Monthly Archives: April 2018

(Bloomberg) Noble Group Ltd.’s dissident shareholder Goldilocks Investment Co. listed a raft of hedge funds and banks, including Goldman Sachs Group Inc. and Deutsche Bank AG, as defendants in its legal battle against the commodity trader, as the fund presses […]

(Bloomberg) It seemed like a sure-fire bet: short the debt of a highly leveraged newspaper company that’s losing money. And for a while, it worked as investors piled up almost $500 million of wagers by buying credit-default swaps on the […]

(Hedgeweek) Every fund manager knows that the risks of cyber attacks impacting the way they do business are exponentially rising. For some managers, knowing the proper approach to cybersecurity, within the limits of available resources and budget, can feel disorientating. […]

(Bloomberg) Pierre Andurand, one of oil’s most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $300 a barrel was “not impossible” within a few years. Andurand, who’s often espoused bullish views, […]

(Bloomberg) The price of investing is falling at a record rate. The average asset-weighted fee paid on U.S. mutual funds and exchange-traded funds declined by about 8 percent to 52 cents per $100 invested last year… To read this article:

(The Business Insider) Al-Naji’s passion for cryptocurrencies began with a bitcoin mining rig he built in his Princeton dorm…..Today, Nader Al-Naji is the CEO of Basis — a hot cryptocurrency startup, with grand ambitions to replace regular money. To Read […]

(Harvest) Currently, many pension funds, like the one in Houston, are scrambling to slightly lower return rates, issue debt, raise taxes or increase contribution limits to fill some of the gaping holes of underfunded liabilities in their plans. The hope […]

(Bloomberg) Columbia University’s $10 billion endowment has invested a third of its assets in hedge funds at a time when other large investors are chasing low-cost passive funds. To read this article:

(The Guardian) James Daunt, who has been Waterstones’ CEO since 2011 and who presided over an 80% jump in annual profits in the year to April 2017, will remain in his position following the sale, along with his “key leadership […]

(Reuters) Overseas investors are pumping billions of dollars into Chinese stocks and the country’s asset managers are rushing to launch index-tracking funds in a fervent build-up to China’s inclusion in MSCI’s widely tracked equity benchmarks. The race to get a […]

(Bloomberg) “Happy families are all alike; each unhappy family is unhappy in its own way,” was how Leo Tolstoy started his novel Anna Karenina. The three tribes that make up the asset management business are each suffering their own crisis […]