Monthly Archives: September 2017
A 32-Year Old Portfolio Manager from Paul Tudor Jones’ Hedge Fund Is Setting Off On His Own
(The Business Insider) Dirk Jeschke, a former portfolio manager at Paul Tudor Jones’ hedge fund firm, is prepping a hedge fund in London for early next year. Jeschke, 32, is planning a macro fund that will, among other things, emphasize […]
merging Markets Are Outperforming Developed Markets, But Analysts Argue About the Outlook for Growth
(CNBC) Emerging markets (EM) have continued to grow faster than developed markets and produced higher returns this year, but analysts have conflicting views about the sector’s growth outlook. EM gross domestic product growth is around 4.5 percent year on year […]
World Leaders Are Taking Investors Down a Dangerous Economic Path
(Harvest) Let’s start with Europe, the world’s second-largest economy. The European Union is a collection of states that are vastly different from one another. They are separated by culture, language (which impedes labor mobility, resulting in semipermanent labor productivity disparity […]
SunTrust Charged With Improperly Recommending Higher-Fee Mutual Funds
(HedgeCo.Net) The Securities and Exchange Commission today charged the investment services subsidiary of SunTrust Banks with collecting more than $1.1 million in avoidable fees from clients by improperly recommending more expensive share classes of various mutual funds when cheaper shares […]
Global Debt May be Understated by $13trn
(Reuters) Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the BIS said on Sunday. Bank for International Settlements researchers said it was […]
Hilltop Private Capital Names Moss To Partnership
(FINalternatives) Lower middle-market private equity specialist Hilltop Private Capital has named former Lincolnshire Management executive Ed Moss as a partner after twelve years as a Managing Director at Lincolnshire Management. To read this article:
Hedge Funds Are Hacking Blockchains to Guide Crypto Investments
(Bloomberg) Lucas Ryan of MetaStable Capital took a deep dive into the computer code underpinning the digital currency Monero to see if it worked as promised. He even took a core piece written in C ++, and rewrote it in […]
South Africa’s Capitalworks to Launch London Hedge Fund Business
(Reuters) South African private equity firm Capitalworks plans to launch a London-based business to provide financial and operational support for hedge funds, four sources with direct knowledge of the matter told Reuters. The new venture, Sephira Investment Advisors, marks the […]
Hugh Hendry Closes Hedge Fund After 15 Years as Losses Mount
(Bloomberg) Hugh Hendry, the hedge fund manager known for his provocative statements and contrarian views, is closing his Eclectica Asset Management following a 15 year run that ended with losses. “It wasn’t supposed to be like this,” Hendry said in […]
Seward & Kissel Study Reveals Side Letter Usage Rising Among Newer Managers
(FINalternatives) A new study by law firm Seward & Kissel on the use of side letters in the hedge fund industry reveals a dramatic increase in the deals amongst newer managers and a clear distinction between those investors who tend […]
Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading
(Bloomberg) Bitcoin fell for a fifth day, the longest losing streak in more than a year, after one of China’s largest online exchanges said it would stop handling trades by the end of the month amid a government crackdown on […]
China to Propose Measures to Further Promote Foreign Investment
(Reuters) China’s cabinet will ask the commerce ministry to propose measures to further promote foreign investment, state radio said in a report on Wednesday on a cabinet meeting chaired by Premier Li Keqiang. The report did not give any details. […]