Monthly Archives: June 2016
SEC Proposes Rule Requiring Investment Advisers to Adopt Business Continuity and Transition Plans
(HedgeCo.Net) The Securities and Exchange Commission today proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. The proposed rule is designed to ensure that investment advisers have plans in […]
Market Neutral Hedge Fund Factors Breezed Through Brexit Plunge
(Bloomberg) Market neutral was the way to go after Brexit. Strategies that employ offsetting bets to orient themselves not around market moves but the performance of investment factors such as momentum and dividend yield were major winners as markets buckled […]
Soros Says Brexit Has ‘Unleashed’ a Financial-Markets Crisis
(Bloomberg) Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Brussels on Thursday. “This has been unfolding in […]
H2O Asset’s Macro Hedge Fund Lost 14.4% in Brexit Turmoil
(Bloomberg) A global macro hedge fund overseen by H2O Asset Management lost 14.4 percent in the wild market swings after the U.K.’s shock vote to exit the European Union, according to data compiled by Bloomberg. The H2O Vivace fund, which […]
Brevan Howard Said to Profit as Macro Peers Lose on Brexit Chaos
(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund made money on Friday when Britain’s decision to leave the European Union roiled global markets, according to a person with knowledge of the matter. The Brevan Howard Master Fund, which manages […]
World’s Biggest Hedge Fund Gets Bigger
(Valuewalk) Recently Japanese equity markets were hit by an ‘earthquake’. The biggest bank in Japan – Bank of Tokyo-Mitsubishi UFJ (BOTM) – resigned of his primary dealer status. The reason for such decision is the structure of government debt which […]
Chesapeake Hedge Fund to Return Client Money After 25 Years
(Bloomberg) Chesapeake Partners Management, one of a handful of hedge funds run by a woman, will return money to investors after 25 years. The $1.4 billion firm managed by Traci Lerner will transform into one that oversees her own wealth, […]
Alaska Permanent Fund To Redeem $2B from Funds of Hedge Funds
(FinAlternatives) Alaska’s Permanent Fund will pull the $2 billion it has allocated to liquid funds of hedge funds and will instead make the investment decisions for that capital internally. Funds impacted by the decision include Crestline Investors, Mariner Investment Group […]
Hedge Fund With $9 Billion in Assets Bets on Asia Post Brexit
(Bloomberg) Sparx Group Co., the Japanese asset manager that oversees about 951.5 billion yen ($9.3 billion), sees investment opportunities in Asian companies after the U.K.’s vote to leave the European Union. Asia will be the driver of global growth amid […]
Balter Responds to the Critics of Liquid Alternatives
(Daily ALts) Balter Responds to the Critics of Liquid AlternativesThe gloves are off! Troy Gayeski, Senior Portfolio Manager of fund-of-hedge funds manager Skybridge Capital, came out swinging against liquid alts, warning investors of their risks during last month’s SALT Conference […]
Origami Capital Partners Raises $371 Million Private Equity Fund
(HedgeCo.Net)– Sixpoint Partners, a leading global investment bank serving the middle market, today announced the final closing of Origami Opportunities Fund III, L.P (“the Fund”). The Fund, which is the third investment vehicle for Origami Capital Partners (“Origami”), closed with […]
The Global Dynamic That’s Pushing Yields Lower
(Harvest) Global bond yields continue their downward trend, a phenomenon that can be attributed, we believe, to two things: easy central bank policy and Brexit-induced risk aversion. To read this article: