Monthly Archives: August 2018
Ameriprise Financial Services Charged For Failing to Safeguard Client Assets
(HedgeCo.Net) The Securities and Exchange Commission has announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five Ameriprise […]
A $12 Billion Asset Manager Wants Out of the Hedge Fund ‘Fee Racket’
(Bloomberg) South African money manager Sygnia Ltd. closed all its hedge-fund products, ending a 13-year history with an investment strategy its chief executive officer now calls a ruse to pocket fees. To read this article:
CLOs Are the New Hedge Funds. Plan Accordingly.
(Bloomberg) A number of hedge fund firms have a hot product. It’s not their hedge funds. Och-Ziff Capital Management’s investors withdrew $418 million from its hedge funds in the second quarter. Total inflow of assets under management, however, were $1.2 […]
Barclay CTA Index up 0.21 per cent in July
(Hedgeweek) The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.21 per cent gain in July. Year to date, the Index has lost 1.98 per cent. To read this article:
Wilshire Liquid Alternative Index up 0.71 per cent in July
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.71 per cent in July, outperforming the -0.15 per cent monthly return of the HFRX Global Hedge Fund Index. […]
Macro, Managed Futures Performance a Drag on Hedge Fund Biz
(Evestment) Given the broadly positive returns posted in July, the beginning of H2 2018 would appear to have been a positive one. However, the good performance is overshadowed at the aggregate level by underperformance from macro and managed futures products […]
Invest In Long-Only Equity Run By Hedge Fund Managers
(Forbes) The hedge fund industry is quietly innovating, particularly in the legacy area of equity. Long-only equity run by hedge fund managers is growing in popularity—and for good reason– early returns have surpassed expectations—with the added plus that much of […]
The Case For Investment Grade Bonds
(Harvest) Investors are demonstrating caution midway through 2018 by taking steps to help insulate their portfolios. That’s understandable on the heels of a nine-year bull market in U.S. stocks, given renewed volatility, uncertainty surrounding global trade policies and steadily rising […]
Unregistered Agent Charged With Improperly Soliciting Investments
(HedgeCo.Net) The SEC has filed a civil injunctive action against Chad Anthony Lewis, a Kentucky resident for unlawfully acting as an unregistered broker and selling unregistered investments in two oil and gas companies based in Texas. The SEC’s complaint, filed […]
SS&C GlobeOp Hedge Fund Performance Index at 0.97 per cent for July
(Hedgeweek) The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2018 measured 0.97 per cent To read this article:
Sterling traders prepare for Brexit meltdown
(Reuters) – Having sunk to 13-month lows, sterling could fall by up to another 10 percent in the coming months should Britain crash out of the European Union without a deal on future trade ties, luring more speculators to bet […]