Category Archives: Syndicated
Investment education is key says CAIA head
(Hedgeweek) Founded in 2002, the Chartered Alternative Investment Analyst Association (CAIA) has gone from strength to strength in the alternative investment education arena. William Kelly (pictured), CAIA CEO, joined in 2014 and declares that, while it’s been an interesting run, […]
Aspect Capital launches new systematic global macro fund
(Hedgeweek) Aspect Capital (Aspect), a USD7.3 billion systematic investment manager, has launched a UCITS fund to provide investors with access to the Aspect Systematic Global> To read this article:
Brexit’s Big Short and Insider Trading (Podcast)
(Bloomberg) On this week’s edition of Bloomberg Finance, John Tucker and Katia Porzecanski in for Peggy Collins, speak with Bloomberg reporters about the finance news of the week including Daniel Sundheim’s $4 billion fund raise, hedge funds and Brexit polling […]
Sorrell Wins Support From Hedge Fund Owner Odey in Comeback Plan
(Bloomberg) Martin Sorrell has won financial backing from Crispin Odey, an influential London investor, for his new venture after leaving the world’s largest advertising company.“People have made a lot of money with Martin and he doesn’t look like a man […]
Loeb’s Third Point Urges Nestle to Split into Three Units
(Reuters) Billionaire investor Daniel Loeb on Sunday urged Nestle to split itself into three divisions, telling the Swiss group’s board that it needs to be “sharper,” “bolder,” and “faster” in overhauling the company. Loeb, whose hedge fund Third Point has […]
Ex-Cantor Fitzgerald Traders Used Commission-Splitting Scheme
(New York Post) Two former stock traders at Cantor Fitzgerald cooked up a secret commission-splitting scheme over more than a decade in order to get around internal controls and line their pockets, according to a lawsuit filed by federal regulators […]
Huge Equity Funds Outflow Has Awkward Echoes of 1998 Asian Crisis
(Financial Times) Increasing concern about the effect of a possible trade war between the US and China has forced investors in equity funds to head for the exits. Investors pulled $29.7bn from equity funds in the week ended June 27, […]
Einhorn Deepens Slide as Greenlight Plunges 19% in First Half
(Bloomberg) David Einhorn’s main hedge fund at Greenlight Capital fell 7.7 percent in June, bringing losses for the first half of this year to almost 19 percent, according to a client update seen by Bloomberg. His value-investing strategy fell well […]
One of Hottest Hedge Funds in Korea Returns 14% as Stocks Slide
(Bloomberg) A hedge fund firm is causing a stir among investors in South Korea, delivering strong returns even as the stock market declines and attracting a flood of money. Timefolio Asset Management has gained almost 14 percent this year in […]
North Wall Capital Expands Investment Team
(Opalesque) North Wall Capital, an alternative investment firm focused on providing flexible private capital to UK and European businesses, announced today the addition of two new Principals to the investment team. Simon Latimer has joined North Wall Capital from Fortress […]
Launches: Hedge Fund Launches Exceed Liquidations For Third, Consecutive Quarter
(Opalesque) Singapore-based UOB Asset Management (UOBAM) has launched a new fund targeted at retail investors in the city state seeking to diversify into alternative investments such as private equity and hedge funds. The new United Asia Pacific Diversified Strategies Fund […]
Credit Suisse Cuts Senior Banker Jobs in Hedge Fund Unit
(Bloomberg) Credit Suisse Group AG has been reorganizing its prime brokerage unit, cutting some jobs while hiring selectively. This week, the Swiss bank pruned another seven positions from the New York desk that caters to hedge funds, according to a […]