Category Archives: Syndicated
Man Group Receives Approval for Private Fund Management License in China
(FINalternatives) A unit of global hedge fund manager Man Group has received approval from Chinese regulators to operate as a private securities investment fund manager in Mainland China. The company’s Man Investment Management (Shanghai) Co, Ltd. subsidiary, a wholly foreign […]
Top Firm Boss Says ‘Big Number’ of Staff Will Lose Jobs to Automation
(HITC) The chief executive of Deutsche Bank has issued a stark warning about the impact of technology, saying a “big number” of his staff will lose their jobs as robots take over. John Cryan told an audience in Frankfurt: “In […]
AlphaCentric Launches AlphaCentric Global Innovations Fund
(Opalesque) AlphaCentric today announced the launch of its newest fund, the AlphaCentric Global Innovations Fund (GNXIX). The Fund is the only actively managed mutual fund dedicated to automation and robotics. The AlphaCentric Global Innovations Fund invests in companies worldwide focused […]
Bill Ackman: I Won’t Insist on Replacing ADP Directors
(New York Post) Bill Ackman told ADP his activist hedge fund is willing to accept three seats on an expanded board rather than replace three directors.The activist hedgie behind Pershing Square Capital, who had been looking to unseat three of […]
Hedge Fund Crowding Primarily Consists of Systematic Factor Bets
(Harvest) The analysis of hedge fund crowding in this article follows the approach of our earlier studies: We started with a decade of hedge fund Form 13F filings. Form 13F discloses positions of firms with long U.S. assets over $100 […]
Diameter Capital Said To Raise $1B For New Credit Fund
(FINalternatives) Credit specialist Diameter Capital has reportedly raised approximately $1 billion for a new corporate debt fund and is already trading across junk bonds, loans and credit-default swaps. To read this article:
A Big Critic of ETFs Is Planning to Launch One of His Own
(Bloomberg) Like many active managers, Mark Yusko of Morgan Creek Capital Management LLC has some serious gripes about the rise of exchange-traded funds and the ascendancy of passive investing. And like many of those managers, he’s also starting his own […]
Hedge Funds May Lose This Tax Loophole, But They Don’t Care
(CNBC) Treasury Secretary Steven Mnuchin has made one thing clear when it comes to the way hedge fund managers get paid: a big tax loophole will disappear. He reiterated as much last month but hinted that it’s less certain what […]
AllianzGI Survey: Geopolitics Now Top Concern Among Global Investors
(FINalternatives) Geopolitical concerns are weighing heavily on investors’ minds, according to a new survey from alternative investment manager Allianz Global Investors, and forcing them to reassess risk management and return expectations. In the survey of global institutional investors, geopolitics now […]
Employees at the World’s Largest Hedge Fund Use iPads to Rate Each Other’s Performance in Real-Time
(The Business Insider) At Bridgewater Associates, the world’s largest hedge fund, all 1,500 employees are constantly rating each other across more than 100 attributes on a 1-10 scale. In a newly released presentation from the TED 2017 conference in April, […]
The World’s Biggest Sovereign Wealth Fund Wants to Change Its Strategy — And the Effects Could Be Global
(CNBC) Norway is considering new proposals for its sovereign wealth fund that could hit Japan and a range of other countries…Norges Bank proposed restricting its fixed income and corporate bond investments exclusively to the euro, the U.S. dollar and the […]
Some Closed Funds Ready to Open for Business Again
(CNBC) Managers of actively run funds can’t seem to get a break these days, and that includes closed ones. With the rise of passive investing, their business model and sales pitch for active management have come under seemingly constant attack. […]