Monthly Archives: May 2018
Credit fund managers turn to opportunities in distressed debt
(Hedgeweek) Intensifying market competition in an increasingly crowded space is the top concern among credit fund managers, according to new research from global law firm Ropes & Gray. To read this article:
Moore Alumni’s New Macro Hedge Fund Said to Get HS Group Backing
(Bloomberg) Soloda Investment Advisors, a hedge fund being started by former Moore Capital Management senior portfolio manager Hassim Dhoda, is being given $100 million in seed capital from strategic investor HS Group, according to a person with knowledge of the […]
HSBC Continues Hiring Spree for Asia Equities
(Bloomberg) HSBC Holdings Plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG, the German lender which is making deep cuts to its own global operations. HSBC has […]
Hedge Fund Winton Capital Sees Profits Edge up, But Assets Under Advisement Keep Sliding
(City A.M) Hedge fund firm Winton Group, founded by businessman David Harding, announced today that its profits were up slightly after a disastrous 2016. Pre-tax profits were up to £125m in 2017, after being slashed in half to £107m a […]
BT Takes a Leaf Out of Hedge Fund Billionaire’s Songbook
(Bloomberg) After years of prevarication, BT Group Plc seems finally willing to consciously uncouple from its fixed-network business. CEO Gavin Patterson may be learning from the experience of BT’s Italian peer. The former British national telecoms operator is evaluating informal […]
Athenahealth Hired Adviser to Review Paul Singer’s Buyout Offer
(New York Post) Athenahealth blasted billionaire Paul Singer for publicly pressuring it to sell itself — even as it revealed it had hired advisers to review a $6.9 billion buyout offer from Singer’s hedge fund….. To read this article:
Using Scenario Analysis to Help With Asset Allocation – A Simple Solution to a Complex Problem
(Harvest) The reason for asset allocation scenario analysis is simple. There is a whole crowd of investors who do use or are uncomfortable with formal decision-making employing optimization. Quantitative asset allocation models like Black-Litterman, while elegant in theory, have not […]
SEC Proposes FAIR Act Rules to Promote Research Reports on Investment Funds
(HedgeCo.Net) The Securities and Exchange Commission today proposed rules and amendments that would promote research on mutual funds, exchange?traded funds, registered closed-end funds, business development companies, and similar covered investment funds. The proposal would reduce obstacles to providing research on […]
State and Provincial Securities Regulators conduct coordinated international crypto crackdown
(Hedgeweek) The North American Securities Administrators Association (NASAA) has conducted one of the largest co-ordinated series of enforcement actions by state and provincial securities regulators in the United States and Canada to crack down on fraudulent Initial Coin Offerings (ICOs), […]
London’s Luxury Homes Lure Hedge Fund Cash
(Bloomberg) Developers like building luxury London homes. Their bankers would rather they didn’t. Traditional lenders are charging more for loans or declining to offer money at all after a boom in prime properties ended and left builders with a record […]
Ex-Carmignac and Zadig Pros Prep European L/S Firm
(Hedgeweek) Two former Zadig Asset Management pros are launching a European l/s equity hedge fund, HFMWeek has learned. Vincent Steenman and Kevin Guillot are readying London-based Sata Capital, which will run a fundamental, concentrated portfolio. Sata’s Cayman-domiciled fund will be […]
Hedge Fund Returns Flat Since End Of March??
(Hedgeweek) The latest monthly hedge fund brief from Lyxor highlights that hedge fund performance since the end of March has been flat, according to several benchmarks. The industry has deleveraged during the market turbulence in February and March and has […]