(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 […]

(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 […]

(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 […]

(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 […]

(Harvest) Afraid you’ve missed the rally in emerging-market (EM) assets? Don’t be. Responsible policies and pragmatic politics have taken hold in many developing countries. That bodes well for growth and suggests the rally has room to run. EM bonds—both US-dollar […]

(FINalternatives) Eight years have passed since the FBI’s landmark insider trading investigation into Galleon Group, but the subject remains a concern in the minds of alternative investment industry participants, according to a new survey by the New York Hedge Fund […]

(Bloomberg) Harvey’s got hedge funds caught in a whirlwind. Just after the storm triggered the biggest rush to a more bearish stance on West Texas Intermediate crude since 2007, they flipped the switch and raised bets on a rebound as […]

(Bloomberg) The tactical hedge fund at Quantitative Investment Management, the $3.4 billion firm run by Jaffray Woodriff, surged an estimated 56 percent this year through August, according to an investor document seen by Bloomberg News. The firm’s systematic long-short equity […]

(Bloomberg) Diameter Capital has raised about $1 billion to make wagers on company debt, making it one of the largest hedge-fund startups this year, according to people with knowledge of the matter. The firm founded by Scott Goodwin and Jonathan […]

(Reuters) Some big money investors are warning that the rush to cheap stock bets and private asset strategies at the expense of hedge funds may prove costly. “As those trends run their course, it will open up better opportunities for […]

(Bloomberg) Two men who had dreams of starting a hedge fund have been accused of taking an unfortunate shortcut to show they were top-notch traders: buying illegal tips from their friend at Amazon.com Inc. Maziar Rezakhani and Sam Sadeghi of […]

(CNBC) The unidentified hedge fund that sports talk-radio star Craig Carton allegedly scammed out of $4.6 million was named “management firm of the year” in March, according to Sports Illustrated. The firm is Brigade Capital Management, Sports Illustrated said in […]