Category Archives: Syndicated
OMERS names Blake Hutcheson its new CEO
(Opalesque) Ontario Municipal Employees Retirement System (OMERS) announced the appointment of Blake Hutcheson as its new CEO effective June 1, 2020. Hutcheson is currently President and Chief Pension Officer, and will succeed Michael Latimer, who is retiring after two decades […]
FundRock names Simon Gunson as UK managing director
(Opalesque) FundRock Group has appointed Simon Gunson as managing director of its UK entity, FundRock Partners. Gunson has 25 years of financial services experience and knowledge of the European funds market and the funds services business. Simon has worked in […]
Villains or visionaries? Hedge funds short companies they say ‘greenwash’
(Reuters) – Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity. To read this article:
Elliott May Sell Altran Shares if Capgemini Sweetens Bid
(Reuters) Activist hedge fund Elliott would sell its shares in French Altran if software consultancy Capgemini increased its bid for Altran to 18 euros from 14 euros per share, a source familiar with the situation told Reuters To read this […]
Hedge Fund Praesidium to Oppose Instructure Sale to Thoma Bravo
(Reuters) Praesidium Investment Management said on Thursday it will vote against Instructure Inc’s (INST.N) plan to sell itself to private equity firm Thoma Bravo, becoming the second big investor to speak out against the proposed $2 billion deal. “Due to […]
Asia-Pacific Investors Withdrew a Total $19.2bn From Hedge Funds for First Nine Months in 2019
(Opalesque) In a period of significant political unrest in Asia-Pacific – investors withdrew a total $19.2bn from hedge funds in Q1-Q3 2019, said Preqin said. Singapore-based Swiss-Asia Financial Services has generated the highest cumulative net return of 314.69% YTD (as […]
US reaches a phase one trade deal with China in principle pending Trump’s approval
(CNBC) The Trump administration has reached a phase one trade deal with China in principle, pending approval from President Donald Trump, three sources close to talks told CNBC on Thursday. Trump met with top advisors on Thursday about trade with […]
State Street Survey points to a bright future for both digital assets and semi-transparent ETFs in the US
(Hedgeweek) As part of a wide ranging 2020 industry trend outlook, a survey of US asset managers and asset owners conducted by State Street Corporation predicts continued prevalence of digital assets as well as a bigger role in the industry […]
Oil prices hit highest in 3 months as US-China trade deal takes shape
(CNBC) Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand […]
Hedge fund Praesidium to oppose Instructure sale to Thoma Bravo
(Reuters) – Praesidium Investment Management said on Thursday it will vote against Instructure Inc’s (INST.N) plan to sell itself to private equity firm Thoma Bravo, becoming the second big investor to speak out against the proposed $2 billion deal. To […]
Study reveals what institutional investors are actually paying
(Opalesque) A study uncovered what investors are actually paying versus managers’ published fee schedules along with a reflection on 2018 fee trends across various asset classes and mandate sizes in active and passive management. The Institutional investment consulting firm Callan’s […]
Citadel hires Tripp Kyle as chief corporate affairs officer
C(Reuters) – Citadel has hired Tripp Kyle to lead the $32 billion investment firm’s public relations effort as its chief corporate affairs and communications officer.Kyle, a communications industry veteran, joins Citadel from Millennium Management where he had been the hedge […]