 16% This Year Bet on Luxury Appetite Falling
(Bloomberg) In a month when hedge funds globally registered their biggest drop in seven years, waning Chinese demand for luxury goods helped one Asian firm beat the odds. Optimas Capital Ltd. profited on bets that European luxury-goods companies would suffer […]
Veritas Capital, Elliott Clinch $5.5bn Acquisition of Athenahealth
(Reuters) Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire U.S. healthcare software maker Athenahealth Inc for $5.5 billion in cash, people familiar with the matter said on Sunday. Athenahealth, whose cloud-based service is used […]
Secondary market becomes hotbed of activity
(Pension & Investments) The secondary market in alternative investment funds is sizzling, as institutional investors and managers attempt to clean up their portfolios before the next economic downturn. Not only are investors selling alternative investment limited partnership interests on the […]