Monthly Archives: September 2019

Majority of American consumers are ready to use blockchain tokens, says KPMG

(Opalesque) Big four accounting firm KPMG has released a report revealing that the majority of Americans it surveyed were interested in the future of blockchain tokens – despite sickeningly poor market performance over the past two years. To read this […]

With 5% average growth, Australian ICT attracts private equity and venture capital investments

(Opalesque) Information and communications technology (ICT) is an increasingly vital engine of the Australian private equity & venture capital industry. To compete more effectively on the global stage, Australian businesses are looking to spend more than AUD 65bn on technology […]

Hedge Fund Association submits comment letter to SEC, advocating expanded accredited investor qualifications and broader advertising

(Opalesque) The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organization, is proud to advocate for expanded accredited investor qualifications and broader advertising, via submission of Comment Letter to SEC regarding harmonization of securities offering exemptions including […]

Hedge fund redemptions continue in August – eVestment

(Opalesque) Investors redeemed an estimated $6.51 billion from the global hedge funds business in August 2019, according to the latest eVestment asset flows report. Overall year to date flows are negative at ($63.61) billion. Performance also reduced assets as total […]

Hedge fund Elliott pushes Mobile Mini to combine with WillScot

(Reuters) – Hedge fund Elliott Management Corp has amassed a stake in Mobile Mini Inc (MINI.O), the biggest U.S. provider of portable storage containers for businesses, and is pushing it to merge with WillScot Corp (WSC.O), the largest U.S. vendor […]

Comscore Inc. and Former CEO Charged with Accounting and Disclosure Fraud

(HedgeCo.Net) The Securities and Exchange Commission has charged global information and media analytics firm, Comscore, Inc., and its former CEO with engaging in a fraudulent scheme to overstate revenue by approximately $50 million and making false and misleading statements about […]

CTA/managed futures hedge funds rebound in August with strong performance driven gains

(Hedgeweek) Hedge fund managers ended August 2019 down 0.35 per cent on an equal-weighted basis, and 0.54 per cent on an asset-weighted basis, according to data released by Eurekhedge. To read this article:

Robeco launches sustainable enhanced index fund

(Hedgeweek) Robeco has launched the Robeco QI Emerging Markets Sustainable Enhanced Index Equities with a strategy that aims for a 20 per cent higher score on Environmental, Social and Governance (ESG) criteria than the benchmark (MSCI Emerging Markets Index). To […]

SmartStream launches instant reconciliations using AI and machine learning

(Hedgeweek) SmartStream Technologies, the financial Transaction Lifecycle Management solutions provider, has launched SmartStream Air, a new approach for reconciliations that allows business users to reconcile complex sets of data in seconds. To read this article:

New Lyxor alternative UCITS fund provides access to Bridgewater Associates strategies

(Hedgeweek) Lyxor Asset Management Group (Lyxor) has launched a new alternative UCITS fund, the Lyxor/Bridgewater Core Global Macro Fund, which gives investors access to Bridgewater Associates’ strategies. To read this article:

China approves Two Sigma as a private fund manager

(Opalesque) Two Sigma China, the wholly-foreign owned enterprise (WFOE) of Two Sigma, recently received private fund management (PFM) license, said the Asset Management Association of China (AMAC). The New York-based hedge fund now has six months to launch an onshore […]

Large and broad reversals are the main CTAs’ enemies, says Lyxor

(Opalesque) Timing CTAs is notoriously challenging. Monitoring their exposures provides a useful picture but has rarely been a reliable allocation method. According to Lyxor, they enjoyed an impressive rally this year, mainly supported by their long bond positions, which fueled […]