Monthly Archives: June 2018
Eurekahedge Identifies Best and Worst Performing Hedge Fund Strategies
Hedgeweek Distressed debt hedge funds continued to be the best performing strategy on a year-to-date basis, supported by the high yield and leveraged loans market performance during the month on the back of improving risk appetite and lower volatility levels. […]
SEC Charges Investment Banker in Insider Trading Scheme
(HedgeCo.Net) The Securities and Exchange Commission has charged an employee of a prominent investment bank with repeatedly using his access to highly confidential information in order to place illicit and profitable trades in advance of deals on which the bank […]
Asset managers turn to emerging technologies as regulatory dust settles
(Hedgeweek) The results of Linedata’s eighth global asset management survey reveal a shifting focus away from regulation, as companies prepare for a new wave of demands and opportunities afforded by disruptive technologies. To read this article:
U.S. Hedge Fund ValueAct has 5 pct Stake in Japan’s Olympus
(Reuters) U.S. hedge fund ValueAct Capital has become a major shareholder in Japanese medical equipment and camera maker Olympus Corp with a 5.04 percent stake, a regulatory filing showed on Thursday. To read this article:
GI Partners Considers Selling Minority Stake in Itself
(Bloomberg) Another alternative asset manager is looking to take some chips off the table. GI Partners, a San Francisco-based private equity and real estate firm, is considering selling a minority stake, according to people familiar with the matter. The firm […]
Perella Weinberg Weighs Asset Manager Split Before IPO
(Bloomberg) Perella Weinberg Partners, the boutique investment bank founded by Joe Perella and Peter Weinberg, is weighing separating its asset-management unit as it considers plans for a potential initial public offering, according to people familiar with the matter. The asset-management […]
Quant With $4.8 Billion Holds Tight on Market Roller Coaster
(Bloomberg) The sharp moves in global markets across Treasuries, stocks and European bonds this week raised the specter of forced selling en masse — thrashing risk appetite anew. Some systematic traders, however, simply kept calm and carried on. Take Transtrend […]
This Fund Returned 80% for Investors, With Just Two Stocks
(Bloomberg) There’s high-conviction funds, and then there’s Stephen Diggle’s health-care funds. The hedge fund veteran’s $100 million Vulpes Life Sciences Class A fund holds only two stocks, and the $50 million Class B fund just three. While the strategy has […]
Strong Uncertainty in Markets Boosted Net Sales of Multi-Asset Funds in March
(Opalesque)The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Funds Industry Fact Sheet, which provides net sales of UCITS and AIFs for March 2018. 28 associations representing 98 percent of total UCITS and AIF assets […]
Hedge Funds Enjoy Inflows in March Amid Equity Market Correction Industry Assets Hit All-Time High
(Opalesque) Hedge fund investors held their ground in March 2018, according to the Barclay Fund Flow Indicator, even as the equity market correction entered its second month. Industry assets climbed to an all-time high of $3.0 trillion. Data drawn from […]
Money is Still Cheap Enough to Support Stocks
(Harvest) Recently, U.S. interest rates hit multi-year highs and the dollar came back from the dead. From the February low to Monday’s high the DXY Dollar Index gained approximately 6.5%. At the same time, long-term U.S. interest rates are back […]
Long Island Investment Professional Charged in $8 Million Scam Targeting Long-Standing Brokerage Customers
(HedgeCo.Net) The Securities and Exchange Commission has charged a former registered representative with defrauding long-standing brokerage customers in an $8 million investment scam. According to the SEC’s complaint, Steven Pagartanis, who was affiliated with a registered broker-dealer, told some investors […]