Category Archives: Syndicated

PineBridge Investments makes Ahern Global CFO

(Opalesque) PineBridge Investments, a private global asset manager, today announced the appointment of Tracie E. Ahern as Chief Financial Officer. Ms. Ahern will join the firm’s management committee and will be responsible for further developing and refining the firm’s financial […]

Long/ Short Equity Hedge Funds Are Back To Winning

(Valuewalk) Investors may finally be coming around when it comes to hedge funds, and it’s easy to see why. The Eurekahedge Hedge Fund Index climbed 0.89% in February. Although preliminary figures for the month suggest that investor outflows exceeded performance-driven […]

Ignoring Brexit Is Paying Off for This $5.6 Billion Quant Fund

(Bloomberg) There’s a Swedish hedge fund that’s decided to ignore Brexit and bet on the pound in a move it hopes will help it keep outperforming its peers…. To read this article:

FCA Fines Goldman Sachs $44.7 billion for Reporting Failures

(aiCIO) The UK’s Financial Conduct Authority (FCA) has fined Goldman Sachs International ($44.7 billion) for failing to provide accurate and timely reporting relating to hundreds of millions of transaction reports over the course of nearly a decade. The FCA said […]

New hedge fund study shows funds placing premium on strong start

(Hedgeweek)Hedge funds established in 2018 undertook concerted efforts to launch their enterprises on a stable foundation, including raising minimum investment levels significantly over prior years, according to The Seward & Kissel 2018 New Hedge Fund Study, an annual analysis of […]

HF A Long-Lost Asia Hedge Fund Hub Is Emerging From the Shadows

(Bloomberg) It’s more of a trickle than a flood, but the hedge-fund crowd is slowly returning to Japan.In Tokyo, a city relegated to the status of hedge-fund backwater over the past decade as managers opted for Hong Kong and Singapore, […]

Trend-Following Quants Taste Comeback Powered by Bonds Mania

(Bloomberg) Quants surfing the momentum of assets around the world have caught the bullish wave powering government bonds in a tentative reprieve for the besieged $355 billion industry. Trend followers, or commodity trading advisers, have posted their best quarter since […]

PG&E Is Near a Deal With Hedge Funds on CEO, Board Overhaul

(Bloomberg) PG&E Corp., the bankrupt California power giant facing $30 billion in wildfire liabilities, is nearing a deal with a group of investors that includes naming Bill Johnson as chief executive officer and overhauling its board, according to people familiar […]

Hedge Fund’s Route to 30% Fees: Cash Advances to Hip-Hop Artists

(Bloomberg) Stephen Marley comes from music royalty. Sean Garrett has written and produced smash hits for Beyoncé, Usher and Ciara….Even so, when they and hundreds of lesser-known names in the world of hip-hop and rap needed cash, one Wall Street […]

Family Office EPIQ Capital Group Names Boris Albul CIO

(Opalesque) EPIQ Capital Group, a private multi-family office, today announced that Boris Albul has joined as Chief Investment Officer (CIO). With nearly 20 years of experience, Dr. Albul will lead macroeconomic research, investment analysis, portfolio construction and risk management for […]

Yale Grad Accused of Running Hedge Fund Scam While in School

(Bloomberg) This is one college side hustle a recent Yale grad might be regretting. Omar Zaki, 21, ran a hedge fund while enrolled at the Ivy League university, saying his firm relied on an algorithm that had produced eye-popping returns […]

Funds cover CBOT shorts but retreat on heavy USDA data

(Reuters) – Speculators began to cover massive short positions in Chicago-traded grains and oilseed futures last week, but they were sent back to their bearish ways with weighty supply numbers from the U.S. government. To read this article: