Monthly Archives: June 2017

(FINalternatives) Bank Of New York Mellon has named hedge fund industry veteran and former SS&C executive Peter Salvage as the firm’s global head of hedge fund services. To read this article:

(FINalternatives) Hedge funds slipped again last week as global macro funds underperformed, according to new data from Lyxor Asset Management, although the company’s CTA Index rebounded from recent losses. To read this article:

(FINalternatives) Andreas Halvorsen’s hedge fund manager Viking Global Investors will return upwards of $8 billion this summer amid news its chief investment officer is leaving the company. Dan Sundheim, who was CIO of the $32 billion manager since 2014 and […]

(Bloomberg) It’s a rough day when your shorts turn against you just as virtually every major stock benchmark is tumbling. Such was the plight of hedge funds Monday, as bearish bets on energy and industrial companies backfired even as their […]

(Reuters) Hedge funds have turned much more bearish towards U.S. natural gas prices after stocks built much more than expected at the start of the summer cooling season. Hedge funds and other money managers cut their net long position in […]

(CNBC) An avid art collector, Cohen paid $165 million earlier this year for a painting called “Masterpiece” by Roy Lichtenstein. The price is believed to make it among the 10 most expensive paintings ever sold. To read this article:

(Bloomberg) GIC Pte has committed up to $100 million to a hedge fund started by David Mercurio, a former employee who worked at the Singaporean wealth fund for a decade, according to people familiar with the matter. GIC has backed […]

(Harvest) Markets, for the most part, appear to be desensitized from the number of political events and decisions lingering just over the horizon. Despite the increased uncertainty, VIX dipped to record lows during the month. Oil proved to be the […]

(FINalternatives) Fund administration software company KOGER has added new modules to its PENTAS private equity platform that address fundraising and deal flow requirements and will streamline and automate the administration of PE funds. To read this article:

(Harvest) Each of the major bond market risks—interest rate and credit—pays off over time. But they usually don’t pay at the same time. In this paper, we’ll take a look at why managing both risks in a single portfolio may […]

(FINalternatives) Net sales of UCITS and AIF funds surged in the first quarter of the year, reaching €262 billion compared to €120 billion in the fourth quarter of last year, according to The European Fund and Asset Management Association’s (EFAMA) […]