Monthly Archives: September 2017
Irma: How Hedge Funds Are Handling a Possible Disaster
(Bloomberg) Greg Hagood didn’t have many details to work with on Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in South Florida for another 64 hours. Projections for its path were all over the place, especially considering that a […]
State Street Survey: Interest in Illiquid Assets Driving Co-Investment Activity
(FINalternatives) An increasing appetite for illiquid assets is driving investor interest in co-investments, consolidation and joint ventures, according to new research from State Street, while outsourcing of activities continues to offer both advantages and challenges. To read this article:
Hermes Joins United Nations Global Compact
(FINalternatives) Global investment manager Hermes Investment Management has joined the United Nations Global Compact, the world’s largest corporate sustainability initiative. To read this article:
Private Assets Are the New Hedge Funds
(Bloomberg) Hedge funds are dead. Long live private assets.Remember when hedge funds were the envy of investors? The returns were magical. The managers were gods. And they bestowed their bounty on a select smart-money set. To read this article:
Norway Votes as PM Hopes Record Stimulus Will Ensure Her Victory
(Bloomberg) Norwegians head for the polls in parliamentary elections in which Prime Minister Erna Solberg aims to make history thanks to her record use of the country’s oil riches. After spending an unprecedented amount on saving the economy from a […]
Global Insurance Capital Rule Snared in Transatlantic Divide
(Reuters) The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubt on whether it is practical, industry and regulatory officials say. Global […]
A Portfolio Manager Has Returned to $42bn Hedge Fund Firm D.E. Shaw
(The Business Insider) A portfolio manager has rejoined $US42 billion D. E. Shaw, in a role he had previously held. Patrick Saunders rejoined D. E. Shaw as a healthcare portfolio manager on the firm’s long-short stock strategy.. To read this […]
Australian Banks May Exit Wealth Management Without Being Forced
(Bloomberg) Australian banks are likely to get out of their wealth-management businesses without the need for government to force divestment, according to the head of a parliamentary banking inquiry. To read this article:
Calpers Risks Going the Wrong Way
(Bloomberg) If the reach for lower fees compromises returns, is it worth it? That’s a question Calpers should consider. As Bloomberg News reported late Thursday, the California Public Employees’ Retirement System is in discussions with BlackRock Inc. about managing some […]
A Hedge Fund Started by Steve Cohen’s Former COO is Going Through a Shakeup
(The Business Insider) A portfolio manager has left Folger Hill, a fund that has struggled since it launched two years ago. Folger Hill was started by billionaire investor Steve Cohen’s former chief operating officer, Sol Kumin, and Todd Rapp, previously […]
Distressed Debt Investing: Using Debt Instruments for Value Investing
(Harvest) There is more than one way to be a value investor. The classic value investor is someone like Benjamin Graham, often heralded as the father of the craft, who seeks to invest in companies whose shares are trading at […]
Autonomous Vehicles Have Arrived
(Harvest) Science fiction is real. In October of last year, a self-driving semi in Colorado carried over 2,000 cases of beer from Fort Collins to a distribution center in Colorado Springs — a journey of over 130 miles. While there […]