Monthly Archives: June 2017
Rise of Robots: Inside the World’s Fastest Growing Hedge Funds
(Bloomberg) Believe the hype. Quants have never been more popular.After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric […]
Uber CEO Travis Kalanick Resigns Under Investor Pressure
(Reuters) Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership.Kalanick’s departure caps a tumultuous period for the world’s largest […]
Hedge Funds Are in Love With Small-Caps Again
(Bloomberg) The violent rotation gripping U.S. equities has chased professional investors back into small-cap stocks. In just two weeks, hedge fund positioning in Russell 2000 Index mini futures went from the most bearish in six years to the most bullish […]
Man Group Names Desmyter, Mitchell To Key ESG Roles
(FINalternatives) Global hedge fund manager Man Group has named current head of sales Steve Desmyter as head of responsible investment and current equity investment team executive (and UNPRI Hedge Fund Advisory Committee chair) Jason Mitchell as sustainability strategist. To read […]
Jefferies Posts 33% Drop in Quarterly Bond-trading Revenue
(HITC) Jefferies Group posted a 33% drop in quarterly bond-trading revenue, signaling weakness in a business that’s been a strength for Wall Street in the past year. Investment banking jumped on gains in debt underwriting. Bloomberg News reports that fixed-income […]
This is What Elite Fund Managers are Watching Closely — and it’s Not Trump or Brexit
(Marketwatch) Fears of a eurozone breakup. Concerns over unrest in the Middle East. And an increasingly angry middle class frustrated by the sluggish pace of economic growth. For years the financial markets have been swayed by such geopolitical threats — […]
A New Alliance? Hedge Funds and Passive Index Funds
(Seeking Alpha) Is there a misprint in this headline? It was a little difficult for me to write this. But it is a provocative thought, and one that hit me head-on when I read the following quote: “Hedge fund activists […]
Northern Trust Survey: Surge in Demand Shows Transparency is Key to Success for Alts Investing
(Opalesque) As alternative investments become more mainstream, information about investment vehicles, underlying assets and other risk management data has become more important to investors, but best practices around transparency requirements are lagging behind the demand, according to a survey released […]
Fake News and the Truth About This Bull Market
(Harvest) There’s fake news permeating the current market narrative: this bull market is over eight years old. For whatever reason, people are willing to regurgitate this inaccuracy over and over again until many market participants believe it’s true. Yes, there […]
How the Populist Wave Could Reshape Policy
(Harvest) The ideology can come from either side of the political spectrum, and it can have a big impact on policy, the macroeconomic landscape and—ultimately—how we invest today. The include economic insecurity, social insecurity and political ineffectiveness. Based on previous […]
Former CEO To Pay $5.5 million For Not Properly Disclosed Perks to Shareholders
(HedgeCo.Net) Public companies must properly disclose perks, benefits, and other forms of compensation paid to CEOs and certain other highly compensated executive officers. The Securities and Exchange Commission has announced that the former CEO of a marketing company has agreed […]
Barclays and Four Former Execs Charged Over Qatar Probe
(Bloomberg) Barclays Plc and four former executives were charged with conspiracy to commit fraud regarding the bank’s 2008 capital raising from Qatar, following a five-year investigation into one of the most turbulent periods in financial history. The Serious Fraud Office […]