(Harvest) Currently, many pension funds, like the one in Houston, are scrambling to slightly lower return rates, issue debt, raise taxes or increase contribution limits to fill some of the gaping holes of underfunded liabilities in their plans. The hope […]

(Bloomberg) Columbia University’s $10 billion endowment has invested a third of its assets in hedge funds at a time when other large investors are chasing low-cost passive funds. To read this article:

(The Guardian) James Daunt, who has been Waterstones’ CEO since 2011 and who presided over an 80% jump in annual profits in the year to April 2017, will remain in his position following the sale, along with his “key leadership […]

(Reuters) Overseas investors are pumping billions of dollars into Chinese stocks and the country’s asset managers are rushing to launch index-tracking funds in a fervent build-up to China’s inclusion in MSCI’s widely tracked equity benchmarks. The race to get a […]

(Bloomberg) “Happy families are all alike; each unhappy family is unhappy in its own way,” was how Leo Tolstoy started his novel Anna Karenina. The three tribes that make up the asset management business are each suffering their own crisis […]

(Reuters) The Bank of England is studying how funds and insurers could cope with sudden demands for cash to back trades without resorting to a destabilizing fire sale of assets, a senior BoE official said last week. Alex Brazier, the […]

(Bloomberg)When Dutch regulators accidentally revealed who was betting against local stocks last year, they didn’t just just expose George Soros and other short sellers’ secret trades. The stocks stopped underperforming, providing a case study for U.S. exchanges that argue shorts […]

(CNBC) A quant-trading firm backed by hedge fund billionaire Steve Cohen is rolling out data for professional money managers to develop new trading ideas. The firm, Quantopian, which invites scientists to share and sell licenses for their computer codes, planned […]

(Bloomberg) The decade-long feud between hedge fund billionaire Louis Bacon and Canadian fashion designer Peter Nygard over their neighboring properties in the Bahamas lives on. To read this article:

(Opalesque)Everybody in the hedge fund industry is talented, but we have to distinguish between me-too talent and differentiated talent, said Rick Doucette, CEO and CIO of Antecapio Investment Partners. He added that there has always been a lot of me-too […]

(Bloomberg) Bitcoin “is a screaming buy right now,” according to Dan Morehead, chief executive officer of $1 billion cryptocurrency hedge fund Pantera Capital Management LP. To read this article:

(Reuters) Deutsche Bank on Thursday announced cuts to its investment bank after posting a 79 percent drop in net profit in the first quarter. Deutsche Banks said it will scale back its bond and equities trading activities, including cuts to […]