(The Business Insider) To a growing chorus of strategists and investors across Wall Street, the stock market looks like it’s headed for a rude awakening. To read this article:

(FINalternatives) Morgan Stanley is reportedly planning to raise $500 million for a new fund vehicle aimed at unconventional, illiquid assets in niche markets even many hedge fund and private equity managers find too complicated to engage. To read this article:

(FINalternatives) Jonathan Litt’s activist hedge fund manager Land and Buildings has upped the pressure on Canadian retailing giant Hudson’s Bay, threatening in a new letter to shareholders that a proxy war could await if the company doesn’t take concrete steps […]

(FINalternatives) Alternative investments specialist Investcorp has appointed famed economist and investment manager Dr. Mohamed El-Erian to the company’s international advisory board as the company undergoes significant growth. To read this article:

(Citywire) 10. Robin Geffen Just creeping into the top 10 of our most viewed managers is Robin Geffen, the influential fund manager at Neptune Investment Management. His market views have previously appeared in the pages of the Financial Times, the […]

(FINalternatives) Bill Ackman’s Pershing Square Capital Management is reportedly taking a large position in payroll and benefits giant Automatic Data Processing, sending the company’s stock to a record high. To read this article:

(FINalternatives) Morgan Stanley is reportedly planning to raise $500 million for a new fund vehicle aimed at unconventional, illiquid assets in niche markets even many hedge fund and private equity managers find too complicated to engage. To read this article:

(FINalternatives) Jack Meyer’s Convexity Capital Management has reportedly laid off additional non-investment staff this year as assets under management fell by more than $1 billion in the first half. To read this article:

(New York Times) Martin Shkreli had bounced back from failure before. But over a few weeks in December 2012, it looked as if he might lose everything for good. He had $1,415. The Securities and Exchange Commission was investigating him. […]

(Bloomberg) While Elliott Management Corp. tries to cobble together enough money to beat Berkshire Hathaway Inc.’s $9 billion bid to buy one of America’s largest transmission operators, it has another problem to deal with: the state of Texas. The New […]

(Bloomberg) Turns out that China’s new Bond Connect with Hong Kong isn’t just good for foreigners. Offshore Chinese money is using the channel to bring money back home, taking advantage of opportunities in domestic credit products. With the Chinese yuan’s […]

(Investing.Com) A joint survey by the Alternative Investment Management Association and GPP, the financial services firm formerly known as Global Prime Partners, disaggregates the hedge fund industry by size. It finds that the dynamics of the smallest (emerging-funds) sector looks […]