Monthly Archives: September 2018
Sanofi Charged With FCPA Violations
(HedgeCo.Net) Paris-based pharmaceutical company Sanofi has agreed to pay more than $25 million to resolve charges that its Kazakhstan and the Middle East subsidiaries made corrupt payments to win business. According to the SEC’s order, the schemes spanned multiple countries […]
Hedge Funds Face a New Threat From Richest Families in Asia
(Bloomberg) They’ve already come for the talent, poaching traders from the likes of Millennium Management LLC. Now Asia’s family offices are going after the hedge fund industry’s clients, too. Take Tolaram Group, which runs a $500 million family office in […]
New Hedge Fund Management Fees Edge Higher
(Hedgeweek) North American hedge funds which launched in 2018 are charging 1.46 per cent management fees on average, marginally higher than the global industry average of 1.40 per cent, according to data released by EurekaHedge. The last two years have […]
Four Seasons Asia predicts Godzilla moment will create positive change in Japan
(Hedgeweek)Four Seasons Asia, a long only and long/short investment house focused on Japan, is to launch a Japan-dedicated UCITS fund. To read this article:
PTDL Group to merge with Global Blockchain Business Council
(Hedgeweek) The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, is to merge with the Global Blockchain Business Council […]
CTAs lead the hedge fund pack in August
(Hedgeweek) In the hedge fund space during August, CTAs outperformed and delivered positive returns in the range of 2-3 per cent depending on the benchmark, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team To read this […]
SEC Charges Cannabis Investment Fund and Founder in Fraudulent Scheme
(HedgeCo.Net) The Securities and Exchange Commission has charged a Texas-based investment fund and its founder with defrauding investors with false promises of massive returns in cannabis-related businesses. The SEC also issued an alert to warn retail investors about marijuana-related securities […]
Institutional Investors Have High Hopes for Hedge Funds in 2019
(aiCIO) Optimism remains bright for the hedge fund industry as two thirds of institutional investors were happy with their hedge fund returns over the past year, data firm Preqin reports. Out of 530 investors surveyed in June, 66% were pleased […]
JP Morgan’s Top Quant Warns Next Crisis to Have Flash Crashes and Social Unrest Not Seen in 50 Years
(CNBC) Sudden, severe stock sell-offs sparked by lightning-fast machines. Unprecedented actions by central banks to shore up asset prices. Social unrest not seen in the U.S. in half a century. That’s how J.P. Morgan Chase’s head quant, Marko Kolanovic, envisions […]
Current Investor Sentiment Swinging in Favor of Hedge Funds, Credit Suisse Survey Notes
(Hedge Fund Law Report) Credit Suisse Prime Services – Capital Services (CS) recently released its 2018 Mid?Year Survey of Hedge Fund Investor Sentiment (Mid?Year Survey), an extension of its annual hedge fund industry sentiment survey. The Mid?Year Survey explores current […]
Funds cling to bullish wheat stance, but wary of corn, soy:
(Reuters) – Speculators are not yet ready to ditch the wildly bullish wheat story, though they remain cautiously bearish toward Chicago-traded corn and soybeans. To read this article:
SEC Continues to Target Pay to Play Violations
(Hedge Fund Law Report) The SEC continues its aggressive pursuit of pay to play violations. It recently issued settlement orders against three investment advisers for violations of Rule 206(4)?5 under the Investment Advisers Act of 1940 – the so-called “pay […]