(Hedgeweek) Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset Flows Report. But strong performance in the industry continues to boost overall industry assets under management (AUM), […]

(Reuters) – Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA (NESN.S) to Campbell Soup Co (CPB.N), has amassed a stake in Ray-Ban maker EssilorLuxottica SA (ESLX.PA), people familiar with the […]

(Reuters) – A deal in the works for BNP Paribas (BNPP.PA) to assume the prime brokerage operations of Deutsche Bank (DBKGn.DE) will allegedly involve the transfer of up to 800 people. Deutsche Bank said in July it had struck a […]

H.I.S. Withdraws from Battle for Unizo – Nikkei Business Reuters posted on Fri 23 Aug 2019 Permalink Print Japanese travel agency H.I.S. Co is withdrawing a bid for control of Unizo Holdings , Nikkei Business reported on Friday, throwing in […]

(Opalesque) Emerging Markets hedge funds posted industry-leading gains through mid-2019, navigating rising trade tariff tensions, the falling Chinese Renminbi, growing protests in Hong Kong, and interest rate cuts by the U.S. Federal Reserve and other central banks. Strong advances across […]

(Opalesque) Investment advisers, hedge and private fund managers and U.S.-resident entities should review whether they have any filing obligations under Treasury International Capital Benchmark Form SHL. Form SHL is a five-year benchmark filing requirement administered by the Federal Reserve Bank […]

(Opalesque) British financial services company, Legal & General has joined a group of 34 businesses working with the Organisation for Economic Co-operation and Development (OECD) on Business for Inclusive Growth (B4IG). The initiative was launched this morning by President Macron […]

(Opalesque) The Eurekahedge Hedge Fund Index was up 0.62% in July, bringing its year-to-date return to 6.48%. Roughly 30.8% of hedge fund managers in the index have recorded double-digit gains over the first seven months of the year. The global […]

(Bloomberg) Stocks in Asia advanced on low volumes along with U.S. equity futures and Treasury yields as investors awaited Federal Reserve Chair Jerome Powell’s address at the Jackson Hole summit. To read this article:

(Hedgeweek) Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset Flows Report. But strong performance in the industry continues to boost overall industry assets under management (AUM), […]

(Hedgeweek) The highly publicised trade war between the US and China has largely been scrutinised for its apparent, short-term impact on the US economy. The conversation has narrowly focused on falling GDP growth and specific sectors of the economy which […]

(Opalesque) Blackstone Group announced that it had hired Ram Jagannath, who was a partner at Navab Capital before the firm’s untimely closure. Ram had previously worked as a managing director for the Carlyle Group’s flagship buyout fund. Ram Jagannath, an […]