(Reuters) The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington’s demands for structural economic reforms from Beijing that will make it difficult to reach a deal before a March 2 […]

(Opalesque) Commonfund, a $24.8 billion asset manager for endowments, foundations, and pensions, has cut back its allocations to hedge funds citing a desire to preserve liquidity as managers struggle to take advantage of market moves. In its recent outlook letter, […]

(Opalesque) Litigation funder Validity Finance has made a notable addition to its growing investment team with the arrival of portfolio counsel William C. Marra in New York. The firm also announced a prominent addition to its governance structure, with Allen […]

(Opalesque) Lazard Asset Management today announced that Jennifer Anderson and Nikita Singhal have joined the firm as Co-Heads of Sustainable Investment and ESG (environmental, social and governance). Anderson and Singhal are based in London and New York, respectively. “Our investment […]

(Bloomberg) Ray Dalio’s Bridgewater Associates and Jim Simons’ Renaissance Technologies beat their rivals in a tough year for hedge funds in 2018, making a combined $13 billion for their investors. The profits accounted for more than half the money generated […]

(New York Post) So you want to protect your retirees’ pensions? That could get you into trouble with the state of Delaware.Elliott Management — reeling from the surprise rejection of a $10 billion takeover offer for aluminum giant Arconic earlier […]

(Opalesque) A total of 5,106 private equity-backed buyout deals were announced through 2018, an all-time record, building on the previous record of 4,829 seen in 2017, said a latest report by Preqin. According to Preqin Insights the total value of […]

(Asia Asset Management)The global hedge fund industry registered the worst performance in ten years in 2018 with 59% of funds posting negative returns as turbulent markets exacted a toll, according to London-based data provider Preqin. The Preqin All-Strategies Hedge Fund […]

(Reuters) Hedge fund managers stepped up their purchases of oil and refined products last week on growing hopes of a U.S.-China trade truce and that the global economy will avoid a severe slowdown in 2019. To read this article:

(Bloomberg) An ex-Nomura Holdings Inc. trader has started a hedge fund focused on emerging-market corporate bonds at a money manager backed by Tencent Holdings Ltd. Desmond How, who headed a proprietary trading desk covering credit products at Nomura, launched the […]

(Hedgeweek) Many Alternative UCITS funds did not have a happy 2018, with only one in six funds able to post positive results for the year, and assets under management in the total space declined with slightly less than 8 per […]

(Bloomberg) A hedge fund analyst sent to jail for stealing confidential trading strategies from a London firm was “relieved” to be deported back to China after spending four-and-a-half years behind bars, his lawyer said. Ke Xu was convicted in 2015 […]