(Opalesque) 2019 has been a rough year for hedge funds. Everything from market volatility to geopolitical headwinds is making it hard for managers to outperform. A new fund – Century Analytics AB – has launched this month and will rely […]

(Opalesque) The number of Americans who own cryptocurrencies has almost doubled in 2019 from 7.95% in 2018 to 14.4%, an increase of 81% in one year, according to a new survey by Finder.That means roughly 36.5 million Americans own some […]

(Reuters) Jonathon Jacobson picked stocks for three decades. He spent the 1990s at Harvard University’s endowment, making winning bets on and against companies. Then he built a hedge fund, Highfields Capital Management, which made a mint in 2001 betting against […]

(Reuters) – Gold was unchanged on Monday, after climbing nearly 1% in the previous session, as trade tensions between the United States and China eased, while a strong dollar also capped gains. To read this article:

(Reuters) – Credit card and loyalty programs firm Alliance Data Systems Corp (ADS.N) said a board member representing ValueAct Capital has stepped down, removing one conflict of interest which could have prevented it gaining a board seat at Citigroup Inc […]

(Opalesque) Investors redeemed at estimated $12.11 billion from the global hedge fund industry in September 2019, bringing year to date (YTD) flows to -$76.86 billion, according to the just-released September 2019 eVestment Hedge Fund Asset Flows Report. The total Q3 […]

(Opalesque) Deal volume and value in asset and wealth management (AWM) eased during the third quarter after an unprecedented first half of 2019, said PWC. Still, deal activity is on track to set an annual record during 2019. Three forces […]

(Opalesque) Despite acknowledging the opportunities that companies founded by women and multicultural entrepreneurs present, a majority (60%) of the venture capitalists (VCs) surveyed by Morgan Stanley say that their portfolios hold too few of these companies. To read this article:

(CNBC) Star stock picker and longtime money manager Jeffrey Vinik explained Thursday that he’s shuttering his hedge fund because would-be investors balked at his investment strategy, a reluctance that ultimately capped how much his relaunched firm was able to raise. […]

(Reuters) A senior Blackstone Group (BX.N) executive who oversaw special situations investments at the private equity giant’s hedge fund unit Blackstone Alternative Asset Management, has left the firm, two people familiar with the matter said. To read this article:

(Reuters) Asset managers in Britain face tougher checks on how they hold companies and other assets they invest in to account, and must for the first time consider environmental, social and governance factors like climate change. To read this article:

(Opalesque) The fundraising market for private debt remains crowded at the start of Q4, with 417 private debt funds seeking an aggregate $177bn in capital, said Preqin. To read this article: