Monthly Archives: September 2016
Swander Pace Raises $510M for Oversubscribed Sixth Fund
(Fin Alternatives) Consumer products private equity specialist Swander Pace Capital has raised $510 million in committed capital for its sixth fund. To read this article:
The Summer Ups and Downs of Managed Futures
(Harvest) The summer was a positive performance period for managed futures, yet it was still filled with return up and downs. We have identified periods of more than 2% gains and losses on the AMPHI Liquid Alt Index, an equal […]
MainStay Hires Ken Bossen for ETFs With Hedge Fund Approach
(Bloomberg) New York Life Insurance Co.’s MainStay Investments hired Ken Bossen to help build the exchange-traded fund operation that seeks to mimic hedge fund strategies. Bossen joined as director of ETF business development at the institutional intermediary division and will […]
SEC Charges CEO and Paid Promoter With Fraudulently Promoting Stock of Las Vegas Health Products Company
(HedgeCo.Net) The Securities and Exchange Commission today charged the CEO of a sexual health products retailer and a paid promoter with orchestrating fraudulent promotional campaigns to tout the company’s stock. The SEC alleges that Scott S. Fraser, who also was […]
HFRU Composite Up 0.34% in August as UCITS Outperform
(Fin Alternatives) The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, solidly outperformed their hedge fund brethren in August with a 0.34% gain, according to an update from Hedge Fund Research. To read this article:
Family Office Direct Investing: The $100 Million-Dollar Rule of Thumb
(Harvest) The turbulence of public markets pushes family offices to deepen their portfolios in the private markets, where risk-adjusted returns are higher and volatility is lower. Diversifying into alternatives provides a non-correlated buffer against public exposures and a welcome respite […]
Why you want to work for a quant hedge fund in the U.S. now
(eFinancial Careers) The computers are taking over hedge funds. While most hedge funds have struggled with redemptions this year and others face existential questions about their business models, quant hedge funds have emerged as the leaders of the pack. While […]
August: A quiet month for markets and hedge fund strategies alike
(Opalesque) Opalesque Industry Update – August was characterized by muted volumes and volatility across most asset classes. The MSCI World index gained 0.1%, while the Barclays US Aggregate Bond Index declined by 0.1%. GAM portfolio manager Anthony Lawler commented: “There […]
Lessons from a Trading Great: Bruce Kovner
(Harvest) Bruce Kovner retired in 2011 from Caxton Associates, the hedge fund he founded and ran for 28 years. Over that time the fund returned an average of 21 percent a year since its inception. In comparison, the SPX averaged […]
Hedge Fund, PE Allocations Drive Super Fees
(Financial Standard) Higher allocation to riskier and less liquid asset classes is driving higher superannuation fees, according to a new study from the Centre for International Finance and Regulation (CIFR). The CIFR funded study analysed the factors influencing superannuation fund […]
Tribeca to Compete With Overseas Hedge Funds
(Financial Standard) Tribeca Investment Partners has launched a Cayman vehicle for its Global Natural Resources Fund to meet international investor demand. The fund, a global long-short natural resources strategy, primarily focuses on large cap equities but invests in other classes […]
Asia-Focused Investor Indus Capital Changes Top Ranks
(Reuters) David Kowitz has stepped back from his role leading Asia-focused hedge fund firm Indus Capital Partners, according to a recent public disclosure. The $5.7 billion New York-based fund noted in a U.S. Securities and Exchange Commission filing on Aug. […]