Category Archives: Syndicated
HFRU Composite Index Gains +0.71% Through Mid-October
(FINalternatives)mThe HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, is up +0.71% through mid-October, according to a flash update from Hedge Fund Research. To read this article:
SS&C GlobeOp: Forward Redemption Indicator Dips To 2.69%
(FINalternatives) The pace of hedge fund redemptions lessened in October after rising in September, according to new data from fund administrator SS&C GlobeOp, and they remained below year-ago levels for the ninth consecutive month. To read this article:
Shadow Banking Grows While Lending Trails
(Reuters) Banks gave less cross-border credit globally in the second quarter of this year while the shadow banking sector, which includes hedge funds, continued to grow, new data published on Thursday showed. The Bank for International Settlements’ data shows the […]
Nestle Speeds Up Overhaul to Counter Slowest Growth in Decades
(Reuters)Nestle (NESN.S), the world’s biggest packaged food group, is doubling spending on its restructuring this year to up to 1 billion Swiss francs ($1 billion) to cope with its weakest sales growth in more than two decades. Europe’s largest company […]
China’s Central Bank Warns of ‘Minsky Moment’ as Economy Powers Ahead
(Reuters) China’s central bank chief on Thursday issued a stark warning about asset bubbles in the world’s second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending. […]
Apex Group Acquires Deutsche Bank’s Alternative Fund Services Unit
(FINalternatives) Fund administrator Apex Group has announced the acquisition of Deutsche Bank’s Alternative Fund Services (AFS) business. The deal illustrates the rapid expansion of Apex since middle-market private equity company Genstar Capital recapitalized the company in May, Apex said in […]
Brevan Howard PM Re-Emerges at Expanding London Hedge Fund
(eFinancial) A former Brevan Howard portfolio manager, who left in June last year, has re-emerged at credit-focused hedge fund that’s quietly been hiring from investment banks. Shawn Cooper, who spent at year at Brevan Howard after joining from Deutsche Bank […]
Soros-Backed Hedge Fund Beats Peers With 23% Return
(Bloomberg) Glen Point Capital, a $2.3 billion hedge fund that invests money for billionaire George Soros and other clients, surged 22.7 percent through September this year, according to a person with knowledge of the matter. To read this article:
‘Psychopath’ Hedge Fund Managers Make Less Money
(Bloomberg) In the world of high finance, it’s been an article of faith among some that the only way to succeed—or even survive—is to be ruthless. But a new study in the latest issue of the Personality & Social Psychology […]
Apex Group Acquires Deutsche Bank’s Alternative Fund Services Unit
(FINalternatives) Fund administrator Apex Group has announced the acquisition of Deutsche Bank’s Alternative Fund Services (AFS) business as the company moves towards its stated goal of becoming a top five global fund services business. To read this article:
Man Numeric Launches New European Equity UCITS Fund
(FINalternatives) Man Group’s systematic investment unit Man Numeric has debuted a new UCITS-compliant fund that provides liquid alternative access to the firm’s European Core equity strategy. To read this article:
US Appeals Court Rejects Hedge Fund Founder’s FBI Misconduct Case
(Reuters) A U.S. appeals court on Tuesday dismissed a lawsuit by hedge fund founder David Ganek, who claimed federal authorities lied to get a search warrant against his fund in an insider trading investigation. A unanimous panel of the 2nd […]